IMF Delegation Set to Visit Bucharest in November 5-8 Period
yesterday, 11:35
A delegation of the International Monetary Fund led by Jan Kees Martjin, head of the IMF mission in Romania, will visit the country during November 5-8 period, within the periodical meetings the institution has with Romanian authorities.
ZF NEWSRSS
-
Italsofa 2023 Turnover Down 29.3% in 2023 To RON238.9M
today, 09:55
Armchair and sofa manufacturer Italsofa Romania, the local subsidiary of Italian group Natuzzi, for 2023 reported turnover worth RON238.9 million... more
-
ARO Palace Signs Franchise Contract with Hyatt to Rebrand Brasov Hotel
today, 09:48
Hotel company ARO Palace, controlled by Transilvania Investments, has signed the franchise agreement with hotel chain Hyatt to transfer the ARO... more
-
MedLife Takes Over 60% in Routine Med Group
yesterday, 10:09
Private healthcare company MedLife is continuing acquisitions and announces the takeover of the majority stake of 60% in Tulcea-based Routine Med. more
-
Romania’s Lunet Eyewear Mulls Listing on AeRO
yesterday, 09:57
Lunet Eyewear, the only local producer of glasses, launched in 2019, is considering the opportunity of listing on the AeRO platform of the... more
-
One United Properties Sales of Long-Term Rental Properties Reach EUR52.4M in Past 18 Months
yesterday, 08:58
Real estate developer One United Properties sold long-term rental properties, part of its commercial project portfolio, worth EUR52.4 million in... more
-
Germany’s Optibelt Slips into the Red in 2023
10.25.2024
Car parts manufacturer Optibelt Power Transmission, the local subsidiary of Germany’s Arntz Optibelt, in 2023 posted turnover worth RON325.7... more
-
Weidmüller Interface Romania Sees 2023 Turnover Drop 17.4% almost To RON297M
10.25.2024
Electrical and electrotechnical component manufacturer Weidmüller Interface Romania, the local subsidiary of Germany’s Weidmüller Group,... more
-
Altex Set to Continue Local Expansion
10.25.2024
Altex, Romania’s largest electro-IT retailer, has opened eight stores this year and continues local expansion. The company now has 135 stores in... more
-
Infinity Capital Investments Boosts Its Holding In PAID By 5.5%
10.24.2024
Alternative investment fund Infinity Capital Investments (stock symbol: INFINITY) has announced in a stock market report on Oct 24, 2024 that it... more
-
Sphera Group Extends Mandates Of CFO And Marketing Director
10.24.2024
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has announced in a stock... more
-
Romgaz Seeks To Extend RON500M Loan Facility From Banca Comerciala Romana
10.24.2024
The Board of Directors of natural gas producer and supplier Romgaz (stock symbol: SNG) has announced in a stock market report on Oct 24 that it has... more
-
Alro Slatina Calls Shareholders To Vote On Contracting Up To $40M Loan From Black Sea Trade And Development Bank
10.24.2024
ALRO, one of the largest vertically integrated aluminium producers in Europe, has announced in a stock market report that on Oct 24 the company's... more
-
Finance Ministry Raises RON346M From Banks On Oct 24
10.24.2024
Romania's Finance Ministry raised RON346 million from banks on Thursday (Oct 24), selling discount treasury bills (T-bills) due in 2025, at an... more
-
European Commission Approves Romania’s EUR400M Aid Scheme For Drought-hit Farmers
10.24.2024
The European Commission has approved a EUR400 million Romanian state aid scheme to compensate farmers affected by severe drought, the Commission... more
-
Competition Council Approves Acquisition Of Noerr Romania By Kinstellar
10.24.2024
Romania's Competition Council has announced on October 24 that it authorized the transaction by which the Kinstellar network of law firms, through... more
-
Prodcereal 2023 Turnover Plunges 41.2% YoY To RON54.9M
10.24.2024
-
Deloitte: 7 In 10 Multinationals Expect More Tax Reporting Regulations
10.24.2024
-
Germany’s Geiger Sees Romania Turnover Rise 86% in 2023 To RON417.4M
10.24.2024
-
Entrepreneur Mihai Simiuc Buys Minority Stake in LifeBox To Produce FruFru Food in Bucharest
10.24.2024
-
Romania IT Industry Grew by 12% in 2023 To EUR5.6B, Sharply Down from 33% Advance in 2022
10.24.2024
-
Oyl Company Holding 2023 Turnover Up 33.2% YoY To RON305M
10.24.2024
-
Pasta Maker Pangram Sees Profit Doubling YoY To RON1.7M In 2023
10.24.2024
-
Kromberg & Schubert Romania Reports RON274.8M Turnover For 2023, Up 56% YoY
10.24.2024
-
Austria's Enery Invests EUR52.4M In 51.4 MW Photovoltaic Park In Romania's Salaj County
10.24.2024
-
SIF Muntenia Debuts At Bucharest Stock Exchange Under New Brand Identity: Longshield Investment Group
10.23.2024
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