10.14.2021

Romania’s current account balance ended January-August 2021 with an EUR10.1 billion deficit, 55% higher than the EUR6.5 billion in January-August 2020, Romania’s central bank data show. more

10.14.2021

Romania’s total external debt increased by EUR8.4 billion to EUR135.2 billion in January-August 2021, of which direct public debt accounted for EUR60.7 billion, EUR3.46 billion more than at the end more

10.14.2021

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, continued its upward trend on Thursday more

09.02.2021

Old three-room apartment prices in Bucharest continued to increase in August, reaching more than EUR101,000, a decade high, which had not been reached since the first half of 2009. more

09.02.2021

Gameloft Romania, a videogame developer and publisher established more than a decade ago, saw its revenue increase by about 3% last year, when people had to spend more time in their homes to avoid more

08.09.2021

Cluj and Timisoara airports saw growth of up to 130% in traffic in July compared with the year-ago month, partly because of the higher number of charter flights, which accounted for 16% of the total more

07.28.2021

Almost 3,100 local companies went insolvent in the first half of 2021, over 30% more than in the year-ago period. more

07.21.2021

The seven Pillar II mandatory private pension funds, which are the largest investors on the Bucharest Stock Exchange, ended June 2021 with record assets of RON84.4 billion, an increase of RON18.5 more

07.05.2021

Apartment prices went up in five districts in Bucharest in June compared with the previous month, and down in only two districts, as the market headed towards an 11-year peak. more

06.22.2021

The number of microbreweries in Romania is headed towards 100, after 20 such businesses opened in 2020 and despite the difficult market for small businesses, only three closed. more

06.10.2021

Emerson SRL, part of US’ Emerson, posted about RON961.8 million (EUR199.5 million) revenue in 2020, slightly up year-on-year from RON955.9 million (EUR201.6 milion), Finance Ministry data show. more

06.08.2021

Car battery manufacturer Rombat Bistrita posted RON395.2 million (EUR82 million) revenue in 2020, down about 1% compared with 2019, ZF has calculated from Finance Ministry data. more

05.25.2021

The net profit of Romania’s banking system reached about RON1.89 billion at the end of the first quarter of 2021, 15% higher than in the year-ago period, while assets rose to a peak of RON574.9 more

05.24.2021

The largest refinery in Romania, Rompetrol Rafinare, part of the Kazakhstan-based KMG International group expects an improvement of its results this year with the return of demand for oil products. more

05.12.2021

Banks in Romania granted RON4.6 billion worth of new leu loans to companies in March, an increase of RON2.1 billion or 84% on the year-ago month. more

05.11.2021

Duvenbeck Logistik, one of the largest transport and logistics companies in Romania, ended 2020 with RON326.1 million (EUR67.6 million) revenue, 19% lower than in 2019, when it posted about RON406 more

05.07.2021

Construction company Viarom posted an increase of 31% in revenue to RON173 million in 2020, Finance Ministry data show. more

04.20.2021

The second-hand fashion market in Romania is developing like the regular fashion market, so retail and chains are emerging. This market started taking shape in Romania more than a decade ago but did more

04.09.2021

Household consumers became the stars of the energy system in 2020, as working and learning from home or the newfound love of cooking took the residential demand for power to record volumes. more

03.29.2021

Globalworth, the largest office space owner in Central and Eastern Europe, saw a 6.5% increase in net operating income to EUR157.3 million in 2020, whiles total portfolio value remained at EUR3 more

03.08.2021

The supply of houses is preparing for an increase, the high number of land deals lately shows. more

03.05.2021

Restaurant group Sphera Franchise group, which holds the KFC, Pizza Hut and Taco Bell franchises in Romania, and is developing the KFC brand in the Republic of Moldova and Italy, saw its online orders more

03.04.2021

The strategy adopted at the onset of the pandemic to boost production capacity for drugs in demand drove local pharmaceutical manufacturer Zentiva to third place among the largest pharmaceutical more

03.01.2021

Denmark’s Rockwool, which has a mineral wool plant in Aricestii Rahtivani, Prahova, ended 2020 with 18% rise in sales on the Romanian market to some RON113 million from the RON96 million of 2019. more

02.04.2021

December 2020 came with last year’s highest level of new corporate loans in lei, as well as the 14-year monthly high, RON4.7 billion. The growth of new corporate loans in lei in December 2020 was more