Fitch Ratings: Romania Election Does Not Allay Medium-Term Fiscal Uncertainty
12.11.2020
Romania’s general election result points to continued political uncertainty and hence a still-challenging policy-making environment and the need to pass a 2021 budget will be a near-term test of the next administration’s cohesion and an indication of likely fiscal policy settings, Fitch Ratings said
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Romania Tax Administration Collects RON179.9B In Tax Revenue In 1H/2022 08.08.2022
Romania's tax administration ANAF collected RON179.9 billion in tax revenue in the first half of 2022, higher by RON33.7 billion (+23.1%) than... more
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Deloitte: Watching TV And Movies At Home Remains Favorite Leisure Activity For Consumers Of All Ages 08.04.2022
Watching TV and movies at home remains the favourite leisure activity for consumers of all ages, according to the latest edition of the Deloitte... more
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Former Clujana Shoe Factory Turned Into Largest Creative Hub In Transylvania 07.29.2022
The former Clujana shoe factory, an industrial heritage space of 2200 square meters currently held by the local authorities in Cluj Napoca, was... more
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Deloitte: Eight In Ten Romanians Believe Human Activities Cause Climate Change 07.14.2022
Eight in ten Romanians believe that climate change is caused by human activities and 67% of them have already adjusted their purchasing behavior to... more
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Study: Bucharest Ranked The Most Cost-Effective City In Europe For Remote Or Hybrid Workers 07.11.2022
A new study shows which European cities are most cost-effective for remote or hybrid working, with Bucharest holding the top spot. more
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Central Bank: Romanians’ Real Estate Assets Up Almost 21% In 2020 And 2021 07.07.2022
Romanians’ real estate assets have continued to grow in 2020 and 2021, the two years of the COVID-19 pandemic, by RON360 billion, respectively... more
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OMV Petrom's Sustainability Report For 2021: EUR11M Spent On Social Projects 06.30.2022
OMV Petrom, the largest integrated energy company in South-Eastern Europe, on Thursday (June 30) published the Sustainability Report for 2021. more
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European Commission Revises Its Forecast On Romania's Wheat Crop Downwards 06.28.2022
For the third month in a row, the European Commission is revising its forecast downwards for Romania's winter crops, including the grain... more
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Survey: Inflation, Romanians’ Top Concern 06.21.2022
76% of Romanians are concerned about a possible economic crisis that might impact their financial situation, as per the latest edition of the UNSAR... more
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Eurostat: Romania Overtakes Greece By Purchasing Power In 2021 06.21.2022
Actual Individual Consumption (AIC) is a measure of material welfare of households. In 2021, AIC per capita expressed in Purchasing Power Standards... more
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European Commission Approves EUR500M Afforestation Scheme For Romania 06.21.2022
Private and public owners of plots of land appropriate for afforestation are offered grants under a EUR500 million scheme 100% funded under the... more
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Survey: Only 5% Of Romanian Employees Now Have Their Childhood Dream Jobs 05.30.2022
Childhood dreams do not fit into adult responsibilities, as per a survey by recruitment platform BestJobs that marks the upcoming Children's Day. more
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Bucharest Unemployment Rate At 1.1% In April 2022 05.27.2022
Capital city of Bucharest registered 13,537 jobless people (of whom 7,163 women) at the end of April 2022, taking the unemployment rate to 1.10%,... more
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European Commission OKs EUR100M Romanian State Aid Scheme To Support Forest Regeneration 05.25.2022
The European Commission (EC) has approved a Romanian scheme worth EUR100 million to support the regeneration of damaged forests and the scheme will... more
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EY: Romanians Express Concern Over Future Economic Situation 05.10.2022
Romanians are worried about the future economic situation, therefore, an overwhelming proportion say they intend to save more (68%) and invest in... more
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Eurobarometer: Most Romanians Say The EU Has Shown Solidarity With Ukraine Since War Started 05.06.2022
Most Romanians believe that since the war started in Ukraine, the EU has shown solidarity (78%) and has been united (70%) and fast (64%) in its... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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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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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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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?