08.01.2024

In 2023, Romanians working abroad sent home EUR6.5 billion, EUR350 million more than in 2022. By comparison, foreign direct investments plunged, from over EUR11 billion in 2022, to just EUR6.6 more

03.08.2024

Romania was among the top beneficiaries of the European Investment Bank (EIB) Group's support in 2023 relative to the size of its economy, considering that new financing committed in 2023 reached a more

02.14.2024

The Romanian stock market started 2024 with new records in terms of the capitalization of listed companies and the level of the main BET index and thus continued the positive dynamics of the previous more

02.09.2024

Romania’s banking system hit a record high profit of RON13.7 billion in 2023, up nearly 34% from 2022, in line with preliminary data from the country's central bank. more

12.09.2023

Bucharest Stock Exchange recorded a new all-time high for its main index, BET, which gained 1.36% and overshot the 15,000-point mark for the first time ever, as all its 20 shares ended the session more

11.22.2023

The significant rise in banks’ revenue along with the rise in interest rates and continued lending helped Romania’s banking system make a record net profit of more than RON10 billion (EUR2 more

11.02.2023

The number of applications for a new job has reached a record high this autumn on BestJobs platform. more

08.14.2023

The accommodation market made a record profit of RON2 billion in 2022, which means a profit margin of 20%, a very high level for an industry where costs are quite high. Few industries manage to reach more

03.28.2023

Caru’ cu Bere restaurant in Bucharest saw record high sales of more than EUR10 million in 2022. more

03.03.2023

The insurance market in Romania could reach an all-time high of more than RON16 billion in 2023, supported by the increase in the value of policies, but also by the growing interest of Romanians in more

12.30.2022

The number of newly established companies went up by 3% in the first 11 months of 2022, to almost 144,000 entities, a result that will turn 2022 into a benchmark year in terms of entrepreneurship, more

01.04.2022

Romanians in 2021 spent around EYR4.5 billion on refrigerators, TV sets, IT products, office staples or vacuum cleaners, with the market further witnessing sustained growth in the second pandemic year more

08.30.2021

Law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided legal assistance to Belgian-held real estate developer Speedwell in refinancing the loan granted by BRD Groupe more

07.22.2021

Preliminary estimates point to Romania’s wheat production reaching a record high of 12 million tons or EUR2.3 billion, with high yields in the west of the country and good harvests in the other more

07.13.2021

Bucharest Stock Exchange closed at a new all time high on July 13, 2021 and overshoot the 12,000-point mark for the first time ever, if looking at its main index, BET, which shows the trend of the 17 more

05.20.2021

Discount grocery retail chains had their best year in Romania in 2020, posting sales of more than EUR3.5 billion with more than 550 stores, 60 of which newly opened, ZF has found. more

02.25.2021

US insurer MassMutual has rented 1,700 square meters of class A office space, occupying the second floor of Record Park building in Cluj-Napoca, developed by Belgium’s Speedwell. more

01.14.2021

The value of ordered placed online in Romania touched a new record high in December 2020, soaring 99% compared with December 2019. more

03.11.2020

The year 2019 was the sixth year of growth of deliveries of new homes in a row in Romania, while in Bucharest it was the ninth, National Statistics Institute data show. more

02.13.2020

New consumer and mortgage loans in lei and euros taken by consumers from banks reached a new peak in 2019, 36.9 billion lei (EUR7.74 billion), RON1.1 billion more than in 2018 and over RON2 billion more

12.27.2019

eMAG, the largest online retailer in Romania, had a record holiday season, with a rise in sales of at least 26% over the previous year in Romania and 30% in all the countries it operates in. more

12.19.2019

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07.15.2019

The year 2018 saw 280 agricultural cooperatives established, a decade high. Farmers say this type of organization makes it easier for them to attract and make investments, buy cheaper raw material more

05.27.2019

Automobile Dacia, the largest company in Romania, posted EUR5.3 billion revenue in 2018, 5% higher than in 2017 and its highest ever. Profit was up 40% to EUR162 million last year, again its highest more

02.13.2019

The lending rebound, the rise in interests and the improvement of portfolio quality helped Romania’s banking system post an outstanding profit last year, more than 7 billion lei (EUR1.5 billion), more