Finance Ministry Seeks To Raise MTN Program Cap By EUR7B To Cover 2024 And 2025 Funding Needs
yesterday, 23:25
The Finance Ministry has prepared a government decision draft to increase the value of the „Medium Term Notes” program by EUR7 billion from EUR68 billion at the moment to EUR75 billion.
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Romania Average Net Salary Down 4.3% In January 2024 vs December 2023
03.14.2024
The average net salary in Romania decreased by 4.3% in nominal terms in January 2024 compared to December 2023, to 4,859 (EUR991), data from the... more
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SIFI Cluj Retail SA Bucharest Signs Agreement to Sell All Portfolio Assets for EUR24.3M
03.14.2024
SIFI Cluj Retail SA Bucuresti, a company in which Cyprus-registered SIF Imobiliare fund owns 96.3%, announced the signing of an agreement for the... more
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The Six Entrepreneurial Companies Part of Morphosis Capital Fund I End 2023 with EUR100M Combined Turnover, Up 49%
03.14.2024
The six entrepreneurial companies part of Morphosis Capital Fund I portfolio in 2023 ended the year with overall turnover worth EUR100 million, up... more
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SoftOne Romania Seeks to Hire 12 Specialists
03.14.2024
SoftOne Romania, the local subsidiary of Greek software solutions provider of the same name, wants to reach a team of over 50 employees in the two... more
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Wallberg Sets Off Construction of Fourth Building part of EUR10M Project
03.14.2024
Wallberg, the real estate developer controlled by entrepreneur Valentin Morar, has started construction of the fourth housing building part of... more
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Banks In Romania Granted RON140B Worth Of New Loans To Households And Companies In 2023, Up 10.4% YoY
03.14.2024
New loans granted by banks in Romania to households and companies amounted to RON140 billion in 2023, which translates into an increase of 10.4%... more
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SIF Imobiliare, Held By Lion Capital, Disposes Of Its Holding In SIFI BH Retail Oradea For Nearly EUR10M
03.14.2024
SIF Imobiliare, held by Lion Capital, said in a stock market report that it sold its entire ownership stake in SIFI BH Retail Oradea, a company... more
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Investimental: Potential Reclassification Of Romanian Market By MSCI To Emerging Market Could Boost Liquidity
03.14.2024
The clients of Investimental, the newest broker on the Romanian capital market, have opted for diversified investments over the last seven months,... more
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Medisprof Opens Oncology Center In Piatra Neamt In Wake Of EUR3.5M Investment
03.14.2024
Grupul Medisprof, which holds in Cluj Napoca the largest private oncology hospital in western Romania, has inaugurated a similar medical facility... more
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More Than 40 Teams From Romania, Bulgaria, Republic Of Moldova, Ukraine, Serbia and Hungary Enroll In Startup Reaktor Program
03.13.2024
More than 40 teams from Romania, Bulgaria, the Republic of Moldova, Ukraine, Serbia and Hungary have signed up for Startup Reaktor, an... more
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tbi bank, Present In Romania, Bulgaria And Greece, Reports Consolidated Net Profit Of EUR42.4M For 2023, Up 16% YoY
03.13.2024
tbi bank, present on the Romanian, Bulgarian and Greek markets, reported a consolidated net profit of EUR42.4 million for 2023, 16% higher than the... more
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Colliers: Volume Of Industrial And Logistics Leasing Transactions Outside Of Bucharest Hit Record High In 2023
03.13.2024
The share of industrial and logistics leasing transactions outside of capital city Bucharest reached a record high in 2023, while transactions in... more
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Distributie Oltenia To Invest RON48M In Electrical Networks In Mehedinti County
03.13.2024
Electricity distribution company Distributie Oltenia will be investing RON48 million in a project aimed at expanding the electrical distribution... more
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Filip & Company Assists ROCA Industry In Transferring Shares To Main Market Of Bucharest Stock Exchange
03.13.2024
Law firm Filip & Company provided legal advice to ROCA Industry, Romania’s leading construction materials holding company, in relation to the... more
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Statistics Board: Romania's Industrial Production Drops 4% YoY In January 2024
03.13.2024
Romania’s industrial production decreased by 4% in unadjusted data in January 2024 versus January 2023 and by 3.9% when adjusted for seasonality... more
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Romania's Annual Inflation Slows To 7.2% In February 2024
03.13.2024
Romania's annual inflation grew at a slower pace in February 2024, by 7.2% compared to February 2023, data from the country's statistics board INS... more
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eJobs: Employers Vie To Find Candidates Particularly In The Fields Of Construction, Finance, Manufacturing
03.13.2024
Specialists continue to be the most difficult candidate category to recruit, particularly in fields such as construction, finance – accounting or... more
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EY: Businesses Favor Gradual Adoption Of GenAI As They Look To Address Knowledge Gaps
03.13.2024
The latest EY Reimagining Industry Futures Study confirms generative AI’s (GenAI) status as a breakthrough technology, with 43% of the 1,405... more
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Finance Ministry Launches New Issue of Tezaur T-Bills
03.13.2024
The Finance Ministry starting Wednesday, March 13, launched a new edition of Tezaur T-bills program, with 1 and 3-year maturities and annual... more
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Tucano Coffee Shop Chain Ends 2023 with EUR17M Turnover and 50 Units
03.13.2024
Tucano, a coffee shop network whose story began in Chisinau 12 years ago, ended last year with 50 units and overall sales worth EUR17 million. 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.