Statistics Board: Romania's Economy Grows 1.1% In Q3/2024 vs Q3/2023
yesterday, 13:05
Romania's economy increased by 1.1%, in unadjusted data, in the third quarter of 2024 compared to the same period of 2023, but remained unchanged in real terms versus the second quarter of 2024, flash data from the country's statistics board INS showed on Thursday (Nov 14).
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Freight Carrier Sorcani Sees H1/2024 Turnover Rise 20% vs H1/2023 08.08.2024
Freight carrier Sorcani, a company controlled by entrepreneur Mircea Barbu and founded in 1993, ended the first half of 2024 with 20% higher... more
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WDP Set to Add 15,000-Sqms to Metro Stefanestii de Jos Warehouse by Q3/2025 08.08.2024
Belgian logistic spaces developer WDP will expand Metro’s warehousing capacity of Stefanestii de Jos by around 15,000 square meters. more
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Crosspoint: Short-Term Rentals In Bucharest Generate Annual Revenues Of Over EUR40M 08.07.2024
Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated revenues of... more
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Romanian Startup MixRift Raises $1.6M In Pre-Seed Funding Round 08.07.2024
Romanian MixRift, a mixed reality (MR) gaming start-up, has attracted an investment of $1.6 million via a pre-seed founding round ended in just... more
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Financial Supervisory Authority Approves TeraPlast Bistrita's Share Capital Increase By RON22M Tops 08.07.2024
Building materials producer TeraPlast Bistrita (stock symbol:TRP) has announced in a stock market report that on August 7 Romania's Financial... more
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Energy Ministry Signs Over RON138M Worth Of Financing Contracts For Industrial Sector Investments 08.07.2024
Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local industrial sector. more
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Romanian Central Bank Cuts Key Rate To 6.50% A Year From 6.75% A Year 08.07.2024
Romania's central bank has decided at its Board meeting on Wednesday (August 7) to lower its benchmark interest rate to 6.50% a year from 6.75% a... more
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Competition Council Looks Into Takeover Of Toneli Holding And Toneli Eco Farms By Youssef Laoun and Toni Khoury 08.07.2024
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PPC Signs Agreement To Buy Evryo Group’s Renewable Energy Portfolio In Romania 08.07.2024
PPC Group (Public Power Corporation) has announced that it has signed an agreement with Evryo Group, owned by Macquarie Asset Management, to... 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
more
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.