Romania Unemployment Rate Edges Down To 5.3% Month-On-Month In November 2024
yesterday, 14:01
Romania’s unemployment rate stood at 5.3% in November 2024, lower by 0.1 percentage point than 5.4% recorded in October 2024, data from the country’s statistics institute INS show on Wednesday (January 8, 2025).
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Top 10 Bucharest Stock Exchange Brokers Handle RON32B Worth Of Deals In 2024 vs RON46B In 2023 yesterday, 23:43
The top 10 brokers present at the Bucharest Stock Exchange, listed depending on the value of deals handled and market share, intermediated... more
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Hilton Garden Inn Hotel In Craiova Expects 65% Occupancy Rate In Its First Year In Business yesterday, 22:30
Craiova will have its first Hilton hotel next year after work on the Hilton Garden Inn hotel has been completed, following an investment of more... more
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Agricultorul-Panimon Group Headed Towards RON1B Revenue yesterday, 22:09
Agri-food group Agricultorul-Panimon based in Bacau and held by entrepreneur Ilie Mihai, ended 2024 with a preliminary aggregate revenue of over... more
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Infosan To Open New Ophthalmology Clinic In Bucharest yesterday, 21:40
Private ophthalmology hospital Infosan is opening a new ophthalmology clinic in Iancului area in Bucharest in the first part of this year,... more
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Energy Minister: Romania Has All The Leverage To Ensure That Black Sea Gas Will Reach Romania First And Only Surplus Will Be Sold yesterday, 19:49
The export of a quantity of natural gas from the Neptun Deep perimeter is part of the business plan of the Neptun Deep project and reflects... more
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INS: Romanian Execs See Relative Stability In Retail Trade And Services, Moderate Headcount Drop In Manufacturing, Construction In Dec 2024-Feb 2025 yesterday, 17:44
Romania managers expect relative stability of the activity of retail trade and services, moderate decrease in the number of employees in... more
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Imobiliare.ro: Romania Housing Market Starts 2025 with Considerably Higher Prices yesterday, 15:51
The housing market is starting the year with significantly higher prices than 12 months ago, after a 2024 above expectations, with Cluj hitting new... more
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iBanFirst: Main Risk For Romania In 2025 Lies In The Continued Deterioration Of Its Fiscal Situation Amid Rising Global Bond Yields yesterday, 15:28
The most pressing risk for Romania in 2025 lies in the continued deterioration of its fiscal situation amid rising global bond yields, which could... more
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World Bank Report: One-Third Of Romania’s Population At Risk Of Poverty yesterday, 14:08
Romania experienced robust economic growth between 2016 and 2021, resulting in a substantial reduction in poverty; the poverty rate ($6.85/day PPP)... more
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Premier Energy Completes 10 MW Photovoltaic Power Plant in Republic of Moldova in EUR4M Investment yesterday, 10:39
Premier Energy, one of the largest natural gas suppliers in Romania has successfully finalized the development and construction of a 10 MW... more
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Mega Image Owner Ahold Delhaize Completes Acquisition Of Romanian Retailer Profi From MidEuropa
01.03.2025
Dutch-Belgian Ahold Delhaize Group, the owner of retailer Mega Image, has finalized the acquisition of Romanian grocery retailer Profi Rom Food SRL... more
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Romania Forex Reserves Rise To EUR62.13B In December 2024 01.03.2025
Romania's foreign exchange reserves stood at EUR62.13 billion at the end of 2024, an increase of 4% on the RON59.7 billion at the end of 2023,... more
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Auction House Artmark Held 47 Auctions With EUR11.3M Sales In 2024 01.03.2025
Art auction house A10 by Artmark held 47 auctions last year, slightly down from 2023, when it held 50 such events, but sales were up 24% to EUR11.3... more
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New Car Registrations Up 2.4% Year-On-Year In Romania In 2024 01.03.2025
The number of new cars registered in Romania increased by 2.4% to 148,105 units in 2024, 58,470 of which were hybrid vehicles (35% more) and 9.765... more
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Three-Month ROBOR Starts 2025 Flat at 5.92% 01.03.2025
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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AROBS Signs Two Market Maker Services Contracts with Raiffeisen Bank International and InterCapital Securities 01.03.2025
AROBS Transilvania Software, the biggest tech company listed at the Bucharest Stock Exchange, has signed two Market Maker services contracts with... more
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Romania Posts Budget Deficit Of RON126B Or 7.12% Of GDP In January-November 2024 01.02.2025
Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product... more
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Romgaz Completes Delisting Of GDRs From London Stock Exchange 12.31.2024
Natural gas producer and supplier Romgaz (SNG.RO) on Wednesday notified the Bucharest Stock Exchange that the delisting of the global depositary... more
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Three-Month ROBOR Ends 2024 At 5.92% From 6.21% At The Beginning Of The Year 12.31.2024
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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Grocery Retailer Annabella Opened 10 Stores In 2024 12.31.2024
Store chain Annabella, one of the most powerful grocery retail businesses in Romania, opened ten stores in 2024 and invested in its second retail... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
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More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
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Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
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Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
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The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
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The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
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Romania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
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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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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.