This year has been a mixed bag for Romania’s overall achievements and results, with both robust infrastructure activity, a strong recovery in real estate investments, and an economy that underperformed due to lower-than-expected GDP growth, according to Colliers consultants. While […]
TeraPlast Group reported a 32% increase in turnover after the first nine months of 2024, reaching RON 681 million compared to RON 517.3 million in the same period of 2023. EBITDA reached a similar level compared to the first three […]
Raiffeisen Bank continues to redefine the banking experience in Romania. The results of the first 9 months of the year support personal financial planning performance through Raiffeisen Smart Finance tablet, as well as significant developments in daily banking activities. We […]
Christina Verchere, CEO OMV Petrom: “In the first 9 months of the year, market demand for all our products was slightly higher with volatile, declining prices for natural gas and electricity and significantly lower refining margins. The operating result excluding […]
The financial wealth of Romanians will grow at an average rate of approximately 9% over the next five years, one percentage point faster than the average forecast for Eastern Europe and three percentage points above the average expected global growth […]
The latest review of the Energy Performance of Buildings Directive (EPBD) sets ambitious objectives to reduce global consumption of energy of the European Union buildings and establishes the common framework for the Member States to rely on for the reduction […]
The main challenge faced by the business environment is represented by legislative ambiguities and uncertainties, according to more than 70% of the respondents of the latest edition, from March 2024, of the survey conducted by the Foreign Investors Council (FIC) […]
Three quarters of Romanian business leaders (75 percent) believe that the reforms and investments made through the National Recovery and Resilience Plan (PNRR) will contribute to the local economy’s competitiveness in the next five years, while also supporting local businesses’ […]
The percentage of Romanian CEOs who believe their organisations will need to reinvent their business model to survive in the next decade has risen to 37 percent this year, up from 27 percent in the previous edition of the PwC […]
The hotel sector continued to recover in 2023, with sustained growth in leisure tourism. The number of Romanian tourists staying in the country’s hotels reached almost 7 million in 2023, very close to record highs and above the average in […]
