08.24.2018

The smartphone market growth rate was higher than expected in the first half, over 40% by value, driven by the rising appetite of Romanian consumers for more expensive phones. The number of units more

08.23.2018

Romanian consumers took out 10.8 billion lei (EUR2.32 billion) worth of leu loans in the first half, which is a 12-year high, Romania’s central bank data show. The new loans Romanians took out from more

08.13.2018

Banca Transilvania, the second-largest lender by assets on the Romanian market, posted RON662.7 million (EUR142 million) net profit in the first half, up almost 34% on the year-ago period. more

07.11.2018

Ubisoft Romania, the local subsidiary of the French video games developer and publisher, hired 270 people in the first half to staff all its divisions – development, testing and IT, for a total more

06.19.2018

Romanians have an average net wealth of some EUR20,000, about six times lower than a European living in the eurozone, while debt per person stands at almost EUR1,600, Romania’s central bank more

06.07.2018

Old three-room apartments in Bucharest saw a rise in the average price to more than EUR90,500 in May, going over EUR90,000 for the first time since the summer of 2010, shows the ZF real estate index more

05.16.2018

Romania’s airports served 4.36 million passengers in the first quarter, 8.27% more than in the year ago period, according to a ZF analysis based on the data from Romanian Airports Association. more

05.03.2018

Henri Coanda (Otopeni) Airport, the largest airport in Romania, served 2.76 million passengers in the first quarter, which means the traffic was 6% higher than in the corresponding period of last more

05.03.2018

Old three-room apartments in Bucharest saw a EUR950 or 1.1% increase in average price in April compared with March. more

05.02.2018

Romania’s car production stood at almost 122,000 units in the first quarter, data from the country’s association of carmakers ACAROM and the Automotive Manufacturers and Importers Association more

04.06.2018

With 30% higher salaries than the rest of the country, Bucharest continues to attract new investments and the development of the existing ones, which drove the number of employees to more than 1 more

02.27.2018

Sales of more expensive computers, with a price tag of over $600 rose by 30% to 50% last year, as people bought more computers with more powerful CPUs, ultrathin notebooks and high-end systems for more

02.23.2018

February 25 marks the ninth anniversary of the Bucharest Stock Exchange lows, nine years during which its main index, BET has gone up 340% from 1,887 points to 8,280 points. In comparison, Dow Jones more

02.22.2018

Brasov-based metal roofing manufacturer Bilka ended 2017 with a turnover of RON394 million (EUR86 million), up 45% from RON271 million in 2016. more

01.16.2018

More than 1,400 Vietnamese citizens got permits to take a job in Romania last year. Vietnam therefore becomes the non-EU country with the most work permits granted last year. The number of Vietnamese more

01.15.2018

Banks paid 641.5 million lei (EUR138 million) corporate tax in 2017, double as much as budgeted for last year and as paid in 2016. The banks’ corporate tax in 2017 was the highest in seven years. more

01.15.2018

Wizz Air, the leading airline in Romania by passenger numbers, carried 6.8 million people to and from the country last year, 28% more than in 2016. more

11.29.2017

Demand for homes and leu-denominated mortgage loans has gone up in the last few months of this year and in October banks granted 970 million lei (EUR209 million) loans so the stock of loans reached more

11.10.2017

Henri Coanda (Otopeni) airport, the largest airport in Romania served 9.7 million passengers in the first nine months of the year, 18.8% more than in the year-ago period. more

10.25.2017

Carrefour Romania, the operator of the hypermarkets by the same name and the manager of the convenience store franchise of the French group, doubled its profit in the first half to 16.6 million lei more

10.17.2017

Henri Coanda (Otopeni) International Airport, the largest in Romania, is one step away from matching the Budapest airport by passenger numbers, having closed the gap to about 400,000 last year, ZF has more

10.17.2017

Sales of cellphones in Romania are almost flat this year, but people are spending more on handsets, as the average price including VAT reached 750 lei (EUR164), 25% higher than three years ago. more

09.28.2017

Interbank leu rates rose for the third time in a row on Wednesday, and the three-month ROBOR, which is used to set the interest rates for the loans of most Romanians, reached 1.25%, the highest in two more

09.25.2017

The local bakery industry cannot be competitive with other markets in the region mainly because of the logistics and transportation costs, which led to a rise in imports, especially of frozen bread, more

06.15.2017

Demand for vacations on the Romanian seaside is up 20% and Venus is the southern Black Sea Coast resort in highest demand, following investments in hotel upgrades, says Lucia Morariu, owner of travel more