04.09.2024

Romania’s national power transmission company Transelectrica (TEL.RO) has announced in a stock market report on April 9 that it signed with the General Secretariat of the Government the financing more

03.13.2024

Concrete prefab manufacturer Prebet Aiud (PREB.RO) has informed investors in a stock market report on March 12 about the conclusion, as seller, of a contract worth RON49 million with a buyer whose more

02.27.2024

While the average hotel occupancy level across the CEE-6 capitals – including Bucharest, Bratislava, Budapest, Prague, Sofia, and Warsaw – in 2023 lagged 2019 by 9%, the ADR surpassed it by 23%, more

02.26.2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, on Monday (Feb 26) announced the signing of two financing contracts through the National Recovery And Resilience Plan (NRRP) more

11.23.2023

The European Commission has given a positive assessment of Romania’s modified recovery and resilience plan, which includes a REPowerEU chapter. more

09.22.2023

Ursus Breweries, the leader of the local beer market, has invested EUR2 million in an installation that uses energy efficiency technologies to recover heat energy from flue gas at its brewery in more

03.14.2023

Romania’s hotel market boasted an accelerated recovery in 2022 and the tendency is set to continue in 2023 as well. Bucharest registered much more intense tourism activity, which reached more

02.08.2023

2022 was a pretty good year for the Bucharest office market in terms of demand, given the generally difficult economic climate, with demand being comparable to the good times before the pandemic, more

10.05.2022

Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set by the country's Government, according to the World Bank’s more

09.22.2022

Romania is considering getting a loan of approximately EUR4 billion from the European Investment Bank (EIB) and the funds will be used as co-financing for projects carried out under the National more

09.14.2022

Romania’s cinema market has started the recovery from the declines faced during the pandemic but is still far from the figures recorded between 2016 and 2019. more

05.23.2022

Local entrepreneurs operating on the market of private healthcare services have bet on medical recovery centers of hospitals as demand for such services has been on the rise in recent years. more

02.23.2022

Covid-19 was a huge economic shock, but the Romanian economy has shown resilience and its recovery is ongoing, as per the Investment Survey of the European Investment Bank (EIB). more

01.26.2022

The mergers and acquisitions (M&A) activity in Romania rebounded strongly in 2021 against 2020 in terms of deal value, which climbed 32% to $6.2 billion (EUR5.2 billion), and deal numbers that stood more

09.29.2021

AmCham Romania said in a statement that Romania’s National Recovery and Resilience Plan (NPRR), approved by the European Commission and one of the few projects that enjoys cross-party support in more

06.03.2021

The Foreign Investors Council (FIC), which includes over 120 multinational companies, thinks Romania currently has both the potential and the chance to implement key reforms for a strong and more

04.21.2021

The National Recovery And Resilience Plan means 14% of the gross domestic product for Romania and absorbing half of the money allotted through the resilience plan could boost investments in Romania to more

03.26.2021

The hotel market in Romania could start recovering in the second half of 2021, supported by a pick-up in international travel, and the 2021 will bring fresh trends in the hospitality area, real estate more

03.02.2021

The first signs of a rebound in tourism industry will show this year, says Calin Ile, chairman of the hotel industry in Romania FIHR and he expects the sector to recover 25% of last year’s decline. more

01.05.2021

Romania’s economy will grow in 2021 but will not reach the 2019 level. However, not all sectors will feel it, since sectors like hospitality and food service industry and travel will remain more

12.21.2020

Romania's economic recovery will be asymmetrical, as some sectors will grow and others will continue to struggle and over 60% of companies estimate will match their 2019 turnover in 2022, the 2020 more

07.22.2020

Romania will receive EUR79.9 billion from the European Union for economic recovery and infrastructure development, President Klaus Iohannis announced on Tuesday (July 21). more

07.15.2020

The turning point of the pandemic crisis has passed and bankers remain cautiously optimistic about economic recovery, willing to grant loans and take calculated risks. The banking system expects to more

06.05.2020

The economy is slowly recovering after the almost three months of isolation and businesses are resuming operations, adjusting to the new conditions. more

05.18.2020

As the National Statistics Institute released data on Friday indicating a surprising economic growth of 0.3% in the first quarter compared with the fourth quarter of 2019, economists are surprised, more