10.07.2016

Economic growth was mainly supported by consumer demand, boosted by higher household income and fiscal measures, according to the minutes of the monetary policy meeting of the National Bank of Romania more

09.25.2016

The state’s involvement in actions meant to develop any kind of infrastructure, either education, transport or sanitary infrastructure, as well as reducing bureaucracy, represent solutions that more

09.23.2016

A company in China will build and equip a hall for the manufacturing of parts for Mercedes cars, an investment of $30 million of German-Romanian company Hib Rolem Trim, which will create 265 jobs. more

08.17.2016

Romanians are more pessimistic about the local economy than Europeans: thus, 78% of the Romanians say that they perceive the national economic situation as “bad”, while only 57% of Europeans share more

07.26.2016

70% of the managers of Austrian companies operating in Romania consider that the local economy will maintain its upward trend in 2016 and 2017, while three in four managers believe their companies more

07.25.2016

Romanian Prime Minister Dacian Ciolos said Monday that the events in the European Union, such as terror attacks and Brexit, can impact the Romanian economy, and the level of incertitude depends on the more

07.20.2016

Romanian Economy Ministry on Wednesday launched the national multiannual program for micro-industrialization, the fourth of the ten programs implemented by the ministry this year. more

06.15.2016

Romania has the highest economic growth in Europe at the moment, 4.3% in the first quarter, but some are raising doubts about its quality, considering it was based on consumer spending (up almost 20% more

06.14.2016

The Romanian economy is straightening alongside progresses in the fight against corruption, but this process takes time, President Klaus Iohannis told Italian investors on Tuesday, at the more

06.07.2016

Romanian economy is on an upward trend which can be compared to that before the financial crisis, according to Bogdan Chiritoiu, head of Romania’s Competition Council, speaker at “The largest more

02.04.2016

The European Commission has made marginal improvements on Romania's economic growth estimates in its winter forecast released Thursday, but warns of risks posed by new legal initiatives and a widening more

01.28.2016

Romania’s economy might grow by more than 5% this year, as a result of the latest economic developments and the continued rise in consumer spending, Andrei Radulescu, senior economist with Banca more

01.04.2016

Consumer spending will increase because of the VAT cut, and the gross domestic product is headed for overheating. Leu loan interest rates will go up towards the end of the year. The exchange rate will more

11.26.2015

Mature markets, with highly-developed electronic payment means, have an underground economy of 8%-10% of the GDP, versus 28% in Romania (nearly EUR30 billion), said Catalin Cretu, regional manager more

10.09.2015

The 3.4% economic growth that the International Monetary Fund estimated for Romania in 2015 is not high enough to really matter, believes Nicolas Maure, managing director of Automobile Dacia, the more

08.31.2015

The revenue of the companies registered in Bucharest taken together has dropped 37% to 433 billion lei (EUR98 billion) the past seven years, so the capital city now accounts for only 37% of the total more

08.26.2015

Companies in the central city of Brasov posted total revenue of 37 billion lei in 2014, or 3% of the economy, turning the city into a regional economic hub, according to ZF analysis based on a survey more

07.27.2015

Romania’s companies posted total revenue up 2% in 2014, with the IT sector registering the highest growth pace of all economic sectors, between 13% and 19%. more

07.07.2015

Romania’s economy grew 1.5% in the first quarter against the previous three-month period, according to revised seasonally-adjusted data from the statistics institute INS released Tuesday. more

06.25.2015

CFA Romania's macroeconomic confidence index reached an all time high of 77.1 in May, 6.4 points higher than in April, driven by the current conditions index (64.5) and the expectations index (83.3), more

06.04.2015

Romanian first-quarter net investments rose 8.5% on the year to 11.93 billion lei (EUR2.69 billion), mainly due to the improvement in construction activity, data from the country’s statistics more

06.01.2015

The Romanian economy is growing faster than the estimates at the beginning of the year, prompting an upward revision of the 2015 figures and of those for the coming years. more

05.27.2015

Romania is in the first stage of a new economic cycle since 2014 and statistics show the country is on a path of solid and sustainable growth, financial analyst Ionel Blanculescu said Wednesday at a more

02.11.2015

The Romanian Economy Ministry wants a "real and quick" capitalization of companies in the defense industry, after last year it decided to write off tax debts worth RON1.1 billion (EUR247.915 million) more

01.27.2015

Companies should focus on brand strengthening, digitalization, proper cash management, cost control and improved performances given the volatile international context that could impact Romania as more