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.
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Ebm-papst Automotive & Drives Romania Sees 2023 Turnover Rise 14% in 2023 YOY
07.24.2024
Ebm-papst Automotive & Drives Romania, present locally since 2017, with a plant in Oradea, part of German group Ebm-papst, a world leader in the... more
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Brick Maker Cemacon Readies New Production Investment
07.24.2024
Building materials producer Cemacon is readying a new investment in production, amid the market diversification demand and the need to boost... more
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Germany’s Anton Häring Invests EUR60M in Car Parts Plant in Siret
07.24.2024
German car parts supplier Anton Häring is set to invest EUR60 million in the next three years to build a plant in the industrial park of Siret... more
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Romania Insurance Market Inches Up 3% in Q1/2024 To RON5.5B
07.24.2024
Romania’s insurance market reached a volume of gross underwritten premiums of above RON5.5 billion at the end of the first quarter of 2024,... more
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With 20% Growth, BVB Beats Most Developed Bourses
07.24.2024
The Bucharest Stock Exchange has posted a 20.9% advance since the start of the year, reflected by the benchmark index BET, a yield that beats most... more
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Romania, Second Largest Market for Soft Drinks in the Region
07.24.2024
Romanians drink on average 215 liters of soft drinks, a figure that places us second in the region by consumption, reveals a ZF analysis based on... 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.