Romania Unemployment Rate At 5.3% Month-On-Month In November 2024
today, 14:01
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).
-
Socep Shareholders Approve RON55.7M Dividend Payout In Jan. 2025
12.18.2024
The shareholders of port operator Socep Constanta (stock symbol: SOCP) have approved the proposition of Sammarina Imobiliare, which owns 6.3% of... more
-
Nuclearelectrica Concluded RON923M Worth Of Contracts With Energy Distribution Services
12.18.2024
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market in a report on Dec.18, 2024 about the conclusion of a... more
-
OTP Bank Romania Becomes Banca Transilvania On February 28, 2025
12.18.2024
The shareholders of Banca Transilvania (stock symbol: TLV) have approved BT’s merger with OTP Bank Romania within the Extraordinary General... more
-
BCR And Erste Group Bank AG Grant EUR107.23M To Enery For Renewable Energy Projects In Romania
12.18.2024
Banca Comerciala Romana (BCR) and Erste Group Bank AG have provided EUR107.23 million financing to Enery, a key player in the renewable energy... more
-
Garanti BBVA Leasing Borrows EUR10M From EFSE To Support Microenterprises And SMEs In Romania
12.18.2024
Garanti BBVA Leasing, part of Garanti BBVA Group Romania, has entered into a new finance agreement with the European Fund for Southeast Europe... more
-
Poland's LuxVet Group Buys Bucharest's RegalVet Clinic
12.18.2024
Poland's LuxVet Group has taken over the RegalVet clinic in capital city Bucharest, which marks its fifth acquisition on the Romanian veterinary... more
-
PartnerVet Group Integrates Vasi-Vet Clinic Into Its Partner Veterinary Clinic Chain
12.18.2024
PartnerVet Group, controlled by Romanian entrepreneur Ferenc Korponay and the Dragic family, continues its expansion process by integrating the... more
-
Market Pulse 2024: Bucharest Stock Exchange Investors Became More Cautious in 2024, Opting For Stable Stocks Amid Market Volatility
12.18.2024
Cornerstone Communications, a local consulting firm specializing in investor relations and capital markets advisory, together with MIA Marketing, a... more
-
Bulgaria's Invenio Partners And Poland's ACP Buy 60% In Coffee Shop Chain 5 to go
12.18.2024
Bulgaria's investment fund Invenio Partners and Poland's investment fund ACP have acquired 60% in coffee shop chain 5 to go in a transaction worth... more
-
Statistics Board: Romanian Construction Works Down 4.1% YoY In January-October 2024
12.18.2024
The volume of construction works in Romania decreased, in unadjusted data, by 4.1% in January-October 2024 and by 3.3% when adjusted for the number... more
-
SARMIS Capital Announces Acquisition Of Total Technologies
12.18.2024
SARMIS Capital has announced the acquisition of Total Technologies, one of the most prominent Honeywell-technology integrators for industrial... more
-
EY Survey Reveals Crucial AI Literacy Training Needs Among Gen Z Workforce
12.18.2024
By 2030, Gen Z will be a key driver of the Artificial Intelligence (AI) future, comprising 30% of global workforce, but Gen Z's over-confidence in... more
-
Fitch Ratings Revises Romania's Outlook to Negative Amid Political Uncertainty
12.18.2024
Fitch Ratings has revised the Outlook on Romania's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable, and affirmed the... more
-
Cushman & Wakefield Echinox: Romania Real Estate Market Outlooks for 2025 Are More Upbeat
12.18.2024
Investors regard the evolution of their portfolios in the next 12 months with optimism, showing a clear improvement from the previous year, in line... more
-
ATM Ventures Buys 30% in Bucharest Taxi Company
12.18.2024
ATM Ventures, the investment arm of Autonom group owned by brothers Marius and Dan Stefan, has taken over 30% in Bucharest’s Meridian Taxi. more
-
Dan Ostahie Takes Over Brico Dépôt DIY Stores from Kingfisher for EUR70M
12.18.2024
Dan Ostahie, one of the most powerful local entrepreneurs, Altex founder, has acquired the local operations of DIY retailer Brico Dépôt from... more
-
Romania Media Market Seen at EUR778M at End-2024, Up 11% YOY
12.18.2024
Romania media market will end 2024 on a steady growth trend, despite economic and geopolitical challenges, and will reach around EUR778 million, up... more
-
Salt Bank Overshoots 330.000 Clients In Just 8 Months Since Its Launch; Eyes 1 Million Clients In Next 3 Years
12.18.2024
Salt Bank, the first Romanian neobank, fully owned by Banca Transilvania Financial Group, has gone beyond 330,000 clients after the first eight... more
-
Crucea Power Park Among Winners Of 1st Round Of Auction For State Aid Scheme In The Form Of Contracts for Difference
12.17.2024
Electrica (stock symbol: EL), a major player on Romania’s electricity distribution and supply market, said in a stock market report that on Dec.... more
-
Termene.ro Expects Over RON17M Turnover In 2024, Up 27% YoY
12.17.2024
Termene.ro, a platform offering Romanian companies a quick and easy access to all official data - financial, fiscal and legal, estimates t reach a... 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.