Govt Allocates EUR325M for State Aid Investments in 2020
today, 06:00
The government has allocated EUR325 million for state aid investments via the 807/2014 scheme in 2020. The annual budget the Finance Ministry had set for the scheme was EUR145 milion, according to the ministry website.
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Group Of Investors Pays EUR3.4M For 35 Apartments Within Central District 4 Elemente Residential Project today, 15:12
A group of investors has paid EUR3.4 million for 35 apartments within the Central District 4 Elemente residential project, developed by Forty... more
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Sévan Kaloustian Appointed Managing Director Of Janssen Romania today, 14:49
Janssen, pharmaceutical companies of Johnson & Johnson, has appointed Sévan Kaloustian to the position of managing director of Janssen Romania. more
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Romania Raises RON715.5M Selling April 2026 Bonds at 4.04% Average Yield today, 14:18
Romania's finance ministry on Monday raised 715.5 million lei (EUR149.7 million) versus a RON600 million target selling bonds maturing in April... more
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Romanian Media Market Grows 7% in 2019, to EUR487M today, 14:14
The media market in Romania grew 7% on the year in 2019, to EUR487 million, and is seen growing 5.5% in 2020, to EUR514 million, according to the... more
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CBRE: Bucharest Remains The First Option For Companies Willing To Operate In Romania today, 14:01
Romania's capital city of Bucharest reached a total area of 3.16 million square meters of modern office spaces at the end of the third quarter of... more
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ESOP: Office Space Lease Market Up 7% In 2019 In Bucharest, Due Mostly To New Space Take-Up today, 13:02
Office space lease transactions in capital Bucharest reached a total area of 385,800 square meters, 7% more than in the previous year, with new... more
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Regina Maria Acquires Timisoara-Based Endo Institute today, 11:57
Private medical services network Regina Maria has acquired Endo Institute located in western city of Timisoara, the largest endometriosis diagnosis... more
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Porsche Romania Sees Over EUR700M Sales in 2019 today, 07:00
Porsche Romania, the largest importer in the country, ended 2019 with 35,332 vehicles delivered, 7% more than in the previous year, according to... more
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Cristian Erbasu Targets Over RON1B Revenue from Construction Business in 2020 today, 00:00
Cristian Erbasu, owner of construction company Constructii Erbasu, has budgeted 1.03 billion lei (EUR217 milion) revenue for 2020, over 20% more... more
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Alexandru Ivan Steps Down As General Manager Of Bucharest Airport Company 01.17.2020
The Executive Board of the Bucharest National Airport Company (CNAB) took note of the resignation of Alexandru Ivan from the position of general... more
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Traffic On Romania’s Top Five Airports Up 6% YoY To 21 Million Passengers 01.17.2020
Romania’s five largest airports, namely, Otopeni (Bucharest), Cluj, Timisoara, Iasi and Sibiu, served over 21 million passengers in 2019, 6% more... more
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Romania Antitrust Body Clears Sano Vita Takeover By Roho Healthy Food Investments 01.17.2020
Romania’s Competition Council on Friday said it has approved a transaction whereby Roho Healthy Food Investments SRL plans to acquire Sano Vita SRL. more
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Dacia Sells Over 55,000 Vehicles in Romania in 2019 01.17.2020
Romanian carmaker Dacia, owned by France's Renault, sold 55,463 vehicles in Romania in 2019, slightly higher compared with 54,593 vehicles in 2018,... more
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Food Supplements Distributor Secom Expects Double Digit Growth in 2020 01.17.2020
Food supplements importer and distributor Secom ended the first ten months of 2019 with EUR19 milion revenue, 12% more than in the year-earlier... more
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Alpha Bank Sells Mall Plot in Timisoara 01.17.2020
Timisoara Centrum, a mall project valued at EUR90 million and announced by Alpha Group Investments and Ali Ergun Ergen in the spring of 2016, was... more
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Romania Sees Second Highest Auto Market Growth in EU in 2019 01.17.2020
Romania saw the second highest rise in the number of new car registrations in the European Union in 2019, 23.4% to 161,500 units in 2019 compared... more
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BT: Romania House Prices After Inflation Adjustment Saw Annual Average Growth Rate Of 3% In 2015-2019 01.16.2020
House prices in Romania grew on average 3% year-over-year, in nominal terms, in the first nine months of 2019, but fell nearly 0.9% after the... more
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Romania Approves RON195M Financial Aid For Tarom 01.16.2020
The Romanian Government has decided in its Thursday meeting that state-owned airline Tarom will receive financial aid of RON195 million from the... more
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Adrian Dumitriu Renounces Position Of CFO At Nuclearelectrica 01.16.2020
Adrian Dumitriu has renounced the position of Chief Financial Officer (CFO) at Romania's state-owned nuclear power producer Nuclearelectrica... more
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Traffic On Otopeni Airport Up 6% To 14.7 Million Passengers In 2019 01.16.2020
Henri Coanda (Otopeni) International Airport, the largest airport in Romania, served 14.7 million passengers in 2019, 6.3% more than in 2018,... more
Private healthcare network Regina Maria has been put up for sale by its owner, Polish buyout investor Mid Europa Partners. The deal
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Romania's government will lower the tax on banks' financial assets and decouple it from money market rates, according to a draft
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Romania's government will postpone until May 31 the enforcing of new share capital requirements for administrators of mandatory private
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Nuclear power company Nuclearelectrica (SNN.RO) on Tuesday concluded a framework agreement with General Electric Global Services GMBH /
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Low-cost airline Blue Air has signed a new bilateral interline agreement with state-run airline TAROM.
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The number of tourists in Romania grew 6.7% in 2018 and the turnover generated by the hotel industry is estimated at EUR1.2 billion,
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Financial analysts’ confidence in Romania’s economy perked up in February compared with January but is still below the level
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Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
