Financial analysts expect Romania's economic growth to stand at 0.8% on average in 2025, with some participants even anticipating a recession, according to the monthly survey conducted by the CFA Romania Association.The state budget deficit forecast for 2025 is slightly up compared to the previous year, to an average of 7.6% of GDP, and public debt expressed as a percentage of GDP is expected to increase to 59% in the next 12 months, the organization said in a release on Monday.The inflation rate anticipated for a 12-month horizon (August 2026) increased compared to the previous month to 6.46%, with over 56% of the respondents predicting it to go up.Regarding the exchange rate expectations, around 94% of the respondents predict a depreciation of the domestic leu against the euro in the next 12 months. Thus, the average projection for the next six months is for a rate of RON 5.1015 for one euro, while for the 12-month horizon, the average anticipated exchange rate is RON 5.1716 for one euro.As far as urban residential property prices are concerned, 69% of the respondents anticipate stagnation in the next 12 months, while 31% expect them to in increase. Also, 69% of participants in the survey consider that the current prices are overestimated, and 31% that they are correctly assessed.Following the sharp decline recorded in June, the Macroeconomic Confidence Indicator produced by the CFA Romania Association was 5 points up this July to 34.9 points, with its two components following divergent directions: the anticipation component increased by 8.6 points to 33.6, while the current conditions component further dropped by 2.2 points to 37.5, reflecting the worsening of current conditions.The CFA Romania Association has been carrying out this monthly survey for 14 years now, as an indicator whereby the organization attempts to quantify the anticipations of financial analysts regarding Romania's economic activity over a one-year horizon. The survey is conducted in the last week of each month and the participants are members of the CFA Romania Association and candidates for levels II and III of the CFA exam.CFA Romania is the association of Romanian investment professionals who hold the certification of Chartered Financial Analyst (CFA), a credential granted by the US-based CFA Institute. The association currently has over 270 members.
Investment: 125 million euros to establish STIHL’s European Competence Center for the production of battery packs and battery-powered tools Scale: 47,000 square meters facility on a 147,000 square meters site — capacity of up to 1.8 million battery packs and 1.7 million tools by 2028 Employment: Approximately 700 jobs to be created by 2028 Network: Romania […]
A report published on Wednesday, October 15, by the Council of Europe’s Committee for the Prevention of Torture (or CPT) urges Romanian authorities to address serious shortcomings in the treatment and conditions of detention of patients in forensic psychiatric hospitals. The deficiencies in the Romanian system were identified by the Committee representatives during a visit […]
The state-owned Electrica (BVB: EL), one of the main players in Romania’s energy sector, completed the Satu Mare 2 photovoltaic park, a strategic project that marks an important step in diversifying the production portfolio. Located near the commune of Botiz, Satu Mare County, the park has an installed capacity of 27.056 MW and represents an […]
More than 100 items, ranging from frescoes and paintings to sculptures, photographs, and other rare artifacts from Italian museums, will go on display in Timișoara for an exhibition looking at the city of Pompeii. Titled The Fragility of the Eternal. From Pompeii to the Grand Tour to Today, the exhibition will be open from November […]
Robotics startup Dexory, founded in London by Romanians Andrei Dănescu, Adrian Negoiţă, and Oana Jinga, has secured new Series C funding of USD 165 million, according to an announcement made on LinkedIn and quoted by Ziarul Financiar. The company has developed an autonomous robot, the tallest in the world, reaching 16 meters, and a platform designed […]
NEPI Rockcastle, Central and Eastern Europe’s largest owner and operator of shopping centers, has inaugurated its first photovoltaic park in Chișineu-Criș, Arad county, in western Romania. The investment is part of its green energy programme, which includes a EUR 110 million plan for photovoltaic projects across Central and Eastern Europe. According to the company, these […]
