Prima Development Group, the main real estate developer in Oradea and one of the most active in Romania, is starting work on the second phase of the nZEB compliant Prima Astera residential complex in western Bucharest.
Romania’s general consolidated budget posted a deficit of RON102.47 billion in January-September 2025, or 5.39% of the gross domestic product (GDP), compared with a deficit of 5.47% of the GDP in January-September 2024, Finance Ministry data show.
The packaging return rate topped 90% in September for the second consecutive month for all the three types of materials, in line with data released by RetuRO, the the administrator of the Deposit Return System in Romania.
Car parts manufacturer Compa Sibiu announced it signed a significant contract in the defense industry.
The macroeconomic confidence index of CFA Romania Association inched up, by 0.3%, in September, as its two components had divergent evolutions.
Romania software and IT services industry continued its growth tendency in 2024 as well, crossing the EUR17.7 billion turnover threshold, a RON2.1 billion advance against 2023.
French group Hermès has made its first official move after having opened a company in Romania in September 2024.
Nuclearelectrica, a leading power producer in Romania, is entering one of the most intense investment period in its history, with a budget of RON8 billion for 2025 and 2026.
Quietly, Romanian company are starting to look at the Hungarian market and even expand concretely by taking over projects or directly acquiring Hungarian companies or production units.