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Romania's gross domestic product contracted by 3.9% in real terms in 2020 compared with 2019, breakdown data from the country's statistics board confirmed Tuesday.
Romania's finance ministry on Monday rejected all bids at a tender where it planned to raise 400 million lei (EUR81.9 million) selling bonds maturing in June 2026, central bank data showed.
Private medical services network Regina Maria, owned by investment fund Mid Europa Partners, reported a consolidated turnover of EUR237 million in 2020, up 27% on the year.
The Romanian capital market posted nearly 18% growth in the past year and nearly a quarter of the growth rate was achieved in January and February 2021, Bucharest Stock Exchange data showed Monday.
Romania's president Klaus Iohannis on Monday signed off on a loan agreement allowing Romania to borrow EUR4 billion from the European Union to protect citizens affected by the Covid-19 crisis.
International Finance Corporation (IFC), a member of the World Bank Group, and the Bucharest Stock Exchange, mark International Women's Day on Monday with an event advocating gender equality.
Progress for women in work could be back at 2017 levels by the end of 2021 as a result of the COVID-19 pandemic, according to analysis conducted for PwC’s annual Women in Work Index, which measures female economic empowerment across 33 OECD countries
The number of real estate deals in Romania stood at 50,147 in February, 1,411 more than in January, data from the national cadaster agency ANCPI showed Monday.
The private medical labs of two leading health care providers in Romania – market leader MedLife and Medicover, the third leading operator, generated significant revenue for the groups they are part of in 2020, ZF has found.
Ana Hotels has started a EUR25 million investment in the capital renovation of the Athenee Palace Hilton hotel in Bucharest, a historical building in the city center.
Logistics and semiindustrial space developer VGP has bought land for the VGP Park Bucharest project in the north of the city.
The supply of houses is preparing for an increase, the high number of land deals lately shows.
OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, reported a consolidated profit after tax of RON22 million in 2020, lower than in 2019 due to increased risk costs amid the Covid-19 pandemic.
MedLife (M.RO), the leader of the private medical services market in Romania, said Friday it has completed the acquisition of the Veridia Medical Center in Bucharest, known as Basarab Medical Center.
The Romanian printer market increased by more than 36% in volume last year, driven by the surge in demand for home printers, following the shift to working from home.
Gherla (Cluj County) based furniture manufacturer Sortilemn posted RON154 million (EUR32 million) revenue in 2020, 6% lower than in 2019, largely due to the decline in orders during the lockdown, the company said.
Romanian state-owned energy utility group Electrica (EL.RO) on Friday reported a consolidated net profit of RON388 million for 2020, 87.5% higher compared with 2019.
Romanian lawmakers have rejected a bill that sought to cap interest rates on mortgage and consumer loans to at most 50% above the central bank benchmark rate.18948 items