Money

Bucharest accounts for over a quarter of Romania’s foreign trade activity

In the first quarter of 2024, companies headquartered in Bucharest carried out…

Romanians’ trust in banks remains among the lowest in the region

Romanians' trust in banks has increased in recent years, but remains among…

How cheap are new properties in Romania? You need 6.3 average gross annual salaries to buy one

Romania maintains the third position in the top of the European countries…

Over 100 million EUR in influencer campaigns in 2024, a 300% increase

This year, over 93% of Romanians spend at least an hour on…

The e-commerce market in Romania estimated to reach 10 billion euros, by 2025

The e-commerce market in Romania is estimated to reach 10 billion euros,…

Domeniile Ostrov Winery expects sales and production to increase this year

Domeniile Ostrov Winery, Constanta county, which is in the top five wine…

Almost 5,000 new electric cars registered in the first four months of the year

By the end of April 2024, 45,248 electric cars were registered in…

Finish fast food chain Hesburger opens first outlet in Romania

Finnish fast-food chain Hesburger has opened the first of ten planned restaurants…

Romanian Millennials and GenZs continue to be concerned by the cost of living

The cost of living remains the main concern for young Romanians (43%…

DP World opens three major new sites in Romania after a €130m investment

DP World opens three major new sites in Romania, providing a significant…

More than 3,200 women work at Pepco stores in Romania. Almost half of them are managers

Currently, Pepco hires more than 3,200 women in Romania, and in most…

Volume and value of transactions completed last year, the lowest in the last three years

Last year's result was largely underpinned by the deal in which Greek…

Naratix created a team of 5 robots to “employ” in over 2,500 online stores

A team of Romanian entrepreneurs, founders of Naratix, has created five robots…

Bucharest is among the most affordable residential markets in Europe

Bucharest ranks among the major European cities with the lowest housing prices…

8 out of 10 Romanians visited the malls between December 20-31, 2023

8 out of 10 Romanians visited the malls between December 20-31, 2023.…

Bucharest in the top 10 European cities for part-time work in 2024

Bucharest is the third-best European city for part-time work in 2024, according…

The highest level of retail spaces during the last 7 years, delivered in 2023

Investment plans for the next 5 years are also consistent, given that…

Two transactions of over 1 billion dollars marked the Romanian market in 2023

The acquisition of Profi retail chain by Ahold Delhaize (Mega Image stores…

More than 42,000 electric cars registered in Romania, 16.800 in 2023

Over 42.000 electric are registered in Romania, 16,800 being newly registered in…

S-70 Black Hawk maintenance, repair and overhaul service centre in Bacau

Lockheed Martin and Aerostar already undertakes similar work for Romania’s F-16 fighter…

How the first electric car developed by Allview looks like. It costs 7,990 euros

The Romanian company Allview has launched CityZEN, an electric car for urban…

Bucharest amongst the Top-10 highest shares of adults working in brain jobs

In Bucharest, 16.3 percent of adults are employed in brain business jobs,…

Dacia reveals the third-generation Duster. It comes with a revamped design and a hybrid powertrain

Dacia has reinvented Duster’s design. It still has the striking looks from…

How expensive is it to live in Bucharest? Is it more affordable than other European capitals?

The cost of living in Bucharest can vary depending on your lifestyle…

Romania overtook Hungary and is close to Portugal at the GDP per capita level

Romania outranked Hungary at one of the most important economic indicators, GDP…

Over 2,500 international participants at the How to Web 2023 conference

Out of the 2,500 participants, organizers estimate that over 20% are from…

Four Romanians launched The Talent Universe, a social media platform for the music industry

Launched on 19th August 2023, The Talent Universe is a professional social…

Switch of places at the top of most valuable Romanian brands. Dacia regains the top spot over eMAG

Dacia (brand value up 30% to €1,062 million) has recovered last year’s drop and…

Giurgiu, Călărași, Dej, and Vaslui, newly added towns on the modern retail map this year

Four modern retail projects were delivered in the first half of the…

Almost half of Romanians can’t afford a proper meal every two days

A whopping 43% of Romanians are at risk of poverty and cannot…

Electric and hybrid cars exceeded a 20% market share in 2023

This year, electric, hybrid and plug-in hybrid cars exceeded the diesel cars…

A 10.000 euros watch, the most expensive gift on Women’s Day

Between March 1-8, 2023 the Romanian gift market increased by 64% compared…

Only 1.9 million homes are insured against natural disasters. 4 out of 5 homes are uninsured

Romania is getting closer to 2 million homes insured against disasters, but…

OMV Petrom brags about paying 7% of Romania’s tax revenues in 2022

OMV Petrom announces in a press release that it paid to the…

A whooping half of million Bucharest habitants use the Revolut app

Romanian capital city maintains its second position in the global list of…

Romania’s annual real GDP to grow by 2,5% in 2023. Inflation to decrease at around 9,7%

In the first three quarters of 2022, Romania’s annual real GDP grew…

Foreign investments in Romania surpassed the ten billion euros mark in 2022

Direct investments of non-residents in Romania rose by 33.37% in 2022, to…

Rents in Bucharest increased by 20% since the beginning of last year

This year started with a 49% increase in page views for real…

New car registration numbers increased in January 2023 by a third

In January 2023, 12,266 new cars were registered, 31.37% more compared to…

Over 7,000 Ukrainians work on full time contracts in Romania

7,141 full-time employment contracts of Ukrainian citizens, of which 5,787 contracts have…

Diesel and gasoline prices, up by 0,5 lei per liter since the beginning of 2023

OMV Petrom increased the price of gasoline by 0,05 lei/liter this weekend,…

Record traffic of goods for Constanta Port in 2022, in the context of the war in Ukraine

In 2022 a total of 4,498 maritime ships arrived in Constanta compared…

The World Bank predicts a 2.6% increase for the Romanian economy this year

The Romanian economy should register a growth of 2.6% this year, the…

President Iohannis received gifts worth only 4,753 euros last year

Romanian President Klaus Iohannis received gifts worth only 4,753 euros (23,515 lei)…

The price of used cars increased by 18% compared to the end of 2021

Compared to the end of 2020, the average price of used cars…

Romania is approaching a record ten million registered vehicles

The number of used vehicles registered at a national level is continuously…

Contracts worth 9.74 billion euros, signed in the transport field last year

It is the largest amount ever contracted in the history of the…

Increase of newly established companies with foreign capital in Romania

The number of newly established companies with foreign capital in Romania increased,…

Around 360.000 students received a 500 lei aid for school supplies and clothing

Romanian Ministry of European Investments and Projects transferred the 500 lei aid…