Romania’s Trade Deficit Shrinks 11.8% YoY To EUR8.8B In Jan-April 2023

yesterday, 13:12
Romania's trade balance posted a deficit of EUR8.85 billion in January-April 2023, lower by 11.8% compared with January-April 2022, data from the country's statistics board INS showed on Friday (April 9).
ZF NEWSRSS
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BestJobs: Job Stability Becomes Essential For Most Romanians Amid Economic Uncertainty In 2023
yesterday, 18:13
Job stability has become essential for most Romanians against the backdrop of economic uncertainty in 2023, prompting them to predominantly apply... more
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Nuba Group Acquires Trattoria il Calcio Restaurant Chain In Over EUR1.5M Deal
yesterday, 17:49
The Trattoria il Calcio restaurant chain, which includes five units, was acquired by Nuba Group in a transaction worth over EUR1.5 million. more
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GalicSud To Build Solar PV Park In Mehedinti County; Libra Internet Bank Grants EUR8M Financing
yesterday, 17:31
The company GalicSud based in Ramnicu Valcea is set to build a photovoltaic (PV) park of nearly 200,000 square meters in Mehedinti County, in the... more
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Regina Maria Acquires 51% In Dental Clinic Chain Dr. Leahu
yesterday, 16:28
Private medical clinics chain Regina Maria has acquired 51% in dental clinic chain Dr. Leahu, sources on the capital market told Ziarul Financiar... more
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Nuclearelectrica Signs Support Agreement For Development Of Cernavoda Units 3 And 4
yesterday, 13:33
The Romanian State and nuclear power producer Nuclearelectrica on Friday (June 9) signed a support agreement for the development of the National... more
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NBR Survey: Banks Tightened Lending Standards in 1Q/2023
yesterday, 10:24
Romania lending institutions in the first quarter of 2023 tightened lending standards for all loan categories amid expectations about the overall... more
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Tesla Sold EUR53M Worth Of Cars In Romania In 2022
06.08.2023
Tesla Motors Romania, the company Tesla uses to sell cars in Romania, posted almost RON267 million (EUR53 million) sales in 2022, Finance Ministry... more
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SoftOne Romania Acquires QBS Retail & Logistics; Eyes Over 50% Increase In 2023 Turnover
06.08.2023
SoftOne Romania, the local subsidiary of Greek software solution provider of the same name, has acquired the company QBS Retail & Logistics based... more
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Paint Producer PPG Romania Posts 17% Growth In Revenue To RON357M
06.08.2023
US-held paint producer PPG Romania posted RON357 million revenue in 2022, following a 17% increase in sales, while profit went up, as well, to more... more
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Finance Ministry Raises RON2.6B From Banks On June 8
06.08.2023
Romania's Finance Ministry raised RON2.6 billion from banks on Thursday (June 8), selling government paper maturing in 2038, at an annual average... more
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UniCredit Bank Participated In Granting EUR250M Credit Facility To RCS-RDS Group
06.08.2023
UniCredit Bank has participated, alongside other banks in Romania, to the granting of a syndicated loan worth a total EUR250 million to RCS-RDS... more
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Gebrüder Weiss Romania Invests EUR20M In New Logistics Hub Near Bucharest
06.08.2023
Gebrüder Weiss Romania, one of the leading players on the local transport and logistics solutions market, has started the construction of a new... more
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PwC Romania Promotes Ana Maria Iordache To Partner
06.08.2023
PwC Romania has promoted Ana Maria Iordache to the role of Partner in the Tax and Legal Advisory practice, starting July 1, 2023. more
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IKEA Romania Opens Its Third Store In Romania, In Timisoara, In Over EUR60M Investment
06.08.2023
IKEA Romania, one of the largest furniture and home décor retailers, part of Swedish IKEA Group, has opened on Thursday (June 8) its third store... more
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SII Romania Reports EUR33M Turnover For 2022 – 2023 Fiscal Year, Up 68% YoY
06.08.2023
SII Romania, a company specializing in IT services and solutions, ended the 2022 – 2023 fiscal year with a turnover of EUR33 million, up nearly... more
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tbi bank Partners Up With EuPlatesc.ro To Offer Customers The Buy Now Pay Later Solution
06.08.2023
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eJobs: 86% Of Employees Say Their Rights Were Violated By Employers At Least Once
06.08.2023
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Statistics Board Reconfirms Romania’s 2.3% GDP Growth In Q1/2023 Vs Q1/2022
06.08.2023
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Romania Real Estate Investment Market Ends 1Q/2023 with Deals Worth EUR120M
06.08.2023
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SeedBlink Expands Foothold in Germany, Austria, Switzerland
06.08.2023
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Musette Founders Set to Invest in Energoloop Startup
06.08.2023
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Fashion Giant H&M Sets Up IT Company in Bucharest
06.08.2023
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Premium Porc Aims to Invest EUR10M in 2023
06.08.2023
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E-P Rail 2022 Turnover Edges Up To RON492M in 2022
06.08.2023
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Austrian-held Hirsch Porozell Sees 2022 Turnover Rise 17% To RON240M YOY
06.08.2023

The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
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Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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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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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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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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Central Bank: Romania's Economic Growth Expected to Decelerate Considerably in 2022 and 2023Romania’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.
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