ING Bank: Romania Could Be Among Top Ten Economies In EU In 10 Years
yesterday, 15:10
Romania’s economy could double in the next ten years, so the GDP would reach EUR700 billion, with an average growth rate of 3% to 3.5% a year and a similar average inflation. This is one of the main conclusions of the “30 x 30. 30 years of transformations. 30 years of ING” report of ING Bank Romania.
ZF NEWSRSS
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Banca Transilvania’s Acquisition Of OTP Asset Management Completed
yesterday, 23:43
The acquisition by Banca Transilvania (TLV.RO), the largest lender in Romania, of OTP Asset management, part of the OTP Bank Romania acquisition,... more
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Bittnet Signs Loan Agreement With ING
yesterday, 23:10
Technology group Bittnet (BNET.RO) has notified the Bucharest Stock Exchange that one of its companies, Dendrio Solutions, signed a loan agreement... more
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Competition Council Greenlights Dona’s Acquisition Of VET Division Of Iasi-Based Vetro
yesterday, 22:32
The Competition Council has greenlighted pharmaceutical group Dona’s acquisition of the VET division of Iasi-based Vetro in September. more
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UniCredit: Romania Got Only EUR200M In NRRP Funds In 2024
yesterday, 21:29
Romania got EUR9.4 billion in NRRP funds between 2021 and the third quarter of 2024 or 33% of its allotment via this EU program. Estimates for 2024... more
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Nuclearelectrica And Framatome To Make Medical Isotope Lutetium-177 At Cernavoda Nuclear Power Plant
yesterday, 20:26
Nuclear power producer Nuclearelectrica (SNN.RO) and French-held Framatome will team up for a project to produce medical isotope Lutetium-177... more
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Early Game Fund I Backed Startups Reach EUR43M Annual Revenue In 2024
yesterday, 17:41
The companies in which venture capital fund Early Game Ventures invested its first fund, Early Game Fund I, have reached annual revenue of more... more
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Cargus Relocates Targu Mures Warehouse to Expanded Facility
yesterday, 11:40
Cargus, a major player on Romania’s courier services market, has relocated its Targu Mures warehouse to a facility with an area of over 4,500... more
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Alexandrion Group Appoints Jason Wischhoff as General Manager
yesterday, 10:56
Alexandrion group, the largest local spirits producer and a major player on the wine market, part of Nawaf Salameh Family Office, has appointed... more
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Law Firm Filip & Company Assisted eMAG Group in Sale of Tazz to Wolt
yesterday, 10:16
Law firm Filip & Company assisted eMAG Group in the sale of its entire stake in HCL Online Advertising, the company that operates Tazz platform, to... more
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Moov Leasing Adds EUR5M To Share Capital
yesterday, 10:00
Moov Leasing, an operating leasing company, is raising its share capital by EUR5 million, after selling a 10% stake, reaching an EUR50 million... more
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Draghici Dental Group in Talks with Potential Investors for Miroslava Dental Technique Lab
yesterday, 09:26
Draghici Dental Group is in talks with several potential investors for the dental technique lab it developed in Miroslava, Iasi county, via an over... more
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Romanians Spent EUR2.6B On Vacations Abroad In Summer Of 2024
10.14.2024
Romanian tourists spent EUR2.6 billion on vacations abroad in the three months of summer, June-August, according to ZF calculations based on data... more
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Prebet Aiud Gets Loan Facilities From BRD
10.14.2024
Prebet Aiud (PREB.RO), a precast reinforced and prestressed concrete producer, on Monday evening announced the conclusion of a contract for RON63... more
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Voicu Oprean, CEO And Shareholder Of Arobs Transilvania Software, Sells RON32M Worth Of Company Shares
10.14.2024
Arobs Transilvania Software (stock symbol: AROBS) has announced in a stock market report on Oct 14 that its CEO, Voicu Oprean, sold 35.4 million... more
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Finance Ministry Raises RON604M From Banks On Oct 14, 2024
10.14.2024
Romania's Finance Ministry raised RON604 million from banks on Monday (Oct 14, 2024) selling benchmark bonds, below the planned amount of RON700... more
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Bucharest Stock Exchange Launches Recruitment Process For General Manager Position
10.14.2024
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Competition Council: Construction Rules Must Be Updated For Waste Recycling
10.14.2024
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Romania's Central Bank Authorizes TOKEN Payment Services As Online Payment Institution
10.14.2024
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Romania's Total External Debt Up By EUR14.1B In Jan-Aug 2024, To EUR182.5B
10.14.2024
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Czech Zentiva Group Completes Tender Offer For Remaining Zentiva Romania Shares
10.14.2024
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Local Delivery Platform Tazz Amassed RON324M In Net Losses Since Its Acquisition By eMAG In 2019
10.14.2024
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Statistics Board: Romania's Industrial Production Falls 4.3% YoY In August 2024
10.14.2024
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Reff & Asociatii and Deloitte Romania Assisted BLIK Romania in Authorization of BLIK Instant Payment System by BNR
10.14.2024
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Law Firm Filip & Company Assisted Finance Ministry in First Issue of Samurai Green Bonds on Japan Capital Market Totally Worth 33 Billion Yen
10.14.2024
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CFA Romania Analysts Project 7.3% Budgetary Gap and 1.7% Economic Growth in 2024
10.14.2024
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.
Today's figure
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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