Economic news

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23 July 13:53

Sales of home insurance policies at Groupama Romania have increased by 7% annually over the last 5 years and claims have increased by 15% annually.

Sources

23 July 12:18

Matt Blunt criticizes trade deal that favors Japanese imports as Trump threatens to raise tariffs on Mexico and Canada.

Sources

23 July 11:49

In June 2025, household deposits in lei increased by 0.5% and deposits in foreign currency by 0.3%. M3 money supply fell 0.6% from the previous month.

Sources

23 July 09:55

Renault saw sales stagnant in the second quarter of 2025, with demand for LCVs in Europe slowing, despite rising passenger car sales.

Sources

23 July 09:23

Over 40 international brands are expected to enter the Romanian market between 2020 and 2025, mostly in fashion and food.

Sources

23 July 09:21

Cristian Popa, Deputy Governor of the NBR: "For the billions from the EU to come, reforms are also needed / We must receive, and we are receiving, rods, not fish"

Sources

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23 July 08:16

Russian carmaker Avtovaz may introduce a four-day working week from September amid falling sales and competition from Chinese manufacturers

Sources

23 July 07:27

Oil prices fell on Tuesday for the third day in a row, amid diminishing hopes for a US-EU trade deal that could hurt the global economy

Sources

23 July 07:00

Lockheed Martin posted a loss of $1.6 billion in the second quarter of the year, leading to an 80% drop in profit and a more than 8% drop in shares

Sources

23 July 06:48

Deputy Prime Minister Dragoș Anastasiu emphasized the need to list at least three companies on the stock exchange in order to comply with the obligations of the PNRR: "Ideally, we should reform, make the companies more efficient and list them at a time when we can get more money. But don't ask me which companies will be listed because that decision has not yet been taken"

Sources

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23 July 06:28

US Treasury Secretary Scott Bessent suggests the deadline for trade tariffs on China could be extended following the Stockholm meeting.

Sources

22 July 20:38

The Bank of England has called on the banking industry to accelerate innovation in payments, while assessing the need for a central digital currency (CBDC).

Sources

22 July 20:16

266 public enterprises in Romania have generated losses of 2.5 billion lei, with seven companies making losses of two billion, despite the subsidies they received.

Sources

22 July 19:03

Household spending on services fell by 0.7% in the first five months of 2025, with notable declines in tourism and gambling.

Sources

22 July 18:43

The European Union could activate the Anti-Coercion Instrument in response to Trump's threats of 30% tariffs on EU imports.

Sources

22 July 18:21

Prime Minister Ilie Bolojan and Deputy Prime Minister Dragoș Anastasiu have announced measures to streamline state-owned companies, including legislative changes and reducing the number of members on the Boards of Directors.

Sources

22 July 18:03

Bosch will lay off up to 1,100 employees and shift the Reutlingen plant's focus to semiconductors due to falling sales.

Sources

22 July 14:48

Cernavodă City Hall has signed a contract worth 1.7 million lei to organize the City Days, despite the austerity measures discussed at central level.

Sources

21 July 19:37

Romania's public debt reached RON 1.013 trillion in April, representing 56.6% of GDP, up from 55.8% in March.

Sources

21 July 19:22

The Bucharest Stock Exchange recorded a generalized decrease of the indices, with total transactions amounting to 57.41 million lei.

Sources

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