Latest news

With 138 deal announcements in 2024, Romania has seen a 6% increase in deal volume from the previous year.

Investment in the hotel sector is experiencing a significant upswing, with Romania witnessing a 56% increase in 2024 versus 2023, reaching €69.3 million. This trend aligns with a broader European surge, where hotel investments reached €20.5 billion, marking a 70% rise and establishing hotels as the leading asset class.

Regarding the distribution of Agroland Agribusiness revenues by category, in 2024, the largest share of turnover came from the grain trading activity.

Scandia Română Development, the real estate division of the Scandia group, has announced the commencement of works on a new residential project in Sibiu.

Adjusting for inflation shows a more moderate increase of 52.1% over the last 10 years and 8.5% in the last year, indicating a market with a sustainable development.

A similar level of the instalment/wage ratio was registered in 2022, when the average instalment for a mortgage loan granted in Bucharest held a percentage of 44%.

Now in its fifth edition, the report expands its scope to the entire region, gathering data from 22 countries.

NN recorded solid financial results across all business lines in 2024, continuing to ensure financial strength and stability, operational efficiency and digital transformation.

In addition to the hybrid work regime, Nestlé Romania employees also benefit from other non-financial advantages, such as a variety of library subscriptions, wellbeing and nutrition projects.

Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.

Axionet is founded and led by entrepreneur Gabriel Ioniță, who has transformed the company into a leading player on the local market.

About 18% of the total number of vacancies was concentrated in manufacturing (6,300 vacancies) and the rate was 0.59%.

The Series A investment is led by True Ventures, a venture capital fund from Silicon Valley, with the participation of Early Game and Play Ventures.

With the €750 million investment, OMV Petrom integrates the production of sustainable fuels at Petrobrazi together with two green hydrogen units.

Italian real estate group IGD has announced the sale of its Winmarkt Someș shopping center in Cluj-Napoca to a private Romanian investor for €8.3 million.

Founded in 1992 as a family business with 100% Romanian capital, the Adrem Group today has 1,600 employees and an extensive network of more than 30 offices nationwide.

World Bank indicators show a favorable business environment in Romania, but corruption remains a challenge.

Only 11.4% of respondents believe they managed to save enough in 2024 to meet their financial needs and expectations.

Freedom24 aims to increase its Romanian client base by 200% in 2025, targeting from first-time investors to experienced traders.

Most confident CEOs taking long-term approach to transformation with a focus on customers and employees, despite evolving disruptive forces.

In 2025, deliveries of over 200,000 sqm of new retail space are expected in Romania, of which almost half will be shopping malls, according to a report by Colliers Romania.

ING Bank Romania's revenues reached RON 3.8 billion in 2024, up 13% compared to 2023, and the value of the bank's total assets increased to RON 78 billion, up 9%.

Bucharest remains the leader on gross rental yields, while the overall prices in the residential market rose by 14% in 2024, according to a market study by The Concept.

Annual inflation rate will fluctuate sharply in the first semester of 2025 and in the second semester it will decrease on a higher trajectory than in the previous projection.

Planned investments include a new composting factory at the Lacto Agrar farm and the installation of solar panels on the rooftops of buildings at Apold, Lacto Agrar, and Cut farms.

The INVL Private Equity Fund II has received strong backing from both existing and new investors, forming an exceptional investor base.

The project aims to reconfigure, modernize and increase the capacity of the Perișoru power line by replacing the line over a length of about 35 km.

The facility from Giurgiu manufactures spiral welded steel pipes with diameters up to 2.540 mm used in the construction of pipelines.

Government representatives have participated in a series of consultations with Romania's international financial partners to analyze latest financial and economic developments.

On a gross basis, compared with the same quarter in 2023, GDP in the fourth quarter of 2024 increased by 0.7%.

The average annual temperature was 12.9916°C, making 2024 the warmest year in Romania's history of meteorological measurements.

According to data presented in November 2024 by the governor of the National Bank of Romania (NBR), Mugur Isărescu, the inflation forecast for the end of 2025 is estimated at 3.5%.

Organic growth was 2.2%, with a return to positive real internal growth of 0.8%, and both strengthened in the second half.

The company strengthened its position as a converged telecommunications operator with the completion of the merger between Orange Romania and Orange Romania Communications.

In 2022, Romania recorded the highest VAT collection deficit in the European Union (EU), losing 30.6% of VAT revenues. However, this percentage is 4.2% lower compared to 2021.

Companies that received the certification are Agexim Transport & Logistics, Christian'76 Tour, Compexit Grup, IRUM, Perla Harghitei and Temad Co.

Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.

Cluj-Napoca recorded a fourfold growth in office leasing in 2024 and was the biggest regional market for such transactions, according to a Fortim Trusted Advisors analysis.

Key assessment criteria for the matrix include sustainability leadership, corporate sustainability strategies, transparency on data, progress and transformation,.

Romanian businesses are also on par with other EU-based companies in use of digital technologies, EIB survey shows.