Romania | News
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ZF English - 20:11 Dec 30, 2022
Romania’s active population is 8.185 million people, respectively 42% of the total number of residents, consisting of 7.68 million employed people and 496,100 unemployed, in line with the first provisional data of the population census conducted in 2022 and released on Dec 30, 2022 by Romania’s statistical board INS. -
ZF English - 17:30 Dec 29, 2022
After 2020 and 2021 were affected by the effects of the coronavirus pandemic, the year 2022 came with new challenges, such as a war on the borders of Romania, energy crisis, inflation, rise in interests and loan installments. -
ZF English - 15:38 Dec 29, 2022
Romania’s Competition Council has approved a transaction whereby US company The Sherwin-Williams Company, a manufacturer of paints and coatings also present in Romania, is acquiring Italy’s Industria Chimica Adriatica active on the Romanian market through a wholesaler. -
ZF English - 12:58 Dec 29, 2022
Romania’s finance ministry is launching new government bond issues for the general population only, on Tuesday (January 3, 2023), through the TEZAUR program. -
ZF English - 07:41 Dec 29, 2022
The number of insolvencies globally is set to go up by around 2% in 2023 against 2019, reveals an analysis by Allianz Trade. In Romania, the number of insolvencies will be 20% higher than in 2019. -
ZF English - 08:12 Dec 23, 2022
Rezolv Energy, a company owned by British investment fund Actis, has completed two new deals in the field of renewable energy in Romania, by taking over the majority stake in Low Carbon, which develops two onshore wind parks in Adamclisi and Deleni, Constanta county, and wind park Vis Viva of Buzau. -
ZF English - 16:41 Dec 22, 2022
The year 2022 brought a record number of newly established companies in Romania, with almost 100,000 limited liability firms being set up during the period January-October, according to Trade Register data. -
CEENERGYNEWS - 12:33 Dec 22, 2022
ROMGAZ and SOCAR TRADING signed the first individual contract for gas deliveries from Azerbaijan to Romania. -
ZF English - 07:14 Dec 22, 2022
Romania is on Polish retailer Answear’s shortlist for the development of a logistic hub in southeast Europe, together with Bulgaria, explained Raluca Radu, country manager at Answear Romania. -
ZF English - 20:18 Dec 21, 2022
A new IFC investment in UniCredit Bank S.A.senior bonds issues, representing a part from the total of $80 million approved amount in relation to UniCredit Bank’s Euro Medium Term Notes Program, will help increase access to finance for green housing in Romania, including green mortgages and green home improvement loans, supporting the country’s climate goals. -
ZF English - 19:50 Dec 21, 2022
Law firm Wolf Theiss has advised AFI Europe on obtaining a EUR450 million credit facility for the purposes of refinancing its three shopping centers in Romania – AFI Cotroceni in Bucharest, AFI Ploiesti and AFI Brasov. -
ZF English - 14:59 Dec 21, 2022
German-owned discount store chain Penny, one of the most active retailers in Romania, continues its expansion plans by opening 13 new stores in December 2022, reaching a total 36 new units in 2022. -
ZF English - 13:58 Dec 21, 2022
The financing for tech startups in Romania reached EUR226 million in the first ten months of 2022, 36% more than in 2021, despite the high inflation and the macroeconomic situation, a report by SeedBlink and Horvath Consulting on the market trends, the main actors and the impact of the platform in Central and Eastern Europe shows. -
ZF English - 21:31 Dec 20, 2022
Automobile Dacia delivered 10,000 Spring electric cars in Romania between October 13, 2021 and December 20, 2022. -
ZF English - 15:41 Dec 20, 2022
Romania’s National Defense Ministry via Compania Nationala Romtehnica has signed a framework agreement with Israel’s Elbit Systems Ltd for up to seven UAS Watchkeeper X systems worth a total of about RON1.891 billion, VAT not included. -
CEENERGYNEWS - 12:33 Dec 20, 2022
The leaders of Azerbaijan, Georgia, Hungary and Romania signed an agreement in Bucharest to build an underwater electric cable under the Black Sea. The ambitious project could support the EU's diversification efforts by creating a corridor for green energy. -
ZF English - 16:45 Dec 19, 2022
In 2021, among EU member states, the highest average annual adjusted full-time salary was in Luxembourg (EUR72,200), Denmark (EUR63,300) and Ireland (EUR50,300), and the lowest in Bulgaria (EUR10,300), Hungary (EUR12,600) and Romania (EUR13,000), according to a report by Eurostat, the statistical office of the European Union (EU). -
CEENERGYNEWS - 14:58 Dec 19, 2022
Global renewable energy company Low Carbon has announced that it will be constructing two onshore wind farms in Romania with a capacity of up to 600 MW. -
ZF English - 09:19 Dec 19, 2022
Luxoft Romania, a wholly owned subsidiary of DXC Technology and one of Romania’s biggest software development and IT solutions company, has expanded its team in recent years and ends 2022 with 2,500 employees. -
ZF English - 09:08 Dec 19, 2022
French-Belgian retailer Cora, present in Romania with an omnichannel business including 10 hypermarkets, the ecommerce platform www.cora.ro and 8 cora Urban proximity stores, is cementing its online operations by expanding delivery services nationwide.