IMF Revises Upwards Romania’s GDP Growth Forecast To 4.8% In 2022

today, 19:49

The International Monetary Fund (IMF) has revised upwards its forecast on Romania’s economic growth to 4.8% for 2022, from a previous projection of 3.5% in summer.

ZF NEWSRSS

Antitrust Watchdog Clears Transaction Involving Several Companies In Wind Power Sector
today, 21:41

Romania’s Competition Council on Monday (Sept 26) announced that it approved the takeover of several companies in the wind energy sector by GIP... more
Domeniile Ostrov Sales Rise 7% to RON20M in H1
today, 21:31

Domeniile Ostrov, a 1,300-hectare vineyard in Constanta County, located on the right bank of the Danube, on the Romanian border with Bulgaria,... more
Fortim Trusted Advisors: Investors Exponentially Increased Number Of Retail Parks In Last Three Years
today, 21:03

The ranking of cities with the most modern commercial spaces is led by capital Bucharest which is followed by Timisoara, Cluj-Napoca, Iasi,... more
Romania Officially Requests EUR4B From EIB For Investments In Health And Transport Sectors
today, 20:29

The European Investment Bank on Monday (Sept 26) announced that Romania has formally requested a co-financing of EUR4 billion for investments in... more
- Romania Plans To Borrow EUR4B From European Investment Bank
Chimcomplex Lays Off 400 People
today, 19:49

Chimcomplex (CHOB.RO), which owns the Oltchim and Borzesti chemical plants in Romania, has notified the Bucharest Stock Exchange of a planned... more
S&P: Ukraine War Prompts Entrepreneurs Across Major Industries To Cut Production And Sales Forecasts
today, 19:08

The war in Ukraine has caused entrepreneurs in major industries to reduce production and sales forecasts for the next two years, according to... more
U.S. Dollar Hits Fresh High Versus The Leu; Exchange Rate At 5.1135
today, 18:20

The US dollar hit a new record high against the Romanian currency on Monday (Sept 26), as the central bank’s average reference rate stood at... more
ROCA Industry Adds Harsova-Based Company Dial To Its Portfolio
today, 16:20

ROCA Industry, the construction material holding company of ROCA Investments, continues to expand its portfolio along with the completion of the... more
Connections Consult's Operating Income Up 21% YoY To RON20.8M In 1H/2022
today, 15:10

Connections Consult (CC.RO), a Romanian company specialized in providing software and IT services, said in a stock market report that it ended the... more
PepsiCo Invests $100M In Snacks Factory Near Capital Bucharest
today, 13:46

PepsiCo, one of the leading global food and beverage companies, on Monday announced a $100 million investment in three new operational production... more
DN Agrar 1H/2022 Turnover Soars 241%Vs Year-Earlier Period To RON62.4M
today, 10:59

DN Agrar, a Dutch-held group of firms operating in the fields of animal husbandry, farm production, farming services, logistics, transportation,... more
German-held Builder Geiger Doubles Profit in 2021
today, 10:21

German-held building company Geiger Transilvania in 2021 generated net profit of RON18 million (EUR3.7 million), double the 2020 level. more
Lithuania’s Investment Fund INVL Buys New Solar Power Projects in Romania
today, 10:14

INVL Renewable Energy Fund I, managed by Lithuania’s INVL Asset Management, has bought another 6 solar power projects in Romania, with a capacity... more
Romania, Among Countries with Best Results for Ireland’s CRH in 1H/2022
today, 10:03

Cement producer Romcim, part of Ireland’s CRH, registered solid results in East-European countries in the first six months of this year, with... more
ArcelorMittal Hunedoara Losses Double to RON42.7M in H1
09.23.2022

ArcelorMittal Hunedoara (SIDG.RO), the steel mill owned by ArcelorMittal group, recorded a loss of RON42.7 million in the first half, up from the... more
Romania Private Lending Growth Slows Down to 15.9% YoY in August
09.23.2022
ANCOM Expects at Least EUR450M from 5G Auction This Fall
09.23.2022
Germany’s Optibelt Hits EUR39.4M Turnover in 1H/2022, Up 31% from 1H/2021
09.23.2022
Cluj-Napoca-Based Builder Wincon Set to Invest EUR5M to Expand Production Capacity at Plant
09.23.2022
Group of Firms Maviprod-IRUM Bets on EUR65M Turnover in 2022
09.23.2022
Benvenuti 1H/2022 Turnover Up 37% To RON67M
09.23.2022
Number of Four-Star Hotels Doubles in Ten Years in Romania
09.23.2022
1.4% in Evergent Investments Changes Hands for RON16.1M on Thursday
09.22.2022
Online Retailer DY Fashion Eyes EUR5M Turnover At End-2022
09.22.2022
Finance Ministry Raises RON2162M From Banks On Sept 22
09.22.2022

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Equity Value of Romanian METRO Branch Is EUR225M

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Survey: House Prices/Sqm In Romania Undervalued By About 30% Vs Prices On Other Realty Markets In Europe

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Datacor Set to Develop Greenfield Photovoltaic Projects of 50MW in Transylvania by Yearend

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Romania, a Growth Engine for Logistic Developer CTP

CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction

Ford Assembly Plant In Craiova Produced EUR18B Worth Of Vehicles In Past 12 Years

Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which

Poland’s CCC Set to Bring HalfPrice Outlets to Romania in 2022

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Analysis

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?

Today's figure

Central Bank: Romania's Economic Growth Expected to Decelerate Considerably in 2022 and 2023

Romania’s economic growth is expected to decelerate considerably in 2022 and 2023, after having reached very high dynamics from a historical perspective in 2021, yet significantly lower than previously forecast (in November 2021), the minutes of the monetary policy meeting of Romania’s central bank (BNR) say.