EY: Romania Granted EUR1.3B via State Aid in 2019-2023
yesterday, 11:09
The total value of state aid approved in Romania during the 2019-2023 period reached EUR1.3 billion and 62% of approved state aid projects were granted to foreign companies, shows an EY Romania analysis.
ZF NEWSRSS
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Grup Serban Holding Gets EUR73M Syndicated Loan From Banca Transilvania, BRD, Raiffeisen Bank
today, 00:42
Entrepreneurial company Grup Serban Holding (stock symbol: GSH), which operates in agriculture, has announced in a stock market report on Dec. 23... more
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Turism Felix Administrators Approve Franchise Contract With Accor Hotel Services Magyarország Kft. Budapest
today, 00:33
The Board of Directors of Romanian company Turism Felix (stock symbol: TUFE), which manages five hotels in Baile Felix resort of Bihor county, has... more
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Global Archive Management Ends 2024 With 18% Higher Turnover, Of RON18M
yesterday, 23:01
Global Archive Management (GAM), a local company specializing in document archiving services, ends 2024 with an 18% increase in turnover compared... more
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Ioana Baniceru Takes The Helm Of Brokers And Partnerships Division Of Allianz-Tiriac Asigurari
yesterday, 21:41
Ioana Baniceru, deputy general manager of Allianz-Tiriac Unit (the former Gothaer Romania), was appointed Director of the Division of Brokers and... more
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Masterbrok Becomes Shareholder Of Certinvest With 9.9% Ownership Stake
yesterday, 19:46
Investment fund manager SAI Certinvest has announced that financial education company Masterbrok SRL joined its shareholding structure, with an... more
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Bucur SA Bucuresti Seeks To Sell Land In Bucharest, Minimum Starting Price At EUR7M
yesterday, 19:20
Bucur SA Bucuresti (stock symbol: BUCV), a company engrossed in selling food products, spirits and coffee, and in property lease, has announced in... more
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Profi Gets EUR20M Loan From Banca Transilvania, EBRD Guarantees Up To EUR10M
yesterday, 18:41
The European Bank for Reconstruction and Development (EBRD) has announced in a press statement a partnership with lender Banca Transilvania to... more
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Adriana Dereli Appointed Country Manager For Mogyi Romania
yesterday, 17:28
Adriana Dereli was appointed country manager for snack wholesaler Mogyi Romania, according to a LinkedIn post. more
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Competition Council Starts Public Debate On Railway Tariff Principles Guide
yesterday, 14:55
Romania's National Railway Supervision Council (CNSDF), part of Romania's Competition Council, is submitting to public debate the “Guide on... more
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UniCredit Bank Lists LEI 750M Bond Issue on Bucharest Stock Exchange
yesterday, 14:35
UniCredit Bank, part of the UniCredit Group and one of the largest banking institutions in Romania, is listing a new corporate bond issue worth... more
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Butchery Shop Chain Carne si Sare Wants to Enter Bucharest Market
yesterday, 10:56
Butchery shop chain Carne si Sare, a concept developed by Viorel Chirita and Dragos Safta, wants to open one or two units in 2025, with one in... more
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Builder Taffo Projects RON90M Turnover in 2024
yesterday, 10:49
Taffo, a construction company of Baia Mare owned by three shareholders, expects to end the current year with turnover worth around RON90 million... more
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Austria’s Egger Reaches 925 Employees in Romania
yesterday, 10:42
Egger Romania, part of Austria’s a supplier of wood-based material for furniture industry and interior decorations, construction and flooring... more
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ASA CONS Expects around EUR33M Turnover in 2024
yesterday, 10:33
Romanian precast concrete product manufacturer ASA CONS, owned by CONSOLIS group, estimates it will end 2024 with turnover of between EUR32.5-33... more
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Romania Recruitment Market Most Likely to Stagnate in 2025
yesterday, 10:22
2024 has proved to be a complicated year for the entire economy and the recruitment sector has felt the pressures. Next year will bring stagnation... more
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Evopack Set to End 2024 with EUR8.7M Turnover
yesterday, 10:11
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Premier Energy Completes Acquisition Of Two Companies In Romania And Republic Of Moldova
12.20.2024
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Impact Developer Contracts EUR7M Credit Facility From Libra Internet Bank For Its Current Activity
12.20.2024
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Louis Vuitton Opens Store On Ground Floor Of Athénée Palace Intercontinental In Bucharest
12.20.2024
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Fitch Ratings Revises Nuclearelectrica’s Outlook To Negative From Stable
12.20.2024
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DRI And OMV Petrom Sign Largest Ever Physical Solar Offtake Agreement In Romania
12.20.2024
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Deloitte Romania Assists AQUILA In Its Expansion On Hungarian Market Via Acquisition Of KITAX
12.20.2024
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Complice.ro: Average Budget For Experiential Gifts At RON550 In 2024
12.20.2024
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CEC Bank Lists New Issue Of Bonds On Bucharest Stock Exchange On Dec 20, Amounting To EUR300M
12.20.2024
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Hospitality Industry Entrepreneurs, Travel Agencies Call on Romania Govt to Drop Plan to Eliminate Holiday Vouchers
12.20.2024
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
moreFiscal 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
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania 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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Deloitte: Romania Retains Third Position Among Countries with Cheapest Housing in EuropeRomania continues to rank third among European countries with the cheapest housing, after Bosnia and Herzegovina and Greece, with an average price of EUR1,504/sqm in 2023 for a new home, slightly up from EUR1,461/sqm in 2022, in line with Deloitte Property Index 2024 survey conducted on the basis of data from the main cities of 24 countries.
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