INS: Romanian Managers Expect Relative Stability In Employee Numbers In Manufacturing And Services In April-June 2024
today, 13:04
Romanian executives forecast growth of activity in construction and retail trade, relative stability in the number of employees in manufacturing industry and services, and price growth in construction and retail trade, for the period April – June 2024, in line with a survey carried out by the country’s statistics board INS.
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Skatepark And Playground Builder Sport Play Systems Ends 2023 With RON30.3M Revenue
01.30.2024
Skatepark and playground builder Sport Play Systems in Turda, Cluj County, held by local entrepreneurs Adrian Silagyi and Mihai Balas, ended 2023... more
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Transelectrica Expects 14% Higher Revenue, 40% Lower Profit In 2024
01.30.2024
State-run national grid company Transelectrica (TEL.RO) estimates total revenue to reach RON5.3 billion in 2024, compared with a preliminary figure... more
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MerchantPro Report: Romania's E-Commerce Market Seen Keeping Upward Trend In 2024
01.30.2024
Fueled by access to digitalization and increased income of the young population and digital natives, Romania's e-commerce market is expected to... more
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PPC Romania Group Expands Its Management Team With Two New Romanian Directors
01.30.2024
Ionut Duna, General Manager of PPC Energie and PPC Energie Muntenia, and Adrian Dugulan, General Manager of PPC Renewables Romania, are joining the... more
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Analysis: Romania's Media Retail Market Seen Overshooting EUR10M In 2024
01.30.2024
Romania's media retail market is expected to exceed EUR10 million in 2024, which would translate into an increase of over 30% compared to the... more
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Three-Month ROBOR Drops To 6.11% On Jan 30, 2024, The Lowest Level Since Summer 2022
01.30.2024
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
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ARIR’s 2023 VEKTOR Report: 20 Firms Listed On Bucharest Stock Exchange Get Maximum Scores For Investor Communication
01.30.2024
The Romanian Investor Relations Association (ARIR), the promoter of the Investor Relations (IR) concept, has announced the results for VEKTOR by... more
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Romgaz 2023 Gas and Hydrocarbon Output Down 3% YOY
01.30.2024
Romanian natural gas producer and supplier Romgaz for 2023 reported a preliminary gross natural gas production of 4.79 billion cubic meters, down... more
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Aquila Shareholder Raises RON96M After Transferring 100 Million Shares, Or 8.33% Stake In The Company
01.30.2024
Aquila Part Prod (AQ.RO), the market leader in the field of integrated distribution and logistics services for consumer goods, on January 26... more
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ESSA Group Reports EUR24.3M Turnover For 2023, Up 24% YoY
01.30.2024
ESSA Group, a Romanian company active on the trade marketing and staff recruitment services market, ended 2023 with a turnover of EUR24.3 million,... more
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Builder Taffo Ends 2023 With RON118.7M Turnover, Up 27.5% YoY
01.30.2024
Taffo, a Baia Mare-based building company owned by three shareholders, ended 2023 with a turnover of RON118.7 million (nearly EUR24 million), up... more
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Bittnet Systems To List RON10M Bonds At Bucharest Stock Exchange On Feb 2, 2024
01.30.2024
IT Group Bittnet (BNET.RO), an integrator of IT&C solutions and a provider of training services in the IT sector, has informed investors in a stock... more
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EIB Signs EUR40M Loan With Eldrive To Expand EV Charging Networks In Romania, Bulgaria And Lithuania
01.30.2024
The European Investment Bank (EIB) has signed a EUR40 million loan to Eldrive Holding GmbH to install 8,472 electric vehicle (EV) charging stations... more
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Three Companies Sign Lease Renewal Contracts For 2,000 Sqm Of Office Space Within America House Office Building
01.29.2024
In early 2024, Bucharest-based America House office building signed office lease renewal contracts for a total 2,000 square meters with Mastercard,... more
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Mushroom Producer Boglar Champ Ends 2023 With 20% Growth In Revenue To RON134M
01.29.2024
Boglar Champ, which cultivates mushrooms in the village of Nusfalau, Salaj County, ended last year with RON134 million (EUR27 million) revenue, up... more
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Airline Fly Lili To Operate Flights From Brasov Airport As Of This Summer
01.29.2024
Airline Fly Lili, controlled by German businessman Jürgen Andreas Faff, will start operating flights from the Brasov-Ghimbav International Airport... more
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Teraplast Set To Consolidate And Expand European Presence In 2024
01.29.2024
Building materials manufacturer TeraPlast Group aims to expand its European presence in 2024, which is why, after the acquisition of Palplast in... more
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Freshful by eMAG Sees Sales Doubling In 2023
01.29.2024
Online hypermarket Freshful, part of eMAG group, announced that it recorded an increase of over 119% in sales in 2023. more
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Finance Ministry Raises RON652M From Banks On January 29
01.29.2024
Romania's Finance Ministry raised RON652 million from banks on Monday (January 29, 2024) selling bonds with a nominal value of RON500 million due... more
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SIF Muntenia And Sea Container Services Set To Take Over 8.8% In Santierul Naval Orsova
01.29.2024
Shipbuilder Santierul Naval Orsova (SNO.RO) has informed the local stock market on Monday (January 29) that the Financial Supervisory Authority... more
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.