Romania Unemployment Rate At 5.3% Month-On-Month In November 2024
today, 14:01
Romania’s unemployment rate stood at 5.3% in November 2024, lower by 0.1 percentage point compared to October 2024, data from the country’s statistics institute INS show on Wednesday (January 8, 2025).
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Competition Council OKs Acquisition Of Intersystems Holding Inc. By A-AG Holdco Ltd
11.21.2024
Romania's Competition Council has approved the transaction by which A-AG Holdco Ltd intends to take over Intersystems Holding Inc. and the... more
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dm drogerie markt Romania Ends FY2023-2024 With RON1.77B Revenue, Up 35%
11.21.2024
Retailer dm drogerie markt Romania ended fiscal 2023-2024 on September 30 with RON1.77 billion revenue, an increase of 35.35% on the previous year. more
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Clifford Chance Badea Advised PPC Group In Closing Acquisition Of Macquarie's Renewable Energy Portfolio In Romania
11.21.2024
Law firm Clifford Chance Badea has advised PPC Group in closing the EUR700 million transaction through which it acquired the Romanian renewable... more
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European Commission Greenlights Romanian EUR578M State Aid For Energy-Intensive Firms
11.21.2024
The European Commission has announced on Nov 21 that it has approved a EUR578 million (RON2.9 billion) Romanian state aid scheme to support... more
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Finance Ministry Raises RON752M From Banks Via Two Bond Issues On Nov 21
11.21.2024
Romania's Finance Ministry raised RON752 million from banks on Thursday (Nov 21), selling government paper in two auctions, at annual average... more
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PPC Group Completes Acquisition Of Evryo Group’s Renewables Portfolio In Romania
11.21.2024
PPC (Public Power Corporation) Group has completed the acquisition of the renewable energy generation portfolio of Evryo Group in Romania (formerly... more
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Genesis Property: 63% Of Employees Already Work Exclusively From The Office, 13% Opt For 3-4-Day Workweek In The Office
11.21.2024
The return to the office has continued to grow in 2024 as employees increasingly feel the need for direct interaction with colleagues, and... more
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MedLife Opens The New MedLife Craiova Hospital
11.21.2024
Private healthcare network MedLife continues its expansion plans by inaugurating the new MedLife Craiova Hospital, following a nearly EUR6 million... more
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BCR Partners Up With Softlead For SME Access To Technology And Funding
11.21.2024
Banca Comerciala Romana (BCR) and Softlead, a marketplace in Romania that helps companies to choose the right software solution, based on their... more
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E.ON: EV Charging Station Installations, Up around Tenfold Against 2020
11.21.2024
E.ON Energie Romania in the first 10 months of 2024 installed over 100 EV charging stations, public and private ones, thus going beyond 550 units... more
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Stay Fit Gym Becomes Largest Fitness Center Chain in Romania
11.21.2024
Stay Fit Gym has become the network with the biggest number of centers opened in Romania and Eastern Europe with the launch of its 47th unit in... more
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New Car Registrations in Romania Up 5.4% YOY in Jan-Oct 2024 To over 127,000 Units
11.21.2024
New passenger car registrations in Romania during the January-October 2024 period rose by 5.4% from the year-earlier period, to 127,061 units,... more
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5 to go Likely to Reach 670 Coffee Shops By End-2024
11.21.2024
5 to go coffee shop chain is likely to reach around 670 coffee shops by yearend. more
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Romania Banking System Boasts Record High RON11.5B Net Profit in 9M 2024
11.21.2024
The still high interest rates and continued lending aided Romania banking sector generate an RON11.5 billion record high net profit in the first... more
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Verdino Derives 50% of Sales from Abroad
11.21.2024
Catalin Neacsu, category manager at Verdino Green Foods, a major plant-based food producer in Romania, says exports account for around 50% of total... more
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Fermador Owners Explore Company Sale
11.21.2024
Mihalache family, which owns Fermador group of Iasi, which operates on the poultry market and had turnover of around RON240 million last year, are... more
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Home Appliance Maker AETA (Formerly Electroarges) Makes RON8.1M Loss In 9M, 2024
11.20.2024
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
11.20.2024
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
11.20.2024
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
11.20.2024
A RON750 million bond issue of UniCredit Bank, part of Italy’s UniCredit Group, was registered with the Bucharest Stock Exchange on Wednesday,... 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.