Romania | News
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ZF English - 14:23 May 24, 2023
Germany’s Bosch ended fiscal 2022 with consolidated sales of RON2.5 billion (EUR512 million) in Romania, an increase of 4% on 2021, while investments made last year stood at RON410 million (some EUR83 million), going mainly to the development of the production facilities in Cluj and Blaj, as well as to the Bosch engineering center in Cluj. -
CEENERGYNEWS - 12:05 May 22, 2023
A Memorandum of Understanding on the continuation of natural gas and electricity network interconnection projects between Romania and Moldova was signed by the respective governments. -
ZF English - 11:09 May 17, 2023
Romania continues to rank 14th in the European Union by the number of new passenger cars registered in January-April 2023, with 46,831 units, 25% more than in the same period of 2022, data from the European Automobile Manufacturers Association (ACEA) showed on Wednesday (May 17). -
ZF English - 10:07 May 17, 2023
The number of companies with foreign capital newly established in Romania grew by 10.3% in the first three months of 2023 compared to the same period of 2022, to 1,809 units, as per data from Romania's Trade Register Office. -
ZF English - 18:43 May 16, 2023
French-held building materials manufacturer Saint-Gobain and ENGIE Romania have started the construction of the largest on-site photovoltaic park in Romania. -
ZF English - 18:46 May 15, 2023
Alstom, one of the largest actors in the transportation technology sector in the world, has 110 positions open for Romania at the moment, its career website shows. Alstom makes a complex range of transportation technologies from high-speed trains, subways or streetcars to turn-key transportation infrastructure systems or electric mobility solutions. -
ZF English - 18:07 May 11, 2023
Private equity firm BlackPeak Capital has appointed Virgil Chitu, a banker with more than ten years of experience, head of its Romanian operations and announced an up to EUR40 million investment plan to support small and medium-sized businesses in Romania. -
ZF English - 14:50 May 11, 2023
Swedish furniture and home décor retailer IKEA will be opening its third store in Romania, in western city of Timisoara, on June 8, 2023. -
ZF English - 14:30 May 11, 2023
Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, has announced on May 11, 2023 that it will open its second store in Romania, in Bucharest-based AFI Cotroceni shopping center, on June 20, 2023. -
ZF English - 14:01 May 11, 2023
Dacia Mioveni and Ford Otosan Craiova, the two car plants in Romania, manufactured 34,000 vehicles in April 2023, 15% fewer than in April 2022, as per data from the country's carmakers association ACAROM. -
ZF English - 19:25 May 09, 2023
The investment potential of the green power market (solar panels, heat pumps, insulation) in Romania stands at more than EUR30 billion by 2040 and about EUR20 billion of that could come from banks, a report of advisory firm McKinsey & Company Romania shows. -
ZF English - 07:03 May 04, 2023
Spedition UMB, Romania’s largest building company by 2021 figures, saw its 2022 turnover soar by 61% to RON2.1 billion from 2021. Profit posted a fourfold increase, to RON137.8 million, but the number of employees is still low, at below 50. -
ZF English - 16:55 May 03, 2023
New car registrations in Romania increased by 16.48% to a total 9,865 units in April 2023 versus April 2022, data from the association of automotive manufacturers in Romania (ACAROM) showed on Wednesday (May 3). -
ZF English - 19:56 May 02, 2023
AKCENTA, regional fintech leader in international payments and currency exchange, announces the appointment of Daniel Bogiu as Country Manager of AKCENTA in Romania, thus marking the strategic decision to expand the local presence in each county and increase the support capacity for customers in Romania, as per data from company representatives. -
ZF English - 07:01 May 02, 2023
Fashion retailer C&A has reached 50 offline stores in Romania, five more than two years ago and ten more than at the pandemic onset, in 2020. -
ZF English - 06:52 May 02, 2023
Silviu Popovici, the most powerful Romanian executive at PepsiCo, says that during the period full of challenges globally he has not out strategic investments on hold and is further developing inclusively the business of Romania and wants to invest in brands and sustainability. -
ZF English - 19:23 Apr 27, 2023
Cosmetics and consumer goods producer and distributor Sarantis, held by the Greek group by the same name, increased its revenue by 14.3% to RON463.5 million in Romania in 2022, in a year with a record high inflation. -
CEENERGYNEWS - 12:05 Apr 27, 2023
Transgaz and E.ON Romania have signed an MoU on future cooperation in aligning and correlating both sides' development strategies concerning natural gas infrastructure with European Green Deal and other European legal provisions. -
ZF English - 06:37 Apr 27, 2023
McDonald’s Romania, leader of the restaurant market, ended 2022 with EUR297 million, up around 28% from 2021. -
ZF English - 20:47 Apr 25, 2023
French-held Carrefour group will take over rival Cora’s operations in Romania in the largest deal in local retail in the last few years, put at EUR70 million to EUR90 million, several sources told ZF. The two parties had not returned ZF’s calls for comment on the agreement and the motivation behind the sale and acquisition by the time the story was ready for posting.