Statistics Board: Foreign Direct Investment In Romania Hit EUR10.03B In 2022, Up 12% YoY

yesterday, 01:40
Romania attracted foreign direct investments (FDI) totaling EUR10.03 billion in 2022, up 12% versus EUR8.9 billion in 2021, an analysis by the country's central bank and the statistics board INS shows Friday (Sept 29).
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Grand Hotel Bucharest Ends H1/2023 With RON15M Turnover And RON5.2M Net Profit
yesterday, 03:11
Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), for the first half of... more
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Vivre Deco Reports RON14.2M For H1/2023 Vs RON18.7M In Year-Earlier Period
yesterday, 03:01
Furniture and home décor retailer Vivre Deco, with two bond issues listed at the Bucharest Stock Exchange and facing insolvency proceedings,... more
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BT Leasing Transilvania IFN Ends H1/2023 With Consolidated Net Profit Of RON93.2M, More Than Double YoY
yesterday, 02:48
BT Leasing Transilvania IFN, the financial leasing division of Banca Transilvania Group, ended the first six months of 2023 with an individual net... more
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Online Retailer Elefant Reports RON53M Turnover For H1/2023 Vs RON95M In Year-Earlier Period
yesterday, 02:33
Online retailer Elefant.ro ended the first half of 2023 with a turnover of RON53 million, compared to RON95 million in the same period of 2022, and... more
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Dr. Fischer Dental Reports RON580,000 Net Profit And RON7.3M Turnover For H1/2023
yesterday, 02:11
Dr. Fischer Dental (DENT.RO), a dental laboratory owned by Dr. Antoaneta Fischer, ended the first half of 2023 with a net profit of RON578,800, up... more
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Nuclearelectrica, Laurentis Energy Partners Team Up To Advance Production Of Medical Isotopes In Romania
yesterday, 01:40
Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) will collaborate with Laurentis Energy Partners (LEP), a subsidiary of Ontario... more
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INS: Romania Building Permits Down 23% YoY In August 2023
yesterday, 01:39
Romanian authorities issued 3,115 residential building permits in August 2023, 1.9% more than in July 2023 and 23% fewer than in August 2022, data... more
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Romania Posts Budget Deficit Of RON42B, Or 2.65% Of GDP, YoY In January-August 2023
09.29.2023
Romania’s general consolidated budget posted a deficit of RON42.19 billion in January-August, 2023, or 2.65% of gross domestic product (GDP), as... more
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Teilor Holding Posts RON194M Revenue, RON8.5M Net Profit In H1
09.29.2023
Teilor Holding, a group of companies with bonds listed on the Bucharest Stock Exchange, which includes Teilor luxury jewelry chain, finance company... more
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Santierul Naval Constanta Sees 68% Decline In Revenue To RON69M In H1
09.29.2023
Santierul Naval Constanta (Constanta Shipyard – SNC.RO), which builds and repairs ships, posted RON68.6 million revenue in the first half of... more
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Bestjobs Recrutare Posts RON20.7M Revenue, RON5.2M Profit In H1
09.29.2023
BestJobs Recrutare, the company that manages the online recruitment platform of the same name (bestjobs.ro), and which has an outstanding bond... more
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Grup Serban Holding Ends H1 With 5% Decline In Revenue, 10% Decline In Net Profit
09.29.2023
Grup Serban Holding (GSH.RO) posted RON262 million revenue in the first half of 2023, 5% lower than in the same period in 2022. Net profit fell 10%... more
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Furniture Maker Elvila Losses Widen To RON5.5M In H1
09.29.2023
Elvila (ELV.RO), the furniture manufacturer controlled by businessman Viorel Catarama, posted RON5.5 million net loss in the first six months of... more
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Banca Transilvania Gets Shareholder Vote To Distribute RON900M Dividends
09.29.2023
Romania’s largest lender Banca Transilvania (TLV.RO) has secured shareholders’ vote to distribute RON900 million as dividends from the profit... more
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CNCAN Approves Licensing Basis Document For NuScale SMR Powerplant In Doicesti
09.29.2023
The Romanian National Commission for Nuclear Activities Control (CNCAN) has approved the Licensing Basis Document (LBD) for the NuScale small... more
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Report: Romania Ranks 3rd In CEE, 12th At European Level By Online Sales Of Goods And Services
09.29.2023
Romania ranks third in Central and Eastern Europe (CEE) and 12th at European level by online sales of goods and services, with a share of 3.17% in... more
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Delivery Platform Tazz Seeks To Boost Number Of App Downloads From 2.8M To 3.4M
09.29.2023
Delivery platform Tazz seeks to boost the number of its app downloads to 3.4 million in the coming year, amid development plans. more
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Law Firm NNDKP Named Romania Tax Disputes Firm Of The Year By International Tax Review
09.29.2023
Nestor Nestor Diculescu Kingston Petersen (NNDKP) was named Romania Tax Disputes Firm of the Year at the 2023 edition of ITR EMEA Tax Awards... more
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Germany’s Stada Likely to Open New Romania Production Unit Next May
09.29.2023
German group Stada, which is building in Turda, Cluj county, a drug plant set to produce 130 million drug boxes annually, is likely to open the new... more
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Uniprest Instal Set to Invest EUR9-10M in New 13,000-Sqm Logistic Unit in Targu-Mures
09.29.2023
Uniprest Instal, a wholesaler of heating installations, part of Dutch group Rensa, wants to double the area of its Targu-Mures central warehouse, a... more

The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
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Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.