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).
-
Statistical Data: 42,312 Housing Units Put Into Use In Romania In Jan-Nov 2024
12.11.2024
A total of 42,312 housing units were put into use in Romania in January-November 2024, fewer by 7,681 units than in the same period of 2023, data... more
-
Romania's Annual Inflation Accelerates To 5.1% In November 2024
12.11.2024
Romania's annual inflation climbed to 5.1% in November 2024, compared with 4.7% in October 2024, data from the country's statistics board INS... more
-
Braiconf Relaunches Online Store, Expands Portfolio
12.11.2024
Apparel producer Braiconf, with a 70-year history, is relaunching its online store in parallel with the expansion of its portfolio, dedicated until... more
-
Zentiva Readies New Production Investments in Romania
12.11.2024
Drug producer Zentiva plans new production investments in Romania and wants to bring new products to manufacture in Bucharest, explained Simona... more
-
The Bucharest Stock Exchange Mulls Options for Creating Stock Exchange in Chisinau
12.11.2024
The Bucharest Stock Exchange (BVB), the operator of the local capital market, is exploring options to create a Stock Exchange in Chisinau, together... more
-
Agroland Aims to Open 10 New Stores in 2025
12.11.2024
Romanian entrepreneurial group Agroland Business System, which owns the largest network of farm supply store chain in Romania, is investing in ten... more
-
Garanti BBVA Leasing Takes Out EUR20M Loan from BSTDB To Aid Romania SMEs
12.11.2024
Garanti BBVA Leasing, part of Garanti BBVA Romania, is strengthening its commitment to support SMEs in Romania by taking out a EUR20 million loan... more
-
Intersport Puts Romanian Nicolae Mogos In Charge Of Its Local Operations
12.10.2024
Sporting goods retailer Intersport, one of the most powerful actors in this market by turnover and number of stores, has appointed Romanian... more
-
HAVI Logistics Switches To RON2.8M Net Profit In 2023 vs RON9.9M Loss In 2022
12.10.2024
Havi Logistics, one of the largest transportation and logistics companies in Romania and one of the world's largest operators in the world for... more
-
Foraj Sonde Videle Signs Contract Of Over EUR10M For Geothermal Drilling Works
12.10.2024
Oil drilling company Foraj Sonde Videle (stock symbol: FOJE) has signed a contract of over EUR10 million targeting geothermal drilling works for... more
-
Mircea Cotiga Takes Over As CEO Of TechVentures Bank
12.10.2024
Mircea Cotiga, with 16 years of experience in the financial sector and six years as entrepreneur, has taken over the position of Chief Financial... more
-
Romania's Antitrust Watchdog Sets Off Inquiry Into Sporting Goods Market
12.10.2024
Romania's Competition Council has announced in a press statement on Dec. 10 that it has launched an investigation into possible anti-competitive... more
-
Romania's Central Bank Approves Internal Regulation On General Framework For Emergency Liquidity Assistance
12.10.2024
Romania's central bank has announced in a press statement on Dec.10 that its Board of Directors approved on September 30, 2024 the Internal... more
-
BCR Seed Starter Announces Its First Investment: EUR500,000 In FieldOS
12.10.2024
BCR Seed Starter, the first corporate venture capital (CVC) company established by a bank in Romania, has announced its first investment, of... more
-
Regina Maria Relocates Policlinica Baneasa Clinic To Baneasa Airport Tower Building In Wake Of EUR5M Investment
12.10.2024
Private medical clinics chain Regina Maria has announced the relocation of the Policlinica Baneasa clinic to the Baneasa Airport Tower building,... more
-
Romania’s Trade Deficit Widens 17% YoY To EUR27B In January-October 2024
12.10.2024
Romania's trade balance posted a deficit of EUR27.21 billion in January-October 2024, higher by EUR3.99 billion (+17.2%) compared to the same... more
-
Colliers: Romania Real Estate Investment Market Ends 9M 2024 with Deals of Nearly EUR650M, Boasting Strongest Deal Activity Growth in CEE
12.10.2024
The Romanian real estate investment market ended the first three quarters of 2024 with deals worth almost EUR650 million, around three times more... more
-
Techbolide Signs with Sweden’s Vastint to Relocate Headquarters to Business Garden Bucharest Project from Orhideea
12.10.2024
Techbolide, a developer of software solutions and IoT technologies, is relocating its central headquarters to office compound Business Garden... more
-
Largest Baltic Area Investment Fund Buys Paper Maker Pehart Grup Romania
12.10.2024
INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic area, has signed an agreement for stock acquisition in Pehart Grup, one... more
-
IPEC Alba Iulia Ends 2024 with EUR27.6M Turnover
12.10.2024
IPEC (Întreprinderea de Portelan Elena Covaciu), the company that manufactures ceramic products for household and ornamental use and is one of... 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.