Romania’s Trade Deficit Widens 17.7% YoY To EUR30B In January-November 2024
yesterday, 14:01
Romania's trade balance posted a deficit of EUR30 billion in January-November 2024, higher by EUR4.51 billion (+17.7%) compared to the same period of 2023, data from the country's statistics board INS showed on Friday (Jan. 10).
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Romanian Government Considers Becoming Majority Shareholder Of Electrica Again
yesterday, 23:08
The Romanian Government is considering regaining the majority stake of the Electrica Group (EL.RO), in which it currently owns 49.8%, Economedia... more
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Finance Ministry Raises Interest On Tezaur T-Bills
yesterday, 21:11
The Finance Ministry is launching a new session for buying Tezaur T-bills on Monday, January 13, with one-, three- and five-year maturities and... more
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Nuclearelectrica Announces Changes In Its Management Team
yesterday, 20:41
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market in a report on Jan. 10 that the position of General... more
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Government Raises “Medium Term Notes” Program Ceiling By EUR15B To EUR90B
yesterday, 18:38
The “Medium Term Notes” government paper issue framework program will continue with a higher value, RON90 billion, instead of the previous... more
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Statistics Board: Romania's Economy Grows 1.2% YoY In Q3/2024
yesterday, 17:36
Romania's economy increased by 1.2% in unadjusted data in the third quarter of 2024, lower than 2.3% growth reported in the same quarter of 2023, a... more
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Statistics Board: Romania Retail Sales Grow 8.7% YoY In January-November 2024
yesterday, 16:38
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.7% in unadjusted data and by 8.1% when... more
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Filip & Company Assists Qemetica Group In Sale Of Assets Related To Soda Ash And Sodium Silicate Production In Romania
yesterday, 15:20
Law firm Filip & Company has provided legal assistance to Qemetica, a major player in the European chemical industry, in a complex project... more
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Romania’s Trade Deficit Widens 17.7% YoY To EUR30B In January-November 2024
yesterday, 14:01
Romania's trade balance posted a deficit of EUR30 billion in January-November 2024, higher by EUR4.51 billion (+17.7%) compared to the same period... more
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Dental Elite Wants to Expand to New Cities in 2025
yesterday, 10:12
Ciucu family aims to expand stomatology clinic chain Dental Elite with at least two new clinics in 2025, but final investment decisions will be... more
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Savini Due Expects EUR42M Turnover in 2025, Up 20% YOY
yesterday, 10:05
Bathroom furniture producer Savini Due, controlled by Italian businessman Piersante Savini, forecasts EUR42 million turnover for 2025, up 20% from... more
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Fraher Group Wants to Turn TU Dairy Plant of Tulcea into Romania’s Biggest Producer of Mature Cheese
yesterday, 09:59
Fraher group, controlled by Hertea brothers, wants to expand TU dairy production and become the largest producer of mature cheese in Romania,... more
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Old 3-Room Apartments in Bucharest End 2024 with Strong Price Increase
yesterday, 09:52
December 2024 brought a strong price increase on the Bucharest market of old three-room apartments after a year and a half of advances. more
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EXE Software Sees 18% Growth In 2024, Almost Double The Estimates
01.09.2025
EXE Software, a Romanian bespoke software development company, saw business growth in 2024 almost double the 10% target set at the beginning of the... more
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International Alexander Conducted Layoffs At Brandl Factory In Sibiu At End Of 2024
01.09.2025
At the end of 2024, a car parts and accessories factory in Sibiu laid off 181 employees, according to data from the Territorial Labor Inspectorate... more
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Softbinator Technologies Signs RON3M Contract With Silicon Valley Firm
01.09.2025
Softbinator Technologies (stock symbol: CODE), a Romanian provider of full software development services (product management, product design,... more
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Finance Ministry Raises RON1.28B From Banks Via Two Bond Issues On Jan 9
01.09.2025
Romania's Finance Ministry raised RON1.28 billion from banks on Thursday (Jan 9), selling government paper in two auctions, at annual average... more
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Retailer La Cocos To Open Its First Hypermarket In Brasov On Jan 24
01.09.2025
Retailer La Cocos, famous for its low pricing strategy, announces the opening of its first hypermarket in Brasov (central Romania) on January 24. more
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Romgaz Expands Into Supplying Natural Gas To Household And Non-Household Consumers
01.09.2025
The Energy Ministry welcomes the strategic initiative of Romgaz (SNG.RO) to expand its business to supply natural gas to household and... more
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Statistics Board: Romania Housing Permits Up 1.1% YoY In November 2024
01.09.2025
Romanian authorities issued 2,729 residential building permits in November 2024, 13.8% fewer than in October 2024 and 1.1% more than in November... more
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Competition Council Slaps Holcim Romania, Romcim, Heidelberg Materials Romania With RON217M Fine For Price Fixing
01.09.2025
Romania's Competition Council fined the companies Holcim Romania S.A., Romcim S.A. and Heidelberg Materials Romania S.A. a total RON217.96 million... 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.