Romania Banks Granted RON114B Worth of Loans to Households and Companies in Jan-Aug 2024, Up 28%
yesterday, 11:35
Banks in Romania granted households and companies loans totally worth almost RON114 billion in January-August period, 28% more than in the same period of 2023, in line with data provided by the Romanian Banking Association (ARB).
ZF NEWSRSS
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Fortim Trusted Advisors: Cluj-Napoca Posts Record High Office Space Leasing Deals in Jan-Sept 2024
today, 11:12
Cluj-Napoca in the first nine months of 2024 registered a record high number of office space leasing deals, generating 825 of the area traded... more
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Delgaz Grid Set to Operate Gas Network of Remetea and Sineu in Wake of RON57M Investment
today, 10:55
Natural gas and electricity distribution company Delgaz Grid, a member company of the E.ON Romania group, has starting October become the operator... more
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New Car Registrations in Romania Up 4.3% To over 115,000 Units in Jan-Sept 2024 YOY
today, 10:25
New passenger car registrations in Romania rose by 4.3% in January-September 2024 against the same period of last year, to 115,509 units, while at... more
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Local Startup easySales is Present in 5 Countries, Targets EUR1M Revenues at End-2024
today, 10:01
Local startup easySales, which which set up an automated B2B management and e-commerce platform, has expanded to several countries in the region,... more
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Louis Vuitton Supplier Somarest Sibiu Sees Turnover Rise 24.5% in 2023 To RON351.1M
today, 09:52
Somarest Sibiu, part of LVMH group, the world’s leading luxury industry player, in 2023 posted turnover worth RON351.1 million (around EUR71... more
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Mondelez Clinceni Plant Exports to 28 Countries
today, 09:46
Mondelez, the snacks industry giant including brands such as Milka, TUC, Oreo and Chipita in its portfolio, has invested around EUR30 million in... more
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ThaiCo Spa Center Network Expands Outside Bucharest
today, 09:35
ThaiCo spa center network, with four units in Bucharest, is operating its first investment outside Bucharest, in Cluj-Napoca, in a location with a... more
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Electrica Set To Borrow Up To EUR200M From European Investment Bank For Distributie Energie Electrica Romania
yesterday, 22:14
Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 21 that it called shareholders for a... more
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MedLife Extends Mihai Marcu's CEO Mandate By Four More Years
yesterday, 21:26
Private healthcare company MedLife (stock symbol: M) has announced in a stock market report on Oct 21 that the mandates of the Executive Board... more
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FAN Courier Leases 4,500 Sqm In CTPark Deva
yesterday, 20:30
FAN Courier, leader of Romania courier services market, has signed a leasing contract for 4,500 square meters in the CTPark Deva logistics project. more
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Mega Image Owner Ahold Delhaize Seeks To Hire 30 More IT Experts At Bucharest Technology Center
yesterday, 20:05
Dutch-Belgian group Ahold Delhaize, the owner of supermarket and proximity store network Mega-Image, plans to hire 30 more IT experts by the end of... more
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Finance Ministry Raises RON990M From Banks On Oct 21
yesterday, 16:00
Romania's Finance Ministry raised RON990 million from banks on Monday (Oct 21, 2024) selling benchmark bonds, above the planned amount of RON500... more
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Speedwell Appoints Andreea Comsa As Commercial Director
yesterday, 15:16
Speedwell Development, one of the most active real estate developers in Romania, announces the appointment of Andreea Comsa to the position of... more
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Nestlé Romania Sees 5.7% Organic Growth In Jan-Sept 2024
yesterday, 13:31
Nestlé Romania reported solid organic growth of 5.7% for the first nine months of 2024, which reflects the team’s commitment to delivering... more
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Dr. Max Group Leases almost 12,000 Sqms of Logistic Spaces and Offices in ELI Park Iasi
yesterday, 11:51
Dr. Max, a major player on Romania’s pharma market, has signed a leasing contract for 11,800 square meters in ELI Park Iasi, a project part of... more
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AROBS Set to Develop Control System for Satellite Proximity Operations
yesterday, 11:05
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One United Properties Reports EUR190.6M Residential Sales and Pre-Sales in Jan-Sept 2024
yesterday, 10:14
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Electromagnetica Puts Entire EV Charging Station Production Business Up for Sale
yesterday, 09:52
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Space of Former Bucharest Eva Fashion Store Sold by Bluehouse Capital To Local Investor for EUR8M
yesterday, 09:43
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Paper Bag Maker Barleta Boosts Production Capacity by 15%
yesterday, 09:32
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Mobile Industrial Robots Launches Software Platform MiR Fleet Enterprise
10.18.2024
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KPMG Assisted Token Payment Services In Getting Greenlight From Romania's Central Bank As Payment Institution
10.18.2024
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Casa Rusu Stores Go Insolvent As Founders Seek To Save Furniture Manufacturing Operations Of Rus Savitar
10.18.2024
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Statistics Board: Romanian Construction Works Down 3.1% YoY In January-August 2024
10.18.2024
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Transelectrica Close To Completing New Overhead Power Line
10.18.2024
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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