New Car Registrations in Romania Up 8% To over 100,000 Units in Jan-August 2024 YOY
yesterday, 09:25
New car registrations in Romania rose by 8% in January-August 2024 against the same period of last year, to 106,534 units, while at EU level, new car registrations went up by 1.4% to 7,180,492, ACAROM and ACEA data showed on September 9.
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Tei Group Opens Pharmacy And Bebe Tei Store In ElectroPutere Mall In Craiova
yesterday, 22:47
The Tei Group, made up of Farmacia Tei and Bebe Tei, has opened new stores in Dolj County, in ElectroPutere Mall in Craiova, an investment that is... more
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Romania Taps International Markets For EUR5B
yesterday, 22:24
Romania's finance ministry raised EUR5 billion on Sept 19 by tapping international markets with two euro-denominated bond issues and one US... more
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Sanex Cluj Owner Lasselsberger Seeks State For New Ceramic Tile Plant, A RON700M Investment
yesterday, 22:17
Austria’s Lasselsberger group, which owns ceramic tile maker Sanex in Cluj-Napoca, has submitted the largest investment of those seeking state... more
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Perla Harghitei Plans To Invest EUR40M In Upgrading And Boosting Production Capacity Of Sancraeni Plant
yesterday, 21:32
Mineral water bottler Perla Harghitei has an ambitious investment plan, EUR40 million, self-funded. The Sancraieni, Harghita County-based company... more
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Nokian Tyres Inaugurates The World’s First Zero-Emission Car Tire Factory, In Romania's Oradea
yesterday, 19:33
Nokian Tyres hosted the grand opening of its passenger car tire factory in Oradea (north-western Romania), the company announced in a press... more
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OMV Petrom Premiers New Automatic Drilling Technology In Romania
yesterday, 18:52
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a stock market report on Sept 19 that it was running a... more
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Finance Ministry Raises RON599M From Banks On Sept 19
yesterday, 18:45
Romania's Finance Ministry raised RON599 million from banks on Thursday (Sept 19), selling benchmark bonds, way above the planned amount of RON200... more
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Romania's Central Bank To Add Several New Currencies To Exchange Rates List As Of Sept 23
yesterday, 18:13
Starting September 23, 2024, Romania's National Bank will add to the list of exchange rates the indicative quotations of the Romanian leu against... more
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Zentiva’s Majority Owner Seeks To Delist It From Bucharest Stock Exchange
yesterday, 17:28
Pharmaceutical producer Zentiva SA (SCD.RO) on Thursday notified the Bucharest Stock Exchange of the decision of the Financial Supervisory... more
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INFINEXA Restructuring-Prime Insolv Practice Association Appointed Insolvency Administrator For Meat Processor Angst
yesterday, 16:57
The Ilfov Court has appointed INFINEXA Restructuring, a Romanian entrepreneurial company specializing in the restructuring of distressed firms, to... more
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NN Group And Rubio Impact Ventures Launch Competition For Tech Start-ups Across 11 Countries, Including Romania
yesterday, 15:53
NN Group, a Dutch financial services company operating in the local life insurance and private pension markets, and venture capital fund Rubio... more
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Bergenbier Announces Changes In Its Management Team
yesterday, 15:27
Bergenbier S.A., part of Molson Coors Beverage Company group, one of the leading brewers in Romania, has announced changes in its management team:... more
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Austria's Gebrüder Weiss Opens Second Logistics Hub Near Bucharest in EUR20M Investment
yesterday, 12:06
Austrian transport and logistics company Gebrüder Weiss has officially opened the second logistics hub near Bucharest, more specifically in... more
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22 Romanian Companies To Participate in Raiffeisen Bank Romania’s MoonShotX Project
yesterday, 11:31
Raiffeisen Bank Romania has completed the selection process for MoonShotX project carried out in partnership with InnovX, via which the bank wants... more
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Global Logistics Network NewCold Enters Romania by Acquiring 9-Ha Land Plot in Northern Bucharest from WDP
yesterday, 10:33
Global logistics network NewCold, one of the world’s largest operators of automated cold storage warehouses, has arrived in Romania by acquiring... more
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Romanian Executive Dan Timotin Becomes General Manager Of Coca-Cola HBC Egypt
09.18.2024
Dan Timotin, a Romanian executive with 13 years of experience in the Coca-Cola system, took over as general manager of Coca-Cola HBC Egypt last... more
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Vodafone Business Director Mihnea Radulescu To Return To US’ Liberty Global As UPC Slovakia CEO
09.18.2024
Mihnea Radulescu, one of the best known executives in the local telecom industry, who has been running the business unit of Vodafone, will return... more
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One United Properties Adds Up To RON20M Buyback Program On Agenda Of October 10 EGMS
09.18.2024
Real estate developer One United Properties (ONE.RO) on Wednesday notified the Bucharest Stock Exchange that Vinci Ver Holding, the special purpose... more
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Stihl Invests EUR21M, Creates 40 Jobs At New Plant In Oradea
09.18.2024
Andreas STIHL Power Tools SRL, the local subsidiary of Andreas STIHL AG&Co. KG. of Germany, has invested more than EUR21 million so far and created... more
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Agroserv Mariuta Ends H1 With RON59M Revenue, RON646,000 Loss
09.18.2024
Agroserv Mariuta (MILK.RO), a Romanian agribusiness and owner of the Laptarie cu Caimac dairy brand, posted RON59 million operating revenue in the... 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.