Business Forum
| 6 May, 2025 at 1:20 PM
Romanian leu reaches record low against the euro
The Romanian leu (RON) depreciated on Tuesday against the euro, which the National Bank of Romania (BNR) calculated at RON 5.0378.
The Romanian leu (RON) depreciated on Tuesday against the euro, which the National Bank of Romania (BNR) calculated at RON 5.0378.
Cătălin Predoiu has been named Interim PM following the resignation of Marcel Ciolacu. The appointment was approved by Interim President Ilie Bolojan.
Romania's Social Democrat PM Marcel Ciolacu resigned on Monday evening, citing dwindling support for the ruling government coalition following Sunday's first round of presidential elections.
The seasonally adjusted unemployment rate was 5.5% in March 2025, a decrease of 0.1 percentage points compared to the previous year, according to data published by the National Institute of Statistics (INS).
The Romanian currency leu has depreciated on Monday against major currencies, following the first round of presidential elections in Romania.
George Simion, the President of the Alliance for the Union of Romanians (AUR), and independent candidate Nicușor Dan, Mayor of Bucharest, have emerged as winners
Close to 12,000 Romanians that are abroad had already voted by Friday morning in the first round of presidential elections.
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
The Macroeconomic Confidence Index, compiled by the CFA Romania Association, has shown a modest increase in March 2025, rising by 7.3 points to 43.9 points.
The World Bank projects that economic growth in the Europe and Central Asia region will decelerate in the coming years, while Romania will stay on a growth path.
The IMF has lowered its growth projections for the Romanian economy this year, according to its latest World Economic Outlook report published on Tuesday.
Romania recorded the highest government deficit among EU member states in 2024, standing at -9.3% of GDP.
A new study reveals that Romanian entrepreneurs are navigating a delicate balance between optimism and concern as they face an increasingly unstable global economy.
The number of high-net-worth individuals (HNWIs) globally has seen a significant rise, according to Knight Frank's latest Wealth Report.
Romania's annual inflation rate fell to 4.86% in March 2025, down from 5.02% in February, according to data released on Friday by the National Institute of Statistics (INS).
The Bucharest Stock Exchange (BVB) indices were showing a significant upward trend in the first few hours of trading on Thursday compared to the previous day's close.
Romanians are preparing to spend an average of RON 800 (€160) on food and preparations for Easter, reveals a recent study by Raiffeisen Bank, in collaboration with Appinio.
The National Bank of Romania (BNR) decided on Monday to maintain the key interest rate at 6.5%, while warning that the inflation rate could pick up in Q2 2025 and the labor market remain unfazed.
The Romanian mergers and acquisitions (M&A) market saw 57 transactions in Q1 2025, an 8% rise compared to the same period last year.
Every index of the Bucharest Stock Exchange recorded a decline at the beginning of the trading day on Monday.
Eurostat data shows that 18 member states recorded surpluses, eight recorded deficits and one member state had its current account in balance in Q4 2024.
Romania's exports to the United States in 2024 exceeded €2.28 billion, while imports from the US reached €1.31 billion, resulting in a trade surplus of €968 million.
As US President Donald Trump has announced a 20% tariff on products imported from the EU, Romanian PM Marcel Ciolacu said the government will launch support schemes.
Romania's informal economy represents about one eighth of its GDP, according to an EY report.
Romania's consolidated general budget execution closed the first seven months of 2025 with a nominal deficit of RON 76.44 billion (€15.34 billion), an increase of RON 5.4 billion.
Romanian electricity major Electrica Group has announced a substantial increase in its financial performance for H1 2025, with a net profit reaching RON 421.4 million.
Germany-based energy company E.ON has issued €1.1 billion in green bonds through a public transaction.
Romanian private healthcare operator MedLife has reported a pro-forma consolidated turnover of RON 1.57 billion (€316 million) in H1 2025, a 20.3% increase compared to the same period in 2024.
Sphera Franchise Group, the largest food service group in Romania, announced consolidated sales of RON 745.2 million (€150.3 million) for H1 2025, marking a slight increase of 0.7%.