Erste Group, which owns BCR in Romania, has revised its economic growth forecast for Romania downwards from 1.8% to 1.3% in 2025, considering the first quarter data, which are below its expectations.
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) grew by 0.4% in unadjusted data and by 3.1% when adjusted for seasonality and number of working days, in April 2025 versus April 2024, data from the country’s statistical office INS showed on Friday (June 6).
Romania's economy edged 0.3% higher in unadjusted data and 0.6% higher in seasonally adjusted data in the first quarter (Q1) of 2025 compared to the first quarter of 2024, provisional (1) estimates from the country's statistical office INS showed on Friday (June 6).
The Bucharest Tribunal decided for alternative investment fund Lion Capital to change its name in the wake of an action filed by the claimant Lion Capital LLP, a legal entity of British nationality, regarding intellectual property rights related to the use of the trade name “Lion Capital”.
Almost 47% of employees would want the four-day workweek and more than half want to come at least 3-4 days at the office, for leisure and social activities helping them be more productive, reveals a survey conducted by real estate developer Genesis Property in April-May 2025 among 1,012 respondents nationwide.
After a difficult 2023, when it verged on insolvency and exited the ranking of Romania 10 largest dairy producers, Brasov-based Prodlacta in 2024 saw its turnover rise.