Industry | 2 April, 2025 at 5:19 PM
Romania's IT&C sector close to 8% of GDP
The IT&C sector has a contribution of nearly 8% to the Romanian GDP, according to a message from interim president Ilie Bolojan.
The IT&C sector has a contribution of nearly 8% to the Romanian GDP, according to a message from interim president Ilie Bolojan.
Romania's informal economy represents about one eighth of its GDP, according to an EY report.
Romania's unemployment rate at the end of February 2025 was 3.37%, a decrease of 0.01 percentage points compared to the previous month.
Productivity in Romania has increased from 26% in 2008 to 44% in 2024, with women making a notable contribution, according to an analysis of Alpha Bank.
Moody's Ratings has revised its outlook on Romania's rating from stable to negative due to growing concerns about the nation's fiscal strength in the coming years.
The average shopping cart value for fast-moving consumer goods (FMCG) in Romania increased by approximately 9% in 2023 compared to 2022
Romanian private equity firm Roca Investments has announced the completion of an amicable separation process within its agricultural holding, resulting in a full divestment from cereals producer RDF.
The 2025 landscape is marked by geopolitical tensions and the upcoming Romanian presidential elections, contributing to a cautious business environment.
About 18% of the total number of vacancies was concentrated in manufacturing (6,300 vacancies) and the rate was 0.59%.
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 report finds that managing risk can no longer be a siloed activity relegated to annual planning or discussions between high-ranking officials.
Colliers consultants forecast economic growth of just over 2% in 2025, but caution that there are significant risks we could result in a softer outcome.
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.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.