The Macroeconomic Confidence Indicator produced by the CFA Romania Association was 4.7 points up this June to 52.1 points, as an effect of the 5.6-point increase in the current conditions component of the indicator and of the advance by 4.3 points of the anticipation component.The inflation rate anticipated for the 12-month horizon (June 2025) decreased compared to the previous report to an average of 4.67 percent. Approximately 71 percent of the respondents expect the inflation rate to drop in the next 12 months. Also, a considerable share of the participants (46 percent) anticipate that the inflation rate will enter the target band (1.5 percent - 3.5 percent) in 2026.Regarding exchange rate expectations, around 86 percent of the respondents predict a depreciation of the domestic leu in the next 12 months, while the rest see it keeping steady. Thus, the average projections for the next six months are for a rate of RON 5.0133 for one euro, while for the coming 12 months, the average anticipated exchange rate is RON 5.0722 for one euro.As far as the evolution of urban residential property prices is concerned, 64 percent of the respondents anticipate a stagnation in the next 12 months, while 21 percent expect them to increase. Also, 50 percent of the participants in the survey believe that the current prices are fairly assessed, and 43 percent consider that they are overestimated.The state budget deficit for 2024 was upwardly adjusted from the previous report and stands at 6.5 percent, while economic growth expectations for the current year remained relatively constant compared to 2023, at 2.8 percent.The public debt expressed as a percentage of GDP is expected to increase to 53 percent in the next 12 months.
Romania’s ruling coalition will make a final decision on the magistrates’ pensions law after president Nicusor Dan meets magistrates on November 18 and will most likely promote the law on public administration employment in Parliament next week, according to media reports from prime minister Ilie Bolojan and other sources familiar with the negotiations. The coalition […]
The restaurant chain with entirely Romanian capital, City Grill Group, announced that it ended the first ten months of the year with a turnover of EUR 63.5 million, up 13% compared to the same period last year. The results "confirm the group's stability in a year marked by challenges for the hospitality industry and consolidation," […]
Sphera Franchise Group (BVB: SFG), Romania’s largest food service operator, reported record third-quarter results for 2025, marking its strongest Q3 performance to date in terms of sales and profitability. The company said on November 17 that the improvement reflects stricter cost discipline and rising contributions from its operations in Italy and the Republic of Moldova. […]
Hidroelectrica (BVB: H2O), the largest state-owned company in Romania, recorded lower operational and financial results in the first nine months of 2025 compared to the same period last year, but in line with the amended budget approved on October 31. The company's net profit fell by 34% y/y, to RON 2.3 billion, and earnings per […]
State-controlled gas producer Romgaz (BVB: SNG) may officially submit a binding offer to acquire fertiliser plant Azomureș by the end of the year, provided the final stages of its due diligence process confirm the financial, legal, and operational feasibility of the transaction. The update was provided by Gabriela Mareș, Romgaz's Director of International Relations and […]
Turkish group Tosmur Grup is close to completing a second production unit at its starch factory in Medgidia, an investment of EUR 86 million that will double the site’s current capacity by the end of this year, Ziarul Financiar reported. The project expands the company’s operations in southeastern Romania,...
