Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.8%, In September 2024
yesterday, 15:41
Romania had the highest annual inflation rate, of 4.8%, among European Union Member States, in September 2024, data from Eurostat, the statistical office of the European Union, showed on Thursday (October 17).
ZF NEWSRSS
-
Rodbun Grup Revenue Up 9.3% To RON795.6M In 2023
yesterday, 23:45
Romanian-held agribusiness group Rodbun Grup posted RON795.6 million (EUR160.8 million) revenue in 2023, up 9.3% from the previous year’s... more
-
Frigoglass Romania Sees 3.7% Growth In Revenue To Almost RON605M In 2023
yesterday, 23:09
Frigoglass Romania, a producer of plastics and refrigerated display cases, part of the Greek Frigoglass Group, posted about RON605 million... more
-
Electrica Gets EUR3.4M In Non-reimbursable EU Funding For EUR21.8M Electricity Storage Project
yesterday, 18:04
Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 17 the signing of an agreement to... more
-
Finance Ministry Raises RON511M From Banks On Oct 17, 2024
yesterday, 16:52
Romania's Finance Ministry raised RON511.3 million from banks on Thursday (Oct 17, 2024) selling benchmark bonds, above the planned amount of... more
-
Poland’s Elemental Holding Enters Romanian Recycling Market
yesterday, 16:28
Poland’s Elemental Holding Group based in Luxembourg has taken over the majority stake in Romanian ACC Recycling Services and plans to invest... more
-
Buğra Kulak Takes The Helm Of Sanofi Operations In Romania
yesterday, 15:56
Pharmaceuticals company Sanofi Romania, the local division of French giant Sanofi, has announced the appointment of Buğra Kulak as Head of Pharma... more
-
Competition Council Looks Into Acquisition Of Optical Investment Group By Essilor
yesterday, 14:55
Romania's Competition Council is analyzing the transaction through which Essilor International SAS intends to take over Optical Investment Group SA... more
-
Latest Fidelis Bond Issue Sets New Record On Bucharest Stock Exchange: Nearly RON3.5B Investments, Over 26 000 Subscription Orders
yesterday, 14:45
Romania's Ministry of Finance has attracted over RON1.5 billion and almost EUR387 million (values totaling over RON3.46 billion – EUR697.2... more
-
Filip & Company Assists AGISTA In Selling Its Stake In Dendrio Solutions, Buying New Shares In Cybersecurity Firm Fort
yesterday, 13:59
Law firm Filip & Company has assisted investment fund AGISTA, part of Impetum Group, in the signing of the contracts for the sale of its entire... more
-
PepsiCo Romania Appoints Razvan Lungu as CFO for East Balkans Region
yesterday, 11:28
PepsiCo, a major player in the field of snacks and soft drinks, has appointed Razvan Lungu as CFO for the East Balkans region. more
-
Endava Romania Extends Leasing Contract for Office Space in UBC Cluj-Napoca
yesterday, 11:00
British software services company Endava has renewed the leasing contract for office space in UBC building, part of Iulius Mall Cluj development,... more
-
Industrial and Logistics Space Stock in Romania Likely to Cross 8 Million Sqm Threshold at End-2025
yesterday, 10:48
The stock of industrial and logistics spaces in Romania is likely to overshoot 8 million square meters at end-2025, should the annual 500,000-sqm... more
-
Reff & Asociatii and Deloitte Romania Assisted SARMIS Capital in Acquisition of Majority Stake in MG-Tec Industry
yesterday, 10:20
A multidisciplinary team made up of Reff & Asociatii lawyers and Deloitte Romania financial and fiscal consultants have assisted investment fund... more
-
Romania Banking System is More Profitable, Solvent and with Higher Liquidity Than EU Average
yesterday, 09:46
The Romanian banking system is undergoing a favorable period from the perspective of the main financial and prudential indicators, as it continues... more
-
Nuclearelectrica Makes Changes To Organizational Structure
10.16.2024
Nuclearelectrica (SNN.RO), the only nuclear power producer in Romania, has notified the Bucharest Stock Exchange of the implementation of a new... more
-
Speedwell Starts Construction Of Last Building Of Triama Residence
10.16.2024
-
ROCA Industry Fully Acquires Workshop Doors
10.16.2024
-
Alfa Group Invests EUR90M In 2nd Phase Of Cloud9 Residence Project
10.16.2024
-
Prime Kapital Set To Start Construction Of 600 New Homes In Silk District Iasi And Avalon Estates Bucharest
10.16.2024
-
MedLife CEO Sells 1 Million Company Shares For RON6M
10.16.2024
-
Medicover Romania Seeks To Acquire Synlab Medical Labs
10.16.2024
-
IKEA Sales In Romania Up 12% In FY 2024 To RON1.4B
10.16.2024
-
Visa And Raiffeisen Bank Launch Visa Signature Card In CEE, Expanding Exclusive Benefits For Premium Customers In Romania
10.16.2024
-
EY: CFOs Bank On GenAI Solutions Amid Rising Costs And HR Challenges
10.16.2024
-
DN Agrar and BSOG Energy Set to Develop Biomethane Production Project in EUR30M Investment
10.16.2024
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.
more