Romania Feed

Romania's Finance Ministry raised RON505 million from banks on Thursday (March 13), selling government paper, at annual average yield of 7.39%.

Lantmännen Unibake Romania, one of the largest bakery companies in the local market, has launched the NaturaA brand across the local Carrefour store network.

Romania's industrial production decreased by 2.5% in January 2025, in unadjusted data, compared to January 2024, and grew 2.1% when adjusted for the number of working days and seasonality, data from the country's statistical office INS showed on Thursday (March 13).

Romania's annual inflation rate stood at 5.02% in February 2025, slightly higher than the 5% rate recorded in January 2025, data from the country's statistical office INS showed on Thursday (March 13).

Real estate developer Bellemonde Development will add another 80 new housing units to the housing project of the same name of Pipera, Bucharest.

The board of directors of BRD SocGen, the fourth largest bank in Romania by assets, has convened the general meeting of shareholders on April 24, a date when they will vote, among other things, on the distribution of dividends in the amount of RON737.4 million, representing 50% of last year’s net profit of RON1.47 billion.

Romanian drug manufacturer Antibiotice Iasi has proposed the distribution of RON13.8 million worth of dividends from the 2024 net profit reported on the basis of annual audited financial statements, namely RON102.2 million.

Home ownership remains a major objective for most Romanians, but the increasingly dwindling affordability in central areas and strict lending conditions led to a decline in home buying intentions in 2025, stated Gabriel Blanita, Director & Advisory Services at Colliers Romania.

The European Investment Bank (EIB) has committed up to EUR30 million for wind energy project in Constanta county, Pestera II, with a total value of EUR500 million.

Insurance companies in Romania that are part of Vienna Insurance Group (VIG), i.e., Omniasig, Asirom and BCR Asigurari de Viata, saw gross written premiums of more than EUR900 million at the end of 2024, an increase of 25% on 2023.

Andrei Stamatian, CEO of Republic of Moldova’s EnergBank, has received approval from Romania’s central bank to become a member of the Board of Directors of Libra Bank, replacing entrepreneur Siminel Andrei, who retired in the fall of 2024, Libra Bank said in a report to the Bucharest Stock Exchange on Wednesday.

Marți, 11 martie 2025, a avut loc Rugăciunea Ecumenică a Femeilor, organizată în Biserica Reformată din Beiuș de către părintele Csiszér Norbert. Din partea Bisericii Greco-Catolice au participat membri ai Reuniunii Mariane și ai Consiliului Parohial. În cadrul slujbei ecumenice, două credincioase au recitat Psalmul 139 în limbile maghiară și română, acesta conținând și [...]

OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a press statement on March 12 the closing of the farm-down transaction between its subsidiary OMV Offshore Bulgaria and NewMed Energy Balkan, a subsidiary of NewMed Energy.

For the first time in its history, this year Randstad Romania Workmonitor research reveals that job security and work-life balance are deemed more important than pay (88% and 86% vs 84%) for Romanian employees, slightly above the global average.

Nestlé is launching in Romania the new range of KitKat chocolate bars that are available in three variants - KitKat Double Chocolate, KitKat Salted Caramel and KitKat Hazelnut.

Distribution company Delgaz Grid, part of the E.ON group in Romania, continues in 2025 the smart metering program, with an investment of nearly RON372 million (EUR75 million) aimed at installing 487,000 smart meters across six counties in Moldova.

The average cost of fitting out Bucharest office spaces rose by 12% in 2024 against 2023, going beyond EUR1,000/sqm, in line with regional evolutions, where most capital cities posted 8-15% higher prices, in line with data provided by real estate consultancy Cushman & Wakefield Echinox on the basis of Fit-Out Cost Guide 2025 report.

Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) promotes 11 lawyers and 1 tax consultant in 2025, bolstering five key practice areas within the firm.

Net investment in Romania's economy decreased by 4.9% in 2024 against 2023, to RON193.79 billion (EUR38.936 billion), the country's statistical office INS announced on Wednesday (March 12), citing provisional data.

The number of housing units completed in Romania in 2024 fell by 15% compared to 2023 to a total of 60,787 units, data from the country’s statistical office INS showed on Wednesday (March 12).