Romania | News
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ZF English - 15:00 Dec 15, 2022
TBI Bank, with operations in Romania, Bulgaria, Germany, Greece and Lithuania, had a net profit of EUR30.2 million in January-September 2022, up 33% on the year, the bank said in a statement. -
ZF English - 08:13 Dec 15, 2022
Romania’s software and services market suddenly slowed down toward yearend, from an average annual increase of 15-17% to 5% in the past two months, as many projects traditionally wind down before yearend and companies are reluctant to start new ones at this moment, reveals an analysis by OVES Enterprise, a software developer of Cluj Napoca. -
ZF English - 17:42 Dec 14, 2022
Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, is opening on Thursday (Dec 15, 2022) its first store in Romania, within Bucharest’s ParkLake shopping center. -
ZF English - 16:07 Dec 13, 2022
Green Genius, one of the main European renewable energy developers, part of Lithuania’s Modus Group, has signed the first solar power development contract in Romania, a EUR8 million project in Ulmi, Dambovita County (south of the country). -
ZF English - 13:17 Dec 13, 2022
Enel X Romania, part of Enel X Global Retail, the advanced energy services division of Italy’s Enel Group, will build a photovoltaic (PV) park with a total installed capacity of 2.5 MW for Romanian pharmaceutical manufacturer Antibiotice Iasi. -
ZF English - 20:25 Dec 12, 2022
Romanians spent EUR261 million in the top ten footwear store chains in Romania last year. The amount is 6.5% lower than in the benchmark year 2019, the last year before the pandemic, according to ZF’s calculations Cushman & Wakefield Echinox data. -
ZF English - 12:42 Dec 12, 2022
Inflation is a top concern for two-thirds of consumers in Romania, followed by the invasion of Ukraine and healthcare costs, according to the “Consumer Sentiment Survey” conducted by McKinsey&Company Romania in November 2022. -
ZF English - 07:51 Dec 12, 2022
Sweden’s Electrolux, which owns a plant in Satu Mare, this autumn opened a new hob production line in Romania. Thus, the production capacity of the local plans has reached 1.3 million units. -
ZF English - 20:51 Dec 09, 2022
A total 20,223 housing units were put into use in Romania in the third quarter of 2022, 1,957 more than in the same period of 2021, data from the country’s statistics board INS showed on Friday (Dec 9). -
ZF English - 17:21 Dec 07, 2022
Swiss-based European energy firm MET Group has announced its entry into the Romanian renewables market with the acquisition of a 100% stake in a solar project currently under development in southern Romania. -
ZF English - 16:44 Dec 07, 2022
Dennis Selinas, the future CEO of Globalworth, has been elected Chairman of the Board of Directors of the Association of Real Estate Investors in Romania (AREI), for the next two years. -
ZF English - 16:24 Dec 05, 2022
Furniture maker and retailer Mobexpert plans to open 20 stores in Romania in the coming years, said the retailer’s Chief Executive Officer, Adelina Badea. -
ZF English - 18:18 Dec 02, 2022
The number of companies with foreign capital newly established in Romania grew by 30.7% in the first ten months of 2022 compared to the same period in 2021, up to 6,175 units, according to data centralized by the country's Trade Register Office. -
ZF English - 13:30 Nov 29, 2022
Polish retailer Smyk Group, specialized in selling children’s products, will be opening its first store in the town of Roman, on Thursday (Dec 1), reaching a total 27 units in Romania. -
ZF English - 20:56 Nov 28, 2022
Lithuania’s Apex Alliance Group, which owns several hotels in Romania, expects to end 2022 with EUR25 million to EUR30 million revenue, its officials say. -
ZF English - 13:45 Nov 28, 2022
After almost a decade of very strong GDP growth, Romania is preparing itself for a steep slowdown, said Dimitrios Goranitis, Banking and Capital Markets leader, Deloitte Central Europe. -
ZF English - 11:49 Nov 28, 2022
German-held discount retailer Lidl has announced the opening of three new stores in Romania, in the city of Bucharest and the towns of Vaslui and Pecica. -
ukrinform.net - 13:40 Nov 24, 2022
Lawmakers of both houses of the Parliament of Romania voted at a joint meeting on November 23 in favor of a declaration condemning the man-made famine (Holodomor) in Ukraine in 1932-1933. -
ZF English - 11:29 Nov 24, 2022
Fagura, a private-to-private (P2P) lending platform developed by Moldovan entrepreneurs, has launched a new funding round through British crowdfunding platform Seedrs.com to support the scaling of operations in Romania and the development of digital banking services in partnership with other banks. -
ZF English - 22:00 Nov 23, 2022
Energy Power Holding, an Austrian-held company operating in Austria, Estonia, Slovenia and Poland, has recently completed the acquisition of six green power projects or a total of 81 MW in Romania at a time others, like Italy’s Enel for instance, are leaving and has 1,500 MW in photovoltaic parks in development in the country.