Net investments in the national economy amounted to 189.3 billion lei in 2023, an increase of 16.6% compared to the previous year, according to data the National Institute of Statistics (INS) published on Tuesday.The increase was recorded in all structural items: machinery (including means of transport) by 20.6%, new construction works by 16.8% and other expenditure by 4%.Most investments were in new construction works, with a total of 114.2 billion lei in the first ten months. An amount of 58.5 billion lei went to machinery and means of transport and 16.5 billion lei to other expenditure.In the fourth quarter of 2023, compared to the fourth quarter of 2022, net investment in the national economy increased 22.1%, with an increase of 37.1% in structural items: machinery (including transport equipment) and 23.8% in new construction works. Other expenditure decreased 16.4%.Net investments represent the expenses for the creation of new fixed assets, development, modernisation and reconstruction of existing ones, as well as the value of services related to the transfer of ownership of existing fixed assets and land taken over with payment from other units or from the population (notary fees, commissions, transport and handling expenses, etc.), says INS.
T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, announced it was investing in Prime Batteries Energy Holding, thus becoming the second-largest shareholder of the Romanian company with headquarters in Bucharest. T2Y Capital will take a seat on the Board of Directors and support Prime […]
More than half of Romanians (58%) are concerned about the country's economic situation, and inflation remains a central concern for one in five respondents to a survey conducted at the European level by Ipsos for ING Group in May-June 2025. The research analyzed the main concerns of Romanians in the context of the current economic […]
Vlad Micu has been appointed general manager and chairman of the Board of Directors of INNO Investments, a company of the Banca Transilvania Group specializing in the management of alternative investment funds. In his almost 30 years of experience, he has held various management positions in corporate banking, investment banking, trade finance, and business development […]
Measured in local currency, the wealth of citizens in Hungary increased the most in Europe last year, followed by Lithuania and Sweden. In Romania, the median wealth increased by 9.1%, but the long-term average wealth trend decreased, according to a recent report by the multinational investment bank UBS, cited by Euronews. Net wealth per citizen […]
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The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71 megawatts (MW) of capacity in Romania. This is the second loan by Kommunalkredit to the fund. In […]
