Romania's Current Account Deficit Widens To EUR19.7B In January-September 2024
yesterday, 15:52
Romania's current account deficit stood at EUR19.7 billion in January-September 2024, compared with EUR16 billion reported in the same period of 2023, central bank data showed on Wednesday (Nov 13, 2024).
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Edenred’s Romania Tech Hub Reaches 300 Employees in 5 Years 08.07.2024
Edenred Digital Center, the technology hub of Edenred group in Romania, has reached over 300 employees since its launch in Romania. more
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Altexpress Expects EUR2.5M Turnover in 2024, Up 50% YOY 08.07.2024
Altexpress, the courier and e-fulfillment services company founded in 2015 by Jordanian entrepreneur Maher Tarazi in Romania, estimates it will... more
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Evopack Enters Hungary Market 08.07.2024
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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
The Bucharest National Airport Company (CNAB), which manages Otopeni airport, has signed the contract for the modernization of Otopeni terminals. more
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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
Romania's finance ministry has announced that it will carry out a new issue of Fidelis government bonds for retail investors starting August 8... more
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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
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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
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.