09.29.2022

International Finance Corporation (IFC), a member of the World Bank Group, ramped up support for Romanian companies with a record investment of $458 million between July 2021 and June 2022 in order to more

09.23.2022

Private lending in Romania grew by 15.9% in August 2022 compared with August 2021 to RON359 billion, as local currency lending increased by 16.8% and foreign currency lending expressed in lei by more

09.12.2022

According to the representatives of PENNY Romania, private labels account for around 30% in the company’s business and their weight is set to grow further in the coming period. more

09.05.2022

Retail turnover, the main barometer for private consumption, in the first seven months of this year went up by 4.8% in gross series, from the same period of last year, amid rising sales of fuel (by more

08.24.2022

Private lending in Romania grew by 16.8% to RON358.1 billion in July 2022 compared with July 2021, as local currency lending increased by 18% and foreign currency lending expressed in lei by 13.9%, more

08.19.2022

Real estate developer Impact Developer & Contractor (IMP.RO) has notified the capital market that it closed a private placement for the subscription of up to 125 million newly issued ordinary shares, more

08.18.2022

Real estate developer Impact Developer & Contractor (IMP.RO), held by businessman Gheorghe Iaciu, on Thursday informed the capital market about the opening of a private placement for the subscription more

08.04.2022

Private labels developed by retailers, ever more present on shelves in recent years, are likely to “steal” sales of EUR1-2 billion from major brands in 2022, as Romanians are ever more more

08.03.2022

Retail turnover, the main barometer for private consumption, in the first six months of this year went up by 5.2% in gross series from the year-earlier period, amid rising sales of car fuel (+9.6%), more

07.28.2022

MOL Romania, one of the biggest players in Romania’s oil sector, says the non-fuel segment plays a key role in its development strategy, with the group recently entering the segment of private 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

07.19.2022

Private consumption increased in the second quarter of 2022 compared with the year-ago period, while investments followed a downward trend, which makes a decisive impact on the decline of the annual more

06.27.2022

Private lending in Romania grew by 16.5% in nominal terms (1.8% in real terms) to RON345.2 billion in May 2022 compared to May 2021, as local currency lending increased by 20% (4.8% in real terms) and more

05.24.2022

Private lending in Romania grew by 15.8% in nominal terms (1.8% in real terms) to RON339 billion in April 2022 compared to April 2021, as local currency lending increased by 19.6% (5.1% in real terms) more

05.04.2022

Retail sales, the most important barometer for private consumption, went up by 5.5% in unadjusted data year-over-year in the first three months of 2022 amid rising sales of car fuel in specialized more

04.27.2022

Private lending in March expanded by 15.7% from the year-earlier period, to RON336.1 billion, after local currency lending increased by 20% and foreign currency lending by 5.6% when expressed in lei, more

04.18.2022

The personal car remains the most used daily travel mode for 40% of Romanians, and 63% believe it will remain the preferred mobility choice in the coming years, according to “Deloitte 2022 Global more

03.25.2022

Targu-Mures-based private hospital Nova Vita, one of the largest private hospitals in Romania, with 170 beds, in 2021 posted EUR6.5 million turnover, 15% higher than in 2020. more

03.24.2022

Private labels at end-2021 came to hold a 15.1% market share of overall consumer goods sales, after a 15% increase against 2020, reveals an analysis by market research firm Nielsen. more

03.23.2022

Private lending grew by 15.8% in nominal terms (6.7% in real terms) to RON330.7 billion in February 2022 compared to February 2021, as local currency lending grew by 20.1% (10.7% in real terms) and more

03.16.2022

Romania will raise contributions to mandatory private pension funds (Pillar II) to reach 4.75% of contributors' gross wage from the current share of 3.75%, starting January 1, 2024, the government more

03.04.2022

Retail turnover, the main barometer for private consumption, in January 2022 posted a 5.3% increase in gross series against the year-earlier period amid rising sales of car fuel in specialized stores more

02.28.2022

Sipex, a wholesaler of materials and finishes for constructions, on Friday, February 25, 2022, wound up the private placements via which it raised from investors RON10.62 million, accounting for more

02.23.2022

Private lending grew by 15.1% in nominal terms (6.3% in real terms) to RON326.46 billion in January 2022 compared to January 2021, as local currency lending grew by 19.5% (10.3% in real terms) and more

02.09.2022

Sipex, a wholesaler of materials and finishes for constructions, plans to raise RON32 million through a private placement aimed at funding the company’s development projects. more