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BestJobs: Job Stability Becomes Essential For Most Romanians Amid Economic Uncertainty In 2023

Fri, 09 Jun 2023 15:13:01 GMT

Job stability has become essential for most Romanians against the backdrop of economic uncertainty in 2023, prompting them to predominantly apply for jobs with disclosed salaries in advertisements or in fields that have proven resilient to crises, such as Sales, Accounting, Engineering, IT, and Production/Logistics, as per data from recruitment platform BestJobs.

Nuba Group Acquires Trattoria il Calcio Restaurant Chain In Over EUR1.5M Deal

Fri, 09 Jun 2023 14:49:43 GMT

The Trattoria il Calcio restaurant chain, which includes five units, was acquired by Nuba Group in a transaction worth over EUR1.5 million.

GalicSud To Build Solar PV Park In Mehedinti County; Libra Internet Bank Grants EUR8M Financing

Fri, 09 Jun 2023 14:31:00 GMT

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 Izvoru Barzii commune, for which Libra Internet Bank is granting financing of EUR8 million, the lender said on Friday (June 9).

Regina Maria Acquires 51% In Dental Clinic Chain Dr. Leahu

Fri, 09 Jun 2023 13:28:24 GMT

Private medical clinics chain Regina Maria has acquired 51% in dental clinic chain Dr. Leahu, sources on the capital market told Ziarul Financiar (ZF) daily.

Nuclearelectrica Signs Support Agreement For Development Of Cernavoda Units 3 And 4

Fri, 09 Jun 2023 10:33:25 GMT

The Romanian State and nuclear power producer Nuclearelectrica on Friday (June 9) signed a support agreement for the development of the National Strategic Project Units 3 and 4 at the Cernavoda nuclear power plant.

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

Fri, 09 Jun 2023 10:12:10 GMT

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).

NBR Survey: Banks Tightened Lending Standards in 1Q/2023

Fri, 09 Jun 2023 07:24:44 GMT

Romania lending institutions in the first quarter of 2023 tightened lending standards for all loan categories amid expectations about the overall economic situation, monetary or macroprudential policy decisions and the current or expected situation of bank capital, reveals Romania central bank’s quarterly survey.

Tesla Sold EUR53M Worth Of Cars In Romania In 2022

Thu, 08 Jun 2023 20:41:31 GMT

Tesla Motors Romania, the company Tesla uses to sell cars in Romania, posted almost RON267 million (EUR53 million) sales in 2022, Finance Ministry data show. Last year was Tesla’s first full year in business in Romania.

SoftOne Romania Acquires QBS Retail & Logistics; Eyes Over 50% Increase In 2023 Turnover

Thu, 08 Jun 2023 20:08:44 GMT

SoftOne Romania, the local subsidiary of Greek software solution provider of the same name, has acquired the company QBS Retail & Logistics based in Brasov (central Romania).

Paint Producer PPG Romania Posts 17% Growth In Revenue To RON357M

Thu, 08 Jun 2023 19:50:41 GMT

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 than RON50 million and the average number of employees remained at about 385, the latest data on the Finance Ministry website show.

Finance Ministry Raises RON2.6B From Banks On June 8

Thu, 08 Jun 2023 19:09:23 GMT

Romania's Finance Ministry raised RON2.6 billion from banks on Thursday (June 8), selling government paper maturing in 2038, at an annual average yield of 7.04%.

UniCredit Bank Participated In Granting EUR250M Credit Facility To RCS-RDS Group

Thu, 08 Jun 2023 18:38:00 GMT

UniCredit Bank has participated, alongside other banks in Romania, to the granting of a syndicated loan worth a total EUR250 million to RCS-RDS Group.

Gebrüder Weiss Romania Invests EUR20M In New Logistics Hub Near Bucharest

Thu, 08 Jun 2023 18:08:51 GMT

Gebrüder Weiss Romania, one of the leading players on the local transport and logistics solutions market, has started the construction of a new logistics hub in Popesti Leordeni, in the south-eastern part of Bucharest, and the investment reaches EUR20 million.

PwC Romania Promotes Ana Maria Iordache To Partner

Thu, 08 Jun 2023 17:44:17 GMT

PwC Romania has promoted Ana Maria Iordache to the role of Partner in the Tax and Legal Advisory practice, starting July 1, 2023.

IKEA Romania Opens Its Third Store In Romania, In Timisoara, In Over EUR60M Investment

Thu, 08 Jun 2023 15:39:23 GMT

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 in Romania, in the locality of Dumbravita, near Timisoara (western Romania).

SII Romania Reports EUR33M Turnover For 2022 – 2023 Fiscal Year, Up 68% YoY

Thu, 08 Jun 2023 15:12:49 GMT

SII Romania, a company specializing in IT services and solutions, ended the 2022 – 2023 fiscal year with a turnover of EUR33 million, up nearly 68% versus the previous fiscal year, according to company representatives.

tbi bank Partners Up With EuPlatesc.ro To Offer Customers The Buy Now Pay Later Solution

Thu, 08 Jun 2023 14:25:04 GMT

tbi bank has concluded a partnership with payment processor EuPlatesc.ro, which works with almost 2,000 merchants, in order to offer consumers the possibility of paying their purchases in installments.

eJobs: 86% Of Employees Say Their Rights Were Violated By Employers At Least Once

Thu, 08 Jun 2023 13:36:23 GMT

The latest survey carried out by eJobs Romania shows that 86% of employees felt at least once during their professional career that their rights were violated by employers.

Statistics Board Reconfirms Romania’s 2.3% GDP Growth In Q1/2023 Vs Q1/2022

Thu, 08 Jun 2023 12:28:57 GMT

Romania’s gross domestic product grew by 2.3% in real terms (in unadjusted data) in the first quarter of 2023 as compared to the first quarter of 2022, due primarily to commerce, IT&C, constructions and net taxes, while the industry had a negative contribution to the GDP evolution, provisional (1) estimates from the country's statistics board INS showed on Thursday (June 8).

Romania Real Estate Investment Market Ends 1Q/2023 with Deals Worth EUR120M

Thu, 08 Jun 2023 07:54:34 GMT

Romania’s real estate investment market ended the first quarter of 2023 with deals worth EUR120 million, accounting for almost 10% in CEE-6 volume, reveals a Colliers analysis.