Romania’s Trade Deficit Widens 17.7% YoY To EUR30B In January-November 2024
yesterday, 14:01
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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SevenX Raises Stake in Holde Agri Invest
01.09.2025
Holde Agri Invest, one of Romania’s largest farmland operators, has announced changes in its shareholding structure, as well as the strategy for... more
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Credit Europe Bank Romania Completes Merger with Parent Bank Credit Europe Bank N.V. of Netherlands
01.09.2025
Credit Europe Bank has completed the merger process with the Dutch parent bank Credit Europe Bank N.V. and starting January 1 operates in Romania... more
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Mioveni Dacia Plant Readies for Bigster
01.09.2025
Presented for the first time internationally in October 2024, at Paris Motor Show, the Dacia Bigster model can be ordered in Romania starting... more
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Colliers: Romania Still One of the Most Affordable Real Estate Markets in the Region
01.09.2025
Romania houses are still among the most affordable in CEE, as average wages have risen in the past five years at a faster clip that housing market... more
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International Workplace Group Opens New Space in Bucharest
01.09.2025
International Workplace Group, the world’s largest hybrid work solution provider, with brands such as Spaces and Regus, is opening a new flexible... more
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Romania Labor Market in 2024. Employers Posted almost 300,000 New Jobs
01.09.2025
Employers posted almost 300,000 new jobs in 2024 and around 11 million applications were registered, reveals Review & Trends annual report drawn up... more
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Medima Hits EUR18M Turnover in 2024, Up 60% YOY, Aims to Open 6 New Clinics in 2025
01.09.2025
Medima Health, the medical imaging network controlled by Vlad Ardeleanu, doctor Gheorghe Iana and investment funds Morphosis Capital and Integral... more
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Top 10 Bucharest Stock Exchange Brokers Handle RON32B Worth Of Deals In 2024 vs RON46B In 2023
01.08.2025
The top 10 brokers present at the Bucharest Stock Exchange, listed depending on the value of deals handled and market share, intermediated... more
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Hilton Garden Inn Hotel In Craiova Expects 65% Occupancy Rate In Its First Year In Business
01.08.2025
Craiova will have its first Hilton hotel next year after work on the Hilton Garden Inn hotel has been completed, following an investment of more... more
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Agricultorul-Panimon Group Headed Towards RON1B Revenue
01.08.2025
Agri-food group Agricultorul-Panimon based in Bacau and held by entrepreneur Ilie Mihai, ended 2024 with a preliminary aggregate revenue of over... more
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Infosan To Open New Ophthalmology Clinic In Bucharest
01.08.2025
Private ophthalmology hospital Infosan is opening a new ophthalmology clinic in Iancului area in Bucharest in the first part of this year,... more
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Energy Minister: Romania Has All The Leverage To Ensure That Black Sea Gas Will Reach Romania First And Only Surplus Will Be Sold
01.08.2025
The export of a quantity of natural gas from the Neptun Deep perimeter is part of the business plan of the Neptun Deep project and reflects... more
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INS: Romanian Execs See Relative Stability In Retail Trade And Services, Moderate Headcount Drop In Manufacturing, Construction In Dec 2024-Feb 2025
01.08.2025
Romania managers expect relative stability of the activity of retail trade and services, moderate decrease in the number of employees in... more
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Imobiliare.ro: Romania Housing Market Starts 2025 with Considerably Higher Prices
01.08.2025
The housing market is starting the year with significantly higher prices than 12 months ago, after a 2024 above expectations, with Cluj hitting new... more
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iBanFirst: Main Risk For Romania In 2025 Lies In The Continued Deterioration Of Its Fiscal Situation Amid Rising Global Bond Yields
01.08.2025
The most pressing risk for Romania in 2025 lies in the continued deterioration of its fiscal situation amid rising global bond yields, which could... more
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World Bank Report: One-Third Of Romania’s Population At Risk Of Poverty
01.08.2025
Romania experienced robust economic growth between 2016 and 2021, resulting in a substantial reduction in poverty; the poverty rate ($6.85/day PPP)... more
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Romania Unemployment Rate Edges Down To 5.3% Month-On-Month In November 2024
01.08.2025
Romania’s unemployment rate stood at 5.3% in November 2024, lower by 0.1 percentage point than 5.4% recorded in October 2024, data from the... more
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Premier Energy Completes 10 MW Photovoltaic Power Plant in Republic of Moldova in EUR4M Investment
01.08.2025
Premier Energy, one of the largest natural gas suppliers in Romania has successfully finalized the development and construction of a 10 MW... more
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Mega Image Owner Ahold Delhaize Completes Acquisition Of Romanian Retailer Profi From MidEuropa
01.03.2025
Dutch-Belgian Ahold Delhaize Group, the owner of retailer Mega Image, has finalized the acquisition of Romanian grocery retailer Profi Rom Food SRL... more
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Romania Forex Reserves Rise To EUR62.13B In December 2024
01.03.2025
Romania's foreign exchange reserves stood at EUR62.13 billion at the end of 2024, an increase of 4% on the RON59.7 billion at the end of 2023,... 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.