Romania | News
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ZF English - 12:16 Mar 12, 2024
Net investments in Romania’s economy totaled RON189.3 billion in 2023, up 16.6% year-over-year, data from the country’s statistics board INS showed on Tuesday (March 12). -
ZF English - 15:11 Mar 11, 2024
Marius Cara is the new resident representative of the European Investment Bank (EIB) Group in Romania. -
ZF English - 07:34 Mar 11, 2024
Polish group Amrest, which owns 59 Starbucks coffee shops and 10 Burger King restaurants locally, last year generated EUR3.2 million gross profit in Romania, up 28% from 2022. -
ZF English - 15:12 Mar 08, 2024
The salary gap between women and men continues to be high in Romania, namely 21.6% in favor of men, reveals the “Equal Pay Gender” analysis, carried out by PwC Romania based on the data collected in the Paywell survey. -
ZF English - 08:07 Mar 04, 2024
Motorola Mobility, part of Chinese group Lenovo, plans to reach the threshold of 500,000 smartphones sold in Romania this year, thus maintaining the growth pace registered locally in recent years. -
ZF English - 21:53 Feb 27, 2024
Hungarian construction company Kesz, which has built several plants and real estate projects in Romania, is set to develop its first own residential project in Romania. -
CEENERGYNEWS - 16:05 Feb 27, 2024
The European Commission's Director General for Energy Ditte Juul Jørgensen "appreciated" Romania for its rapid progress in the modernisation and development of the national power system, during a meeting with her counterpart Sebastian Burduja. -
ZF English - 21:25 Feb 26, 2024
Revolut is entering the bank deposit market in Romania and rolling-out annual interest-bearing in-app savings accounts to its over 3.5 million customers in Romania. -
CEENERGYNEWS - 14:33 Feb 23, 2024
Romania's Minister of Energy Sebastian Burduja and the Mayor of Suceava Ion Lungu signed on Friday a financing agreement for the modernisation of district heating in Suceava, northern Romania. -
ZF English - 11:45 Feb 23, 2024
Romania has a total modern retail space stock of more than 4.3 million square meters, of which over 2.7 million square meters are malls and the rest mainly retail parks, the annual market report published by real estate consultant Colliers shows. -
ZF English - 10:50 Feb 23, 2024
US-held Uber, which operates one of the largest mobility platforms worldwide, on Thursday announced the launch of UberX Share service in Romania, in Bucharest, at the same time as in Poland, Warsaw and Sweden, Stockholm. -
ZF English - 10:08 Feb 23, 2024
German-held retailer Kaufland has opened its fifth store in Constanta, bringing its network to 175 stores in Romania. -
ZF English - 09:41 Feb 23, 2024
Fashion group C&A, which has over 1,300 stores in 17 countries around the world, is still working with only five partner factories in Romania that make clothes for the Dutch brand. The number has steadily declined, from around 40 in 2016, to 20 production facilities in 2019, to eight the following year and five today. -
ZF English - 10:41 Feb 20, 2024
Romania ranks 14th in the European Union by new car registrations in January 2024, with a volume of 12,733 units, an increase of 3.8% on January 2023, data from the Romanian and European carmakers associations ACAROM and ACEA show. -
ZF English - 18:55 Feb 16, 2024
Romania produced a quantity of crude oil of 2.795 million tons of oil equivalent (toe) in 2023, fewer by 129,200 toe (-4.4%) than in the same period of 2022, in line with data released by the National Institute of Statistics (INS). -
ZF English - 16:26 Feb 15, 2024
Romania's wine production was 15% higher in 2023 vs 2022, despite coming from a total vineyard area slightly reduced compared to the previous years, in line with data from ONVPV, analyzed by Wines of Romania. -
ZF English - 07:22 Feb 15, 2024
Developers mull building two new data centers with overall 40-45 MW power in Romania, meaning total investments of almost EUR500 million, in line with data provided by Knight Frank, the real estate consultancy. -
ZF English - 20:42 Feb 13, 2024
The total investment in commercial real estate assets, encompassing office spaces, retail establishments, logistics and industrial spaces, and hotels, across Poland, Czech Republic, Hungary, Slovakia, and Romania, amounted to just EUR5.1 billion in 2023, the lowest annual amount of the last decade, but 2024 outlook shows renewed optimism, as per a report drafted by iO Partners in collaboration with JLL. -
CEENERGYNEWS - 13:05 Feb 12, 2024
Photon Energy Engineering Romania has completed and grid-connected its tenth PV farm in Romania, with a generation capacity of 3.8 MWp. -
ZF English - 07:56 Feb 08, 2024
Romania met several major criteria for France’s Biocodex to decide opening its own Bucharest subsidiary: a good macroeconomic framework, well-trained workforce and cultural closeness to France.