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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MedLife Solomed Pitesti Aims to Reach EUR3M Turnover in 2022, Up 20% from 2021 05.19.2022
MedLife Solomed Pitesti is likely to reach turnover worth around EUR3 million this year, 20% higher than last year’s, with the main investment... more
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Hidroplasto Builds Second Plant to Turn PVC Waste into Construction Parts 05.19.2022
Hidroplasto, a Botosani-based company that owns a plant producing construction items from PVC waste, wants to build another plant and aims to reach... more
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Zentiva Posts RON169M Revenue in Q1 05.18.2022
Zentiva (SCD.RO) the largest pharmaceutical producer with facilities of its own in Romania, ended the first quarter of 2022 with growth of 7% in... more
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Undelucram.ro: Most Popular Jobs Are In IT, Retail, BPO&Services, Banking, HR Sectors 05.18.2022
The most sought-after positions, in terms of both jobs and reviews, on the Undelucram.ro platform are in the sectors of IT, retail, BPO, banking... more
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SIF Banat-Crisana Group Buys Tutunul Romanesc Site in Bucharest for EUR33.5M 05.18.2022
SIF SPV TWO, a company of the SIF Banat-Crisana (SIF1.RO) Group, on Wednesday bought the site of the „Tutunul romanesc” plant in Bucharest. The... more
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SIF Hoteluri Switches To RON760,000 Loss In 1Q/2022 From RON4.6M Net Profit In 1Q/2021 05.18.2022
SIF Hoteluri (CAOR.RO), a company almost entirely held by regional investment fund SIF Banat-Crisana (SIF1.RO), on Wednesday reported a net loss of... more
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JLL Romania: Residential Sales Market Expected To See Stagnation And Correction 05.18.2022
The residential sales market is expected to go through a period of stagnation and correction, as harsher lending conditions, inflation and rising... more
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Catinvest Completes Second Stage Of Electroputere Parc Craiova Development 05.18.2022
French real estate group Catinvest has completed the second phase of the Electroputere Parc development and it will soon finalize expansion works... more
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STK Properties Goes Public On AeRO Market
05.18.2022
STK Properties, an investment vehicle founded by the STK Emergent investment fund, focused on the development of real estate projects in... more
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One Herastrau Office Building Reaches 100% Occupancy 05.18.2022
Real estate company One United Properties, which develops residential, mixed-use and office real estate in Romania, on Wednesday said the One... more
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Romania Gets EUR368M Loan From EIB To Build Regional Hospital In Craiova 05.18.2022
Healthcare for 1.9 million people living in south-western Romania will be transformed following construction of a new regional hospital in Craiova... more
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SMTLR01 Pre-emptive Rights Issued For Capital Increase Carried Out By Simtel Team To Be Traded In May 18-24 Period 05.18.2022
The Bucharest Stock Exchange announced that SMTLR01 pre-emptive rights issued for the share capital increase carried out by Simtel Team (SMTL) will... more
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Three-Month ROBOR Spikes To 5.57% A Year On May 18 05.18.2022
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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Grup Serban Holding Invests EUR3M In Increasing Storage, Sorting And Packaging Capacity 05.18.2022
Grup Serban Holding (GSH.RO), a Romanian entrepreneurial company active in several fields in agriculture, on Wednesday said it received the... more
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WDP Rakes In EUR14.6M Rent Income in 1Q/2022 in Romania 05.18.2022
In the first quarter of 2022, Belgium’s WDP posted rent income worth EUR14.6 million related to the 60 properties it owns in Romania. more
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Tulcea-based Fraher Set to Open Dairy Plant in Late 2022 05.18.2022
The milk processing plant of Tulcea-based Fraher, whose construction started in 2020, will be opened at the end of this year in the wake of EUR6... more
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Rompetrol Rafinare 1Q/2022 Losses Widen Ninefold from 1Q/2021 05.18.2022
Financial securities did not protect Rompetrol Rafinare, the company managing Petromidia, Romania’s biggest refinery, from the Ukraine war impact... more
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Instant Factoring, TechVentures Bank Team Up To Support SMEs In Romania 05.17.2022
Instant Factoring, the first Romanian startup providing online microfactoring for small and medium-sized enterprises (SMEs), and Romanian lender... more
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Confidex: Romanian Managers’ Economic Confidence At Highest Level Of Last Two Years 05.17.2022
Romanian managers’ confidence in the local economy has reached the highest level of the last two years, despite 76% of them expecting to be... more
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KeysFin: Local Freight Carriers’ 2021 Turnover May Hit Record High Of RON75B 05.17.2022
The turnover of local freight carriers decreased marginally in 2020, by 0.7% compared to 2019, but remained 36% above the 2016 level, to almost... 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?