Over 80% of the market value is represented by the residential segment. Last year, the European market has reached €1.1 billion last year.
Romanian property company Impact Developer & Contractor said its net profit amounted to 39.9 million lei (around €7 million) in 2023, down by more than 59% versus 2022 over lower revenue from residential sales.
The government has committed to a stable tax environment for the next fiscal year, officially confirming that the VAT will not be increased.
Rompetrol Rafinare has announced the completion of a major stage in its tank farm rehabilitation and modernisation program at the Petromidia refinery.
Fitch Ratings has decided to maintain the BBB- credit rating with a negative outlook (Investment Grade) for state-owned gas producer Romgaz.
New orders in the total manufacturing industry (domestic and foreign markets) saw a nominal decrease in August 2025, falling by 28.5% compared to July 2025.
Romania has secured the European Commission's agreement to replace the National Recovery and Resilience Plan (PNRR) milestone concerning the reduction of the VAT gap.