The National Prognosis Commission (CNP) has revised up to 3.6 percent the projection on the Gross Domestic Product (GDP)'s growth for this year and maintained to 4.1 percent its estimate on the economic growth in 2016, according to the fall's variant of average term prognosis 2015 - 2019. In the preliminary fall variant, published in September, the institution was forecasting an increase of the GDP by 3.4 percent for 2015 and of 4.1 percent for 2016. This spring, the CNP prognoses were indicating an economic growth of 3.3 percent for 2015 and 3.4 percent for 2016. The nominal GDP is estimated at 704.5 billion lei in 2015 and at 746.6 billion lei in 2016. The most significant contribution to the GDP's real increment this year will be given by the services (2.2 percent), followed by the industry (0.7 percent). The domestic demand will be up by 4.6 percent, in 2015, as against 2.6 percent in 2014, and for 2016 a growth by 4.7 percent is estimated. The gross fixed capital formation (investments) is expected to go up by 7.6 percent this year and by up 6.2 percent in 2016, similar to September estimates. The economic growth will stay put in the next years, for 2017 being estimated a GDP advance of 4.2 percent, in 2018 - 4.5 percent, and in 2019 - 4.7 percent. The state budget for the next year is based on a 4.1pct economic growth, according to data by the Public Finances Ministry as presented on November 18. The DGP is estimated at 746.6 billion lei. In 2014, the Romanian economy has increased by 2.8 percent.
Radiology and dental tomography network DigiRay has acquired the three Maraffka clinics in Ploiești, a city 60 km north of Bucharest. This is DigiRay's third acquisition after buying the Dental Scan centers in Bucharest in 2021 and YTS Dental View in Oradea, in northern Romania, this year. DigiRay (Clinică Dentară S.A) was founded in 2011 […]
BeeFast, the Romanian tech startup specializing in instant delivery management solutions, announces securing a USD 450,000 investment. The funds will be used to accelerate BeeFast's international expansion and further develop its SaaS (software as a service) platform, which is revolutionizing the way companies manage their ultra-fast delivery fleets. Amid a consistent and organic increase in […]
A new online tool allows the location of Romanian passenger trains, Profit.ro reported. On the Bilete.infofer.ro platform, under the heading "My train/Trenul meu," one can track the position...
Presidential candidate Ludovic Orban, now the head of a center-right political vehicle but once the leader of the Liberal Party (PNL), announced he was stepping down in favor of reformist leader Elena Lasconi (USR) in a move aimed at triggering a consolidation of the center-right forces under a single candidate, several days before the first […]
The Romanian national postal company Posta Romana will close all its post offices "in the coming years" and rent them out, announced the company's general manager, Valentin Ștefan, quoted by Economica.net. The only reason for not closing the offices...
The Romanian Parliament, by the vote of the Chamber of Deputies, adopted an amendment to the Fiscal Code to exempt from taxation, until July 31, 2025, the earnings derived by natural persons from investments in cryptocurrencies, according to Profit.ro. The timing is important since cryptocurrency...
