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Consumer interest in electric vehicles (EVs) continues to decline in the world’s largest markets, in favor of the internal combustion engines (ICE), that are gaining ground in consumer preferences in Germany (53%, up from 49% in 2024), Japan (41%, up from 34% in 2024), India (54%, up from 49%) or China (38%, up from 33%), except in the USA where, however, classical engines hold a high share in consumer options (62% vs. 67% in 2024), according to the Deloitte 2025 Global Automotive Consumer Study.
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) decreased by 2.8%, in nominal terms, in January 2025 compared with December 2024, and by 3.5% compared with January 2024, data from the country's statistics board INS showed on Thursday (March 20).
The volume of construction works in Romania increased by 30.8%, in unadjusted data, and by 34.1% when adjusted for the number of working days and seasonality, in January 2025 compared to January 2024, data from Romania’s statistics office INS showed on Thursday (March 20).
Bucharest office market in 2024 registered the lowest level of deliveries in the past two decades, with a single major project completed, AFI Loft, of around 16,000 square meters, reveals Colliers’ annual report.
Banca Transilvania has retained the third spot in the ranking of the world’s most powerful banking brands and climbed to the 255th position by value, put at $955 million, up 39% from 2024, in line with the Brand Finance Banking 500 2025 report, which includes another two banks of Romania, BCR and BRD.
Romania Finance Ministry attracted over RON1.4bn and EUR168mn (values totaling over RON 2.2bn – EUR 452mn), through the second primary offer for the sale of government bonds for the retail investors (FIDELIS) held this year through Bucharest Stock Exchange’s (BVB) systems.
Romanian company Aliant, an IT solutions integrator and leading provider of Hyper Automation and Managed Print Services, registered a 30% turnover increase in 2024, to EUR15 million.
Healthcare group MedLife has entered the market of the Republic of Moldova by acquiring the majority stake in All Clinic, a company that owns three private, multidisciplinary clinics under contract with the National Health Insurance House of Moldova.
Local natural product chain Vitamix has built a 75-store network in a decade, covering the country’s main localities.
CVC, one of the world’s largest private equity firms, is about to buy private healthcare provider Regina Maria, ZF sources say. This is a powerful signal of Western capital confidence in the Romanian economy.
Builder Dimex-2000 Company, held by entrepreneurs Ioan and Neluta Lucretia Scurtu in Rebrisoara, Bistrita-Nasaud County, posted RON615.4 million (EUR123.7 million), 2.2 times higher than 2023’s over RON273 million (EUR55.2 million), according to ZF’s calculations based on Finance Ministry data.
Spanish-held fashion retailer Mango, one of the best known on the mass-market segment, managed to keep growing last year, despite online platforms like Shein and Temu, which sell products from China, gaining ground among Romanian consumers.
Corinthia Grand Hotel du Boulevard, located in central Bucharest, is set to open its doors starting March 24, 2025.
Romania posted the second-highest annual inflation rate, of 5.2%, among European Union (EU) Member States, in February 2025, with Hungary ranking first, with a 5.7% rate, and Estonia placing third with 5.1%, data from Eurostat, the bloc's statistical office, showed on Wednesday (March 19).
Litera Group will take over Elefant.ro in a deal set to end the insolvency the latter is going through and to mark the relaunch and strengthening of its presence on the online retail market in Romania.
Raiffeisen Bank S.A. (the Bank) has informed investors on March 19 that Moody’s Rating Agency affirmed Baa1 for the long term deposit rating and for the senior unsecured bond rating and Baa2 for senior non-preferred debt.
Sameday is aiming to expand its network fast this year, as well, keeping the annual investment pace of EUR50 million to EUR60 million, as in the last few years, says CEO Lucian Baltaru.
Banca Comerciala Romana (BCR) is launching the first mobile 100% electric bank in form a modular truck that provides access to modern banking services in rural communities and small towns.
Romania was visited by 2.1 million foreign tourists in 2024, 11% more than in 2023, who spent a total of RON6.5 billion (EUR1.3 billion), namely, an average value of RON3,024 per person, according to data from the country's statistical office INS.
City Grill Group, the largest Romanian-owned restaurant group in the hospitality market, has analyzed industry changes and how consumer preferences have evolved in recent years.18957 items