Economic Confidence Rises in March, but CFA Analysts Caution about Main Risk for Romania Economy: Possible Downgrade to Junk

yesterday, 11:22
The Macroeconomic Confidence Index of CFA Romania Association in March rose by 7.3 points to 43.9 points, exclusively on the increase of the anticipations component of the index, while the current conditions component was relatively unchanged.
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Antibiotice Iasi 2024 Revenues Up 8% To RON693M, Net Profit Rises 23% To RON99M
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Romanian drug manufacturer Antibiotice Iasi in 2024 registered total revenues worth RON693 million, up 8%, and RON99 million net profit, 23% above... more
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Purcari Ends 2024 with RON57.4M Net Profit, Down 10% YOY. Revenues Rise 3% To RON382M
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Winemaker Purcari in 2024 reached RON382.4 million revenues, 3% higher than in 2023 amid the 13% increase on the main wine segment. Net profit... more
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Hidroelectrica Reports Lower Net Profit and Revenues for 2024
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Hidroelectrica, the largest company listed on the Bucharest Stock Exchange, in 2024 registered RON4.1 billion net profit, down 35%, and RON9.1... more
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Knauf Group Set to Build EUR75M Plant in Huedin, Cluj
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Knauf group, which includes Knauf Insulation Romania and Knauf Gips, has obtained a building permit for a EUR75 million investment in a... more
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Romania Factoring Market Grows 8% To EUR9.4B in 2024
02.26.2025
Romania factoring market at end-2024 reached a total operations volume of around EUR9.4 billion, up 8% from 2023, in line with information provided... more
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Gelu Sulugiuc, Former Reuters and Bloomberg Journalist, Invests in Dinamo Football Club
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Gelu Sulugiuc, a former business journalist at Reuters and Bloomberg, has become a stakeholder in Dinamo in a bid to aid the football club rebound. more
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Payment Station Network SelfPay Triples Net Profit In 2024
02.25.2025
SelfPay, the leader of the self-service payment station market in Romania, posted RON32.2 million net profit in 2024, almost three times the 2023... more
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Transilvania Broker de Asigurare Reports RON107M Revenue, RON2.5M Net Profit For 2024
02.25.2025
Insurance broker Transilvania Broker de Asigurare (TBK.RO) reported revenue of RON107 million for 2024, lower than RON111 million recorded in 2023,... more
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Simtel Team 2024 Net Profit Surges 35% YoY To RON37M
02.25.2025
Engineering and tech group Simtel Team, leader in the field of renewable energy in Romania, reported net profit of RON36.7 million in 2024, up 35%... more
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Chimcomplex Seeks To Borrow EUR60M
02.25.2025
Chimcomplex (CRC.RO), the largest chemical producer in Romania, with two sites - in Onesti and Ramnicu Valcea, has called shareholders to approve... more
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Cupio Cosmetics Brand Ends 2024 With 9.5% Higher Turnover Of EUR22.8M And 25 Stores Nationwide
02.25.2025
Cupio, the Romanian cosmetics brand launched by entrepreneurs Raluca and Razvan Stefanescu 13 years ago, ended 2024 with a turnover of EUR22.8... more
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Peris Group Posts 12% Growth In Revenue To RON700M In 2024
02.25.2025
The Peris Group, which consists of Abatorul Peris SA and its subsidiaries, Cathedral Distribution SRL and Policalita SRL, posted more than RON700... more
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Bucharest Stock Exchange Rewards Performers Of 2024 Stock Exchange Year At 12th Edition Of BVB Awards
02.25.2025
On the 12th edition of the Bucharest Stock Exchange (BVB) Awards, the Bucharest Stock Exchange has granted 20 awards to listed companies, brokerage... more
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BVB Shares Set to Be Integrated in NAGA Global Trading Platform
02.25.2025
NAGA, a fintech listed on the Frankfurt Stock Exchange, has announced the integration of shares listed on the Bucharest Stock Exchange into its... more
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Cushman & Wakefield Echinox: Western European Investors Spent EUR1.75B On Romanian Real Estate In Last Five Years
02.25.2025
Investors from Western Europe, particularly from Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of... more
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Romania Ranks 2nd on CEE M&A Market
02.25.2025
Romania M&A market in 2024 registered one of the highest levels of the past five years, reveals a Deloitte Romania analysis, reporting 151 deals of... more
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Vola.ro 2024 Turnover Up 31% To EUR23M
02.25.2025
The number of plane tickets sold via Vola.ro platform rose by 49% in 2024, with the value of deals topping EUR135 million, while the company’s... more
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Colliers: New House Deliveries Down 15% in 2024 in Romania
02.25.2025
New house deliveries dropped by 15% last year nationwide and by over 20% in Bucharest, while demand rose by 7%, reveals Colliers annual report. more
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Romania Private Lending Up 8.8% YOY in January 2025 to RON418B
02.25.2025
Romania private lending in January 2025 rose by 8.8% from the year-earlier period, to RON418.6 billion, after local currency loans went up by 10.9%... more
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ESX Announces EUR600,000 Investment in PTN.esx.ro Development
02.25.2025
ESX, a platform known for aggregating sports and fitness services, has announced a EUR600,000 investment in the development of PTN.esx.ro (Personal... more

Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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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
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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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.