Romania's Annual Inflation Rate At 5.02% In February 2025

today, 13:50
Romania's annual inflation rate stood at 5.02% in February 2025, slightly higher than the 5% rate recorded in January 2025, data from the country's statistical office INS showed on Thursday (March 13).
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Statistics Board: 88.6% Of Romanian Households Have Internet Access At Home In 2024
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The share of households in Romania that had access to internet at home reached 88.6% of the total in 2024, up 2.9 percentage points compared to... more
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Romania National House of Public Pensions Inks RON109.9M Contract for New Integrated Information System with JV Btwn AROBS Systems and WING LEADING EDGE
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Romania’s National House of Public Pensions has signed a RON109.9 million contract, VAT not included, for a new integrated information system,... more
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Oracle Romania Takes Over Local Subsidiary of US Cerner
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The local arm of US giant Oracle has taken over the local subsidiary of US company Cerner, a developer of software for the health industry, which... more
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Dubai’s Growdash Taps into Romanian Market
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Startup Growdash of Dubai, specializing in business intelligence solutions for restaurants, has invested EUR300,000 this year on the local market,... more
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Underline Ventures Has $13M Available To Invest in Tech Startups
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Venture capital fund Underline Ventures has $13 million left for investment in tech startups, both in Romania and on other markets, said Bogdan... more
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Carrefour Steps Up Franchise Development in Romania
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French group Carrefour, present locally with around 450 stores under various formats, is accelerating its development in a franchise system in... more
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Romania Signs Memorandum Of Understanding With EBRD For Investments In Renewable Energy
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The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in... more
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Romania To Launch This Year's Last Edition Of TEZAUR Treasury Bills Program, On Dec 9
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Romania’s finance ministry has announced on Friday (Dec 6, 2024) that it will launch this year's last edition of the TEZAUR Treasury bills... more
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Competition Council Clears Acquisition Of Some Activities And Assets Of US PPG Industries By Poland's Qemetica
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Romania's Competition Council has authorized the transaction through which Poland's Qemetica intends to take over, including through the investment... more
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Romanian Constitutional Court Annuls First Round Of Presidential Vote
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Romania's Constitutional Court has annulled the result of the first round of the country's presidential election, on Friday (Dec 6). more
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Statistics Board: Romania's Economy Edges 0.8% Higher YoY In January-September 2024
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Romania's economy inched 0.8% higher both in unadjusted data and seasonally adjusted data, in the first nine months of 2024 compared to the same... more
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Salt Bank Wins Award for Best Use of Tech in Retail Banking at London Banking Tech Awards 2024
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Salt Bank, the first Romanian neobank, has won the award for Best Use of Tech in Retail Banking at London Banking Tech Awards 2024, with the... more
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"The Banker”, Part Of "Financial Times" Group, Designates BRD As "Bank Of The Year In Romania" For 2nd Straight Year
12.05.2024
BRD Groupe Societe Generale was designated "Bank of the Year in Romania" for the second consecutive year, during the ceremony organized on December... more
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Meat Processor Vanbet Ends 2023 With EUR90M Turnover, Up 11.9% YoY
12.05.2024
Meat processor Vanbet based in Vaslui (eastern Romania) ended 2023 with a turnover of RON445 million (nearly EUR90 million), up 11.9% from the... more
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Hella Romania Set To Close Its Office In Oradea Amid Low Demand On Automotive Market
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Car parts manufacturer Hella Romania, the local division of Germany's Hella, will be closing its center in Oradea (northwest Romania), as per data... more
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Dedeman To Open EUR15M Store In Pascani, Iasi County
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Romanian do-it-yourself (DIY) retailer Dedeman, held by brothers Adrian and Dragos Paval, will be opening a new store on Dec 6, in the northeastern... more
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Praktiker Real Estate Romania Buys Muntenia Business Center In Bucharest For EUR8M
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Praktiker Real Estate, the property company owned by Turkish businessman Omer Susli, has completed the acquisition of the Muntenia Business Center... more
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Amethyst Romania Set To Invest EUR10M In Two New Radiotherapy Centers In 2025
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Amethyst Romania, the network of centers specializing in radiotherapy, will be opening two new centers in 2025, in Piatra Neamt and Satu Mare,... more
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Dennis Rijksen To Take Over As CEO Of ING Hubs Romania Starting Jan 1, 2025
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ING Hubs Romania, a global technology hub that provides more than 150 software development, data management, non-financial risk and audit services,... more
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Statistics Board: Romania Retail Sales Grow 8.7% YoY In January-October 2024
12.05.2024
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.7% in unadjusted data and by 8% when... more

Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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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.