Colliers: Romania Still One of the Most Affordable Real Estate Markets in the Region
today, 11:00
Romania houses are still among the most affordable in CEE, as average wages have risen in the past five years at a faster clip that housing market prices, reveals the latest analysis quoted by Colliers.
-
German Retailer Deichmann Leases 20,000 Sqms of Industrial Spaces in ELI Park Bucuresti To Set Up Regional Wholesale Hub
10.14.2024
Deichmann, Europe’s main footwear retailer, has sealed a leasing contract for 20,000 square meters of industrial spaces in ELI Park Bucuresti, a... more
-
Local Delivery Platform Tazz Set to Be Acquired by Finland’s Wolt
10.14.2024
Tazz, the local fast delivery platform part of eMAG group, will be acquired by Wolt, a Finnish platform with operations in 28 countries. more
-
Carmistin Group Readies for European Market with Rebranding
10.14.2024
Carmistin Group, one of the largest players on the food market, has recently undergone a rebranding process amid business expansion, becoming... more
-
Topanel Invests EUR10M in New Production Line
10.14.2024
Thermal-insulating panel producer Topanel of Ramnicu Valcea has invested EUR10 million in the second production line, which will double the... more
-
Agroland Agribusiness Acquires Agro-industrial Platform In Mehedinti For EUR400,000
10.11.2024
Agroland Agribusiness (stock symbol: AAB), a Romanian entrepreneurial company part of Agroland group, specialized in the sale of agricultural... more
-
Anodin Opportunity Becomes Majority Shareholder In Prebet Aiud
10.11.2024
Concrete prefab manufacturer Prebet Aiud (stock symbol: PREB) announced in a stock report on Oct 11 a significant change in its shareholding... more
-
Sacha Dragic's Investment Vehicle Buys 916,000 Shares Of One United Properties
10.11.2024
Real estate developer One United Properties (stock symbol: ONE) announced in a stock market report on Oct 11 that D Craig Holding SA, a legal... more
-
ARMO: Romania Ranks 3rd Among EU Countries In CEE By E-commerce Value
10.11.2024
Romania ranks 3rd among EU member states in Central and Eastern Europe in terms of e-commerce value, after Poland and the Czech Republic, according... more
-
Romania's Central Bank Has New Board Of Directors As Of October 11
10.11.2024
Romania's central bank has a new Board of Directors, for a five-year term, led by Chairman and Governor Mugur Isarescu, starting October 11, 2024. more
-
Deloitte: 83% Of Gen Z Respondents Aged 23-27 Have Plans For The Future
10.11.2024
An impressive share of 83% of the Gen Z respondents (aged 23-27) have plans for their future, and 38% of them think at least three years ahead,... more
-
Shipbuilder Santierul Naval Severnav Signs EUR3.7M Contract For Ship Hull Construction
10.11.2024
Romanian shipbuilder Santierul Naval Severnav (SEVE.RO) based in Drobeta Turnu-Severin, has announced in a stock market report on Friday (Oct 11)... more
-
Romania Average Net Salary Down 1.6% In August 2024 vs July 2024
10.11.2024
The average net salary in Romania decreased by 1.6% in nominal terms in August 2024 compared to July 2024, to 5,158 (EUR1,037), data from the... more
-
Romania's Annual Inflation Keeps Downward Trend, Falls To 4.6% In September 2024
10.11.2024
Romania's annual inflation further declined in September 2024, reaching 4.6%, from 5.1% in August 2024 and 5.4% in July 2024, data from the... more
-
Sphera Group Adds New Brand to Portfolio: Cioccolatitaliani
10.11.2024
Sphere Franchise Group, an entrepreneurial company that operates KFC, Pizza Hut and Taco Bell restaurants in a franchise system, has expanded its... more
-
Agista Sells Dendrio Solutions Stake for EUR3.4M, Boosts Stake in Fort to 38.5%
10.11.2024
Romanian investment fund Agista has exited the shareholding structure of Dendrio Solutions (part of Bittnet Group) for EUR3.4 million and... more
-
Romania, Most Dynamic Market for Stefanini Group in 2023
10.11.2024
Romania continues to be a strategic center for Brazil’s Stefanini Group, which provides innovation and digital transformation solutions, owing to... more
-
Auchan Set to End 2024 in the Black in Romania
10.11.2024
French group Auchan, one of the most powerful players in Romania’s food retail, will end 2024 in the black as both the value of the average... more
-
One United Properties Shareholders Approve Bi-Annual Dividend Payment, Share Price Consolidation At 50:1 Ratio
10.10.2024
The shareholders of real estate developer One United Properties (stock symbol: ONE) announced in a stock market report on October 10 that it... more
-
Viarom 2023 Turnover Down 7% YoY To RON195.1M
10.10.2024
Construction company Viarom Construct, owned by Marius Daniel Badina, reported for 2023 a turnover of RON195.1 million (EUR39.4 million), down 7%... more
-
Interpork Plus, Part Of Carmistin Group, Reports RON571.7M Turnover For 2023, Up 24.1% YoY
10.10.2024
Interpork Plus, which sells meat and meat preparations and is part of the Carmistin group, owned by the Paraschiv family, ended 2023 with a... 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.