Romania's Central Bank Holds Key Rate Steady At 6.5% a Year
10.04.2024
Romania's central bank has decided at its Board meeting on Friday (Oct 4, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024.
ZF NEWSRSS
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Grand Hotel Bucharest Ends H1/2024 With RON5.3M Net Profit, RON20M Revenue
10.04.2024
Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), ended the first half of... more
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New Tezaur Treasury Bills Available As Of Monday, October 7
10.04.2024
Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, October 7, the ministry announced on Friday (Oct 4). more
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ENCORSA-certSIGN Partnership Enables Romanian Companies To Enhance Document-Signing Processes
10.04.2024
Encorsa, the Romanian digital transformation services integrator, has concluded a partnership with certSIGN, a provider of eIDAS-compliant trusted... more
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Competition Council Approves Takeover Of G.I. Industrial Holding S.P.A. By Baxi S.P.A
10.04.2024
Romania's Competition Council approved the transaction whereby Baxi S.p.A intends to acquire G.I. Industrial Holding S.P.A. and its subsidiaries... more
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Petru Pastry Shop Chain Aims to Cross 100-Unit Threshold in 3-5 Years
10.04.2024
Petru pastry shop chain currently operates 70 units in ten counties of Romania, but the company plans to expand further, both on its own and in a... more
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Storia: Average Old and New Apartment Prices Up 15% YOY in September 2024
10.04.2024
Average sale prices of apartments, old and new, in September 2024 posted a 15% jump against the same month of 2023, the latest data from Storia,... more
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Romania M&A Market in Jan-Sept 2024: 198 Deals, Up 8%
10.04.2024
Romania M&A Market in the first nine months of 2024 registered 198 deals, up 8.2%, with the estimated value rising by 22% to $5.2 million, mainly... more
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Wrought Iron Maker Trutzi Reaches over EUR400M Turnover in 2023
10.04.2024
Wrought iron maker Trutzi of Suceava, controlled by entrepreneur Ciprian Nutu, in 2023 generated turnover worth around RON403.8 million (EUR81.6... more
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Glass Processor Moldoglass Sees 2023 Profit Slide 27.7%, To RON4.2M
10.04.2024
Moldoglass, a company operating on the glass processing market, managed by entrepreneur Valentin Sumanaru, for 2023 reported turnover worth RON48.2... more
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Regina Maria Dental Clinics Set to Open Three Units in 2024-2025
10.04.2024
Regina Maria Dental Clinics will open another three new stomatology clinics in late 2024 and early 2025 as the number of unique patients has... more
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Transelectrica Officially Unveils Directorate Members Starting October 3
10.03.2024
National grid operator Transelectrica (stock symbol: TEL) has announced in a stock market report on Thursday (Oct 3) that the company's Directorate... more
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Metropolitan Life Reaches Gross Written Premiums Of RON378M In H1/2024, Up 21% YoY
10.03.2024
Metropolitan Life, the second largest life insurance company in Romania (as per data from Ziarul Financiar daily), announces a 21% annual increase... more
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Mediaposte Hit Mail Group Invests EUR1.5M In Warehouse
10.03.2024
Mediaposte Hit Mail, the main integrator of direct marketing services in Romania, controlled by a branch of the French Postal Operator, invested... more
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Romania's Central Bank Authorizes BLIK ROMANIA Instant Payment System
10.03.2024
The Board of Directors of Romania's central bank authorized on October 1, 2024 the operation in Romania of Polish instant payment system BLIK. more
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Finance Ministry Raises RON1.4B From Banks Via Two Bond Issues On Oct 3
10.03.2024
Romania's Finance Ministry raised RON1.42 billion from banks on Thursday (Oct 3), selling government paper in two auctions, at annual average... more
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Brand Management: 8 In 10 Shopping Mall Visitors Recall The Ads Seen In Malls
10.03.2024
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Alro Slatina Commissions New Aluminium Cutting Facility In Wake Of RON13.7M
10.03.2024
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Poland's Polenergia Acquires Remaining 40% Stake In Naxxar Wind Farm Four
10.03.2024
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Clifford Chance Badea Assisted NEPI Rockcastle In Its Latest Green Bonds Issue Worth EUR500M
10.03.2024
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Drug Wholesaler Dona.Logistica Expects 20% Turnover Growth in 2024
10.03.2024
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eJobs: Remote Jobs Are on the Decline in Romania
10.03.2024
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Law Firm PeliPartners Assisted Alfa Group in Acquisition of IRIDE Business Park from CPI Group
10.03.2024
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Bonapp.eco Reaches 350,000 Users
10.03.2024
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Alexandrion Group Marks 18th Anniversary Of Brancoveanu Vinars Brand
10.02.2024
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Leroy Merlin Opens EUR2M Store In Pitesti
10.02.2024
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
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
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.
Today's figure
Deloitte: Romania Retains Third Position Among Countries with Cheapest Housing in EuropeRomania continues to rank third among European countries with the cheapest housing, after Bosnia and Herzegovina and Greece, with an average price of EUR1,504/sqm in 2023 for a new home, slightly up from EUR1,461/sqm in 2022, in line with Deloitte Property Index 2024 survey conducted on the basis of data from the main cities of 24 countries.
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