09.19.2024

Nokian Tyres hosted the grand opening of its passenger car tire factory in Oradea (north-western Romania), the company announced in a press statement on Thursday (Sept 19). more

08.13.2024

RTPR has assisted Romcim in relation to the acquisition of Tehno World, a company active in the production and sale of solutions for utility infrastructure networks. more

08.09.2024

Romania's Competition Council has approved the transaction through which Romcim SA acquired the company Tehno World SRL. more

05.24.2024

One United Properties (ONE.RO), one of the largest real estate local investors and developers, has signed a ten-year lease with DP World Romania, a provider of logistics and supply chain solutions, more

05.20.2024

DP World, one of the largest port operators globally, has inaugurated the new multimodal terminal in Aiud (Alba County). more

02.12.2024

Timis-based freight carrier World Mediatrans, one of the most dynamic companies in the field, ended 2023 with EUR28 million turnover, slightly below 2022 level, but expects 10% higher turnover in more

01.10.2024

The World Bank has revised its projection for Romania's economic growth downwards to 1.8% for 2023 and to 3.3% for 2024, respectively, according to January 2024 edition of the World Bank's Global more

12.07.2023

Romania has made impressive strides in its economic performance over the last decades, but the country is still facing a large convergence gap with EU living standards, and wide regional and social more

11.27.2023

Climate change mitigation efforts in Romania will require public support as they entail increases in consumer prices and/or taxes, as per a World Bank report dedicated to Romania. more

11.20.2023

Fitness center chain World Class is expanding with a new 2, 600-sqm unit within the One Cotroceni Park project in capital Bucharest, developed by One United Properties (ONE.RO), the leading investor more

10.24.2023

Romania could raise its national income by almost three times in the next three decades while taking action to improve resilience against climate change and reduce carbon emissions, if it continues more

07.18.2023

World Bank placed Romania among high income countries in 2022, i.e., those with an average income per capita of more than $13,846, along with other 82 countries and territories. more

07.03.2023

The Board of Executive Directors of the World Bank Group (WBG) on Monday (July 3) approved the second Inclusive and Green Growth Development Policy Loan (DPL) for Romania in the amount of EUR591.9 more

05.17.2023

A report by the World Economic Forum shows that although 69 million jobs will be created until 2027, 83 million jobs will be lost, resulting in a net loss of 14 million jobs, i.e., 2% of current more

04.11.2023

The International Monetary Fund (IMF) has revised the real economic growth projection for Romania downwards to 2.4% from the 3.1% estimated in the fall, its latest `World Economic Outlook’ report more

01.11.2023

Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report. more

12.07.2022

Globally, extraction of raw materials stands at over 100 billion tons, annually. This staggering figure is driven by both the persistently high levels of material consumption in high-income countries more

10.13.2022

Timis-based freight carrier World Mediatrans, one of the most dynamic companies in the field, founded in 1997 by Gabriel Lungu, expects 2022 turnover to rise by 20% from 2021. more

10.05.2022

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 by the country's Government, according to the World Bank’s more

07.15.2022

The African Industries Group (AIG) holding, present in Romania through investments in agriculture, distribution of agricultural equipment and real estate, has acquired the fitness center chain World more

05.25.2022

Freight carrier World Mediatrans of Timis, one of the most dynamic companies in this field, founded in 1997 by Gabriel Lungu, with 23 offices locally and logistic warehouses in Budapest, Barcelona and more

05.04.2022

DP World, one of the world’s biggest port operators, is set to invest $15 million in an intermodal terminal in Decea, near Aiud, which will connect the central area of Romania to Constanta harbour. more

04.21.2022

African Industries Group (AIG) has acquired control of fitness center network World Class Romania via Vectr Fitness, which means Poland’s Resource Partners exited the business. more

04.11.2022

The World Bank downwardly revised its growth forecast for Romania's economy to 1.9% for 2022 from a previous projection of 4.3% in January, as per a report analyzing Ukraine war fallout over Eastern more

04.08.2022

David Malpass, President of the World Bank Group, will arrive in capital Bucharest on Wednesday, April 13, 2022, for a two-day visit, which will be his first trip to Romania as World Bank Group more