Vodafone and Digi Agree To Jointly Buy Telekom Romania Mobile from OTE/Deutsche Telekom
yesterday, 11:20
One of the most twisted deals in the history of Romania’s telecom market, the sale of Telekom operations, has taken a completely unexpected turn: Vodafone Romania will participate in the deal for the acquisition of Telekom Romania Mobile (TKRM) together with rival company Digi.
-
Cushman & Wakefield Echinox: Bucharest Office Space Occupancy Costs Up around 10% in Two Years
10.02.2024
Bucharest office space occupancy costs have increased by around 10% in the past two years amid the rising building operational costs and the... more
-
OMV Petrom Makes Progress in Neptun Deep Project
10.02.2024
OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, has announced the start of the... more
-
Autonom Services Readies to Return on Bucharest Stock Exchange with Bond Issue
10.02.2024
Autonomy Services, an entrepreneurial company controlled by Stefan brothers, is readying to raise funding on the Bucharest Stock Exchange through a... more
-
Grup Serban Holding Set To Carry Out EUR62.5M Investments in Next Four Years
10.02.2024
Entrepreneurial company Grup Serban Holding will operate EUR62.5 million investments in the next four years, in a French fries processing unit in... more
-
Apemin ZIZIN almost Doubles Profit in 2023
10.02.2024
Mineral water producer Apemin ZIZIN, owned by Lazar family of Brasov, ended 2023 with turnover worth RON105.5 million (EUR21.3 million), up 8.8%... more
-
Blachotrapez Switches to Losses in 2023
10.02.2024
Metallic tile roofing producer Blachotrapez, owned by the Polish group of the same name, in 2023 registered turnover worth RON111.3 million... more
-
Agroland Group Wants to Develop Small Bio Farm Network
10.02.2024
Entrepreneurial group Agroland is set to announce the takeover of a new farm in the coming weeks, via which it will enter bio egg production and is... more
-
Austria's XXXLutz Appoints Frédéric Lamy As Country Director For Romania
10.02.2024
Frédéric Lamy, the French executive who had run the Leroy Merlin business in Romania for nine years, until June 2023, was appointed country... more
-
Unirea Shopping Center Switches To RON700,000 Profit In H1/2024 vs RON3.6M Loss In Year-Earlier Period
10.02.2024
Unirea Shopping Center, a company that manages two shopping centers in the cities of Brasov and Bucharest, reported net profit of RON737,386 for... more
-
Zara Closes Store In Bucuresti Mall After Almost 15 Years
10.01.2024
Fashion brand Zara, held by Spanish group Inditex of billionaire Amancio Ortega, has closed its store within the Bucuresti Mall shopping center. more
-
Jumbo To Open Its First Store In Cluj
10.01.2024
Greek toy and interior decoration retailer Jumbo will be opening its first store in the city of Cluj, within the future Rivus shopping center... more
-
Competition Council Slaps OKI Europe Limited With RON3.35M Fine
10.01.2024
Romania's Competition Council fined the peripheral equipment manufacturer OKI Europe Limited a total RON3.35 million for limiting exports and... more
-
RetuRO Opens 7th Regional Center For DRS Packaging Collection, In Prahova County
10.01.2024
RetuRO, the administrator of the Deposit Return System (DRS) in Romania, the largest circular economy project in Romania, is opening its 7th... more
-
Alexandru Dincovici Takes Over As General Manager Of Romanian Business Leaders Foundation
10.01.2024
Alexandru Dincovici, with a vast experience in research both in the private and in the academic sectors, took over the position of general manager... more
-
Romania Forex Reserves Rise To EUR65.77B In September 2024
10.01.2024
Romania's foreign exchange reserves increased by EUR2.5 billion over the course of September 2024, up to EUR65.77 billion at the end of the month,... more
-
Alfa Group Acquires The Bulk Of Iride Park Project In Northern Bucharest
10.01.2024
Alfa Group, through the company Iride Development, has acquired from CPI Romania the largest part of the IRIDE Park project, the related logistics... more
-
Aliant Buys 67% In SoftPepper
10.01.2024
Romanian company Aliant, an integrator of IT solutions and provider of Hyper Automation and Managed Print Services solutions, announces the... more
-
Swiss Energy Company MET Partners Up With Celsius To Expand Activities On LNG Segment
10.01.2024
MET Group, a Swiss-based European energy company with activities in natural gas, and power markets, focused on multi-commodity wholesale, trading... more
-
KPMG Romania And Moldova Announce Promotion Of Several Professionals To Roles Of Partner and Associate Partner
10.01.2024
KPMG Romania and Moldova announced the promotion of Andreea Niculae, Ioana Zenaida Rizea-Popp, Irina Rubeli and Mihaela Ionescu to the role of... more
-
RoPower Nuclear Gets $99M from Export-Import Bank of USA To Develop SMR Project
10.01.2024
RoPower Nuclear SA, the project company for the development of small modular reactors (SMRs) in Romania on the site of the former coal-fired... more
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.