Romania's trade balance posted a deficit of EUR2.7 billion in January 2025, higher by EUR761 million (+38.5%) compared to the level reported in January 2024, data from the country's statistical office INS showed on Wednesday (March 12).
North Bucharest Investments, NBI, has sealed a partnership with real estate developer Primes for the sale of Primes Rahmaninov Collection housing project of northern Bucharest, a total EUR20 million investment due to be completed in the second half of next year.
A new private equity fund, Trinity Investments Management, is making inroads into the CEE financial investor market, exclusively targeting food industry companies in the region. The main markets it eyes are Romania and Poland.
Roofing maker Bilka continues its international expansion strategy, planning to invest over EUR10 million.
Romania car production declined by 14% in the first two months of 2025 against the year-earlier period, to a total of 85,260 units, in line with data provided by the country’s carmakers association ACAROM.
AROBS Transilvania Software, the largest IT player listed on the local capital market, aims to further expand M&A processes, penetrate foreign markets and consolidate products on the markets the company is already active on, says the company’s CEO Voicu Oprean.
Salt Bank, the first 100% digital Romanian bank, has already reached assets of above RON1 billion and expects to go beyond RON3 billion at yearend.