Capital must flow not only from deposits into credits, but also from saving in private companies which create jobs and that is why it is important to have a developed capital and banling market, says Cristian Popa, a member of the Administration Board of the National Bank of Romania at the 12th edition of BVB Awards 2025, the annual ceremony awarding performances in the capital market in 2024. He referred to the increase of the number of stock market investors, mentioning that in 2015 there were 60,000-70,000 investors and 202,000 in 2024. At the same time, Popa reminded that the increase of GDP/ capita seven times and of the number of highway kilometers have grown ten times in the last 20 years. “There are figures that should be mentioned, especially in the context in which we operate now. Figures about the number of highway kilometers in Romania are undeniable: 113 km in 2003, 1074 in 2023, over 1,200 at present, an increase by ten times. GDP per capita was 2,400 euros 20 years ago, now it is 17,000 euros, that is an increase by 7 times. Direct foreign investments were 9.6 billion euros in 2003, 118 billion euros in 2023,”Popa said. He pointed out that Romania has known an important development, sometimes forgotten. “It is a fantastic development we tend to forget sometimes. We simply forget where we forget where we started from and where we are now. The average Romanian lives 80% of the life span of an average European. We must say that being and EU member helped Romania a lot, as well as the money coming from EU, 66 billion euros. These high contributions helped develop Romania by building roads, bridges , hospitals and helped us get where we are. I think it is important to remind those figures, because sometimes we lose the perspective being preoccupied by the present and foregetting to consider achievements,” Popa pointed out.
Bogdan Mircea Petre, one of the lawyers who represented far-right politician Călin Georgescu, is allegedly involved in a case of sexual assault after he was caught in the act during a meeting with a minor, according to Digi24. The “sting operation” was organized by Alex Costandachi, known in the public space as Justițiarul...
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
After a 2024 marked by adaptation and consolidation, Romanian eCommerce entered 2025 with a more restrained dynamic. According to MerchantPro Compass, the biannual analysis conducted by MerchantPro, a SaaS eCommerce platform supporting over 2,000 active online stores—the first half of this year confirms a paradigm shift: it’s no longer about how much you sell, but […]
The TIFF Unlimited Caravan is hitting the road for the 16th consecutive year, bringing a diverse selection of Romanian and international films to audiences across the country. From July to September 2025, the traveling film series will stop in ten towns and cities, offering outdoor and indoor screenings of comedies, love stories, and family-friendly films. […]
