April 15, 2025
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OMV Petrom Group results for January – September and Q3 2024
Editors Posted On October 29, 2024


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 […]


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The financial wealth of Romanians is growing above the Eastern European average, reaching 300 billion dollars in 2023
Petre Barac Posted On July 29, 2024


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 […]


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România Eficientă Forum 2024: energy efficiency and decarbonisation of buildings. Key changes introduced by the revision of EPBD
Petre Barac Posted On April 30, 2024


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 […]


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Economics  / Latest News  / Reports
Moderate optimism is the perception of the business environment in Romania
Editors Posted On April 17, 2024


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) […]


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Economics  / Reports  / Top stories
Most business leaders in Romania believe that PNRR will contribute to the local economy’s competitiveness in the next five years
Petre Barac Posted On April 9, 2024


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’ […]


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PwC: More than a third of Romanian CEOs believe their company’s business model needs to be reinvented to survive in the next decade
Petre Barac Posted On March 20, 2024


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 […]


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Colliers: Very good year in 2023 for Romanian tourism
Petre Barac Posted On March 19, 2024


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 […]


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Real estate  / Reports  / Top stories
STC Partners: The housing market lost ground in 2023, but 2024 promises a significant comeback
Petre Barac Posted On March 12, 2024


Despite initial challenges, Romania’s residential real estate market demonstrated resilience throughout 2023, setting the stage for a promising outlook in 2024. The annual market report of residential real estate developer STC Partners shows that the market recorded fluctuations in prices […]


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Economics  / Editor Choice  / Latest News  / Reports
Deloitte: Romanian companies anticipate improvement of economic indicators, but are still prudent as uncertainty remains high
Petre Barac Posted On March 7, 2024


Romanian companies anticipate improvement of macroeconomic indicators such as gross domestic product (GDP), inflation and unemployment, but seem to still adopt a prudent approach as uncertainty remains high, according to the Deloitte 2024 Romania CFO Survey, conducted at the end […]


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Economics  / Reports  / Top stories
Deloitte: Growing optimism regarding economic evolution in Central Europe
Petre Barac Posted On February 28, 2024


The optimism regarding the economic evolution in Central Europe is growing, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey, as the share of respondents who expect overall economic climate to improve went up to 42 percent, […]


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