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growth

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World Bank Downgrades Romania GDP Growth Forecasts
Macroeconomics

World Bank Downgrades Romania GDP Growth Forecasts

The World Bank projects 2.1% economic growth in Romania in 2025, after 1.3% forecast for 2024, underscoring that, despite EU fund inflows, the recently announced fiscal consolidation moves h...

Roxana Dumitru Rosu - Mediafax · 17.01.2025 · 10:53 · 1 min
FAN Courier Ends 2024 With 12.5% Growth In Revenue To RON1.3 Billion
Companies

FAN Courier Ends 2024 With 12.5% Growth In Revenue To RON1.3 Billion

FAN Courier, the leader of the parcel delivery market in Romania, ended 2024 with RON1.3 billion revenue, an increase of 12.5% on 2023, its officials announced.

Loredana Frățilă-Cristescu · 17.01.2025 · 07:00 · 1 min
Double Record in Romania Car Industry in 2024: 516,000 Cars Were Manufactured in Craiova and Mioveni
Automotive

Double Record in Romania Car Industry in 2024: 516,000 Cars Were Manufactured in Craiova and Mioveni

Ford Transit&Tourneo Courier, Ford Puma, but also the new Dacia Duster have driven Romania automotive output to a record high volume of over 560,000 units, in line with ZF calculations based...

Bogdan Alecu · 15.01.2025 · 08:52 · 1 min
Online Bookstore Libris Book Sales Up 21% In 2024
Retail&Consumer

Online Bookstore Libris Book Sales Up 21% In 2024

Libris.ro, one of the largest online book retailers in Romania, posted significant growth of its book sales volume of 21% in 2024 compared with 2023. The average order stood at RON135 in Rom...

Loredana Frățilă-Cristescu · 14.01.2025 · 21:38 · 1 min
Wet Wipe Maker Europack Media Expects 15% Rise In Revenue In 2025
Companies

Wet Wipe Maker Europack Media Expects 15% Rise In Revenue In 2025

Europack Media, a Constanta-based wet wipe maker, is aiming for a 15% increase in revenue this year, after having overshot the RON100 million revenue mark in 2024, its officials said.

Loredana Frățilă-Cristescu · 13.01.2025 · 23:04 · 1 min
Old 3-Room Apartments in Bucharest End 2024 with Strong Price Increase
Real Estate

Old 3-Room Apartments in Bucharest End 2024 with Strong Price Increase

December 2024 brought a strong price increase on the Bucharest market of old three-room apartments after a year and a half of advances.

Bogdan Alecu · 10.01.2025 · 09:52 · 1 min
EXE Software Sees 18% Growth In 2024, Almost Double The Estimates
Technology &Telecoms

EXE Software Sees 18% Growth In 2024, Almost Double The Estimates

EXE Software, a Romanian bespoke software development company, saw business growth in 2024 almost double the 10% target set at the beginning of the year.

Loredana Frățilă-Cristescu · 09.01.2025 · 23:25 · 1 min
Bank Deposits Hit almost RON615B in November, Up 10.6% YOY
Banks-Insurance

Bank Deposits Hit almost RON615B in November, Up 10.6% YOY

Population and company deposits in November totaled RON614.4 billion, up 10.6% from the same period of 2023 (5.2% in real terms), after local currency deposits went up by 13.7% and foreign c...

Cristina Bellu · 27.12.2024 · 11:26 · 1 min
Romania Private Lending Annual Growth Slows Down in November to 8.8%
Banks-Insurance

Romania Private Lending Annual Growth Slows Down in November to 8.8%

Private lending rose by 8.8% in November against the same period of 2023, to a total amount of RON418 billion, after local currency loans increased by 11.5% and foreign currency ones by 3%,...

Cristina Bellu · 27.12.2024 · 11:15 · 1 min