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Romania

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Joakim Reiter, Vodafone Executive Committee Member: Romania Can Become EU’s Services Hub
Companies

Joakim Reiter, Vodafone Executive Committee Member: Romania Can Become EU’s Services Hub

The quality of engineers and the long tradition in the STEM field represent a “fantastic” potential for Romania, which is likely to become, with “ambition, determination and authorities’ joi...

Adrian Seceleanu · 15.04.2025 · 10:00 · 1 min
Eurostat: Romania Posted The Highest Current Account Deficit In The EU In Q4/2024
Macroeconomics

Eurostat: Romania Posted The Highest Current Account Deficit In The EU In Q4/2024

The European Union member states with the highest current account deficit in the fourth quarter of 2024 were Romania (minus EUR9.4 billion, compared with minus EUR8.5 billion in the third qu...

Ecaterina Craciun · 04.04.2025 · 18:48 · 1 min
Eurostat: Romania Up To 19th Place In EU By GDP Per Capita Expressed As Purchasing Power Parity in 2024
Macroeconomics

Eurostat: Romania Up To 19th Place In EU By GDP Per Capita Expressed As Purchasing Power Parity in 2024

Romania ranked 19th among the 27 EU member countries by GDP per capita expressed as purchasing power parity (PPP) in 2024, the same as Poland and Estonia, Eurostat preliminary data show.

Loredana Frățilă-Cristescu · 27.03.2025 · 23:08 · 1 min
Cushman & Wakefield Echinox: Romania Shapes Up as Emerging Market in Luxury Retail
Analysis

Cushman & Wakefield Echinox: Romania Shapes Up as Emerging Market in Luxury Retail

Romania is starting to gain a position on the map of luxury retail, but the development of this segment is facing challenges because of the shortage of adequate commercial spaces.

Cristina Bellu · 27.03.2025 · 11:05 · 1 min
Romania Companies and Inventors Filed 63 European Patent Applications in 2024, Up 50% YOY
Analysis

Romania Companies and Inventors Filed 63 European Patent Applications in 2024, Up 50% YOY

Romania inventors, companies and research institutes in 2024 filed 63 European patent applications with the European Patent Office, up 50% from 2023.

Cristina Bellu · 25.03.2025 · 11:15 · 1 min
Eurostat: Romania Posts Second Highest Annual Inflation Rate In The EU, Of 5.2%, In February 2025
Macroeconomics

Eurostat: Romania Posts Second Highest Annual Inflation Rate In The EU, Of 5.2%, In February 2025

Romania posted the second-highest annual inflation rate, of 5.2%, among European Union (EU) Member States, in February 2025, with Hungary ranking first, with a 5.7% rate, and Estonia placing...

Ecaterina Craciun · 19.03.2025 · 20:40 · 1 min
Statistical Office: 2.1 Million Foreign Tourists Visited Romania In 2024, 11% More YoY; Spent EUR1.3B
Social/Politics

Statistical Office: 2.1 Million Foreign Tourists Visited Romania In 2024, 11% More YoY; Spent EUR1.3B

Romania was visited by 2.1 million foreign tourists in 2024, 11% more than in 2023, who spent a total of RON6.5 billion (EUR1.3 billion), namely, an average value of RON3,024 per person, acc...

Ecaterina Craciun · 19.03.2025 · 16:26 · 1 min
Moody’s Lowers Romania’s Rating Outlook To Negative Amid Concerns About Country’s Fiscal Strength
Macroeconomics

Moody’s Lowers Romania’s Rating Outlook To Negative Amid Concerns About Country’s Fiscal Strength

International rating agency Moody’s has revised Romania’s credit outlook from stable to negative, citing concerns over the country’s fiscal strength and rising debt burden.

Ecaterina Craciun · 17.03.2025 · 12:53 · 1 min
VIG’s Insurers In Romania Generated More Than EUR900M Gross Written Premiums In 2024, Up 25% On 2023
Banks-Insurance

VIG’s Insurers In Romania Generated More Than EUR900M Gross Written Premiums In 2024, Up 25% On 2023

Insurance companies in Romania that are part of Vienna Insurance Group (VIG), i.e., Omniasig, Asirom and BCR Asigurari de Viata, saw gross written premiums of more than EUR900 million at the...

Loredana Frățilă-Cristescu · 12.03.2025 · 23:08 · 1 min