Nuclearelectrica, NuScale and E-Infra Sign Memorandum of Understanding to Develop First SMR in Romania

yesterday, 20:55

Nuclear power producer Nuclearelectrica (SNN.RO), small modular nuclear reactor (SMR) technology provider NuScale and the E-Infra group of companies on Tuesday signed a memorandum of understanding for the development of the first SMR reactor in Romania on the site of the former Doicesti thermal power plant, in Dambovita County.

ZF NEWSRSS

Farmec Cluj-Napoca Invests EUR500,000M in Brand Relaunch
yesterday, 20:18

Farmec, one of the largest Romanian companies, is investing EUR500,000 in the relaunch of its brand of the same name and the funds will go towards... more
EC: Romania's Public Debt Seen Nearing 73% Of GDP In Ten Years
yesterday, 20:00

Romania's public debt will be nearing 73% of GDP within ten years, in 2032, under the baseline scenario, from just above 50% of GDP currently, as... more
Uniqa Asigurari, Uniqa Asigurari de Viata Report Combined Underwritings Of EUR27M For Jan-March 2022, Up 7% YoY
yesterday, 19:52

Austria’s Uniqa Group, which owns in Romania general insurance division Uniqa Asigurari and life insurance division Uniqa Asigurari de Viata,... more
Transgaz Signs Agreement With Three Seas Initiative Investment Fund For Up To EUR626M Projects
yesterday, 19:38

Romania’s natural gas transmission company Transgaz (TGN.RO) on Tuesday said it concluded a roadmap agreement with The Three Seas Initiative... more
Accor To Open Mercure Hotel In Alba Iulia In 2024
yesterday, 19:04

Accor hotel group on Tuesday said it would open a Mercure hotel in Alba Iulia (central Romania), in the second quarter of 2024. more
Online IT Job Platform Joberty Starts Operating In Romania
yesterday, 18:28

Joberty, an online IT job platform that connects employers and candidates in a transparent eco-system, has officially started to operate in Romania... more
Colliers: Fewer And Fewer Romanians Can Afford To Buy A New Home Due To Soaring Prices
yesterday, 17:33

Fewer and fewer Romanians can afford to buy a new home, given that prices continue to rise at a pace significantly faster than wages, amid rising... more
EY: Energy Security Concerns Prompt Governments To Focus On Renewable Energy Programs
yesterday, 17:14

Governments around the world seek to accelerate and broaden the scope of their renewables programs to help reduce reliance on imported energy,... more
Visa And Western Union Conclude Partnership In Germany And Romania
yesterday, 17:03

Visa and Western Union have concluded a partnership in Germany and Romania, with the launch of WU+, the new integrated digital banking and... more
Bosch Group Sales up 10% to Almost EUR500M in 2021
yesterday, 16:41

Bosch Group ended the fiscal 2021 with RON2.4 billion (EUR494 million) consolidated sales in Romania, an increase of about 10% year-on-year. more
Ursus Breweries Launches Kozel Beer Brand In Romania
yesterday, 14:38

Ursus Breweries, the largest player in the Romanian beer industry, has launched the Kozel beer brand in Romania. more
DRUID And Transilvania Leasing & Credit Implement AI Solution
yesterday, 13:30

DRUID and Transilvania Leasing & Credit, one of the most experienced Romanian players on the local credit market, announced the implementation of a... more
Romania Private Lending Grows 15.8% YoY To RON339B In April 2022
yesterday, 13:17

Private lending in Romania grew by 15.8% in nominal terms (1.8% in real terms) to RON339 billion in April 2022 compared to April 2021, as local... more
Three-Month ROBOR Spikes To 5.83% A Year On May 24
yesterday, 12:00

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
GTS Telecom Sees 2021 Turnover Rise by 48% YOY to EUR42M
yesterday, 10:14

GTS Telecom, a provider of communication services focused on the corporate market, in 2021 posted 48% higher turnover. more
US Lear Corporation Buys Romanian IT Firm Thagora Technology
yesterday, 10:02
MobilaDalin Ends 2021 with Over EUR10M Turnover, Up 25% YOY
yesterday, 09:54
Evopack Set to Finalize New Plant Shortly
yesterday, 09:48
Dacris Mulls Setting Up Network of Hubs in Major Regions of Romania
yesterday, 09:37
Utilico Emerging Markets Sells 3.35% in Conpet Ploiesti, Drops to 5%
05.23.2022
Romania Raises RON296M Selling Bonds At 7.99% Yield
05.23.2022
Safetech Innovations Reports 40% Higher Net Profit For 1Q/2022
05.23.2022
EC: Romania, France, The Netherlands, Portugal, Germany, Spain, Sweden Still Affected By Macroeconomic Imbalances
05.23.2022
First SMR in Romania to Be Built in Doicesti
05.23.2022
TTS Deputy GM Ion Stanciu Buys RON310,000 Worth Of Company Shares
05.23.2022

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Colliers: Romania Real Estate Investments Near EUR900M In 2021

Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last

Equity Value of Romanian METRO Branch Is EUR225M

The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.

One Cotroceni Park Project To Host Ford Europe’s Future Services Center In Bucharest

One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has

Survey: House Prices/Sqm In Romania Undervalued By About 30% Vs Prices On Other Realty Markets In Europe

House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,

Five New Companies Listed On Bucharest Stock Exchange To Be Included In FTSE Russell Indices For Emerging Markets

Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging

Datacor Set to Develop Greenfield Photovoltaic Projects of 50MW in Transylvania by Yearend

Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system

Romania, a Growth Engine for Logistic Developer CTP

CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction

Ford Assembly Plant In Craiova Produced EUR18B Worth Of Vehicles In Past 12 Years

Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which

Poland’s CCC Set to Bring HalfPrice Outlets to Romania in 2022

Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to

Analysis

What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?

A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?

Today's figure

Central Bank: Romania's Economic Growth Expected to Decelerate Considerably in 2022 and 2023

Romania’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.