BCG Report: Romania Sees $1.7B Worth Of M&A Deals In January-September 2024
yesterday, 16:08
Romania's mergers and acquisitions (M&A) market recorded transactions totaling USD1.7 billion at the end of September 2024, significantly higher than the USD134 million level recorded in the same period of 2023, according to the global M&A market report by Boston Consulting Group (BCG).
ZF NEWSRSS
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Home Appliance Maker AETA (Formerly Electroarges) Makes RON8.1M Loss In 9M, 2024
yesterday, 22:15
AETA Curtea de Arges (ELGS.RO), formerly Electroarges, ended the first nine months of 2024 with a loss of RON8.1 million, compared with a loss of... more
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Electrica Shareholders Called To Vote On Approving EUR253M Wind Farm Investment
yesterday, 21:49
The Board of Directors of electricity supplier and distributor Electrica (stock symbol: EL) has called shareholders for a meeting on February 5,... more
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EIB Lends EUR200M To Romania's Delgaz Grid For Electricity System Upgrades
yesterday, 20:37
The European Investment Bank (EIB) is lending EUR200 million to Romanian energy distributor Delgaz Grid to upgrade the electricity network in... more
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UniCredit Bank Lists RON750M Bond Issue On Bucharest Stock Exchange On November 20
yesterday, 20:15
A RON750 million bond issue of UniCredit Bank, part of Italy’s UniCredit Group, was registered with the Bucharest Stock Exchange on Wednesday,... more
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Nuclearelectrica Makes RON478.8M Term Deposit With Exim Banca Romaneasca
yesterday, 19:55
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Exim Banca Romaneasca a term deposit without extension in the amount of RON478.8... more
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Gomag Expects Over EUR3.5M Turnover At End- 2024, Up 30% YoY
yesterday, 19:41
Romanian company Gomag, which puts an e-commerce platform at the disposal of online stores, expects to end 2024 with an increase of over 30% in... more
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Teraplast Closes Acquisition Of 70% In Croatia’s Optiplast
yesterday, 19:30
TeraPlast (TRP.RO), the largest polymer processor in Southeast Europe, has notified shareholders and investors of having closed the acquisition of... more
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Sinteza SA Oradea Signs Agreement With Lockheed Martin For Production Of Long-Term Storage Batteries In Romania
yesterday, 19:01
Sinteza SA Oradea (STZ.RO), one of the largest local chemical companies, has signed a letter of intent with the US company Lockheed Martin to... more
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Amazon Closes Machine Learning Department In Romania
yesterday, 17:45
Amazon is closing its Machine Learning department in Romania, a decision that will affect 400 employees, says marketing, management and business... more
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SVN Report: Construction Permits For Residential Buildings In Bucharest Almost Halved Over Last Three Years
yesterday, 16:38
The number of construction permits for residential buildings in capital city Bucharest has nearly halved over the last three years, while the total... more
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DEER Implements Over RON230M Worth Of Projects For Smart Power Distribution Systems
yesterday, 13:29
Distributie Energie Electrica Romania (DEER), a member company of the Electrica Group, has implemented 3 projects for smart power distribution... more
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Deloitte: Energy Transition Costs May Drop Nearly 25% With De-risking Instruments For Green Projects
yesterday, 13:03
The overall costs of the global energy transition, estimated at USD200 trillion by 2050, could be reduced by almost 25 percent using de-risking... more
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Statistics Board: Romanian Construction Works Down 2.6% YoY In January-September 2024
yesterday, 12:35
The volume of construction works in Romania decreased, in unadjusted data, by 2.6% in January-September 2024 and by 2% when adjusted for the number... more
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Isopan's Net Profit Up 9.5% YoY To RON31.1M In 2023
11.19.2024
Insulating panel maker Isopan ESt, with a plant in Popesti-Leordeni, ended 2023 with a turnover of RON469.9 million (EUR95 million), down nearly... more
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Switzerland’s Cicor Sees EUR87M Revenue From Electronic Component Maker Systronics In 2023
11.19.2024
Arad-based electronic components manufacturer Systronics, held by Swiss group Cicor, posted RON431.3 million (EUR87.2 million) revenue in 2023,... more
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Fitch Upgrades Banca Transilvania To 'BBB-'; Outlook Stable
11.19.2024
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tbi bank Posts EUR38M Net Profit In 9M 2024
11.19.2024
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Statistics Board: Romania Reports More Job Vacancies In Q3/2024
11.19.2024
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Romgaz Lists Its First Bonds Worth EUR500M At Bucharest Stock Exchange
11.19.2024
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eJobs: Employers Posted over 70,000 Jobs on iajob.ro Platform in Five Months
11.19.2024
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Romania Fast Delivery Startup BeeFast Gets New $450,000 Funding for International Expansion
11.19.2024
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Topanel Boosts Production Capacity by 40%
11.19.2024
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Solarex Impex 2023 Turnover Down 8.6% YoY To RON235.9M
11.18.2024
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Benvenuti Opens Store In Dambovita Mall Targoviste, Reaches 55-Unit Network In Romania
11.18.2024
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Finland’s Terveystalo In Talks To Buy Regina Maria
11.18.2024
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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