Business Forum
| 11 April, 2025 at 2:00 PM
Global number of wealthy individuals grows in 2024
The number of high-net-worth individuals (HNWIs) globally has seen a significant rise, according to Knight Frank's latest Wealth Report.
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 unemployment rate at the end of February 2025 was 3.37%, a decrease of 0.01 percentage points compared to the previous month.
The US government is currently reviewing Romania's recent inclusion in the Visa Waiver Program (VWP) to ensure it meets the program's strict security requirements.
The number of fund investors is approaching the one million mark, a level which will most likely be reached in April.
Productivity in Romania has increased from 26% in 2008 to 44% in 2024, with women making a notable contribution, according to an analysis of Alpha Bank.
FDI into Romania saw a decline in January 2025, totalling €543 million, down from €1,148 million in the same month last year.
Moody's Ratings has revised its outlook on Romania's rating from stable to negative due to growing concerns about the nation's fiscal strength in the coming years.
The average shopping cart value for fast-moving consumer goods (FMCG) in Romania increased by approximately 9% in 2023 compared to 2022
The 2025 landscape is marked by geopolitical tensions and the upcoming Romanian presidential elections, contributing to a cautious business environment.
The turnover of these companies amounted to 342 billion lei (approximately €70 billion), representing about 13% of the total in 2023.
Atakan Turhan began his career at Swissôtel The Bosphorus in Istanbul in 1992 after graduating from Boğaziçi University's Department of Tourism and Hotel Management.
The launch of the flagship EIB Group Investment Report calls for EU market integration, simplification and investments in innovation, echoing the most recent EC initiatives.
Morphosis Capital Fund II, a growth capital fund focused on developing high-growth SMEs, announces its first investment outside Romania.
The transaction represents a strategic step in AQUILA's regional expansion and was finalized following the fulfillment of all suspensive conditions stipulated in the contract.
INVL Baltic Sea Growth Fund has completed the purchase of Pehart Group, a producer of household and industrial paper products in Romania, from Abris Capital Partners.
E.ON Drive Infrastructure has officially inaugurated Romania's largest EV charging hub, located within the Vivo! Commercial Complex in Pitești.
Steel producer LIBERTY Galați has announced significant changes to its executive management team and board, aiming to consolidate operations and maximize production performance.
Haleon, the consumer health group, has announced the appointment of Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster, effective July.
Societe Generale Global Solution Centre (SG GSC) Romania has announced the appointment of Laurent Mirjol as its new CEO, replacing Philippe Gabulon.