Latest news

Wednesday, 15 January, 2025

13:12
Romania's commercial property investments up 47% in 2024
Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners. 
10:27
Land deals in Romania reach €450 million in 2024
The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania. 

Tuesday, 14 January, 2025

14:54
Resi sales up by 7.6% in the Bucharest-Ilfov region in 2024
Sales of houses and apartments increased by 7.6% in Bucharest and Ilfov region, in 2024, compared to 2023, according to an analysis by SVN Romania. During the same period, national sales increased by 6.6%. 
12:09
Home sales increased by 6.6% at a national level
The highest annual increase in home sales among the five largest regional residential markets in Romania was recorded in Iasi, with an increase of 38.1%.
11:45
Dino Parc Rasnov receives Tripadvisor Travelers' Choice Award
The award is based on feedback from any community member who visited and posted a genuine review on Tripadvisor within the previous 12 months.
11:33
Floria opens new franchise flower shop in Bucharest Mall, a €70,000 investment
With this new location, Floria strengthens its position in the florists market, targeting a segment of customers who value attention to detail and personalized services.
11:28
Year starts with promotions and professional recognition at PeliPartners
The new managing associates are: Denisa Frîncu and Delia Lepădatu.
11:20
Wolt completes acquisition of Romanian local commerce platform Tazz
Tazz operates in over 35 cities and has become one of the most important platforms, offering a strong selection of restaurants, supermarkets, retailers, and local merchants.
09:21
Annual inflation up to 5.14% in December 2024
The consumer price index in December 2024 compared to November 2024 was up by 0.29%.

Monday, 13 January, 2025

13:23
New age of AI to bring unprecedented autonomy to business
Twenty-fifth annual edition explores future as AI-powered autonomy takes shape and ripples across all dimensions of how enterprises reinvent technology development.
12:11
Tech industry looks to turn AI into reality in 2025
AI is now largely accepted as key to future success in virtually every industry, and it is time for technology companies to translate the potential of AI into performance.
11:12
iO Partners expands to Austria throughfranchise ggreement
As part of this partnership, OPTIN's brand identity will also evolve to reflect this collaboration and will be known as OPTIN iO moving forward.
11:07
Griffes closes 2024 as market leader
Griffes' activity outside Bucharest accounted for 25% of its total transaction volume, with Cluj-Napoca leading the way.

Friday, 10 January, 2025

12:11
APIA: European Commission has officially reimbursed €1.12 billion to Romania
This amount represents the countervalue of the funds used from the state budget by APIA, in the period October 16–November 30, 2024.
12:03
Banca Transilvania integrates artificial intelligence into BT Pay
BT is the first banking institution to integrate artificial intelligence into customer communication, services and processes.
11:43
Investors, cautious at the beginning of 2025
Investors are anxiously eyeing the tariff-related decisions Donald Trump may make once he reaches the Oval Office in the White House.
11:24
New data published by NSI show GDP stagnant in Q3 compared to Q2 2024
On the seasonally adjusted series, the estimated GDP for the third quarter of 2024 was RON 446.176 billion at current prices.

Thursday, 9 January, 2025

12:54
€3 million investments take Sarom Packaging to new European markets
Danube Wine Collection is Sarom Packaging's premium reply to the industry standardization trend.
12:15
SGS expands sustainability expertise with acquisition of Aster Global
Aster Global broadens the GHG services available to clients in North America and globally with key accreditations and capabilities in this sector.
12:11
SevenX Ventures increases stake in Holde Agri Invest
Over the long term, the company plans to resume its expansion and development strategies, with the goal of expanding its operational area from 16,300 hectares to 36,000 hectares.
09:41
Mortage rates in Romania remain among lowest in EU
Romania remains one of the countries with the lowest mortgage penetration rates in the European Union, according to a Colliers' analysis.  
08:49
IWG opens new coworking space in Bucharest
IWG is opening a new coworking location under the Spaces brand in Bucharest-based Vastint Business Garden building that will focus on hybrid work demand.

