Romania | News
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ZF English - 17:06 Sep 15, 2022
Foreign tourists spent a total RON168.8 million in July-August 2022 in Romania, compared to RON155.2 million in the same period of 2021, Global Payments, the world’s largest provider of payment services and technology, said in an analysis regarding the amounts of money traded by card in Romania in the two summer months. -
ZF English - 17:40 Sep 14, 2022
Finnish-held Nokian Tyres, one of the largest tire makers in the world, whose products only go to the aftermarket and not to carmakers’ plants, is considering a new plant in Romania. -
ZF English - 11:35 Sep 14, 2022
Dutch renewable energy group Photon Energy has started the construction of its seventh solar photovoltaic (PV) power plant in Romania, which will have a generation capacity of 7.1 MWp. -
ZF English - 17:21 Sep 13, 2022
Dacia Mioveni and Ford Craiova, the two car plants in Romania, manufactured some 330,400 vehicles in January-August 2022, 15.5% more than in the same period in 2021, as per data from the country's carmakers association ACAROM. -
ZF English - 12:32 Sep 13, 2022
The number of companies in Romania that set off insolvency proceedings increased in the first half of 2022 as compared to the same period of 2021, as per the latest survey conducted by Coface Romania in August 2022. -
ZF English - 07:16 Sep 08, 2022
Romania’s economy is likely to growth almost 4.5 times in the next 40 years, said the representatives of the Foreign Investors Council (FIC) at an event organized by the council. The process can be stepped up, though. -
ZF English - 06:47 Sep 08, 2022
Fressnapf, Europe’s leading company on the pet food and accessories market, has opened one of its first stores in Romania, in Bucharest in Drumul Taberelor shopping center. The company plans to open, by end-2022, another 14 stores countrywide and on the long term it sees the potential of opening 100 stores in Romania. -
ZF English - 08:46 Sep 06, 2022
Romania’s hotel market is expanding further and by 2023, 18 new hotels will be opened in Bucharest and countrywide, in line with the Real Estate “Romanian Hotel Market” report by Crosspoint Real Estate. -
ZF English - 07:29 Sep 06, 2022
Austria’s Enery Power Holding, also present on the energy markets of Czechia, Slovakia and Bulgaria, signed an agreement to buy the renewable energy project portfolio owned by Canada’s Jade Power Trust in Romania, for EUR71 million. -
ZF English - 07:20 Sep 05, 2022
China’s Huawei, one of the world's biggest players on the phone, PC and wearable gadgets market, plans to strongly develop sales on the B2B segment in Romania, from small and medium-sized companies, to large ones and governmental organizations, a step envisaging the setting up of a dedicated team. -
ZF English - 15:35 Sep 01, 2022
Prime Kapital, a real estate developer and investor active in Central and Eastern Europe, and its investment partner MAS PLC, a real estate investor listed on the Johannesburg Stock Exchange, plan to invest EUR1.97 billion in retail, office, and residential developments in Romania with a total area of 1.5 million square meters, by 2029. -
ZF English - 07:05 Aug 30, 2022
The three most profitable large banks in Romania in 1H/2022 were BCR, Banca Transilvania and BRD-SocGen, with overall earnings of above RON2.5 billion, namely more than half of the total profit of the system. -
ZF English - 06:41 Aug 30, 2022
UiPath, Romania’s first IT company that has reached Wall Street, in 2020 also became the country’s largest IT company by turnover reported to the Finance Ministry. -
ZF English - 10:45 Aug 25, 2022
Citi has announced the appointment of Samir Karia as Citi Country Officer for Romania and Managing Director of Citibank Europe plc, Dublin - Romania branch, in charge of developing and implementing the bank's local strategy and ensuring effective risk management and controls. -
ZF English - 11:11 Aug 24, 2022
Romania’s competition watchdog has greenlighted the acquisition by Poultry Integration Farms based in Satu Mare of certain assets related to raising and selling live chicken, day-old chicks and sale of hatching eggs from Sam Mills Europe and Sam Mills Feed. -
CEENERGYNEWS - 09:31 Aug 22, 2022
The European Bank for Reconstruction and Development (EBRD) has invested 26 million euros in Romania’s first sustainability bonds, issued by Raiffeisen Bank Romania. -
ZF English - 07:27 Aug 22, 2022
The four largest video game developers in Romania generated overall turnover worth almost EUR180 million (RON878 million) in 2021, up almost 19% on the year, in line with ZF calculations based on Finance Ministry data. -
ZF English - 16:09 Aug 18, 2022
The annual inflation rate in the European Union was 9.8% in July 2022, up from 9.6% in June 2022 and from 2.5% in July 2021. In Romania, the annual inflation was 13% in July 2022, in line with data from Eurostat, the statistical office of the European Union, on Thursday (August 18). -
ZF English - 08:26 Aug 18, 2022
Romania produced 600,550 tons of cabbage in 2020, making it the third largest producer in the European Union after Germany and Poland, according to statistics of the United Nations’ Food and Agriculture Organization (FAO). -
ZF English - 13:41 Aug 16, 2022
Romania’s courier services market continues its upward trend in 2022 but is expected to see more moderate growth versus the last two years, of just 10%, to over RON6 billion, as per estimations by Ziarul Financiar (ZF) daily based on market data.