06.28.2021

Romania's general consolidated budget posted a deficit of RON26.18 billion in January-May, or 2.29% of the gross domestic product, lower compared with RON38.84 billion, or 3.68% of GDP, in the same more

06.02.2021

Prime Minister Florin Citu said Wednesday that Romania’s consolidated budget deficit returning below the European Union’s 3% ceiling in 2024 was accepted as principal strategy by the European more

05.28.2021

Romania’s finance ministry has launched a new state aid scheme for investments of over RON500 million, aiming to attract 15 large-scale projects. The maximum budget of the state aid scheme is more

05.27.2021

Romania's general consolidated budget posted a deficit of RON20.7 billion in January-April, or 1.81% of the gross domestic product, lower compared with RON26.8 billion, or 2.54% of GDP, in the same more

05.25.2021

La Fantana, one of the leading local suppliers of bottled water for water coolers to companies seeks to expand the production capacity of the plant in Talmaciu, Sibiu County. more

05.07.2021

Romanian state-owned natural gas producer Romgaz (SNG.RO) said in a stock market report Friday that its shareholders approved on May 7, 2021 the company’s individual and consolidated budget of more

04.28.2021

Shareholders of Banca Transilvania (TLV.RO), the biggest lender in Romania by assets, approved Wednesday a share capital hike of RON573.7 million from the lender's 2020 net profit and granting one more

04.27.2021

Romania's general consolidated budget posted a deficit of RON14.6 billion in the first quarter of 2021, or 1.28% of the gross domestic product, lower compared with RON18 billion, or 1.7% of GDP, in more

04.16.2021

Romania's state-owned railway fright company CFR Marfa plans to cut staff numbers by 1,400 this year from over 5,300 at the end of 2019. more

04.15.2021

Antibiotice Iasi (ATB.RO), the largest Romanian-held pharmaceutical producer, has budgeted RON366.5 million revenue for 2021, an increase of 7.5% on 2020, as shown in its spending and revenue budget. more

04.12.2021

Germany’s Kaufland group, the leader of the local retail by sales in 2019, according to the latest publicly available data, has a more than EUR375 million investment budget for this year, 25% higher more

03.31.2021

The World Bank expects Romania's economy to grow 4.3% in 2021 and 4.1% in 2022, after contracting 3.9% 2020, while the inflation is expected to grow to 3%, compared with 2.6% in 2020, per a report on more

03.30.2021

Romania's general consolidated budget posted a deficit of RON12.76 billion in January-February 2021, or 1.14% of the gross domestic product (GDP), finance ministry data showed Tuesday. more

03.19.2021

Romania's government on Friday decided to allot RON1.5 billion for this year's state-guaranteed mortgage lending program, which allows homebuyers to buy homes of up to EUR140,000. more

03.03.2021

Romania's general consolidated budget posted a deficit of RON3.69 billion in January, or 0.33% of the gross domestic product, finance ministry data showed Wednesday. more

03.02.2021

Romanian lawmakers on Tuesday approved the country's 2021 state budget in the form proposed by the government, meaning a cash deficit target of 7.16% of the gross domestic product and frozen wages in more

03.01.2021

Shareholders of real estate developer Practic Bucuresti (PRBU.RO), held by Radu Dimofte, have approved the company’s income and expense budget for 2021 and envisages a turnover of RON35.4 million more

02.18.2021

The American Chamber of Commerce in Romania (AmCham Romania) welcomes the fact that the 2021 state budget provides a reduction of direct expenditures and an increase in investments. more

02.12.2021

Romania's 2021 state budget bill targets a budget gap of around RON80 billion, around 7% of the country's gross domestic product, down from a deficit of 9.8% in 2020, based on a GDP growth projection more

02.10.2021

Prime Minister Florin Citu said Wednesday that Romania’s economic growth is estimated at 4.3% and investments are expected to grow up to RON61 billion, per the 2021 state budget draft put up for more

02.08.2021

Romania's government targets a budget gap of 7%-7.1% of the gross domestic product in 2021, prime minister Florin Citu said Monday, adding the budget bill would be published in the upcoming days. more

02.02.2021

Private equity firm Morphosis Capital hopes to close two or three new deals in 2021, having allocated the same budget as last year, EUR10 million to EUR20 million. more

01.28.2021

Romania's general consolidated budget posted a deficit of RON101.92 billion in 2020, or 9.79% of the gross domestic product, finance ministry data showed. more

01.06.2021

The European Commission seeks to discuss Romania's 2021 budget plan as the fiscal situation in Romania continued to deteriorate substantially in 2020, it said in a letter addressed to newly appointed more

01.06.2021

Romania's 2021 state budget bill will reach Parliament on February 4, prime minister Florin Citu said Wednesday. more