Romania's Annual Inflation Accelerates To 5.1% In November 2024
today, 12:48
Romania's annual inflation climbed to 5.1% in November 2024, compared with 4.7% in October 2024, data from the country's statistics board INS showed on Wednesday (Dec. 11).
ZF NEWSRSS
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Grain Trader Agricultorul Reports EUR128.4M Turnover For 2023, Up 19.1% YoY
today, 21:37
Bacau-based Agricultorul, a grain and fertilizer trader, ended 2023 with a turnover of RON635.3 million (EUR128.4 million), up 19.1% from RON533.4... more
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DIGI Starts Commercial Operations in Belgium
today, 20:43
Starting from December 11, 2024, DIGI is expanding its commercial operations in Europe and launching fiber-optic broadband internet, as well as... more
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Patria Credit Signs Agreement With European Investment Fund For Nearly RON300M Loan Guarantees To Farmers
today, 19:30
Patria Credit IFN SA, a non-bank financial institution part of Patria Bank Group, has announced on Dec. 11 that it has signed an agreement with the... more
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Statistics Board: Net Investment In Romania Up 2.6% YoY To RON130.9B In January-September 2024
today, 18:24
Net investment in Romania's economy increased by 2.6% on the year in the first nine months of 2024, to RON130.953 billion, the country's statistics... more
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Romania's Antitrust Body Looks Into Telekom Acquisition By Vodafone Romania And Digi Romania
today, 17:37
Romania's Competition Council is looking into the transactions through which Vodafone Romania S.A. intends to take over Telekom Romania Mobile... more
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Statistical Data: 42,312 Housing Units Put Into Use In Romania In Jan-Nov 2024
today, 17:12
A total of 42,312 housing units were put into use in Romania in January-November 2024, fewer by 7,681 units than in the same period of 2023, data... more
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Braiconf Relaunches Online Store, Expands Portfolio
today, 10:21
Apparel producer Braiconf, with a 70-year history, is relaunching its online store in parallel with the expansion of its portfolio, dedicated until... more
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Zentiva Readies New Production Investments in Romania
today, 10:10
Drug producer Zentiva plans new production investments in Romania and wants to bring new products to manufacture in Bucharest, explained Simona... more
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The Bucharest Stock Exchange Mulls Options for Creating Stock Exchange in Chisinau
today, 10:02
The Bucharest Stock Exchange (BVB), the operator of the local capital market, is exploring options to create a Stock Exchange in Chisinau, together... more
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Agroland Aims to Open 10 New Stores in 2025
today, 09:52
Romanian entrepreneurial group Agroland Business System, which owns the largest network of farm supply store chain in Romania, is investing in ten... more
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Garanti BBVA Leasing Takes Out EUR20M Loan from BSTDB To Aid Romania SMEs
today, 09:44
Garanti BBVA Leasing, part of Garanti BBVA Romania, is strengthening its commitment to support SMEs in Romania by taking out a EUR20 million loan... more
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Intersport Puts Romanian Nicolae Mogos In Charge Of Its Local Operations
yesterday, 23:39
Sporting goods retailer Intersport, one of the most powerful actors in this market by turnover and number of stores, has appointed Romanian... more
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HAVI Logistics Switches To RON2.8M Net Profit In 2023 vs RON9.9M Loss In 2022
yesterday, 21:42
Havi Logistics, one of the largest transportation and logistics companies in Romania and one of the world's largest operators in the world for... more
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Foraj Sonde Videle Signs Contract Of Over EUR10M For Geothermal Drilling Works
yesterday, 19:59
Oil drilling company Foraj Sonde Videle (stock symbol: FOJE) has signed a contract of over EUR10 million targeting geothermal drilling works for... more
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Mircea Cotiga Takes Over As CEO Of TechVentures Bank
yesterday, 18:57
Mircea Cotiga, with 16 years of experience in the financial sector and six years as entrepreneur, has taken over the position of Chief Financial... more
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Romania's Antitrust Watchdog Sets Off Inquiry Into Sporting Goods Market
yesterday, 16:48
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Romania's Central Bank Approves Internal Regulation On General Framework For Emergency Liquidity Assistance
yesterday, 16:34
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BCR Seed Starter Announces Its First Investment: EUR500,000 In FieldOS
yesterday, 16:16
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Regina Maria Relocates Policlinica Baneasa Clinic To Baneasa Airport Tower Building In Wake Of EUR5M Investment
yesterday, 16:03
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Romania’s Trade Deficit Widens 17% YoY To EUR27B In January-October 2024
yesterday, 13:20
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Colliers: Romania Real Estate Investment Market Ends 9M 2024 with Deals of Nearly EUR650M, Boasting Strongest Deal Activity Growth in CEE
yesterday, 11:23
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Techbolide Signs with Sweden’s Vastint to Relocate Headquarters to Business Garden Bucharest Project from Orhideea
yesterday, 10:51
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Largest Baltic Area Investment Fund Buys Paper Maker Pehart Grup Romania
yesterday, 10:24
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IPEC Alba Iulia Ends 2024 with EUR27.6M Turnover
yesterday, 10:10
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Stay Fit Gym Aims to Reach 70 Fitness Centers in 2025
yesterday, 09:23
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.
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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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