Home appliance maker Arctic and mineral water company Borsec top the list of the most powerful Romanian brands in 2023, while Tazz, Laptaria cu Caimac and 5toGo are the leaders in the category of brands younger than ten years, reveals a survey conducted by a research company and a business magazine.eMAG holds the second spot in the latest ranking of most powerful Romanian brands, Napolact comes third. Other top companies are Aqua Carpatica, Bucovina, Pate Bucegi, FAN Courier, Dorna, Dacia and Gerovital.This year, the ranking of the strongest Romanian brands was completed by a new category dedicated to brands younger than ten years, which also includes Freshful, LaDoiPasi, Untold, Spartan, Neversea, Artesana and Mototol."The respondents declared that in 2023 they bought just as many Romanian brands/products as last year (46 percent), or even more in the last year (28 percent). We are therefore witnessing a greater demand for Romanian brands than in the past, as 39 percent estimate that next year they will buy more Romanian goods and services," the authors of the survey mentioned.The BrandRO survey measures the strength of Romanian brands from the perspective of customer trust and affection, without taking into account financial and commercial indices.
Romania has reached a purchasing power per capita of EUR 11,105, approximately 45% below the European average – a figure that places the country in 31st place in the European top, according to the "NIQ Purchasing Power Europe 2025" study. Compared to 2024, Romania moved up one position in the NIQ ranking. Comparatively, at a […]
Ionuț Costea, former head of EximBank, and Sebastian Vlădescu, former finance minister, were released on November 5 following an extraordinary prescription procedure, according to a statement from Romania's High Court of Cassation and Justice (ICCJ). The two had been sentenced in 2023 to six and seven years in prison, respectively, for taking a EUR 5.5 […]
Prime minister Ilie Bolojan, who also serves as president of the Liberal Party (PNL), stated on November 4 that, at the meeting of the party's National Political Bureau the same day, support was renewed for resolving the issue related to special (magistrates') pensions this month, but also for the reform in public administration, according to
Knauf Insulation Romania, the local subsidiary of a division of the German group Knauf, has officially inaugurated its new glass mineral wool factory in Târnăveni, Mureș County, after an investment of EUR 140 million, for which the company also received EUR 18 million in state aid. "Our factory in Târnăveni, equipped with state-of-the-art technology, has […]
Corden BioChem, an expert in industrial biotechnology, could resume production at the bioethanol factory it took over from Swiss Clariant in southern Romania (or "Lesser Wallachia" as indicated by the company) at Podari, after the Competition Council authorised the takeover of the steam and electricity supplier. The company announced on its website that the Podari […]
Romania’s general government budget deficit can drop below 6.5% of GDP next year, possibly approaching 6% of GDP, to further drop below 5% of GDP if the tax evasion and tax avoidance are addressed, the head of the Fiscal Council, Daniel Daianu, said, speaking in a conference organised by Curs de Guvernare, as reported by […]
