Molodovan winemaker Purcari plans acquisition spree after Bucharest IPO.
An upcoming government report on the anti-corruption watchdog is expected to be negative, and there is speculation it will lead to a push to depose the DNA’s head Laura Codruta Kovesi.
Romania’s banking system has the potential to continue the expansion seen in 2015-2017, but the rising interest rate is a serious challenge.
Despite stellar growth, investors are nervous about the lack of regulatory predictability in particular on fiscal policy, which will keep FDI volumes from rising in future.
Boosted by rampant consumption fuelled by a loose policy mix, the growth rate is unsustainable and is expected to slow significantly in 2018.
Political leaders are expected to use the growing scandal at the DNA's regional Ploiesti office to attempt to force out DNA chief Laura Kovesi.
Industrial production volume increased by 8.2% in 2017, helped by the economic recovery in the EU area, but the availability and cost of the labour force are becoming constraints for future expansion.
Average net wages in Romania increased by 9.5% y/y in Q4, the weakest performance in two and a half years, and slower rates are expected this year after the government made broad income taxation and social security contribution reforms.
The shadow economy accounts for almost 30% of Bulgaria's GDP, higher than in any other European country, finds a new IMF report.
Early warning signs that the talent shortage in the Visegrad 4 countries is now being felt in Romania.
If sunlight is the best disinfectant, then export credit agencies need to step into the daytime, argues a new study of ECAs in Central and Eastern Europe.
Loans increased in 2017, as retail mortgage lending was buoyed by the government's Prima Casa guarantee scheme, but remain well below pre-crisis levels.
European Anti-fraud Office launched probe in response to complaints reportedly concerning inflated payments made to contractor on new line that will link central Bucharest to the western suburbs.
Romania’s €150mn ice-cream market increasingly in international hands as Unilever's purchase of largest local producer Betty Ice follows sale of no. 2 player Alpin57Lux to Latvia's Food Union.
China becomes biggest foreign dealmaker in the region, making €7.7bn of acquisitions, up 78%.
NPLs have been a severe problem in both Central and Southeast Europe since the global financial crisis, and remain particularly high in Bulgaria, Croatia and Slovenia.