Economy | 17 January, 2025 at 2:34 PM
World Bank downgrades forecasts for Romania's economy
Investment, especially in Poland and Romania, is expected to improve on the back of structural reforms and delayed EU funds.
Investment, especially in Poland and Romania, is expected to improve on the back of structural reforms and delayed EU funds.
The Global Cooperation Barometer indicates that international cooperation has “flatlined”, but positive momentum in climate finance, health and innovation offers hope.
Romania's economy has fallen short of expectations, note Colliers consultants, who initially predicted a promising local economic scenario for 2024 that failed to materialize.
Latest CONFIDEX Debate, Romanian managers highlighted the budget deficit, fiscal risks, and RON depreciation as the main challenges for the country's economic trajectory in 2025.
SEE Property Forum 2024, Romania's leading international real estate event, brought together top economic minds to debate the effects of the economic convergence process in the region and also the current and future economic outlook of CEE.
While the US economy looks set for a soft landing, the eurozone continues to face many uncertainties, particularly in the industrial sector.
President Nadia Calviño and EIB Group delegation join partners at International Monetary Fund and World Bank Group Annual Meetings in Washington DC.
The rather murky economic prospects at the European level, already confirmed in Great Britain and Germany, have raised the level of alert in the Romanian economy.
Without measures to support consumption, Romania risks losing its most important engine of economic growth.
Business has its eyes firmly set on a positive future, and leaders are looking to expand and grow with confidence.
Romanian companies anticipate improvement of macroeconomic indicators such as GDP, inflation and unemployment, but still adopt a prudent approach as uncertainty remains high.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.