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

01.27.2015

The year 2014 was the best since the start of the economic crisis as regards Romanians’ confidence in the economic and financial perspectives, income was stable and fewer people said their more

01.20.2015

The 500 biggest exporters in the Romanian economy, handling around 75% of total exports worth EUR50 billion in 2014, have just 350,000 employees, namely 8% of total employees in the economy, according more

12.24.2014

The mainly good news brought by the main macroeconomic indices in the second half of 2014 and the easing political tensions rebuilt analysts’ optimism after several months of plummeting confidence, more

12.11.2014

Pwc proposes ten measures, such as capping cash salary payment, granting welfare by prepaid cards and fiscal receipts lottery, which might reduce the share of grey economy in the GDP by up to 9.9 more

11.27.2014

Romania has reached a macroeconomic equilibrium and it meets all the five Maastricht criteria, but the country cannot join the euro-zone in two years, central bank governor Mugur Isarescu said more

11.24.2014

The exit from communism and capitalism have transformed the Eastern Europe and the former communist economies are now catching up with the more developed countries in the West, but in a race where more

11.11.2014

Romania’s economy showed signs of a rebound in September but it remains to be seen whether the progress was enough for it to return to positive territory after having slipped into technical more

10.30.2014

Investor and consumer confidence regarding the outlook of the Romanian economy strengthened in October, recouping the decline in September, while business sentiment in the European Union improved for more