• As against the same quarter of 2020, the Gross Domestic Product recorded an increase by 13.9% for the unadjusted series and by 14.4% for the seasonally adjusted series; • In the first semester of 2021, as against the same period of the previous year, the Gross Domestic product increased by 7.0% for the unadjusted series and by 6.6% for the seasonally adjusted series; • The seasonally adjusted series of quarterly Gross Domestic Product were readjusted for ensuring the consistency between the annual data and the quarterly data in the context of the revision of the estimates for year 2019, from semi-final version to final version, on one hand, and the revision of the estimates for Q2 2021, on the other hand, differences being recorded as compared to the version published in the Press release no. 224 of September 7, 2021. The National Institute of Statistics (INS) has revised Romania's Q2 2021 economic growth to 1.9%, from 1.8%, as previously estimated, according to provisional data published on Monday by INS.On September 7, INS announced that Romania's economy grew by 1.8% in the second quarter of 2021 from the previous quarter; as against the same period of 2020, the Gross Domestic Product (GDP) advanced 13% unadjusted and 13.6% when seasonally adjusted.According to INS, the seasonally adjusted Gross Domestic Product estimated for the second quarter of 2021 was 290.489 billion lei current prices, up in real terms 1.9% from Q1 2021, and 14.4% from Q2 2020.The estimated gross domestic product for the first half of 2021, adjusted, was 574.137 billion lei current prices, up in real terms 6.6% from H1 2020.Unadjusted, the estimated Gross Domestic Product for the second quarter of 2021 was 271.202 billion lei current prices, up in real terms 13.9% from the second quarter of 2020.According to INS data, the estimated gross domestic product for the first half of 2021, unadjusted, was 496.253 billion lei current prices, up in real terms 7% from the first half of 2020.As against the previous provisional estimates, the GDP in the second quarter of 2021 increased by 0.9 percentage points (from 113.0% to 113.9%) as well as the gross value added (from 112.0 % to 112.9%), while the volume of net taxes on product increased by 1.4 percentage points.The volume of gross value added by branches recorded more important changes in: construction (+6.6 percentage points); entertainment, cultural and recreational activities; repair of household goods and other services (+5.5 percentage points).In terms of the use of the GDP, more important changes in contribution to the GDP growth between the two estimates were reported in the household final consumption expenditure, from + 6.2% to + 7.3%, and the net export of goods and services, from -1.9% to -2.1%.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
