Business Forum
| 8 January, 2025 at 12:41 PM
3M ROBOR index fell on Wednesday to 5.91% per annum
The six-month index, used to calculate interest rates on variable-rate lei mortgage loans, stagnated at 5.97% per annum.
The six-month index, used to calculate interest rates on variable-rate lei mortgage loans, stagnated at 5.97% per annum.
The biggest risk for Romania in 2025 is not Trump tariff's policy, the German recession or the Ukraine war, but the continued deterioration of the fiscal situation.
For households, green loans amounted to around RON 10 billion in September 2024, +50% compared to September 2023, and accounted for 5.7% of the bank loan portfolio to this segment.
The bulk of this debt, RON 780.243 billion, was government securities. Borrowing amounted to RON 131.258 billion.
Total revenues amounted to RON 523.9 billion in the first 11 months of 2024, up 12.7%, while expenditures of the consolidated general budget totaled RON 649.6 billion, up 20.6%.
As of April 2020, Romania has been in the excessive deficit procedure (EDP), as a result of exceeding, in 2019, the 3% budget deficit limit set in the Stability and Growth Pact (SGP).
The elimination of the holiday vouchers will freeze or cancel investments in tourism infrastructure.
As of September 30, 2024, there were 9.03 million participants enrolled in the 17 private pension funds, compared with 8.86 million at the end of the previous year.
Total gross claims paid (including branches) amounted to around RON 8 billion in the first nine months of 2024.
Banca Transilvania's shareholders approved BT's merger with OTP Bank Romania at an Extraordinary General Meeting.
During the EY-led process, the team provided full sell-side M&A assistance, structuring and coordinating the execution of the transaction.
Three in five (59%) global retail investors and 76% of Romanian investors expect the bull market to span 2025, with the majority (55%) backing AI stocks to keep rising.
In recent years, the RCA market in Romania has undergone a series of significant changes, which have caught the attention of both local and international actors.
The team of lawyers has advised throughout the entire process, including on aspects regarding financial structuring, regulatory and due diligence.
The EIB loan provides long-term funding in euros or Romanian lei at favourable conditions compared with alternatives in the market.
74% of Salt Bank clients hold higher education degrees, 12% above the 62% average for the banked population in Romania aged 18-55, according to a study by Mercury Research.
Initial election result did not cause one of the worst market declines of past decade, even if the sharpest reactions have historically been tied to legislative uncertainty.
Amid higher prices expectations, buyers remain wary, and many intend to cut back on gifts for themselves or to switch to lower-priced brands.
The transaction price is a maximum of €14 million and is calculated based on a mechanism agreed upon by the parties, considering working capital adjustments and net debt.
With 14 startups funded, over 100 women engaged, and a commitment to transformative innovation, WIT Angels Club solidifies its role in bridging the gender wealth gap.
Building on three years of success, UNCHAIN enters a new growth phase with strengthened international partnerships.
On a monthly basis, Sphera restaurants in Romania serve over 4 million consumers.
The BlueCash integrates the functions of a cash register and a banking POS terminal into one compact device, equipped with a suite of business applications to optimize operations.
Black swans are rare and unexpected events with severe consequences and the potential to cause a change in a formerly held belief or system of beliefs.
CEE is transforming from Europe's periphery into a defence industry powerhouse, according to a new KPMG study. The region's combination of cost efficiency, industrial capacity, and strategic location is attracting investment as European defence spending increases.
The EU's downward trend in transport costs ended abruptly in March 2026, with Romania emerging as one of the most heavily impacted member states.
ING Bank Romania reported a 5% increase in total revenue for 2025, surpassing RON 4 billion (€800 million).
The closure of the Strait of Hormuz and the resulting energy price shock are putting additional pressure on Romania's economy, already affected by the EU's highest inflation, a major fiscal deficit and internal political risks, according to an eToro analysis.
In 2025, Romania recorded one of the highest shares of young entrepreneurs in the EU, with those aged 20–29 accounting for 10.3% of the country's self-employed population.