Romanian Investors Spent EUR577M on Acquisitions in the Region in 2024, Three Times More against 2023
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from Emerging Europe M&A Report 2024/2025 drawn up by law firm CMS jointly with EMIS.
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Statistical Office: Romania's Industrial Production Prices Edge 0.1% Lower YoY in January 2025 03.04.2025
Industrial production prices for the total (domestic market and non-domestic market) inched 0.1% lower in January 2025 compared to January 2024,... more
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Romania Unemployment Rate Down To 5.5% Month-On-Month In January 2025 03.04.2025
Romania’s unemployment rate stood at 5.5% in January 2025, lower by 0.2 percentage points than the 5.7% rate recorded in December 2024, data from... more
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UCM Resita Returns To Profit in 2024 03.04.2025
UCM Resita, a company taken over last year by Hidroelectrica, for 2024 reported RON5.55 million turnover, down 85% from 2023. However, the company... more
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Liberty Galati Enters Agreement with Creditors To Stabilize Its Business 03.04.2025
Liberty Galati, the largest integrated steel producer in Romania, has announced it would enter an agreement with creditors amid political upheaval,... more
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E.ON Energie Romania Completed 34 Photovoltaic Projects in 2024; Has 18 Projects Underway 03.04.2025
E.ON Energie Romania, part of German group E.ON, in 2024 completed and delivered 34 photovoltaic plants to a similar number of partner companies,... more
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Ropharma Shareholders OK Increase of ING Bank Loan by EUR2.35M 03.04.2025
The extraordinary general meeting of Ropharma shareholders on March 3 decided to increase a loan contracted from ING Bank by EUR2.35, more exactly... more
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Insolvent Hidroconstructia Ends 2024 with over EUR3M Net Profit 03.04.2025
Hidroconstructia, which went insolvent in early 2022 and was subsequently taken over by Electromontaj group, in 2024 posted profit worth over... more
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Cerberus And Revetas Said To Be Considering Sale Of Radisson Hotel On Calea Victoriei, Bucharest 03.03.2025
Private investment firms Cerberus and Revetas are considering the sale of the Radisson Hotel on Calea Victoriei in Bucharest, after having sold the... more
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Sweet Biscuit Sales Reach RON2.5B In Romania 03.03.2025
Romania sold 67,000 tons of sweet biscuits in retail, worth a total of RON2.5 billion (EUR500 million), Euromonitor International data show. more
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Braiconf Reports 35% Lower Revenue For 2024 03.03.2025
Braila-based apparel manufacturer Braiconf (stock symbol: BRCR) has announced it a stock market report that it recorded revenue of RON18.5 million... more
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Investment Fund Vertical Group Exceeds 5% Holding In Agroserv Mariuta 03.03.2025
Investment fund Vertical Group, held by several entrepreneurs, has reported in a stock market report on March 3 that it has exceeded the 5% holding... more
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Romania Forex Reserves Rise To EUR62.5B In February 2025 03.03.2025
Romania's foreign exchange reserves stood at EUR62.5 billion at the end of February 2025, higher by EUR1.75 billion than the EUR60.8 billion level... more
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Vista Bank Romania Acquires Alpha Leasing Romania IFN And Alpha Insurance Brokers 03.03.2025
Vista Bank has announced on March 3 the agreement with Alpha Bank S.A. and Alpha International Holdings S.MS.A. 100% subsidiaries of Alpha... more
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Irina Urechean Takes Over As General Manager Of Unilever Ice Cream Romania And Moldova 03.03.2025
Anglo-Dutch giant Unilever, a leading player on the consumer goods market, has appointed Irina Urechean to the position as General Manager of... more
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Sameday, Held By eMag Group, Buys 24.9% Stake In Zitec 03.03.2025
Sameday, held by eMag Group and one of the leading players in the courier services industry, has become shareholder in IT and digital marketing... more
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Deloitte: Use Of Gen AI Will Double Electricity Consumption Of Global Data Centers By 2030 03.03.2025
As power-intensive Generative AI (Gen AI) consumption grows faster than other uses and applications, electricity consumption by data centers is... more
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Banca Transilvania Announces Successful Completion of Merger with OTP Bank Romania 03.03.2025
Banca Transilvania, the largest lending institution in Romania, has announced the successful completion of its merger with OTP Bank Romania in the... more
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Foraj Sonde Videle 2024 Turnover Up 20% YOY. Profit Drops 4% To RON18.4M 03.03.2025
Oil drilling company Foraj Sonde Videle posted RON167.3 million turnover in 2024, up 29.2% from 2023. more
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Rompetrol Well Services Ends 2024 with RON10M Profit, Down 13% YOY 03.03.2025
Rompetrol Well Services, one of the leading wellbore special services companies in Romania, registered RON10.3 million net profit in 2024, 12.6%... more
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iBanFirst: Trump’s 25% Threatened Tariffs on EU Products Set to Dent Romania Exports 03.03.2025
Trump’s 25% threatened tariffs on EU products risk to pummel the local economy as the US is Romania’s second largest trade partner after UK,... 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.