Erste Group, which owns BCR in Romania, has revised its economic growth forecast for Romania downwards from 1.8% to 1.3% in 2025, considering the first quarter data, which are below its expectations.
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) grew by 0.4% in unadjusted data and by 3.1% when adjusted for seasonality and number of working days, in April 2025 versus April 2024, data from the country’s statistical office INS showed on Friday (June 6).
Romania's economy edged 0.3% higher in unadjusted data and 0.6% higher in seasonally adjusted data in the first quarter (Q1) of 2025 compared to the first quarter of 2024, provisional (1) estimates from the country's statistical office INS showed on Friday (June 6).
The Bucharest Tribunal decided for alternative investment fund Lion Capital to change its name in the wake of an action filed by the claimant Lion Capital LLP, a legal entity of British nationality, regarding intellectual property rights related to the use of the trade name “Lion Capital”.