CFA Analysts Anticipate 5.5% Budgetary Gap, 2.5% GDP Growth in 2024. Inflation Projected to Average 5.46%, Leu to Reach 5.0500 Units/Euro in Next 12 Months
yesterday, 10:00
Financial analysts part of the CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0500 units/Euro in the next 12 months, while the inflation rate will average 5.46%, the lowest level since November 2021.
ZF NEWSRSS
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Denisa Simion, Deloitte Romania. Fraud Prevention: Key Investment For Business Success
today, 17:57
Fraud prevention in corporate settings is not necessarily a matter of policies and procedures, but it is about cultivating a culture of integrity... more
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Porsche Romania Delivers 300 EV Charging Stations To Eldrive Romania
today, 17:19
Eldrive Romania and MOON Power, part of Porsche Romania, the general importer of Volkswagen, Audi, Seat, Cupra, Skoda, Das WeltAuto brands, have... more
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Cooperation Between Romanian And Moldovan Capital Markets Backed By High Government And Private Sector Reps
today, 15:10
The cooperation with the authorities and the private sector in Romania is essential for the transformation of the capital market in the Republic of... more
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Symmetrica Invests EUR48M In New Factory Near Bucharest
today, 15:02
Suceava-based paving stone manufacturer Symmetrica, owned by Stanciu family, is investing EUR48 million in a new factory in the vicinity of capital... more
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Fortim Trusted Advisors: Companies Leased Fewer Office Spaces Outside Bucharest in 2023
today, 11:39
Companies in 2023 leased fewer office spaces outside Bucharest, with regional hubs generating just 18% of Bucharest volumes, as part of major deals... more
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Turbomecanica Proposes Distribution of RON9M Dividends from 2023 Profit
today, 10:51
Turbomecanica, a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, proposes to shareholders the distribution of a... more
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Antibiotice Iasi Commissions 2.5 MW Photovoltaic Plant
today, 10:40
Pharma manufacturer Antibiotice Iasi has commissioned a 2.5 MW photovoltaic plant, with total investments in the project amounting to RON11.8... more
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Winemaker Jidvei Set to Hire 250 Workers from Nepal for Vineyard Works
today, 09:49
Jidvei, one of Romania’s largest winemakers, has currently reached more than 500 employees and is set to recruit another 250 workers from Nepal... more
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Four-Star Hotel TTS Covasna Reaches RON9.2M Turnover in 2023
today, 09:43
Four-star hotel TTS Covasna ended 2023 with RON9.2 million turnover, up 15% from 2022. more
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Transilvania Constructii Wants to Double Industrial Portfolio in Next 5 Years
today, 09:36
Andrei Timofte, general manager of Transilvania Constructii, says the company wants to grow further and double its portfolio in the next five... more
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Dunca Expeditii Ends 2023 with RON187M Turnover, Down 11% YOY
today, 09:29
Dunca Expeditii, one of Romania’s largest freight carriers, in 2023 generated RON187 million turnover, 11% lower than in 2022, and registered... more
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Bento Proposes Distribution Of RON4.1M Dividends From 2023 Net Profit
today, 02:12
The management of 2B Intelligent Soft (BENTO – Intellectually Curious), a Romanian entrepreneurial company specializing in the development and... more
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Transelectrica Proposes Distribution Of RON20.5M Dividends, With 1% Yield
today, 01:55
Romania’s national power transmission company Transelectrica (TEL.RO) has called shareholders for an April 29 meeting to vote, among others, on... more
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TeraPlast Borrows EUR13.2M From Banca Transilvania For Acquisition Of Companies Part Of Austria's Freiler Group
today, 01:28
The Board of Directors of building materials manufacturer TeraPlast Bistrita (TRP.RO) has approved a decision to contract an investment loan of... more
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Conpet Ploiesti Concludes RON105M Contract With OMV Petrom
today, 00:30
Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) in a stock market report on Wednesday (March 27) announced the conclusion of a... more
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Amazon Development Center In Romania Reports RON52M Net Loss For 2023, Sixfold Higher YoY
today, 00:16
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Hidroelectrica Proposes First Dividend Since Going Public: RON13.99/Share
yesterday, 22:58
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ELI Parks Develops Regional Logistics Center In Ploiesti For Returo
yesterday, 22:38
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Electrical Equipment Distributor Promelek XXI Posts EUR44M Revenue In 2023
yesterday, 21:54
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Cometex Opens Retail Park In Hunedoara In Over EUR4M Investment
yesterday, 20:25
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Exclusive Networks Romania Appoints Bogdan Ciobanu CEO
yesterday, 19:22
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Retele Electrice Muntenia Set To Complete Upgrades At Obor And Filaret Transformer Stations In Bucharest By End-2024
yesterday, 16:15
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CMS Advises PPC On Completion Of Acquisition Of 84 MW Operational Wind Farm In Romania
yesterday, 15:54
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Retele Electrice Muntenia Completes Modernization Of North Power Station In RON70M Investment
yesterday, 15:24
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Deloitte: More Than Half Of Workers Around The World See Work Stress As Their Top Concern
yesterday, 14:50
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
moreOMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
moreThe European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
moreRomania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreBanks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
moreRomania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.
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Central Bank: Romania's Economic Growth Expected to Decelerate Considerably in 2022 and 2023Romania’s economic growth is expected to decelerate considerably in 2022 and 2023, after having reached very high dynamics from a historical perspective in 2021, yet significantly lower than previously forecast (in November 2021), the minutes of the monetary policy meeting of Romania’s central bank (BNR) say.
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