Business Forum
| 1 October, 2025 at 1:20 PM
Ramona Jurubiță begins third term as Head of KPMG in Romania and Moldova
KPMG in Romania has announced a series of key leadership appointments, effective from October 2025.
KPMG in Romania has announced a series of key leadership appointments, effective from October 2025.
Foreign direct investment (FDI) in Romania experienced a notable reduction in 2024, according to data compiled by the National Bank of Romania (BNR) and INS.
The European Bank for Reconstruction and Development (EBRD) has approved a new country strategy for Romania, which will guide its investments and policy engagement.
Romania's consolidated budget deficit has widened to 4.54% of GDP after the first eight months of 2025, an increase from the 4.04% reported in July 2025.
Private healthcare chain Memorial Group has expanded its presence in the Romanian market with the opening of Memorial City Gate Clinic, a new unit focused on outpatient care.
Romania's real GDP growth forecast for 2025 has been cut by the European Bank for Reconstruction and Development (EBRD) in a new report.
The Romanian government has set a budget deficit target of 8.4% of GDP for this year, as agreed with representatives from the EC, according to PM Ilie Bolojan.
The IMF projects that Romania's economy will grow by 1% in 2025 and 1.4% in 2026, according to a report released at the end of a mission in the country.
Romania's annual inflation rate rose to 9.9% in August, up from 7.84% in July, driven by growth of prices for non-food goods (10.48%), services (9.85%), and food products (8.92%).
Romania's trade deficit grew by 7.1% in the first seven months of 2025 compared to the same period in 2024, reaching €19.3 billion, which was €1.2 billion higher year-on-year.
Romania's economy has secured the third-highest GDP growth rate in the EU during Q2, according to Eurostat.
Trade between Romania and Germany saw a 1.9% decrease in H1 2025 compared to the same period in 2024, according to the Romanian-German Chamber of Commerce and Industry.
The non-performing loan (NPL) rate in the Romanian banking sector reached 2.81% at the end of June 2025, up from 2.53% in March 2025, also up from the 2.49% rate.
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.
Romania's government has proposed a new fiscal package aimed at reducing the budget deficit, which includes significant changes to profit taxation for multinational companies.
The wholesale trade sector experienced an overall decline in H1 2025 compared to the same period in 2024.
Romania's GDP recorded an increase in Q2 2025, according to flash estimates from the National Institute of Statistics (INS).
Romania's inflation rate is expected to reach a peak of 9.6-9.7% in September, and will likely remain above 9% by the end of the year.
Romania's trade deficit widened to €16.71 billion in H1 2025, an increase of €1.61 billion (+10.7%) compared to the same period in 2024.
The Board of the National Bank of Romania (BNR) decided on Friday to maintain the monetary policy interest rate at 6.50% per year.
Three out of four Romanians traveling abroad this summer have chosen Greece, Bulgaria, Turkey, or Italy as their destination, finds a recent CEC Bank survey.
The Government has announced the death of former Romanian President Ion Iliescu. The former Head of State passed away on August 5 at the "Prof. Dr. Agrippa Ionescu" Clinical Emergency Hospital.
Citi Romania has implemented three GenAI tools for its employees, as part of a significant global investment designed to simplify workflows and streamline daily tasks.
Romania's inflation rate, already among the highest in CEE at 5.8% as of June 2025, is projected to rise sharply, could potentially reach close to 9% in the coming months.
Oil major OMV Petrom closed 2025 with a net profit of approximately €620 million, down 27% compared to the previous year.
HempFlax Netherlands, a large cultivator and processor of industrial hemp, has announced plans to sell its extensive agricultural portfolio.
Romanian private healthcare group MedLife has completed the full acquisition of the Medstar group of clinics in Cluj-Napoca.
Romanian drilling company Foraj Sonde Videle has secured a framework contract worth approximately €132 million from Dalkia France, part of the EDF Group, for geothermal drilling services over three years.
Romania's foreign exchange reserves reached €65.81 billion on 31 January 2026, according to data released by the National Bank of Romania (BNR).