Romania’s Trade Deficit Widens 17.7% YoY To EUR30B In January-November 2024
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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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Turism Felix 9M 2024 Profit Plummets 82% To RON1.7M 11.12.2024
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Ambulance Maker Deltamed Exports 50% of Production, Seeks New Opportunities in Europe, Middle East, South-East Asia 11.12.2024
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Textile Company Techtex Enters Agreement with Creditors 11.12.2024
Techtex SRL, a company specializing in technical textile production, part of Taparo group, has entered an agreement with creditors. more
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Restaurant Chain Spartan Seeks To Expand Abroad Via Franchisees 11.11.2024
Spartan restaurant chain wants to expand into foreign markets under a franchise system, a model it has already tested in Romania. It has already... more
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Five-Star Radisson Blu In Cluj-Napoca Set To Open New Wing In Second Half Of 2025 11.11.2024
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Argus Reports RON155.7M Revenue For January-September 2024 Period, Up 15.6% YoY 11.11.2024
Vegetable oil producer Argus Constanta (UARG.RO) reported operating revenue of RON155.7 million for the first nine months of 2024, up 15.6%... more
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Grup Serban Holding Calls Shareholders For December 16 To Vote On EUR73M Loan From BRD-SocGen 11.11.2024
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Prima Development Group Secures Construction Permit For New Residential Complex In Bucharest 11.11.2024
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Finance Ministry Raises RON600M From Banks On Nov 11 11.11.2024
Romania's Finance Ministry raised RON600 million from banks on Monday (Nov 11), selling government paper at an annual average yield of 6.95%. more
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OmniaGusti Taps Into HoReCa Segment, Eyes 40% Higher Turnover In 2024 11.11.2024
OmniaGusti, one of Romania's largest suppliers on the confectionery raw materials market, is entering the HoReCa (Hotel, Restaurant, and Catering)... more
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AKTOR Sees Romania As Key Market In Coming Years 11.11.2024
Greece's AKTOR Group of Companies sees Romania as a key market in the coming years and plans to boost its portfolio in the local market by... more
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GARBE Industrial Real Estate Expands In Romania, Appoints Andrei Jerca As Country Head 11.11.2024
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EY Holiday Shopping Survey: Global Cost Of Living Crisis Drives Shoppers To Seek Out More Bargains 11.11.2024
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Electromagnetica's Turnover Plunges Over 50% In January-September 2024 11.11.2024
Electricity and electrical equipment producer Electromagnetica (stock symbol: ELMA) recorded a turnover of RON152.8 million in the... more
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Romania’s Trade Deficit Widens 15% YoY To EUR23.5B In January-September 2024 11.11.2024
Romania's trade balance posted a deficit of EUR23.5 billion in January-September 2024, higher by 15% compared to the same period of 2023, data from... more
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Santierul Naval Orsova Rakes In 41% Higher Profit in Jan-Sept 2024 11.11.2024
Shipbuilder Santierul Naval Orsova posted RON5.6 million net profit in the first nine months of 2024, up 41% from the year-earlier period. more
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OMV Petrom Signs EPCC Contract to Start Building Isalnita Photovoltaic Park 11.11.2024
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One United Properties 9M 2024 Consolidated Turnover Down 10% to RON1B, Net Profit Falls 13% To RON298M 11.11.2024
Real estate developer One United Properties registered RON1 billion turnover in the first nine months of 2024, down 10% from the year-earlier... 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.