CFA Analysts Expect GDP Growth of 2.9% in 2022, See Leu at 5.11 Units/Euro, Annual Inflation At 9.5% in Next 12 Months
today, 10:31
Financial analysts part of CFA Romania association expect the Romanian leu to decline to an average of 5.1125 units to the euro in the next 12 months, while the estimated inflation rate will hit on average 9.50%, a new all-time high since the launch of the monthly poll CFA has conducted for over ten years.
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Romania Budget Gap Shrinks To 1.57% Of GDP In Jan-May 2022 06.27.2022
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OTP Bank Sees Romania’s Economy Growing By 4% In 2022 06.24.2022
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Finance Ministry Raises RON595M From Banks On June 23 And 24 06.24.2022
Romania's finance ministry raised RON595 million on Thursday (June 23) and Friday (June 24), selling bonds maturing in October 2034, at an annual... more
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Voxa Steps Into Moldovan Market 06.24.2022
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Latvia’s ELKO Reports Record Turnover Of $105M In Romania In 2021 06.24.2022
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Romania’s Insurance Market Surges 46% to RON4.66B in Q1/2022 06.24.2022
Romania’s insurance market reached a volume of underwritten gross premiums of RON4.66 billion in the first three months of 2022, a record... more
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Simtel Team To Install Over 10,000 Photovoltaic Panels On Buildings Of Carmistin Group 06.24.2022
Simtel Team (SMTL.RO), a Romanian engineering and technology company, announced on Friday (June 24) the signing of a partnership with Axell Green... more
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Roshen One Makes EUR34M Revenue from Selling Chocolate in Romania 06.24.2022
Roshen One, part of the international group in the chocolate sector Roshen of Ukrainian billionaire Petro Poroshenko, posted RON167.9 million (some... more
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MedLife Fully Acquires Medicris Oradea Group 06.24.2022
MedLife, the leader of the private medical services market in Romania, announced on Friday (June 24) the acquisition of the full package of shares... more
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Raiffeisen Bank Takes Its Third Green Bonds Issue To Bucharest Stock Exchange 06.24.2022
Raiffeisen Bank, key player in the Romanian banking sector, is listing a new issue of green bonds, worth RON525 million, at the Bucharest Stock... more
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MG TEC Industry Exports 60% Of Paper Production 06.24.2022
Tissue paper manufacturer MG TEC Industry, based in Dej and founded in 2018 by entrepreneur Vasile Hasmasan, distributes 60% of its products to... more
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Burger King Romania’s Turnover More Than Doubles YoY To RON54M In 2021 06.24.2022
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Synevo Romania Sees 40% Growth in Revenue to RON447M in 2021 06.23.2022
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Finance Ministry Raises RON550M From Banks At 9.07% Yield 06.23.2022
Romania's finance ministry raised RON550 million on Thursday (June 23), above the planned level of RON300 million, selling bonds maturing in 2034,... more
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Raffaello Shoes Factory Sees Net Profit Growing Tenfold In 2021 To Over RON7M 06.23.2022
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Furniture Maker Lemet Investments Reach EUR7M In H1 06.23.2022
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OMV Petrom Starts Production Of Sustainable Aviation Fuel At Petrobrazi 06.23.2022
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Beltrame Group Starts Rebar Production After Acquisition Of COS Targoviste 06.23.2022
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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?