Alexandrion Group, the largest producer of spirits and one of the largest actors on the wine market in Romania, part of the Nawaf Salameh Family Office, has launched Alexandrion 9 Stars, the latest innovation in its portfolio.
Romania's Finance Ministry raised RON778.7 million from banks on Thursday (May 29), selling benchmark bonds, at an annual average yield of 7.5%.
The Bucharest – Ilfov region is expected to attract over a third of all new mortgage loans granted countrywide in 2025 and the Romanian mortgage market is projected to exceed the EUR5 billion threshold, according to a report by Ipotecare.ro and financial consultancy firm SVN Credit Romania.
Global leaders’ confidence in their organizations’ artificial intelligence (AI) initiatives grows strong, according to a Deloitte study, as eight out of ten organizations (78 percent) expect to increase their overall AI spending in the next fiscal year.
Product price is the most important criterion for 2 out of 3 Romanians when choosing an online store, ranking significantly higher than discounts (54%), delivery cost (42%) and delivery time (27%), according to a national survey conducted by courier company Cargus, based on responses from over 1,000 urban residents.
22,000 new jobs have been posted this May by employers, 11% more than in April, but around 10% fewer than in May 2024, in line with data provided by eJobs, the main online recruitment platform in Romania.
Chiajna-based Omnia Plast, controlled by Italian group Sunino Spa, which produces winter sports equipment, toys and other plastic items in three local plants, will also manufacture motorcycle boots under international brand Formaboots, taken over by the company.
The still high interest rates and continued lending brought a RON3.7 billion net profit for the Romanian banking sector made up of 32 banks in the first quarter of 2025, in line with central bank (BNR) data.