The budget deficit climbed to 7.12% of GDP after the first 11 months of 2024, compared to 6.19% of GDP after 10 months, or 4.58% of GDP in the same period last year, according to data released Tuesday ...

The annual total value of the cooked food and beverage market has gone up to 10.32 billion RON in 2020, in five of the largest cities in the country, namely Bucharest, Timisoara, Iasi, Cluj and Brasov ...

Former Member of the European Parliament Adrian Severin was convicted on Wednesday by the High Court of Justice and Cassation, which has issued a final sentence of 4 years in prison for committing the ...

Extraction of the Black Sea natural gas will most probably start towards the end of 2025-2026, Energy Minister Virgil Popescu declared on Tuesday, mentioning that state-owned oil and gas company ...

Pewete Evo Europe SRL appeared on the Romanian well services market in 2018, but the General Manager, George Capatina is far from being a newcomer to this industry. Likewise, the company group of ...

The operational leasing market grew in line with the car market, exceeding the level of 77,000 units in administration, at the end of 2021, according to the Association of Operational Leasing ...

Raiffeisen Bank Romania approved a 50 million euro budget for credits under “First Home” program, amount that can be increased depending on the market conditions, said the bank's vice president ...

Southern Harvest Company, a subsidiary of the American investment fund Anholt Services, announced on Thursday the purchase of 2,700 hectares of farming land in Romania following two separate ...

Romania remains, for the third year in a row, on the Tier 2 Watch List in the latest Trafficking in Persons report issued by the US State Department. Countries that are on the Tier 2 Watch List do not ...

On Monday, President Klaus Iohannis signed a decree accrediting Danut-Sebastian Neculaescu ambassador extraordinary and plenipotentiary to the Permanent Delegation of Romania to NATO and head of the ...

Arctic is the leading domestic brand, according to “Romania’s most powerful brands” study conducted by the research company Unlock Market Research for BIZ, in July 2021, on a nationally representative ...

The Minister of Culture, Lucian Romascanu, met, on Monday, with Rim Kap-soo, the ambassador of the Republic of Korea in Bucharest, on which occasion they talked about "possible support" of the Korean ...