Economic Forecast Commission Revises Up Romania's 2022 GDP Growth Projection To 3.5% From 2.9%

yesterday, 11:06
Romania's national strategy and forecast commission has revised upward its 2022 gross domestic product (GDP) growth estimate to 3.5% from 2.9% against the backdrop of improved economic performance in the first half of the year, according to Ziarul Financiar (ZF) daily.
ZF NEWSRSS
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SeedBlink Makes First Acquisition for Accelerated Expansion in Europe
yesterday, 21:58
SeedBlink, a local company founded in early 2020 that created a platform for co-investing in tech start-ups, has fully acquired Symbid, one of the... more
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C&W: Bucharest Expected To Deliver 134,000 Sqm Of Office Space In 2022 And 2023, Way Below Last Years’ Level
yesterday, 21:50
Capital city Bucharest is expected to deliver 134,000 square meters of office space in 2022 and 2023, way below the level of deliveries recorded... more
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France’s Alten Continues Development in Romania
yesterday, 21:29
Alten Romania, the local subsidiary of the French company of the same name, which carries out engineering and technical consulting activities for... more
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Slovenia’s Isosport Buys Plant in Oradea
yesterday, 21:16
Slovenian company Isosport, a manufacturer of plastic products for the ski and snowboard industry, has bought a factory in Oradea, with an annual... more
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SIF Oltenia Exits EximBank for RON42.4M
yesterday, 20:53
SIF Oltenia (SIF5.RO) has completed procedures to exit the shareholder structure of EximBank and collected RON42.4 million for its 3.27% stake,... more
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Electrica Extends Interim CEO Of Alexandru Chirita
yesterday, 20:16
Electricity distributor and supplier Electrica (EL.RO) Board of Directors has extended the interim CEO term of Alexandru Chirita until the end of... more
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Romanian Deep-tech Startup OxidOS Raises EUR1.2M In Seed Funding Round
yesterday, 17:55
Romanian deep-tech startup OxidOS has raised EUR1.2 million in a seed funding round led by Early Game Ventures (EGV) and joined by renowned... more
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Belgium’s WDP Acquires Arad Business Park
yesterday, 17:44
Belgian logistics space developer WDP has acquired the industrial park Arad Business Park which covers almost 42,000 square meters. more
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PwC Romania Promotes Seven Directors In Tax, Assurance And Advisory Departments
yesterday, 17:32
PwC Romania expands its management team by promoting seven new directors within the company’s three service lines: Tax and Legal Consulting,... more
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CBRE: Almost 500,000 Sqm Of Logistics Spaces Leased In 1H/2022, 38% More YoY
yesterday, 17:06
Approximately half of million square meters of logistics spaces was leased in Romania in the first half of 2022, according to a report real estate... more
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Romania’s Courier Services Market Seen Overshooting RON6B In 2022
yesterday, 16:41
Romania’s courier services market continues its upward trend in 2022 but is expected to see more moderate growth versus the last two years, of... more
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TRW Automotive Safety Systems’ Net Profit Doubles YoY To Over RON55M In 2021
yesterday, 16:07
Airbag manufacturer TRW Automotive Safety Systems, part of Germany’s ZF Group, on Tuesday reported a net profit of RON55.3 million (EUR11.3... more
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Luxembourg’s Skiptrans Reports RON329M Turnover In Romania In 2021
yesterday, 15:38
Skiptrans, part of Jost Group, an international carrier located in Luxembourg and Belgium, had a turnover of RON329.2 million (almost EUR67... more
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Three-Month ROBOR Keeps Downward Trend, Reaches 7.96% On August 16
yesterday, 14:24
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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Aquila Sees Two of Its Brands Post Double-Digit Growth in H1
yesterday, 14:16
Aquila (AQ.RO), the leading player in the local market for integrated distribution and logistics services, announces that its own brands Gradena... more
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WIP Industries Romania Turnover Up 37.5% YoY To Over RON52M
yesterday, 14:06
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CEC Bank Posts RON110.8M Net Profit in H1
yesterday, 14:01
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Huf Romania 2021 Turnover Up 70.4% YoY To Neary RON330.3M
yesterday, 12:55
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Argus Constanta Turnover Triples To RON200M; Net Profit Grows 11-Fold To RON28M YoY In 1H/2022
yesterday, 12:05
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SeedBlink Acquires Symbid
yesterday, 11:41
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SIF Oltenia Profit Grows Fivefold YoY To RON144M In 1H/2022
yesterday, 11:29
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Farmaceutica Remedia Profit Drops to RON3.7M in H1
08.12.2022
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Aerostar Bacau Sees Net Profit Rise 36% to RON48.8M in Jan-June
08.12.2022
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Automotive Component Maker Compa Sibiu Net Profit Shrinks to RON4.7M in H1
08.12.2022
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Romania’s Current Account Deficit Rises 71% YoY to EUR12.2B in H1
08.12.2022

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