European Commission Slashes 2024 Economic Growth Forecast For Romania From 3.3% To 1.4%
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The European Commission has slashed its real GDP growth forecast for Romania to 1.4% in 2024 from the 3.3% estimated in the spring, the EC said on Friday (November 15).
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Transgaz Reports RON176M Net Profit For H1/2024, Up 150% YoY 08.16.2024
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Pentalog Romania Merged With Pentalog HR Romania On June 30 08.16.2024
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Electromagnetica Ends H1/2024 With RON9M Net Loss 08.16.2024
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New Record For Romanian Car Market: Ford And Dacia To Produce For First Time More Than 600,000 Vehicles In 2024 08.16.2024
Romania’s two carmakers, Automobile Dacia and Ford Otosan, are set to produce together more than 600,000 vehicles in 2024, considering they are... more
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Prefab's Revenue Down 30% YoY To RON44M In H1/2024 08.16.2024
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PartnerVet Acquires Sky Vet Clinic In Sibiu 08.16.2024
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Romanian Executive Cornel Caramizaru Takes The Helm Of FrieslandCampina Operations In Four Western European Countries 08.16.2024
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SmartDreamers Reports RON12.7M Turnover For 2023, Up 5% YoY 08.16.2024
The company SmartDreamers, which developed a recruitment marketing software solution, reported a turnover of RON12.7 million (EUR2.5 million) for... more
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European Commission Approves Romania’s EUR99.5M State Aid For New Nokian Tyres Plant In Oradea 08.14.2024
The European Commission has approved, in line with the EU regulations on state aid, the EUR99.5 million state aid for Nokian Tyres in Romania. more
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Briza Marii, Eforie Nord: 2024 Season Similar To 2023’s 08.14.2024
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Rompetrol Well Services Sees RON4.1M Net Profit, RON36.7M Revenue In H1 2024 08.14.2024
Rompetrol Well Services S.A. (PTR.RO), one of the most important wellbore special services companies in Romania, announced it made RON4.13 million... more
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Evergent Investments Ends H1 With RON250M Net Profit, Three Times More Than Budgeted For Full Year 08.14.2024
Alternative investment fund Evergent Investments (EVER.RO) recorded a net profit of RON250 million in the first half of 2024, 2.6 times higher than... more
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Rompetrol Rafinare Posts $2.1B Revenue In H1, Doubles Losses To $75M 08.14.2024
Rompetrol Rafinare (RRC.RO), the operator of the Petromidia refinery, posted $2.1 billion revenue in the first half of 2024, down from the $2.7... more
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Romania’s First Regional Investment Fund For Business Acceleration Kicks Off Manager Selection Process 08.14.2024
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Bucur Obor Posts RON7.7M Net Profit, RON18.2M Revenue In H1 2024 08.14.2024
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ING Bank Revises Romania’s 2024 Economic Growth Forecast To 2% From 2.8% 08.14.2024
ING Bank has decided on Wednesday (August 14) to revise its growth forecast for Romania's economy in 2024 to 2% from its previous estimate of 2.8%,... more
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Infinity Capital Investments Net Profit Up To RON104.7M In H1 2024 08.14.2024
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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.