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%.
Business Bonus expands with exclusive offers from local partners, providing competitive prices for payments made with Mastercard Business cards issued in Romania.
The second half of the year was much more negative, influenced by energy market volatilities which drove weaker results for the sector.
Over time, the company attracted growing interest from investors, securing a leading position in the BET AeRO index.
The indoor advertising market is projected to grow by 17% in 2024, substantially surpassing the growth rate of the Romanian advertising market.
In the last two decades, the price of gold has risen by over 800%, and from the start of this years, it has continued to climb constantly.
The number of investors in investment funds also crossed the 700,000 threshold, an advance of more than 37% since mid-2023 and 8.6% since the first quarter of this year.
SIPEX's business growth was supported by careful inventory management, accurate sales forecasting, and diligent expense management.
Global financial wealth is up nearly 7% in 2023 to $275 trillion, after a 4% decline in 2022.
The residential sector contributed the highest demand for air conditioning systems in June.
In 2023, SMARTEMP recorded consolidated revenues (including the financial results of BIA Human Capital Solutions) of RON 164.5 million, an increase of 10% compared to 2022.
Investment in production machinery and military equipment in Romania increased by 80% last year compared to the pre-pandemic period.
Metropolitan Life, registered during the year 2023 gross written premiums amounting to RON 625.1 million, having an increase of 7.95% compared to the previous year.
In 2024, Romania's economy is expected to continue its growth trend, but at a more moderate pace.
Packeta Romania recorded a doubling in the volume of parcels processed from the cross-border segment last year.
OMV Petrom and state-owned gas producer Romgaz have announced the initiation of drilling for the first gas production well in the Neptun Deep project.
Catalyst Romania Fund I has announced the sale of its shares in avocatnet.ro, a Romanian Information as a Service platform specialising in compliance and regulatory insights.
While there's significant interest in battery storage systems among Romanian prosumers, cost remains a major obstacle.
Romanian private healthcare group MedLife has announced an increase in its syndicated credit facility by €50 million, bringing the total to €330 million.
The US government is currently reviewing Romania's recent inclusion in the Visa Waiver Program (VWP) to ensure it meets the program's strict security requirements.