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 of working days and seasonality, data from more

12.16.2024

Romanian corporate non-executive boards in Romania are falling behind global standards, with only 14% of board members believing that significant international experience is important, a stark more

12.11.2024

Net investment in Romania's economy increased by 2.6% on the year in the first nine months of 2024, to RON130.953 billion, the country's statistics office INS has announced on Wednesday (Dec. 11), more

12.09.2024

The share of households in Romania that had access to internet at home reached 88.6% of the total in 2024, up 2.9 percentage points compared to 2023, in line with data released by the country's more

12.04.2024

tbi bank, one of the leading challenger banks in Southeast Europe, has announced the appointment of Costin Mincovici, the bank’s Chief Credit Risk Officer, to the bank's Management Board. more

11.29.2024

Romanian authorities issued 3,165 residential building permits in October 2024, 9.3% fewer than in September 2024 and 5.4% more than in October 2023, data from the country’s statistics board INS more

11.22.2024

Over half of the total number of active enterprises (52%) in Romania operated in the sector of market services in 2023 and reported the highest number of employees, accounting for 39% of the total, as more

11.14.2024

Romania's economy increased by 1.1%, in unadjusted data, in the third quarter of 2024 compared to the same period of 2023, but remained unchanged in real terms versus the second quarter of 2024, flash more

11.07.2024

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.4% in unadjusted data and by 7.7% when adjusted for seasonality and number of working days, in more

11.04.2024

New registrations of road vehicles for passenger transport increased by 4.7% in the third quarter of 2024 compared to the third quarter of 2023, data from the country’s statistics institute INS show more

10.11.2024

Romania's central bank has a new Board of Directors, for a five-year term, led by Chairman and Governor Mugur Isarescu, starting October 11, 2024. more

09.30.2024

Rompetrol Well Services (stock symbol: PTR), one of the leading wellbore special services companies in Romania, announced on Sept 30 the decision of the company's Board of Directors to appoint Pavel more

09.20.2024

The board of directors of state-run Romgaz (SNG.RO), the largest natural gas producer in Romania, on September 19 approved, based on the decision of shareholders, the establishment of the Euro Medium more

09.13.2024

Romania’s industrial production inched up 0.2% in unadjusted data in July 2024 versus July 2023 but fell 3.9% when adjusted for seasonality and the number of working days, data from the country’s more

09.03.2024

Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.6% in July 2024 compared to July 2023, data from Romania’s National Statistics Institute INS more

08.05.2024

New registrations of road vehicles for passenger transport increased by 17.3% in the second quarter of 2024 compared to the second quarter of 2023, data from the country’s statistics institute INS more

08.01.2024

Chemicals producer and supplier Chimcomplex Borzesti (stock symbol: CRC.RO) announced in a stock market report on August 1 the new structure of its Board of Directors, which was elected at the more

06.13.2024

Romania’s industrial production increased by 12.1% in unadjusted data in April 2024 versus April 2023 and by 3.6% when adjusted for seasonality and the number of working days, data from the more

06.06.2024

Drugmaker Zentiva Bucuresti (BSE:SCD) has appointed Hacho Agop Hatchikian as temporary member in the company's Board of Directors, effective June 6, Zentiva said in a press statement published on the more

06.04.2024

Romania's hourly labor costs adjusted to the number of working days increased by 16.45% in the first quarter of 2024 compared to the first quarter of 2023, data from the country's statistics board INS more

05.22.2024

The total value of exports of raw and processed tobacco products, such as cigarettes and tobacco consumables for heating products, reached EUR1.68 billion in 2023, higher by EUR200 million compared to more

05.07.2024

New registrations of road vehicles for passenger transport increased by 4.5% in the first quarter of 2024 compared to the first quarter of 2023, data from the country’s statistics institute INS show more

04.01.2024

Raiffeisen Bank, one of the largest banks in Romania, on Monday evening announced Romania’s central bank had approved the proposal voted by the Raiffeisen shareholders for the new Supervisory Board more

03.12.2024

Net investments in Romania’s economy totaled RON189.3 billion in 2023, up 16.6% year-over-year, data from the country’s statistics board INS showed on Tuesday (March 12). more

03.08.2024

Romania's gross domestic product (GDP) estimated for 2023 amounted to RON1,598 billion current prices, increasing in real terms by 2.1% compared to 2022, provisional (1) estimates from the country's more