US President Joe Biden Announces $14M Grant for Romania’s SMR Project

yesterday, 16:19

US President Joe Biden at the G7 Leaders’ Summit on Monday announced allocation of a $14 million grant under the Partnership for Global Infrastructure and Investment (PGII) initiative for a new phase of the small modular nuclear reactor development by NuScale in Romania, Nuclearelectrica (SNN.RO) said.

ZF NEWSRSS

Invitation to participate in the audit tender process according to Article 16 of EU Regulation 537/2014 on specific requirements regarding statutory audit of public-interest entities of OMV Petrom SA
today, 08:00

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Carrion Expedition Posts RON314M Revenue in 2021
today, 00:00

Carrion Expedition, the Spanish-owned freight transport company based in Cluj-Napoca, posted RON314.3 million (EUR63.9 million) revenue in 2021,... more
Automotive Part Maker VCST Back into the Black in 2021
yesterday, 21:50

Automotive component manufacturer VCST Automotive Production Alba, the local subsidiary of Belgian group BMT, posted RON151.7 million revenue... more
Grain Trader Agropec Dionis Revenue Rise 63% To EUR57M In 2021
yesterday, 21:21

Grain trader Agropec Dionis ended 2021 with RON282.3 million (EUR57.4 million) revenue, up 62.6% on the RON173.6 million (EUR36 million) of 2020,... more
Bos Automotive Products Romania’s Turnover Up 12% YoY To Over RON410M In 2021
yesterday, 19:16

Car parts producer Bos Automotive Products Romania S.C.S, a subsidiary of Germany’s BOS GmbH&Co. KG, ended 2021 with a turnover of RON410.7... more
Nuclearelectrica Places RON53.5M Term Deposit With Eximbank
yesterday, 18:58

Nuclear power producer Nuclearelectrica (SNN.RO) placed with Romania’s import-export bank Eximbank a term deposit without extension in the amount... more
- Nuclearelectrica Makes Nearly RON400M Term Deposit With CEC Bank
- Nuclearelectrica Makes RON61.3M Term Deposit with Banca Romaneasca
- Nuclearelectrica Places RON60M Term Deposit With Banca Romaneasca
Vimetco Extrusion, ALRO’s Downstream Subsidiary, Opens New Automatic Line For Aluminium Profiles In EUR10M Investment
yesterday, 18:40

ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announced on June 27 that Vimetco... more
Medima Health Opens New Clinic In Braila In EUR1.5M Investment
yesterday, 18:27

Medical operator Medima Health, specialized in medical imaging and radiology, has opened a medical imaging clinic in Braila following an investment... more
Romania Private Lending Grows 16.5% YoY To RON345.2B In May 2022
yesterday, 18:11

Private lending in Romania grew by 16.5% in nominal terms (1.8% in real terms) to RON345.2 billion in May 2022 compared to May 2021, as local... more
Delgaz Grid To Invest EUR4.3M In Upgrade Works On Vicov Transformer Station
yesterday, 17:34

Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, has attracted EUR2.4 million in EU funds from... more
Finance Ministry Raises RON1.44B From Retail Investors Via New FIDELIS Government Bonds Offer
yesterday, 17:10

Romania’s finance ministry listed four new issues of FIDELIS government bonds totaling over RON1.44 billion, on Monday (June 27). The four issues... more
Dacia Plant Eyes RON70M Turnover In 2022
yesterday, 16:55

Dacia Plant, which specializes in manufacturing food supplements and tea, overshot the RON50 million turnover mark in 2021 after a 24%... more
Leier’s Four Romanian Plants Generate Combined Revenue Of RON286M In 2021
yesterday, 16:22

The four building materials factories in Romania of Austrian Leier Group generated combined revenue of RON286 million in 2021. more
- Austria's Leier Merges Its Two Romanian Brick Manufacturers
- Leier Group Invests EUR25M in Two New Concrete Plants in Romania
- Austria's Leier Buys Brick Manufacturer Siceram Sighisoara
- Brikston Iasi Acquired by Austria's Leier After Failed Sale to Wienerberger
Former Cisnadie Carpet Factory in Sibiu Turns into Retail Park
yesterday, 14:13

Real estate developer Zacaria, part of international Alf Mizzi & Sons group, is to open a retail park in Cisnadie, Sibiu County, in the second half... more
Farmaciei Tei Opens Its 7th Unit, In Bucharest's Metav Industrial Park
yesterday, 14:13

Retail pharmacy chain Farmacia Tei, a business set up by entrepreneur Roxana Maftei, reaches seven units after opening a new pharmacy in northern... more
- Dedeman Founders Buy 30% Stake In Tei Group
- Tei Group Rents 10,000 Sqm in Metav Industrial Park
Ericsson’s Romanian Division Reports Net Profit Of Nearly RON22M For 2021, Up 45% YoY
yesterday, 13:20
Three-Month ROBOR Starts June 27-July 1 Week On Upward Trend; Grows To 6.26%
yesterday, 13:05
Photosetup Turnover Soars 63% In 2021, Overshoots RON12M Mark
yesterday, 12:03
Siemens Energy Signs Lease For 7,500 Sqm Of Office Space In Phase 2 Of One Cotroceni Park Project
yesterday, 11:37
Romania Budget Gap Shrinks To 1.57% Of GDP In Jan-May 2022
yesterday, 11:06
CPI Property Takes Lead of Romania Office Space Market
06.25.2022
OTP Bank Sees Romania’s Economy Growing By 4% In 2022
06.24.2022
- OTP Bank Sees Romania’s GDP Growth Below 2% In 2022
Finance Ministry Raises RON595M From Banks On June 23 And 24
06.24.2022
Voxa Steps Into Moldovan Market
06.24.2022
Latvia’s ELKO Reports Record Turnover Of $105M In Romania In 2021
06.24.2022

more news

Colliers: Romania Real Estate Investments Near EUR900M In 2021

Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last

Equity Value of Romanian METRO Branch Is EUR225M

The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.

One Cotroceni Park Project To Host Ford Europe’s Future Services Center In Bucharest

One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has

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

House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,

Five New Companies Listed On Bucharest Stock Exchange To Be Included In FTSE Russell Indices For Emerging Markets

Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging

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

Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system

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

Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to

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?

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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.