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The number of new cars registered in Romania increased by 2.4% to 148,105 units in 2024, 58,470 of which were hybrid vehicles (35% more) and 9.765 were full electric (32% fewer), the association of carmakers in Romania ACAROM data show.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies RON denominated loans, has opened 2025 at 5.92%, unchanged from 2024’s last day, in line with central bank data.
AROBS Transilvania Software, the biggest tech company listed at the Bucharest Stock Exchange, has signed two Market Maker services contracts with Raiffeisen Bank International and InterCapital Securities, in a bid to enhance its visibility among global institutional investors.
Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product (GDP), which is 71% higher than in the year-ago period. Finance Ministry data show.
Natural gas producer and supplier Romgaz (SNG.RO) on Wednesday notified the Bucharest Stock Exchange that the delisting of the global depositary receipts (GDR) from the main market of the London Stock Exchange had become effective.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, was set at 5.92% on December 31, 2024, the same as in the previous day and was 4.66% lower than at the beginning of the year, central bank data showed on Tuesday (December 31).
Store chain Annabella, one of the most powerful grocery retail businesses in Romania, opened ten stores in 2024 and invested in its second retail park. The park is located in Ramnicu Valcea and takes up 7,000 square meters.
Furniture maker Taparo, which filed for insolvency in November, has sent the Maramures County Employment Agency (AJOFM Maramures) a notification about plans to fire 379 people or more than 40% of its total number of employees recorded in 2023, according to its reports to the Finance Ministry.
The introduction of the special construction tax should be postponed for 90 days, sources close to the talks say, during which the government should discuss with the companies directly affected by it to find an acceptable solution to all parties.
The government on Monday announced the adoption of the emergency ordinance aimed at curbing budget deficit to 7% in 2025, as undertaken before the European Commission.
The special construction tax will not be levied unless enforcement guidelines have been issued first and the finance minister has had talks with the major companies that have investments planned, Prime Minister Marcel Ciolacu said at the Victoria Palace on Monday.
Kastamonu Romania, controlled by Türkiye’s Kastamonu Entegre, forecasts it will end the current year with turnover of around EUR160 million amid a positive market evolution in 2024.
Viarom Construct, owned by Marius Daniel Badina, expects it will end the current year with turnover worth around RON264 million (EUR53 million), up 35% from 2023, in line with ZF calculations based on company and Finance Ministry data.
Romania’s state-run national gas transmission company Transgaz has earmarked EUR4.16 billion for 13 major investment projects related to gas transmission, scheduled for completion in 2025-2033, in line with data included in the Development Plan for the National Gas Transmission System.
Natural gas producer and supplier Romgaz (SNG.RO) on Friday announced having made a term deposit without auto-renewal option of RON170 million with Exim Banca Romaneasca.
Fly Lili, held by German businessman Jürgen Andreas Faff, announces that it will temporarily suspend flights operated to and from Brasov Ghimbav International Airport, starting January 10, 2025.
Population and company deposits in November totaled RON614.4 billion, up 10.6% from the same period of 2023 (5.2% in real terms), after local currency deposits went up by 13.7% and foreign currency ones by 3.7%, in line with central bank data.
Private lending rose by 8.8% in November against the same period of 2023, to a total amount of RON418 billion, after local currency loans increased by 11.5% and foreign currency ones by 3%, central bank data showed on Friday, December 27, 2024.
Cosmin Moldovan, founder and general manager of Moldovan Carmangerie, an integrated business of Cluj county, says the group currently has two pre-cooked food production units and given the upward trend of the segment he will invest in a new production unit centered exclusively on this type of product.19990 items