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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Regina Maria Dental Clinics Set to Open Three Units in 2024-2025
10.04.2024
Regina Maria Dental Clinics will open another three new stomatology clinics in late 2024 and early 2025 as the number of unique patients has... more
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Transelectrica Officially Unveils Directorate Members Starting October 3
10.03.2024
National grid operator Transelectrica (stock symbol: TEL) has announced in a stock market report on Thursday (Oct 3) that the company's Directorate... more
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Metropolitan Life Reaches Gross Written Premiums Of RON378M In H1/2024, Up 21% YoY
10.03.2024
Metropolitan Life, the second largest life insurance company in Romania (as per data from Ziarul Financiar daily), announces a 21% annual increase... more
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Mediaposte Hit Mail Group Invests EUR1.5M In Warehouse
10.03.2024
Mediaposte Hit Mail, the main integrator of direct marketing services in Romania, controlled by a branch of the French Postal Operator, invested... more
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Romania's Central Bank Authorizes BLIK ROMANIA Instant Payment System
10.03.2024
The Board of Directors of Romania's central bank authorized on October 1, 2024 the operation in Romania of Polish instant payment system BLIK. more
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Finance Ministry Raises RON1.4B From Banks Via Two Bond Issues On Oct 3
10.03.2024
Romania's Finance Ministry raised RON1.42 billion from banks on Thursday (Oct 3), selling government paper in two auctions, at annual average... more
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Brand Management: 8 In 10 Shopping Mall Visitors Recall The Ads Seen In Malls
10.03.2024
Indoor advertising in shopping malls remains one of the most effective methods for brand marketing, as per a survey conducted in the first half of... more
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Alro Slatina Commissions New Aluminium Cutting Facility In Wake Of RON13.7M Investment
10.03.2024
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, is proud to announce the opening of... more
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Poland's Polenergia Acquires Remaining 40% Stake In Naxxar Wind Farm Four
10.03.2024
Polenergia, the largest privately-held energy group in Poland, held by two investment funds, has taken over the remaining 40% ownership stake in... more
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Clifford Chance Badea Assisted NEPI Rockcastle In Its Latest Green Bonds Issue Worth EUR500M
10.03.2024
A multijurisdictional team of lawyers coordinated by Madalina Rachieru-Postolache, Partner Clifford Chance Badea, advised NEPI Rockcastle in... more
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Drug Wholesaler Dona.Logistica Expects 20% Turnover Growth in 2024
10.03.2024
Drug wholesaler Dona.Logistica, part of Dona group, expects its turnover to rise by over 20% this year, after having reported RON1.32 billion... more
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eJobs: Remote Jobs Are on the Decline in Romania
10.03.2024
The number of new remote jobs on the market has declined in the past year, after during 2020-2022 period it had soared, reaching as high as over... more
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Law Firm PeliPartners Assisted Alfa Group in Acquisition of IRIDE Business Park from CPI Group
10.03.2024
Law firm PeliPartners assisted Alfa Group in the acquisition of IRIDE Business Park from CPI group. more
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Bonapp.eco Reaches 350,000 Users
10.03.2024
Local startup bonapp.eco, which sells discounted food approaching the expiration date, has in three years since launch reached 350,000 users. 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.