Wednesday, 8 January, 2025

12:41
3M ROBOR index fell on Wednesday to 5.91% per annum
The six-month index, used to calculate interest rates on variable-rate lei mortgage loans, stagnated at 5.97% per annum.
10:45
NSI: Unemployment rate down slightly in November 2024 compared to October
By gender, the unemployment rate for males exceeded that for females by 0.5 percentage points (the values were 5.5% for males and 5% for females).
10:34
Enterprise Investors and EBRD partners with eTravel
The investment marks a strategic partnership between Enterprise Investors and eTravel founder and CEO Andrzej Wierzba.
10:28
Rising global yields, to worsen Romania's fiscal situation in 2025
The biggest risk for Romania in 2025 is not Trump tariff's policy, the German recession or the Ukraine war, but the continued deterioration of the fiscal situation.

Tuesday, 7 January, 2025

11:46
Global Cooperation at a crossroads: possibility amid rising geopolitical uncertainty
The Global Cooperation Barometer indicates that international cooperation has “flatlined”, but positive momentum in climate finance, health and innovation offers hope.
11:33
Romania targets 2,500 MW of new power in energy system in 2025
Romania continues the implementation of major projects, such as gas exploitation in Neptun Deep and Caragele, and the development of the Romanian civil nuclear program.
11:24
Car market will pick-up sales in 2025, but faces new challenges
Both new and used car markets have been hit hard by inflation and rising interest rates. Many drivers have opted for cheaper cars or postponed their purchases for better times.
08:21
Ahold Delhaize completes Profi acquisition in Romania
Ahold Delhaize has completed the acquisition of Romanian food retailer Profi Rom Food SRL (Profi) from MidEuropa for approximately €1.3 billion, the Belgian retailer announced in a press release. 

Monday, 6 January, 2025

12:17
Green loans to non-financial companies up 93% year-on-year in September
For households, green loans amounted to around RON 10 billion in September 2024, +50% compared to September 2023, and accounted for 5.7% of the bank loan portfolio to this segment.
12:10
Samsung Electronics presents Vision AI at First Look 2025
Samsung brings Samsung Vision AI to its largest-ever product portfolio - including Neo QLED, OLED, QLED and The Frame - redefining user interaction.
12:04
Ahold Delhaize completes Profi acquisition, a €1.3 billion transaction
Ahold Delhaize currently operates almost 1,000 stores in Romania under the Mega Image brand.

Friday, 3 January, 2025

09:06
Government debt increased in October to RON 931.18 billion, 54% of GDP
The bulk of this debt, RON 780.243 billion, was government securities. Borrowing amounted to RON 131.258 billion.
09:02
Romania's crude oil production fell by 3.9% in first 10 months of 2024
Imports of crude oil totaled 6.665 million toe during the period, 313,200 toe more than in January-November 2023 (+4.9%).
08:52
Budget deficit at 7.12% of GDP after 11 months this year
Total revenues amounted to RON 523.9 billion in the first 11 months of 2024, up 12.7%, while expenditures of the consolidated general budget totaled RON 649.6 billion, up 20.6%.
08:42
Removal of energy price cap, most important move in energy sector in 2025
The president of the AEI believes that although crude oil prices in 2025 may remain at the price level of this period, the pump price will increase as a result of tax increase.

Monday, 30 December, 2024

11:34
NSI: Managers expect prices to rise in all sectors until February
In the December 2024 business cycle survey, managers in the manufacturing industry forecast a moderate decrease in the volume of production for the next three months.
11:11
ANIS: New tax measures hit stability of IT sector and create a crisis of confidence
Bringing forward the timetable for elimination of tax facilities for the IT industry, starting January 2025, is a deeply negative signal towards a strategic sector of the economy.
10:58
Measures set out in 'train ordinance' will have an impact of over RON 133 billion in 2025
As of April 2020, Romania has been in the excessive deficit procedure (EDP), as a result of exceeding, in 2019, the 3% budget deficit limit set in the Stability and Growth Pact (SGP).
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