Romania's economy edged 0.2% higher in unadjusted data and 0.5% higher in seasonally adjusted data in the first quarter (Q1) of 2025 compared to the same quarter of 2024, flash estimates from the country's statistical office INS showed on Thursday (May 15).
ROCA Industry, Romania’s first industrial holding, specializing in building materials, owned by ROCA Investments, registered a RON6.2 million loss in the first three months of this year, from a loss of around RON300,000 in the same period of 2024.
Romanian state-owned natural gas producer and supplier Romgaz in the first quarter of 2025 generated RON951 million net profit, down 24.6% from the year-earlier period and up 2% from Q4/2024.
Office space demand slowed down in the first quarter of 2025 in CEE, a trend also visible in Bucharest, where companies leased 51,300 square meters in the first three months, down 44% from the year-earlier period, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.
Pharma producer Biofarm in the first quarter of 2025 registered sales revenues of RON95 million, up 33%, and RON32 million net profit, 57% above the Q1/2024 level.
Private healthcare provider MedLife in the first quarter of 2025 posted consolidated pro forma turnover worth RON779 million, 20% higher than the year-earlier level. Profit dropped by 19% to RON10 million.