Romania Unemployment Rate At 5.3% Month-On-Month In November 2024
today, 14:01
Romania’s unemployment rate stood at 5.3% in November 2024, lower by 0.1 percentage point compared to October 2024, data from the country’s statistics institute INS show on Wednesday (January 8, 2025).
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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
today, 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
today, 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
today, 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
today, 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
today, 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
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Furniture Maker Taparo Lays Off 40% Of Employees
12.31.2024
Furniture maker Taparo, which filed for insolvency in November, has sent the Maramures County Employment Agency (AJOFM Maramures) a notification... more
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Special Construction Tax Postponed For 90 Days
12.30.2024
The introduction of the special construction tax should be postponed for 90 days, sources close to the talks say, during which the government... more
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Government Adopts Ordinance On Curbing Budget Deficit
12.30.2024
The government on Monday announced the adoption of the emergency ordinance aimed at curbing budget deficit to 7% in 2025, as undertaken before the... more
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No Special Construction Tax Yet, PM Ciolacu Says
12.30.2024
The special construction tax will not be levied unless enforcement guidelines have been issued first and the finance minister has had talks with... more
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Kastamonu Romania Expects 2024 Turnover to Revolve around EUR160M
12.30.2024
Kastamonu Romania, controlled by Türkiye’s Kastamonu Entegre, forecasts it will end the current year with turnover of around EUR160 million amid... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania 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
moreFiscal 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
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania 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.