Private pension funds' total assets reached RON165 billion at the end of the first quarter of 2025, up 18% against the same period of 2024 and up 5.6% versus the end of 2024, in line with data provided by Romania’s Financial Supervisory Authority (ASF).
Romania's Finance Ministry raised RON2.1 billion from banks on Thursday (June 19), selling government paper in two auctions, at annual average yields of 7.33% and 7.51%, respectively.
Artificial intelligence (AI) promises to radically transform the real estate industry, especially operational processes, but it will neither fully replace human relations nor will it significantly reduce the number of employees, as per a survey conducted by Colliers within the 2024 – 2025 CoreNet Summits.
The volume of construction works in Romania fell slightly by 0.5% in unadjusted data and by 2.8% when adjusted for the number of working days and seasonality, in April 2025 compared to April 2024, data from Romania’s statistical office INS showed on Thursday (June 19).
Grampet Group, the largest private railway group and logistics operator in Romania and in Central and Southeastern Europe, controlled by entrepreneur Gruia Stoica, has recently launched the Leon train.
Insurance company SIGNAL IDUNA has got the final greenlight from financial watchdog ASF for the acquisition of the majority stake in Garanta Asigurari, owned by The Ethniki, Hellenic General Insurance Company, Greece’s largest insurer.
Bento, a Romanian tech company listed on the bourse and specializing in software solutions, wants to tap into Western markets, starting with the UK, where it seeks local partners that should sell the technology developed in Romania.
Economic confidence surged in Romania in May, by 11.5 points to 44.9 points, in line with CFA Romania Associations’ Macroeconomic Confidence Index.