The Plenum of the Chamber of Deputies is set to meet next week, on Tuesday, to adopt the draft law on the Government’s competence of issuing ordinances during the parliamentary vacation. The Standing Bureau of the Chamber of Deputies on Thursday approved, in principle, the convening of a plenary sitting...
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Militari Residence, the largest residential agglomeration in Romania located in Bucharest's suburb Chiajna, developed by Iulian Robu and Constantin Căpățână (which gave the name to the agglomeration), will add another eight blocks of apartments, according to Profit.ro. ...
State-controlled hydropower group Hidroelectrica (BVB: H2O), the largest electricity producer in Romania, expects its net profit to decrease by 13% y/y to RON 3.55 billion (EUR 700 million) in 2025 despite the expected 2% y/y increase in revenues to RON 10.3 billion, according to the company's budget sent o shareholders for endorsement. Of this profit, […]
Trinity Investments Management, a private equity fund with Romania’s Scandia Group as anchor investor, was set up focusing exclusively on investments in the food industry, primarily in Romania and Poland, which together account for 57% of the region’s population and 53% of its GDP. “Trinity Investments focuses on creating long-term value. We will invest in […]
Net investments in Romania's national economy totaled RON 193 billion (EUR 38.8 billion) in 2024, marking a 4.9% decline compared to the previous year (in volume terms), according to data published by the National Institute of Statistics (INS). The decrease was primarily driven by a 10.8% drop in equipment purchases, including transport means, and a […]
Automobile production in Romania fell by 14% in the first two months of 2025 compared to the same period in 2024, with total output reaching 85,260 units, according to data from the Romanian Automobile Manufacturers Association (ACAROM). Automobile Dacia produced 48,582 vehicles, while Ford Otosan manufactured 36,678 units. While the slowdown at Dacia seems to […]
Romania’s trade deficit (goods) surged by 38% y/y to EUR 2.74 billion in January, as the exports picked up encouragingly by 2.4% y/y, still insufficient to offset the 10.3% y/y advance of imports, according to data published by the statistics office INS. Romania’s exports rose by 2.4% y/y to EUR 7.25 billion, while the imports […]
