04.25.2023

Euro area economic growth surprised on the upside, with stagnant GDP in Q4/2022 and likely modest growth in Q1/2023, quelling previous expectations of an imminent recession, as per the EY European more

04.11.2023

The International Monetary Fund (IMF) has revised the real economic growth projection for Romania downwards to 2.4% from the 3.1% estimated in the fall, its latest `World Economic Outlook’ report more

04.06.2023

Investors are more optimistic about the economic environment in Romania despite the fact that the business environment has faced various crises over the past years, according to the spring 2023 more

04.04.2023

Romania has been a strong performer among emerging economies, though periods of economic overheating have caused concern at times, but economic perspectives have deteriorated significantly since the more

02.14.2023

Romania had the second highest economic growth rate in the European Union in the fourth quarter of 2022, 5% compared with the year-earlier period, after Ireland (15.7%) and ahead of Cyprus (4.4%), more

01.27.2023

Retailers are preparing for a possible economic crisis, according to an analysis by Romanian email marketing agency White Image. more

01.17.2023

The vast majority (73%) of Chief Executive Officers (CEOs) expect the global economy to shrink in 2023, according to the PwC CEO Survey. more

01.12.2023

Romania's economy will grow by only 0.5% in 2023, says Wood, the largest brokerage firm in Central and Eastern Europe, in an analysis. However, there may be pleasant surprises, Wood believes. more

01.12.2023

The volume of transactions with commercial real estate assets worth at least EUR5 million totaled around EUR1.25 billion in Romania in 2022, 40% more than in 2021, of which almost EUR600 million more

11.23.2022

Romanian managers' economic confidence decreased in the second half of 2022, nearing the level at the end of 2020, at 44.4, but remains above the level of in the similar period of 2021, according to more

10.24.2022

Romania’s office market is going through a period of multiple challenges, reflecting economic uncertainty and inflationary pressures which discourage companies from expanding. Thus, the market’s more

09.20.2022

The war in Ukraine has changed the dynamics of the Romanian IT industry – from a high demand for programmers and projects that required fast delivery, to a sudden drop in demand, triggering a reset more

08.16.2022

Romania's national strategy and forecast commission has revised upward its 2022 gross domestic product (GDP) growth estimate to 3.5% from 2.9% against the backdrop of improved economic performance in more

07.14.2022

Romania’s economy is expected to grow by 3.9% in 2022 and by 2.9% in 2023, the European Commission said in its summer economic forecast. more

06.06.2022

Most German-held companies in Romania currently have a good financial situation and continue to rate their business expectations as unchanged, but are pessimistic about the local economic development more

05.17.2022

Romanian managers’ confidence in the local economy has reached the highest level of the last two years, despite 76% of them expecting to be affected to a great extent by the war in Ukraine, and 40% more

05.10.2022

Romanians are worried about the future economic situation, therefore, an overwhelming proportion say they intend to save more (68%) and invest in education (22%), as per the latest Future Consumer more

04.19.2022

Most Romanians (77%) fear a possible economic crisis in 2022 and the rising consumer prices represent their biggest fear, in line with a survey conducted by Avangarde. more

03.31.2022

The European Bank for Reconstruction and Development (EBRD) said in an analysis on Thursday that it expects Romania’s economy to grow by 2.8% in 2022, lowering its November forecast that pointed to more

11.29.2021

Managers in Romania expect relative stability of the economic activity and in the manufacturing industry, retail trade and services, alongside a robust growth in prices of construction works and in more

11.22.2021

Almost three quarters of Romanian business executives believe the country’s economy is bound to worsen in the coming period, per the latest Confidex survey carried out by Impetum Group. more

10.20.2021

Nuclearelectrica (SNN.RO), the only nuclear energy producer in Romania, is the first Romanian company to join the World Economic Forum as a member in two strategic areas: Platform for Shaping the more

10.05.2021

The World Bank on Tuesday (October 5) revised upwards its forecast on Romania’s economic growth to 7.3% in 2021, from a previous projection of 6% in June 2021, followed by a 4.8% GDP growth in 2022 more

09.28.2021

Romanian business managers expect moderate growth in the economic activity in retail trade and services, as well as in prices in the processing industry, constructions and trade, in parallel with a more

07.07.2021

The European Commission expects Romania's economy to grow 7.4% this year and 4.9% in 2022, following better than expected first quarter performance. more