Romania | News
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ZF English - 18:06 Sep 28, 2022
Nuclear power producer Nuclearelectrica and Nova Power & Gas launch RoPower Nuclear, the project company for the development of small modular reactors (SMRs) in Romania, on the site of the former coal-fired power plant in Doicesti, Dambovita County, Nuclearelectrica said in a stock market report on Wednesday. -
ZF English - 13:40 Sep 28, 2022
Germany’s do-it-yourself (DIY) retailer Hornbach is expanding its Romanian store network by opening its ninth unit, in Constanta (south-eastern Romania). -
ZF English - 10:29 Sep 28, 2022
The European Bank for Reconstruction and Development (EBRD) on Wednesday (Sept 28) revised upwards its forecast on Romania’s economic growth to 5.4% in 2022 from a previous projection of 2.5%, which translates into an increase of 2.9 percentage points. -
ZF English - 19:18 Sep 27, 2022
Romania is a strategic market for Spanish-owned Glovo, as more than 10% of the global virtual stores operating under the Glovo Express brand in the group's network are located locally, says Daniel Alonso, vice president of Glovo's quick commerce division. In fact, the Romanian office is a regional hub. -
ZF English - 13:58 Sep 27, 2022
Cluj-based software development company RebelDot is opening its third office in Romania and the company’s main head office, in Cluj-Napoca, within the Buftea Business Center, adapted to the hybrid way of working. -
ZF English - 12:10 Sep 27, 2022
The most in-demand jobs in the IT industry in Romania are interface developer, software engineer, security specialist, big data analyst and quality assurance specialist, according to Undelucram.ro, the largest online community of employees in Romania. -
ZF English - 11:50 Sep 27, 2022
Romania’s insurance market reached a volume of underwritten gross premiums of RON8.76 billion in the first half of 2022, up 44% compared with the year-ago period, the country’s Financial Supervisory Authority (ASF) said in its latest report on the evolution of the insurance market. -
CEENERGYNEWS - 13:07 Sep 26, 2022
The INVL Renewable Energy Fund I signed two agreements for the acquisition of six solar projects with a total capacity of 102.7 MW in Romania. -
ZF English - 07:14 Sep 26, 2022
INVL Renewable Energy Fund I, managed by Lithuania’s INVL Asset Management, has bought another 6 solar power projects in Romania, with a capacity of around 103 MW, thus holding around 269 MW in solar parks locally. -
ZF English - 07:03 Sep 26, 2022
Cement producer Romcim, part of Ireland’s CRH, registered solid results in East-European countries in the first six months of this year, with Romania and Poland in particular boasting high sales. -
ZF English - 18:46 Sep 21, 2022
The pet food and accessories market in Romania appears to be immune to the looming economic crisis, as specialist retailers continue development, even doing it at a fast clip, and when it comes to consumer spending, Romanians are buying cheaper food for them but not for their pets. -
ZF English - 07:06 Sep 21, 2022
Sun Wave Pharma, a company specializing in the production of natural supplements, set up in 2008, has ambitious growth plans locally, in Romania, but also in the region, in ECE, where it wants to expand. For the next 3-4 years, the company’s plan is to open its own plant in Romania, said Bedros Kalfayan, Sun Wave Pharma CEO, in an interview with ZF. -
ZF English - 17:45 Sep 20, 2022
EY Romania’s Strategy and Transactions team assisted Austria’s investment company Enery in acquiring the portfolio of renewable energy projects owned by Canada’s Jade Power Trust in Romania. -
CEENERGYNEWS - 11:33 Sep 20, 2022
OMV Petrom, the largest integrated energy company in South-Eastern Europe, has installed photovoltaic panels in 110 OMV and Petrom filling stations across Romania. -
ZF English - 07:53 Sep 20, 2022
Romania’s digital economy is likely to grow 3.5 times by 2030, to around EUR52 billion, from RON14.8 billion in 2021, with IT&C investments and e-commerce as the main growth drivers, in line with the Digital Challengers on the Next Frontier report by McKinsey & Company. -
ZF English - 07:24 Sep 20, 2022
Romania’s exports of heated tobacco products in 2021 reached RON723 million, overshooting cigarette exports, which totaled RON617 million, but locally cigarettes still dominate in the preferences of 5 million adult consumers, according to Philip Morris Romania. -
ZF English - 09:25 Sep 19, 2022
OMV Petrom, the largest integrated energy company in South-Eastern Europe, has installed photovoltaic panels in 110 OMV and Petrom filling stations in Romania and almost EUR3 million were invested in this project so far. -
ZF English - 12:31 Sep 16, 2022
Global investment firm Actis, based in London, has entered Romania’s renewable energy market by buying the majority stake (51%) in the 450 MW wind farm project Vis Viva in Buzau County. -
ZF English - 06:21 Sep 16, 2022
Turkish group Memorial Hospital mulls entering Romania via the acquisition of some already operational hospitals, according to industry sources. -
ukrinform.net - 18:47 Sep 15, 2022
The ministers of foreign affairs of Ukraine, Moldova, and Romania together with the energy ministers of these countries initiated a new tripartite cooperation format.