Foreign Direct Investment In Romania’s Trade Overshoots EUR20B Mark in 2023
today, 09:39
The foreign direct investments in the Romanian trade exceeded the EUR20 billion mark for the first time last year, as companies in the sector continued to put money into development, Romania’s central bank data show.
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Allianz-Tiriac Becomes Official Insurer of Romanian Athletes at Paris Olympic Games 07.25.2024
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Arghezi 4 Office Building In Downtown Bucharest Attracts Four New Local Businesses As Tenants 07.25.2024
Italian restaurant Sciccheria, coffee shop Steam, artisanal gelateria Velocita, and artisanal patisserie French Revolution, all of them local... more
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Crayon Romania 2023 Turnover Up 42% To over RON191.2M 07.25.2024
Crayon Romania, a company specializing in professional IT services and software license resale, part of Norwegian group Crayon, ended 2023 with... more
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Law Firm PeliPartners Assists WDP in Acquiring over 135,000 Sqms of Logistic Spaces and Land Plots in EUR110M Deal 07.25.2024
Law firm PeliPartners has assisted WDP, a major logistic space developer in Romania, in acquiring a portfolio that includes 136,374 square meters... more
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Vodafone Romania Reports 6.6 Million Mobile Telephony Clients for Q1 of Fiscal Year 2025 07.25.2024
Vodafone, a major player on the local IT&C market, part of the British group of the same name, for the first quarter of fiscal year 2025, ended in... more
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Lenovo Romania: Local PC Market Down to around 920,000 Units in 2023, Set to Reach 1 Million-Unit Threshold in 2024 07.25.2024
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Turkey’s Martur Automotive Hits RON1B Turnover, Up 12%, with Oarja Plant 07.25.2024
Automotive seating systems producer Martur Automotive Seating and Interiors, controlled by Turkey’s Martur, which built a plant from scratch in... more
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UniCredit Bank Generates EUR184M Profit in Romania in H1/2024, Up 39% 07.25.2024
Italian group UniCredit for the first half of 2024 reported net profit worth EUR184 million from Romania operations, up around 39% from the gain of... more
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US’ Fluor Corporation And RoPower Sign FEED 2 Contract For Project Development 07.24.2024
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Car Auction Platform Direktcar.ro Launches In Romania 07.24.2024
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Certinvest Launches Fourth Fund In 10 Months 07.24.2024
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Fitch Ratings Assigns Digi Communications IDR Rating Of ‘BB’, Stable Outlook 07.24.2024
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New Retail Park On Valea Prahovei In Sinaia 07.24.2024
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Orange Romania Posts EUR699M Turnover in H1/2024, Down 8% 07.24.2024
Orange group, the largest player on the local communications market, in the first six months of 2024 generated consolidated turnover worth EUR699... more
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Investimental Reaches over 2,000 Clients and RON370M Handled Deals One Year After Launch 07.24.2024
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The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
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More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
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Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
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Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
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The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
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The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
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Romania 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
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Fiscal 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
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania 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.