Economy | 14 February, 2025 at 9:36 AM
NIS estimates: Romania's economy grew 0.9% in 2024 compared to 2023
On a gross basis, compared with the same quarter in 2023, GDP in the fourth quarter of 2024 increased by 0.7%.
On a gross basis, compared with the same quarter in 2023, GDP in the fourth quarter of 2024 increased by 0.7%.
The company strengthened its position as a converged telecommunications operator with the completion of the merger between Orange Romania and Orange Romania Communications.
The individual customer segment recorded a 15% increase compared to 2023, while the business segment grew by 11%. Locker delivery was the top-performing option.
In 4Q24, net revenues reached €5.6 billion, of which €2 billion of fees with a remarkable 8.9% year-on-year growth.
BRD Group's net result amounted to RON 1.524 billion, compared to RON 1.656 billion in 2023. BRD's capital adequacy ratio on an individual level is 23%.
The lift in M&A activity in 2024 was most pronounced in H2, with 415 deals announced – the highest H2 volume since 2012 and a 58% year-on-year increase from 263 deals in H2 2023.
Founded in 2002, Fortim Trusted Advisors has been controlled since December 2020 by Costin Nistor, Nicolae Ciobanu and Bogdan Cange.
In the Exploration and Production segment, the operating result excluding special items was RON 3 billion, down by 29%.
The fastest pace of recruitment in recent years consolidated the teams specialized in the most dynamic areas of practice.
The EIB Group supported a record of over €100 billion in new investment for Europe's energy security in 2024.
Over 430,000 people used AI Search last year, 70% of them visitors to the Ask BT website.
The ratio between the total number of tabulated mortgages and the total number of residential transactions registered in 2024 was of 51%.
The United States ranked first by country of origin for inbound transactions, continuing a six-year trend.
Average gross earnings were RON 8,825 in November, RON 213 (+2.5%) higher than in the previous month.
The highest annual increase in home sales among the five largest regional residential markets in Romania was recorded in Iasi, with an increase of 38.1%.
The consumer price index in December 2024 compared to November 2024 was up by 0.29%.
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%.
Advertising revenue market shares remain stable: Television leads with 52.2%, followed by Digital at 36.4%, OOH at 6%, Radio at 4.9%, while Print stays below 1%.
The state, by removing some tax breaks and delaying payments to builders, has left many contractors facing unstable cash flows.
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%.
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 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.