Romania’s exports contracted by 7.5% y/y to EUR 6.55 bln in August, while imports dropped by 3.0% y/y to EUR 9.43 bln amid a combination of subdued economic activity across Europe and still strong domestic demand at home, according to data published by the statistics office INS.
The trade deficit consequently widened by 9% y/y to nearly EUR 2.9 bln in August.
In the 12 months to August, Romania’s exports contracted by 1.9% y/y to EUR 92.1 bln, 2.8% less compared to the EUR 94.7...
Despite a climate of economic and political uncertainty, Romania's land market remained stable in 2024, with transaction volumes reaching nearly EUR 450 million, a figure close to 2023's total. Colliers' annual report reveals that Bucharest and its metropolitan area continued to dominate, accounting for 80% of total transactions, while residential projects made up 70% of […]
February has been an active month for Romania's fiscal and economic landscape, with significant announcements and regulatory updates that businesses, particularly those in public affairs and legal departments, should closely follow. IMF and World Bank: Stability, Not Austerity Finance Minister Tánczos Barna provided reassuring news following meetings with IMF and World Bank representatives. Contrary to […]
Rural buyers fuel growth through progressive adoption Over 60% of customers have more than 5 years of experience in online shopping Beauty, Fashion, Footwear, Pharma, and Electronics are the most popular categories €857 is the average annual spending of an online customer MerchantPro launches...
The 20th edition of the Bucharest Pride march is scheduled for June 7, organizer Accept announced. The march, where organizers expect some 30,000 participants, is part of a series of events taking place throughout June, including debates, exhibitions, film screenings, parties, and workshops. The march will follow its established route: Calea Victoriei – Parcul Izvor, […]
For the first time, the Randstad Romania Workmonitor research showed that Romanian employees now prioritize job security (88%) and work-life balance (86%) over salary (84%), slightly exceeding the global average. The 2025 report highlights a shifting workplace landscape where employees value personalization, community, and future-ready skills, and employers must adapt to meet these evolving expectations. […]
The general mayor of Bucharest, Nicușor Dan, has been cleared to run in Romania’s upcoming presidential elections after the Constitutional Court (CCR) rejected all challenges against his independent candidacy. The top court ruled on Tuesday, March 11, dismissing five complaints filed against the Central Electoral Bureau’s (BEC) decision to validate his...
