Fitch Ratings: Romania Election Does Not Allay Medium-Term Fiscal Uncertainty

12.11.2020

Romania’s general election result points to continued political uncertainty and hence a still-challenging policy-making environment and the need to pass a 2021 budget will be a near-term test of the next administration’s cohesion and an indication of likely fiscal policy settings, Fitch Ratings said

European Commission Revises Its Forecast On Romania's Wheat Crop Downwards
yesterday, 17:22

For the third month in a row, the European Commission is revising its forecast downwards for Romania's winter crops, including the grain... more
Survey: Inflation, Romanians’ Top Concern
06.21.2022

76% of Romanians are concerned about a possible economic crisis that might impact their financial situation, as per the latest edition of the UNSAR... more
Eurostat: Romania Overtakes Greece By Purchasing Power In 2021
06.21.2022

Actual Individual Consumption (AIC) is a measure of material welfare of households. In 2021, AIC per capita expressed in Purchasing Power Standards... more
European Commission Approves EUR500M Afforestation Scheme For Romania
06.21.2022

Private and public owners of plots of land appropriate for afforestation are offered grants under a EUR500 million scheme 100% funded under the... more
Survey: Only 5% Of Romanian Employees Now Have Their Childhood Dream Jobs
05.30.2022

Childhood dreams do not fit into adult responsibilities, as per a survey by recruitment platform BestJobs that marks the upcoming Children's Day. more
Bucharest Unemployment Rate At 1.1% In April 2022
05.27.2022

Capital city of Bucharest registered 13,537 jobless people (of whom 7,163 women) at the end of April 2022, taking the unemployment rate to 1.10%,... more
European Commission OKs EUR100M Romanian State Aid Scheme To Support Forest Regeneration
05.25.2022

The European Commission (EC) has approved a Romanian scheme worth EUR100 million to support the regeneration of damaged forests and the scheme will... more
EY: Romanians Express Concern Over Future Economic Situation
05.10.2022

Romanians are worried about the future economic situation, therefore, an overwhelming proportion say they intend to save more (68%) and invest in... more
Eurobarometer: Most Romanians Say The EU Has Shown Solidarity With Ukraine Since War Started
05.06.2022

Most Romanians believe that since the war started in Ukraine, the EU has shown solidarity (78%) and has been united (70%) and fast (64%) in its... more
Oradea Airport To See EUR16.5M Investment In Infrastructure Upgrade Works
04.19.2022

The international airport in Oradea (western Romania) launched in the Electronic Public Procurement System (SEAP) the tender for the development... more

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?