07.21.2023

Personal net worth in Romania rose at an annual rate of 10.5% in the past five years, to $200 billion and is expects to continue to growth by around 7% by 2027, overshooting the growth rate of Eastern more

05.30.2023

US-held Adobe, one of the largest software businesses in the world, mainly known for its photo and video editing applications (Photoshop, Lightroom and Premiere Pro), posted growth in revenue in more

05.29.2023

Banca Transilvania, the biggest player in the local banking system, wants to grow only in Romania, with a focus on organic growth, without mulling foreign expansion. more

05.23.2023

Life insurer Aegon Romania, part of international financial group Aegon, ended 2022 with a RON165.73 million gross underwritten premium volume, more than 8% higher than in 2021, and a 4.92% market more

03.08.2023

Among the European Union Member States, the highest economic growth in the fourth quarter of 2022 compared to the third quarter of 2022 was recorded by Greece (1.4%), Malta (1.2%), Cyprus (1.1%) and more

02.14.2023

Romania had the second highest economic growth rate in the European Union in the fourth quarter of 2022, 5% compared with the year-earlier period, after Ireland (15.7%) and ahead of Cyprus (4.4%), more

01.12.2023

Romania's economy will grow by only 0.5% in 2023, says Wood, the largest brokerage firm in Central and Eastern Europe, in an analysis. However, there may be pleasant surprises, Wood believes. more

01.11.2023

Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report. more

01.05.2023

Industrial production prices increased by 44.8% in Romania in November of 2022 versus the same period of 2021, placing the country third in the European Union, with higher increases recorded only in more

12.07.2022

Romania had one of the highest annual economic growth rates in the European Union, of 4.7%, in the third quarter of 2022, being outpaced only by Ireland (10.6%), Croatia (5.5%), Cyprus (5.4%), Malta more

11.25.2022

The ten most valuable companies in Romania’s economy are this year valued at RON218 billion (EUR44 billion), 20% lower than in 2021. more

11.11.2022

Romania’s economy is expected to expand by 5.8% in 2022, as compared to a 3.9% growth rate projected in July, the European Commission (EC) said in its Autumn 2022 Economic Forecast report released more

10.31.2022

Aegon Romania ended the first half of 2022 with an 8.2% increase in gross underwritten premiums, at RON76.7 million, vs RON70.4 million in 1H/2021. more

10.11.2022

The International Monetary Fund (IMF) raised its forecast for Romania's 2022 economic growth to 4.8% from 3.5% projected in June 2022 and advised the country's government to reduce the fiscal deficit, more

09.28.2022

The European Bank for Reconstruction and Development (EBRD) on Wednesday (Sept 28) revised upwards its forecast on Romania’s economic growth to 5.4% in 2022 from a previous projection of 2.5%, which more

09.28.2022

Agrii Romania, a producer and wholesaler of agricultural inputs, owned by Irish group Origin Enterprise, posted two-digit growth along all its segments in the financial year August 2021-August 2022, more

09.26.2022

The International Monetary Fund (IMF) has revised upwards its forecast on Romania’s economic growth to 4.8% for 2022, from a previous projection of 3.5% in summer. more

09.08.2022

Romania’s economy is likely to growth almost 4.5 times in the next 40 years, said the representatives of the Foreign Investors Council (FIC) at an event organized by the council. The process can be more

08.25.2022

The volume of trade between Germany and Romania continues its upward trend in the first half of 2022, reaching EUR18.4 billion, 12.3% above the year-ago period, the latest figures from the Federal more

08.02.2022

Nestlé Romania plans to keep in 2022 the growth pace of the first half of the year and thus end the year with an increase of over 10% in sales compared to 2021, according to Silvia Sticlea, Nestlé more

06.28.2022

Banca Transilvania, Romania’s largest lender by assets, has revised upwards the country’s economic growth forecast to 3.8% in 2022, from its previous projection of 3.5%, and versus the 2.9% more

06.09.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Thursday (June 9) revised upwards its forecast on Romania’s economic growth to 5.1% in 2022, from a previous projection of 2.8% in more

04.29.2022

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European countries, in which it revised its forecast for more

04.20.2022

The International Monetary Fund (IMF) has lowered its economic growth projection for Romania to 2.2% for 2022 from a previous projection of 4.8% made in October 2021, the Fund said in the April 2022 more

04.11.2022

The World Bank downwardly revised its growth forecast for Romania's economy to 1.9% for 2022 from a previous projection of 4.3% in January, as per a report analyzing Ukraine war fallout over Eastern more