10.23.2024

Romania private lending went up by 8.4% in September 2024 against September 2023, to a total of RON413.2 billion, central bank data showed on Wednesday, October 23, 2024. more

10.23.2024

Romania Buy Now Pay Later (BNPL) market is in full swing, supported by fast digitalization and consumers’ changing behavior, said Alexandru Balaci, CEO of Mokka Romania, a provider of BNPL services. more

10.21.2024

Nestlé Romania reported solid organic growth of 5.7% for the first nine months of 2024, which reflects the team’s commitment to delivering high-quality products and meeting the evolving needs of more

10.21.2024

Barleta plant of Bacau, where paper bags are manufactured for major supermarket chains, fast-food networks or bakery producers, has boosted production capacity by 15% in the wake of operated more

10.17.2024

Frigoglass Romania, a producer of plastics and refrigerated display cases, part of the Greek Frigoglass Group, posted about RON605 million (EUR122.3 million) revenue in 2023, up 3.7% from the previous more

10.17.2024

The stock of industrial and logistics spaces in Romania is likely to overshoot 8 million square meters at end-2025, should the annual 500,000-sqm expansion pace maintain, is the conclusion of the more

10.14.2024

The macroeconomic confidence index of CFA Romania Association shed 6.7 points in September, to 40.1 points, amid the 7.3-point decline of the anticipations component and the 5.5 point-drop of the more

10.11.2024

Romania continues to be a strategic center for Brazil’s Stefanini Group, which provides innovation and digital transformation solutions, owing to its capacity to attract talents and linguistic more

10.10.2024

Romania’s statistics board INS upwardly revised the country’s economic growth for the second quarter of 2024 against the same quarter of 2023 and the first quarter of 2024. more

10.10.2024

Foreign direct investments in Romania’s real estate and construction field in 2023 rose by EUR2.1 billion, holding the second biggest weight in the overall FDI at end-2023, namely 17.5%, reveal more

09.27.2024

Romanian startup Pluria, which in 2020 launched a platform via which company employees have access to flexible workspaces, adapted to the new hybrid work model, is enjoying significant expansion in more

09.26.2024

The European Bank for Reconstruction and Development has downwardly revised its forecast for Romania’s economic growth in 2024, to only 1.4%, compared with 3.2% projected in May 2024, while counting more

09.23.2024

The number of new insolvencies in Romania went up by 8.3% in the first half of 2024 against the same period of 2023, with 3,684 new procedures being opened, the latest Coface survey shows. more

09.12.2024

Mediapost Hit Mail Group, the biggest player in direct and relationship marketing controlled by a subsidiary of the French Post, saw its business grow by 3% in the first half of this year compared more

09.12.2024

Aggregate M&A deal values in Europe increased by 31% to EUR439 billion, while the transaction volumes were down by 8% over the same period compared with the first half of 2023, shows the Outlook more

09.12.2024

Romania mutual funds, managed by companies part of the country’s biggest banking groups, but also by independent administrators, are likely to reach 1 million clients at the end of 2025 should the more

09.10.2024

Türkiye-based Trendyol, which created a marketplace platform for fashion and other products that can be sold online, has grown to 500,000 customers and 3 million products sold in Romania in eight more

09.09.2024

Polish investment firm bValue is looking to invest in Romania in the coming period, allocating EUR20 million budget for companies in this country. more

09.06.2024

BCR, the second largest bank in Romania, has revised its 2024 economic growth forecast for the country to 1.9% from 2.6%, as previously stated. The revision of the forecast is because of the mere 0.7% more

09.06.2024

ING Bank has decided on Friday (Sept 6) to revise its growth forecast for Romania's economy in 2024 to 1.3% from its previous estimate of 2% after Romania's statistics board INS released detailed data more

09.06.2024

Romania's economy edged 0.7% higher, in unadjusted data, and grew by 1.5% in seasonally adjusted data, in the first half of 2024 compared to the same period of 2023, provisional (1) estimates from the more

09.02.2024

tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, ended the first half of 2024 with EUR23.2 million net profit, an increase of more

09.02.2024

Romania factoring market reached EUR4.33 billion in the first half of this year, up 8% from the same period of last year. more

08.30.2024

Mobility network Autonom Services, held by brothers Marius and Dan Stefan, ended the first half of 2024 with a net profit of RON18.8 million, up 53% from the first half of last year. more

08.28.2024

Systematic Development Center, a private IT company based in Denmark that develops software and solutions for various customers, including for NATO militaries, intelligence services and the healthcare more