08.25.2022

The volume of trade between Germany and Romania continues its upward trend in the first half of 2022, reaching EUR18.4 billion, 12.3% above the year-ago period, the latest figures from the Federal more

08.24.2022

Euroins Romania, the largest insurer in the country after the bankruptcy of City Insurance, is taking tentative steps in the non-auto liability insurance (RCA) area, posting significant increases in more

08.23.2022

Sales of green cars, i.e., hybrids, BEVs/electrics and PHEVs/plug-in hybrids, in Europe's top ten car markets - Germany, France, Italy, Spain, the UK, Sweden, Norway, the Netherlands, Switzerland and more

08.18.2022

Romanian pharmaceutical manufacturer Antibiotice (ATB.RO) Iasi’s total revenue from sales reached RON248.1 million in the first half of 2022, up 54% on the RON161.4 million in the year-ago period, more

08.17.2022

Romania's gross domestic product (GDP) grew by 2.1% in real terms (in unadjusted data) in the second quarter of 2022 as compared to the first quarter of 2022, the country’s statistics board INS said more

08.16.2022

Aquila (AQ.RO), the leading player in the local market for integrated distribution and logistics services, announces that its own brands Gradena and LaMasa saw a 33% increase in value in the first more

08.12.2022

Solder paste and adhesive materials manufacturer Heraeus Romania, the local subsidiary of Germany’s Heraeus, posted revenue of RON291.1 million (EUR59.2 million) in 2021, up about 28% from the more

08.11.2022

Romanian-held bakery producer Pambac posted more than RON263 million (EUR53.5 million) revenue in 2021, up 22.6% compared with the previous year’s RON214.5 million (EUR44.3 million), according to more

08.05.2022

Adrian Ariciu, CEO of Metro Cash&Carry Romania, says the company counts on growth in 2022 as its clients’ businesses are rising, its share of the distribution market in is on an upward trend and more

08.03.2022

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, on Wednesday, August 3rd, reached 8.05% more

08.02.2022

Nestlé Romania plans to keep in 2022 the growth pace of the first half of the year and thus end the year with an increase of over 10% in sales compared to 2021, according to Silvia Sticlea, Nestlé more

07.27.2022

The three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, went up to 7.71% a year on July 27, 2022, from 7.56% more

07.26.2022

The Lasselsberger Ceramics Romania Group, the manufacturer of Cesarom brand ceramic tiles, formed by the companies Sanex and Lasselsberger, is counting on a 12% increase in business in 2022, after a more

07.25.2022

Private lending in Romania grew by 17.5% to RON352.8 billion in June 2022 compared with June 2021, as local currency lending increased by 19% and foreign currency lending by 13.7%, central bank data more

07.25.2022

The three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, reached 7.51% a year on Monday, July 25, up 15 basis more

07.15.2022

The Romanian capital market was influenced by the shock of the war in Ukraine, but the impact was smaller than the crisis generated by the emergence of the COVID 19 pandemic, and in the long run the 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

07.11.2022

Bergenbier, part of Molson Coors Beverage Company group and one of the leading brewers in Romania, posted RON716 million revenue in 2021, an increase of about 10% on the previous year. more

07.08.2022

Romania's gross domestic product (GDP) grew by 5.1% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the fourth quarter of 2021, the country’s statistics board INS said more

07.07.2022

Romania’s overall media market will reach EUR640 million by yearend, with a 6% advance against 2021, including a 20% increase on the digital media segment, in line with the Media Fact Book annual more

06.30.2022

Investment fund BlackPeak Capital on Thursday announced that it completed the final financing round of Southeast Europe Growth Equity Fund in the amount of EUR126 million, overshooting the initial more

06.28.2022

Banca Transilvania, Romania’s largest lender by assets, has revised upwards the country’s economic growth forecast to 3.8% in 2022, from its previous projection of 3.5%, and versus the 2.9% more

06.28.2022

Carrion Expedition, the Spanish-owned freight transport company based in Cluj-Napoca, posted RON314.3 million (EUR63.9 million) revenue in 2021, down 32.8% from the previous year’s RON467.7 million more

06.27.2022

Grain trader Agropec Dionis ended 2021 with RON282.3 million (EUR57.4 million) revenue, up 62.6% on the RON173.6 million (EUR36 million) of 2020, ZF has calculated from Finance Ministry data. more

06.24.2022

Romania’s insurance market reached a volume of underwritten gross premiums of RON4.66 billion in the first three months of 2022, a record increase of 46% compared with the year-ago period, the more