Statistical Office: Romania Retail Sales Grow 7.8% YoY In December 2024
![Statistical Office: Romania Retail Sales Grow 7.8% YoY In December 2024](https://storage0.dms.mpinteractiv.ro/media/401/1561/19566/22682962/1/12-cos-main.jpg?width=175)
yesterday, 13:58
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 7.8% both in unadjusted data and when adjusted for seasonality and number of working days, in December 2024 compared to December 2023, data from the country’s statistics board INS showed on Thursday (Feb. 6).
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Bringo: Over 1.6 Million Orders In 2024, Average Shopping Cart Value At RON300
today, 00:15
Bringo, the online fast grocery delivery service, part of French group Carrefour, intermediated sales worth nearly RON500 million (EUR100 million)... more
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Penny Romania Set To Invest EUR120M To EUR150 In 2025
yesterday, 23:32
Discount store chain Penny will invest EUR120 million to EUR150 million in Romania in 2025, about the same as in the previous years, says Chief... more
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Altex Set To Reach Over 130 Units In Romania With New Store Opening In Caracal On Feb. 13
yesterday, 21:55
Altex, Romania’s largest electro-IT retailer, held by entrepreneur Dan Ostahie, will be opening a store in Cometex Retail Parks, in the town of... more
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Romania's Central Bank Clears Catalin Parvu To Take Over As Executive Vice President Of Exim Banca Romaneasca
yesterday, 20:27
Catalin Parvu, one of the most famous bankers in the Romanian market, has received the approval of Romania's central bank to take over the position... more
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Nuclearelectrica Signs Four New Wholesale Energy Sale Contracts Worth RON155M With Energy Distribution Services
yesterday, 19:22
Nuclear power producer Nuclearelectrica (stock symbol: SNN) on Feb. 5 concluded four new contracts worth a total of RON155 million for wholesale... more
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Competition Council: Sale Of Telekom Mobile To Vodafone And Digi Stands High Chances Of Approval
yesterday, 17:56
The deal whereby Deutsche Telekom (Germany) and OTE (Greece) Group seek to sell Telekom Romania Mobile operations to Vodafone and Digi stands... more
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HazelHeartwood Inaugurates New HQ In Timpuri Noi Square
yesterday, 16:59
HazelHeartwood, a Belgian management consulting firm, is inaugurating a new headquarters after leasing approximately 400 square meters of gross... more
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E.ON Romania Wants to Reach 1 Million Clients on Energy Solutions and Services Segment from 860,000 Currently
yesterday, 16:46
E.ON Energie Romania, a leading gas and electricity supplier on the local market, wants to reach 1 million clients on the segment of power... more
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Filip & Company Assisted eMAG and HeyBlu IFN in Orange Money Acquisition
yesterday, 11:12
Law firm Filip & Company has legally assisted Dante International (eMAG) and HeyBlu IFN, a financial services company owned by eMAG group, in the... more
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One United Properties Reports EUR227M Worth of Sales and Pre-Sales for 2024
yesterday, 11:01
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, reports total sales and... more
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Transilvania Investments Alliance Wants to Start Buyback Program of Maximum RON92.5M
yesterday, 10:51
Transilvania Investments Alliance is convening its shareholders on March 10, 2025 to approve among others a share buyback program of up to RON92.5... more
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BRD 2024 Net Profit Down 8% To RON1.52B
yesterday, 10:37
BRD Groupe Societe Generale, the fourth largest bank in Romania, in 2024 posted RON1.47 billion net profit, down 9.7% from 2023, and RON3.89... more
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Fortech Investments Reaches Portfolio of 18 Tech Startups, Eyes 2-4 Projects in 2025
yesterday, 10:20
Investment fund Fortech Investments has since its launch in 2021 invested EUR8 million in 18 tech startups, of which EUR2 million were earmarked... more
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Samsung Romania: Smartphone Market Expanded by 3% by Value in 2024
yesterday, 10:12
Romania smartphone market rose by 3% in 2024 by value amid consumers’ penchant for more expensive models and the tendency will maintain this year. more
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New Car Registrations Down 6.4% In January 2025
yesterday, 07:46
New car registrations were down 6.4% to 11,920 units in January, data from Romania’s carmaker association ACAROM show. In comparison, 2024... more
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JYSK Opens Store In Tecuci, Reaches 147 Units In Romania
02.05.2025
Scandinavian home furnishings retailer JYSK continues to expand in Romania and is opening a new store in the town of Tecuci, Galati County, on... more
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Nuclearelectrica Signs RON236M Worth Of Wholesale Energy Sale Contracts With Energy Distribution Services
02.05.2025
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market via a report on Feb. 4 about the conclusion of four... more
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Antitrust Watchdog Clears Acquisition Of Certain Assets Of Ciech Soda Romania By Aloref And Ascom International
02.05.2025
Romania's Competition Council has approved the transaction through which Aloref S.R.L. and Ascom International S.R.L. plan to acquire the... more
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Electrica Shareholders Approve EUR253M Investment In Crucea Est Wind Farm
02.05.2025
Electrica (stock symbol: EL), a major player on Romania’s electricity distribution and supply market, will grant a loan of EUR253 million to the... more
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Asset Manager Amundi Partners With Retail Broker TradeVille In Romania
02.05.2025
Amundi, the European leader in asset management, is expanding its operations through a new partnership for the distribution of investment funds in... more
![Retele Electrice Companies Attract New, RON191M, European Funding for Investments in Distribution Infrastructure](https://storage0.dms.mpinteractiv.ro/media/401/1561/19649/22450673/1/energie2772743-publimedia-shutterstock.jpg?width=198)
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
more![CITR: Over 3,600 Companies In Romania Went Insolvent In H1/2024, Nearly 6% More YoY](https://storage0.dms.mpinteractiv.ro/media/401/1561/19649/22452907/1/dscf0495-edit-imagine-spread.jpg?width=198)
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
more![Energy Ministry Signs Over RON138M Worth Of Financing Contracts For Industrial Sector Investments](https://storage0.dms.mpinteractiv.ro/media/401/1561/19652/22455256/1/2850876-publimedia-shutterstock.jpg?width=198)
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![Cushman & Wakefield Echinox: Real Estate Deal Volume in Romania Surges 131% in H1/2024, Region’s Biggest Increase](https://storage0.dms.mpinteractiv.ro/media/401/1561/19651/22455994/1/cristi-moga-head-of-capital-markets.jpg?width=198)
The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
more![Assets Of Romanian Open-End Equity Funds Grow By RON1.7B In H1/2024 vs RON1.2B For Bond Funds](https://storage0.dms.mpinteractiv.ro/media/401/1561/19568/22456437/1/investitor-grafic-sus.jpg?width=198)
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
more![World Bank Says Fiscal Deficits Will Remain Elevated In Romania](https://storage0.dms.mpinteractiv.ro/media/401/1561/19567/21216964/1/world-bank-web.jpg?width=198)
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![Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings](https://storage0.dms.mpinteractiv.ro/media/401/1561/19566/21220500/1/pusculita-bani-publimedia-shutterstock.jpg?width=198)
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.