01.13.2020

Sales of luxury cars saw their best year in a decade in 2019, as brands added SUVs and new sedans to their portfolios and the economy went through its eighth year of growth in a row. more

01.09.2020

The average prices of the three-room apartment in Bucharest built in the ‘80s rose by 5.3% in 2019, according to real estate consultant SVN Romania. more

12.27.2019

Insurers recorded more than 15.5 million policies at the end of the first nine months of 2019, 3% more than in the year-ago period, Financial Supervisory Authority (ASF) data show. more

12.11.2019

More than 70 cars with a price tag of over EUR200,000 were registered in Romania in the first eleven months of the year, according to the Driver’s License and Vehicle Registration Department more

12.10.2019

The Bucharest Stock Exchange, rated as secondary emerging market by FTSE Russel, is the second top performing capital market in the European Union since the beginning of 2019, as the BET index rose more

12.09.2019

The vacancy rate for modern class A and class B office space in Bucharest reached 9.3% at the end of September 2019, while the office space stock 3.16 million square meters. more

12.04.2019

The Bucharest Stock Exchange is going through its best time since the fall of 2007 despite the concern surrounding the Romanian economy, which shows the good financial results of the listed companies, more

12.03.2019

The average yields of government paper are rising fast and the domestic currency has lost ground to the euro in the past month, while the GDP growth slowed down, the inflation went up and the current more

11.26.2019

Henri Coanda (Otopeni) Airport, the largest airport in Romania, served 11.2 million passengers in the first nine months, 6.8% more than in the year-ago period, Airports Council International (ACI) more

11.21.2019

The ten most valuable companies in Romania’s economy are valued at EUR32.4 billion this year, 21% more than the valuation of the top ten of 2018. The rise in value comes at a time the economy is more

06.13.2019

The seven large home appliances and component plants o Romania saw double-digit growth in revenue in 2018 and hired 1,000 employees, ending the year with 5.6 billion lei (EU1.2 billion) revenue more

04.26.2019

Public sector personnel spending reached 15.7 billion lei (EUR3.3 billion). At the current increase rate, the public sector salaries will reach RON108 billion this year, double the level of four years more

03.21.2019

Romania had a wage bill (total wages plus payroll taxes) of EUR80.3 billion in 2018, up EUR12 billion over 2017 and its highest ever. Its growth in 2018 over 2017 was the highest in Europe, 17%. more

03.12.2019

Four out of five cars Renault-owned Automobile Dacia assembled in its Mioveni plant in the first two months of 2019 were Dusters, as production of the second best-selling SUV on the European market more

03.05.2019

Romania climbed to eighth place among car manufacturing countries in Europe, beating Hungary and Poland, data from the European Automobile Manufacturers' Association (ACEA) show. more

02.11.2019

Banca Transilvania, and BRD, the most traded stocks on the Bucharest Stock Exchange, gained up to 20% last week, as more and more investors expect the tax on bank assets to be dropped. more

02.08.2019

Evolution Prest Systems, the company that runs the online store evoMAG.ro, a top ten computer and electronics retailer on Romania’s e-commerce market, posted 15% growth in revenue to EUR21 million more

12.10.2018

Greek-held toy retailer Jumbo has grown to more than 900 employees in Romania in the first half of 2018, according to publicly available data, as a result of its expansion the past two years. more

12.03.2018

Sales of electric cars (fully electric and plug-in hybrids) went up 150% in the first ten months of 2018 compared with the year-ago period to 740 units, and a market share of 2.7%, according to the more

10.17.2018

The local IT industry is currently employing 110,000 people, and most of them work in IT outsourcing and support centers that multinationals opened in Romania in the last few years. Over the next 14 more

09.26.2018

Sebes, Alba County (central Romania) based freight carrier Oprean of entrepreneur Ioan Oprean posted 74.3 million lei (EUR16.3 million) revenue in 2017, 16% higher than in 2016, ZF has found from more

09.24.2018

Romania’s car production is headed towards 450,000 units in 2018, as sales of Dacia Duster and Ford EcoSport SUVs have been rising because of the higher and higher demand on the European market. more

09.24.2018

OMV Petrom (SNP.RO) shares gained almost 11% last week, which is the highest weekly increase since 2005, most likely because of the amendments to the offshore law more in tune with what oil companies more

09.13.2018

The foreign loans companies got from foreign financial institutions and parent companies increased by about 40% in the past decade, reaching EUR36.7 billion at the end of 2017. Funding from parent more

08.27.2018

The sales of furniture retailer Mobexpert went up 14% in the first half of 2018 over the year-ago period, mostly driven by online sales. more