Romania Unemployment Rate At 5.3% Month-On-Month In November 2024
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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).
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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
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AKTOR Sees Romania As Key Market In Coming Years 11.11.2024
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GARBE Industrial Real Estate Expands In Romania, Appoints Andrei Jerca As Country Head 11.11.2024
GARBE Industrial Real Estate GmbH, one of the leading providers and managers of logistics, light industrial and technology real estate in Germany... more
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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
OMV Petrom, Romania’s main oil and gas producer, has signed an EPCC-type contract to start the construction of the photovoltaic park of Isalnita,... more
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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
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Romanian Game Developers Association Report: Romania Game Development Industry Generated EUR317M Turnover in 2023, Down 6% YOY 11.11.2024
In 2023, Romania’s game development industry posted EUR317 million turnover, down 6.6% from 2022, in line with data provided by Romanian Game... more
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Freight Carrier Nicolaus Com Invests EUR6M in Sibiu Four-Star Boutique Hotel 11.11.2024
Sibiu-based Nicolaus Com, one of the most dynamic freight carriers locally, founded in 1996 by Bogdan Nicolae, will open a four-star boutique... more
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eMAG Overshoots EUR800M Sales Mark In First 12 Hours Of Black Friday Campaign 11.08.2024
eMAG, the region's largest online retailer, has overshot the RON800 million mark for this year’s Black Friday it had set out to achieve. In fact,... more
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Banca Transilvania Posts RON3.9B Consolidated Net Profit In Jan-Sep 2024 11.08.2024
Banca Transilvania (TLV.RO), the largest lender in Romania, posted RON3.9 billion consolidated net profit in January-September, an increase of 70%... more
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TeraPlast Group Inaugurates The Opal Stretch Film Factory In Saratel Industrial Park 11.08.2024
TeraPlast Group has inaugurated this week its new Opal stretch film factory located in the Saratel Industrial Park following a total investment of... more
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Electrica Gets Shareholder Approval For Up To EUR500M Bond Issue And RON3.1B Syndicated Loan 11.08.2024
Electricity supplier and distributor Electrica (stock symbol: EL) on Nov 8 received the approval of shareholders for several projects, including a... more
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Impact Developer & Contractor Sold 73 Apartments For EUR8M In October 2024 11.08.2024
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Nuclearelectrica Makes RON233M Term Deposit With Exim Banca Romaneasca 11.08.2024
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Exim Banca Romaneasca a term deposit without extension in the amount of RON233... more
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Turbomecanica And Prebet Aiud To Be Included In MSCI Frontier IMI And MSCI Romania IMI As Of Nov 26, 2024 11.08.2024
Starting November 26, 2024, the shares of two new companies listed on the Bucharest Stock Exchange, namely Turbomecanica (stock symbol: TBM) and... 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.