Romania Forex Reserves Shrink To EUR62.8B In October 2024
today, 18:22
Romania's foreign exchange reserves shrank by EUR2.93 billion to EUR62.8 billion in October 2024, from EUR65.77 billion at the end of September, Romania’s central bank announced on Friday (November 1, 2024).
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Deltaica Seafood H1/2024 Turnover Flat from H1/2023 08.07.2024
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Nitramonia BC 2023 Revenues Up 15% YOY 08.07.2024
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Otopeni Airport Set to Undergo Modernization 08.07.2024
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Metropolitan Life Pensii Private Becomes Shareholder In Sphera Group 08.06.2024
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Fidelis, 18th Edition: Romanians Can Buy Government Bonds In August 8-20 Period 08.06.2024
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Rompetrol Well Services Concludes Nearly EUR30M Worth Of Contracts With OMV Petrom 08.06.2024
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European Investment Fund Provides Up To EUR35M Guarantees To Intesa Sanpaolo Bank For Romania SME Funding 08.06.2024
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Orange Romania Expands 5G/5G+ Mobile Network To Botosani; Set To Continue Infrastructure Expansion
08.06.2024
Orange Romania, the leader of the local telecom market, has announced the expansion of its 5G/5G+ mobile network to the town of Botosani. more
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Carmistin Invests EUR10M In Chicken Farm In Scornicesti 08.06.2024
Carmistin Group, one of the largest players in the food industry and mostly on the meat market, has invested EUR10 million in a chicken farm in... more
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Italy's De’Longhi Opens Third Plant In Romania, In Satu Mare 08.06.2024
Italian group De'Longhi, one of the world's largest actors in the small household appliances manufacturing market, has inaugurated its third... more
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Hili Properties Becomes Sole Owner Of Speedwell's MIRO Office Building 08.06.2024
Hili Properties plc, the real estate arm of Hili Ventures Ltd, has become the sole owner of the MIRO office project located in Baneasa and... more
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Statistics Board: Romania Retail Sales Grow 8.1% YoY In January-June 2024 08.06.2024
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.1% in unadjusted data and by 7% when... more
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Meta Estate Trust Invests EUR750,000 in 7 Apartments of First Estate Project 08.06.2024
Meta Estate Trust, a holding company operating in the real estate field, has announced the completion of an over EUR750,000 in a project that... more
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JT Grup Oil Debuts on Bucharest Stock Market 08.06.2024
Fuel wholesaler JT Grup Oil, which owns the newest private oil product terminal in Constanta harbor, has officially gone public on the AeRO market... more
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Prime Telecom Eyes Energy Market 08.06.2024
Prime Telecom, one of the last significant independent players on the local telecom market, which also owns its own optical fiber infrastructure,... more
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Underline Ventures Invests $6M in 13 Startups of Romania and the Region in Two Years 08.06.2024
Underline Ventures, the venture capital fund set up by Bogdan Iordache, in its two years of activity has invested around $6 million in 13 tech... more
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Romania Hotels and Pensions Accommodated 5.7 Million Tourists in H1/2024, Just 3% More Vs H1/2023 08.06.2024
Local accommodation units welcomed 5.7 million tourists in the first half months of 2024, meaning an increase of just 3% from the year-earlier... more
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Cismigiu Hotel H1/2024 Turnover Up 3% from H1/2023 08.06.2024
Bucharest’s four-star hotel Cismigiu, controlled by Spain’s Hercesa, boosted its turnover by 3% in the first half of this year from the... more
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Optical Retailer Lensa Reaches 87 Units, Aims to Expand to 4 New Cities of Romania in 2024 08.06.2024
Optical retailer Lensa has reached an 87-unit network after having opened 47 units in 2023, in line with its accelerated expansion strategy,... more
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Prices of Bucharest Old Apartments Up on Rising Housing Demand 08.06.2024
The ever-rising demand for housing and the falling deliveries of new housing projects are pressuring the housing market, a reason why prices have... more
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.