December 12, 2024
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TeraPlast Group after the first three quarters of 2024: 32% increase in turnover and rising exports
Editors Posted On October 30, 2024


TeraPlast Group reported a 32% increase in turnover after the first nine months of 2024, reaching RON 681 million compared to RON 517.3 million in the same period of 2023. EBITDA reached a similar level compared to the first three […]


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Raiffeisen Group’s results in Romania for the first 9 months of the year: solid growth across all business segments and 5 times more customers enrolled 100% digitally
Editors Posted On October 30, 2024


Raiffeisen Bank continues to redefine the banking experience in Romania. The results of the first 9 months of the year support personal financial planning performance through Raiffeisen Smart Finance tablet, as well as significant developments in daily banking activities. We […]


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OMV Petrom Group results for January – September and Q3 2024
Editors Posted On October 29, 2024


Christina Verchere, CEO OMV Petrom: “In the first 9 months of the year, market demand for all our products was slightly higher with volatile, declining prices for natural gas and electricity and significantly lower refining margins. The operating result excluding […]


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Economics  / Editor Choice  / Reports  / Top stories
The financial wealth of Romanians is growing above the Eastern European average, reaching 300 billion dollars in 2023
Petre Barac Posted On July 29, 2024


The financial wealth of Romanians will grow at an average rate of approximately 9% over the next five years, one percentage point faster than the average forecast for Eastern Europe and three percentage points above the average expected global growth […]


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România Eficientă Forum 2024: energy efficiency and decarbonisation of buildings. Key changes introduced by the revision of EPBD
Petre Barac Posted On April 30, 2024


The latest review of the Energy Performance of Buildings Directive (EPBD) sets ambitious objectives to reduce global consumption of energy of the European Union buildings and establishes the common framework for the Member States to rely on for the reduction […]


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Economics  / Latest News  / Reports
Moderate optimism is the perception of the business environment in Romania
Editors Posted On April 17, 2024


The main challenge faced by the business environment is represented by legislative ambiguities and uncertainties, according to more than 70% of the respondents of the latest edition, from March 2024, of the survey conducted by the Foreign Investors Council (FIC) […]


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Economics  / Reports  / Top stories
Most business leaders in Romania believe that PNRR will contribute to the local economy’s competitiveness in the next five years
Petre Barac Posted On April 9, 2024


Three quarters of Romanian business leaders (75 percent) believe that the reforms and investments made through the National Recovery and Resilience Plan (PNRR) will contribute to the local economy’s competitiveness in the next five years, while also supporting local businesses’ […]


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Economics  / Editor Choice  / Reports  / Top stories
PwC: More than a third of Romanian CEOs believe their company’s business model needs to be reinvented to survive in the next decade
Petre Barac Posted On March 20, 2024


The percentage of Romanian CEOs who believe their organisations will need to reinvent their business model to survive in the next decade has risen to 37 percent this year, up from 27 percent in the previous edition of the PwC […]


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Colliers: Very good year in 2023 for Romanian tourism
Petre Barac Posted On March 19, 2024


The hotel sector continued to recover in 2023, with sustained growth in leisure tourism. The number of Romanian tourists staying in the country’s hotels reached almost 7 million in 2023, very close to record highs and above the average in […]


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Real estate  / Reports  / Top stories
STC Partners: The housing market lost ground in 2023, but 2024 promises a significant comeback
Petre Barac Posted On March 12, 2024


Despite initial challenges, Romania’s residential real estate market demonstrated resilience throughout 2023, setting the stage for a promising outlook in 2024. The annual market report of residential real estate developer STC Partners shows that the market recorded fluctuations in prices […]


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