The Organization for Economic Co-operation and Development (OECD) is expecting Romania’s GDP to grow by 3.1% in 2024 and by 3.3% in 2025, up from 2% in 2023, according to the latest OECD Economic Survey of Romania.
A total 21,461 housing units were put into use in Romania in the fourth quarter of 2023, 923 more units than in the same period of 2022, provisional data from the country’s statistics board INS showed on Tuesday (March 12).
Net investments in Romania’s economy totaled RON189.3 billion in 2023, up 16.6% year-over-year, data from the country’s statistics board INS showed on Tuesday (March 12).
SelfPay, which owns the largest network of self-service payment terminals in Romania, reported RON10.8 million net profit in 2023, up 188% from 2022. Turnover climbed by 23% to RON185 million.
Constructii Erbasu, one of Romania’s largest construction firms, controlled by entrepreneur Cristian Erbasu, in association with Terra Gaz Construct, owned by brothers Traian and Alexandru Bunea, and with Concelex, controlled by entrepreneur Daniel Piturlea, have won a contract worth RON363.6 million (around EUR73 million), VAT not included, with Oradea city hall, for the design and execution of the new infectious disease hospital in Vladeasa street.
5 to go coffee shop plans to reach 10 units in Hungary, where the Romanian business already operates four.
Dermatologist Lucian Russu has invested EUR500,000, from own funds, in the Bioderm clinic in Saftica (Ilfov County) and has turned it into a dermatology day care hospital.
Cosmetics producer Farmec Cluj has opened a new store under the Gerovital brand within the VIVO! Shopping Center in Cluj, thus reaching a total 28 units across Romania.
Oil drilling company Foraj Sonde Videle (FOJE.RO) on Monday (March 11) announced the signing of a contract worth RON44.9 million with Romanian state-run natural gas producer and supplier Romgaz (SNG.RO) – the natural gas storage branch Depogaz Ploiesti SRL-, as general contractor.