Statistical Office: Romania Retail Sales Grow 7.8% YoY In December 2024

today, 13:58
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 7.8% both in unadjusted data and when adjusted for seasonality and number of working days, in December 2024 compared to December 2023, data from the country’s statistics board INS showed on Thursday (Feb. 6).
ZF NEWSRSS
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Competition Council: Sale Of Telekom Mobile To Vodafone And Digi Stands High Chances Of Approval
today, 17:56
The deal whereby Deutsche Telekom (Germany) and OTE (Greece) Group seek to sell Telekom Romania Mobile operations to Vodafone and Digi stands... more
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HazelHeartwood Inaugurates New HQ In Timpuri Noi Square
today, 16:59
HazelHeartwood, a Belgian management consulting firm, is inaugurating a new headquarters after leasing approximately 400 square meters of gross... more
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E.ON Romania Wants to Reach 1 Million Clients on Energy Solutions and Services Segment from 860,000 Currently
today, 16:46
E.ON Energie Romania, a leading gas and electricity supplier on the local market, wants to reach 1 million clients on the segment of power... more
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Filip & Company Assisted eMAG and HeyBlu IFN in Orange Money Acquisition
today, 11:12
Law firm Filip & Company has legally assisted Dante International (eMAG) and HeyBlu IFN, a financial services company owned by eMAG group, in the... more
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One United Properties Reports EUR227M Worth of Sales and Pre-Sales for 2024
today, 11:01
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, reports total sales and... more
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Transilvania Investments Alliance Wants to Start Buyback Program of Maximum RON92.5M
today, 10:51
Transilvania Investments Alliance is convening its shareholders on March 10, 2025 to approve among others a share buyback program of up to RON92.5... more
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BRD 2024 Net Profit Down 8% To RON1.52B
today, 10:37
BRD Groupe Societe Generale, the fourth largest bank in Romania, in 2024 posted RON1.47 billion net profit, down 9.7% from 2023, and RON3.89... more
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Fortech Investments Reaches Portfolio of 18 Tech Startups, Eyes 2-4 Projects in 2025
today, 10:20
Investment fund Fortech Investments has since its launch in 2021 invested EUR8 million in 18 tech startups, of which EUR2 million were earmarked... more
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Samsung Romania: Smartphone Market Expanded by 3% by Value in 2024
today, 10:12
Romania smartphone market rose by 3% in 2024 by value amid consumers’ penchant for more expensive models and the tendency will maintain this year. more
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New Car Registrations Down 6.4% In January 2025
today, 07:46
New car registrations were down 6.4% to 11,920 units in January, data from Romania’s carmaker association ACAROM show. In comparison, 2024... more
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JYSK Opens Store In Tecuci, Reaches 147 Units In Romania
yesterday, 22:16
Scandinavian home furnishings retailer JYSK continues to expand in Romania and is opening a new store in the town of Tecuci, Galati County, on... more
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Nuclearelectrica Signs RON236M Worth Of Electricity Wholesale Contracts With Energy Distribution Services
yesterday, 21:11
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market via a report on Feb. 4 about the conclusion of four... more
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Antitrust Watchdog Clears Acquisition Of Certain Assets Of Ciech Soda Romania By Aloref And Ascom International
yesterday, 20:41
Romania's Competition Council has approved the transaction through which Aloref S.R.L. and Ascom International S.R.L. plan to acquire the... more
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Electrica Shareholders Approve EUR253M Investment In Crucea Est Wind Farm
yesterday, 20:27
Electrica (stock symbol: EL), a major player on Romania’s electricity distribution and supply market, will grant a loan of EUR253 million to the... more
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Asset Manager Amundi Partners With Retail Broker TradeVille In Romania
yesterday, 18:51
Amundi, the European leader in asset management, is expanding its operations through a new partnership for the distribution of investment funds in... more
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IT&C Solutions Provider M247 Expands To Helsinki, Atlanta And Chicago
yesterday, 18:41
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The Sandbox Buys Blockchain And Web3 Company QED Builders
yesterday, 17:56
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Devhd 2024 Turnover Up 25% YOY To EUR1.3M
yesterday, 17:49
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tbi bank Eyes New Bond Issues In Romania, Greece And Bulgaria To Raise EUR60-80M
yesterday, 14:36
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Filip & Company Elects New Management Team
yesterday, 13:40
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Lion’s Head Buys 15-Ha Land Near Bucharest
yesterday, 13:29
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Brokerage Group XTB Ends 2024 with EUR435M Consolidated Revenues, EUR200M Profit, Up 14.3%
yesterday, 11:26
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Cegedim: Romania Medicine Market Grows 13.8% in 2024 To RON34B
yesterday, 11:16
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Brand Management 2024 Turnover Up almost 40% To RON15M YOY
yesterday, 10:54
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Footprints AI Readies for New Growth Stage, Set to Expand Further in CEE
yesterday, 10:45

The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
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More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
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Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
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Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
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The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
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The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
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Romania 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
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Fiscal 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
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania 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.
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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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