Romania Posts Budget Gap Of 1.23% In Jan-April 2022 Vs 1.75% In Year-Ago Period
yesterday, 20:56
Romania’s general consolidated budget posted RON16.33 billion deficit in the first four months of 2022, lower than the RON20.70 billion level reported in the year-ago period, in line with finance ministry data released on Wednesday (May 25).
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EC: Romania, France, The Netherlands, Portugal, Germany, Spain, Sweden Still Affected By Macroeconomic Imbalances 05.23.2022
The European Commission has concluded that seven countries – Romania, Germany, Spain, France, the Netherlands, Portugal and Sweden – continue... more
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First SMR in Romania to Be Built in Doicesti 05.23.2022
The first small modular reactor project in the world will be built in Romania, in Doicesti (Dambovita County, southern Romania) Energy Minister... more
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TTS Deputy GM Ion Stanciu Buys RON310,000 Worth Of Company Shares 05.23.2022
Ion Stanciu, deputy general manager of river shipping company Transport Trade Services (TTS.RO), has bought shares worth RON308,000 (EUR62,000) in... more
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Law Firm Wolf Theiss Expands Bucharest Team 05.23.2022
Law firm Wolf Theiss has recruited Dana Toma for the position of Counsel and Coordinator of the Real-Estate Practice in capital city Bucharest, and... more
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Unirea Shopping Center Reports RON33M Book Loss For 2021 From RON5M Net Profit In 2020 05.23.2022
Unirea Shopping Center (SCDM.RO), which operates two retail centers in the cities of Bucharest and Brasov, on Monday said it registered a book loss... more
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Agista Buys 15% In Eplus Smart Energy 05.23.2022
Alternative investment fund Agista, part of Impetum Group, is acquiring a 15% minority stake in Romanian company Eplus Smart Energy (Eplus). more
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Aquila To Be Included In FTSE Russell Indices Dedicated To Emerging Markets As Of June 22 05.23.2022
The shares of fast-moving consumer goods (FMCG) distributor Aquila Part Prod (AQ.RO) will be included from June 20 in the FTSE Russell indices... more
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Flip.ro Raises EUR6.5M Funding From eMAG Ventures 05.23.2022
Romanian startup Flip.ro, a marketplace for the purchase and sale of refurbished mobile telephones, has raised a new funding round worth EUR6.5... more
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Deloitte: Half Of Romanians Plan To Buy Electric Cars To Reduce Fuel Cost And Protect The Environment 05.23.2022
Almost half of Romanians would like to buy a hybrid or electric vehicle (46%) in order to lower fuel costs and to protect the environment,... more
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Romania's Central Bank Sets Up Payments Committee 05.23.2022
The Board of Directors of Romania’s central bank has established a Payments Committee. more
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Three-Month ROBOR Starts May 23-27 Week At 5.79% A Year 05.23.2022
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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Omniasig Hits Over RON500M Underwritten Premium Volume in 1Q/2022, Up 40% from Year-Earlier Period 05.23.2022
Omniasig, the biggest company part of Austria’s Vienna Insurance Group (VIG), in the first three months of 2022 posted a gross underwritten... more
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Farmaciile Medimfarm Reaches RON137M Turnover in 2021, Up 7% YOY 05.23.2022
Farmaciile Medimfarm, one of the largest regional networks in pharm retail, ended 2021 with RON137 million turnover, up 7% from 2020. more
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Infomed Fluids 2021 Turnover Up 6% to RON137M YOY 05.23.2022
Drug maker Infomed Fluids, with a production unit in Bucharest, ended 2021 with RON137.7 million, up 6% year-on-year. more
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Colliers: Bucharest Office Market Continued its Rebound in Early 2022 05.23.2022
In the first quarter of 2022, a little more than 70,000 square meters of new modern office spaces were delivered in Bucharest, driving the total... more
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Topanel 2021 Turnover Soars 73% to RON336M YOY 05.23.2022
Thermal-insulating panel producer Topanel of Ramnicu Valcea, controlled by a Cyprus company, reached RON336.1 million turnover in 2021, up 73% from... more
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Romania, Ever More Visible for M&A Market Investors 05.23.2022
2021 was the best of the past five years for Romania’s M&A market in terms of the number of sealed deals. more
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Medical Recovery Clinics Attract Investments of Tens of Million Euros in Romania 05.23.2022
Local entrepreneurs operating on the market of private healthcare services have bet on medical recovery centers of hospitals as demand for such... more
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Romania’s Central Bank Expects Higher Than Forecast Inflation in Dec 2022 and June 2023 05.20.2022
The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until... more
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CEC Bank Posts RON54.2M Net Profit in Q1 05.20.2022
CEC Bank posted RON54.2 million net profit in the first quarter of 2022, as well as RON50.4 billion assets, an increase of 19% on the year-ago... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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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?