Romania | News
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ZF English - 12:38 Aug 16, 2022
Skiptrans, part of Jost Group, an international carrier located in Luxembourg and Belgium, had a turnover of RON329.2 million (almost EUR67 million) in 2021 in Romania, down 2.5% from RON337.4 million (EUR69.7 million) in 2020, as per calculations by Ziarul Financiar (ZF) based on finance ministry data. -
ZF English - 10:19 Aug 12, 2022
Canadian coffee shop chain Tim Hortons has posted its first job ads for Romania, a move that could indicate the group is preparing to arrive in the country. -
ZF English - 07:16 Aug 12, 2022
The five best-selling bottled mineral water brands in Romania had a combined market share of 78.7% by value last year, data from market research company Market Vektor show. -
ZF English - 15:08 Aug 09, 2022
Germany’s Daimler Group, which owns the Star Assembly company in Sebes and is the third largest exporter in Romania, is seeking RON185 million state aid for a total investment of RO675 million, the Finance Ministry announces in a document on its website. -
ZF English - 10:26 Aug 05, 2022
The VC funding in Romania in the second quarter of 2022 (some EUR30 million) was worth roughly one-third of the funding in Estonia, Ukraine and Hungary - each of them with just over EUR100 million raised in the quarter, as per the VC Funding in CEE Report – 2Q/2022 compiled by Vestbee, the leading platform for startups, VC funds, accelerators, and corporates in CEE. -
ZF English - 17:11 Aug 02, 2022
Global technology and software company Emerson, part of US-based Emerson, reported a turnover of RON1,080 billion (EUR219.6 million) for 2021 in Romania, up 12.3% from 2020, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data. -
ZF English - 11:46 Aug 01, 2022
With a score of 30.6 points, Romania lags behind all other EU Member States, according to the European Commission's 2022 Digital Economy and Society Index (DESI) which tracks digital progress in the European Union. The EU average is 52.3 points. -
ZF English - 07:10 Aug 01, 2022
DIY network Brico Depot, with 35 stores on the Romanian market, wants to expand the range of products it sells in Romania and continue investments in the online platform. -
ZF English - 07:06 Jul 29, 2022
Electromontaj, which specializes in constructions for energy projects, has completed the takeover of the majority 82,68% stake in Electrotehnica Echipamente Electrice, Romania’s oldest producer of electrical equipment, transformers and coils. -
ZF English - 06:45 Jul 28, 2022
Artur Cirjevski, CEO of Food Union Group in Europe, a group that owns Alpin 57 Lux, a maker of ice cream, frozen vegs and bakery products, says the group has carried out large investments in Romania and this year plans to develop the sales infrastructure, with investments revolving around EUR1 million. -
CEENERGYNEWS - 07:32 Jul 27, 2022
Romania's Minister of Energy Virgil Popescu met with the President of the US Exim Bank, Reta Jo Lewis, who reiterated their support for strategic investments in the development of the civil nuclear program in Romania. -
ZF English - 08:01 Jul 26, 2022
BlackCab, a provider of alternative transport services in Bucharest, Timisoara, Cluj and Constanta, plans to expand its services to other cities of Romania. -
CEENERGYNEWS - 13:35 Jul 25, 2022
Romania will receive 6.75 billion euros from Cohesion Policy in 2021-2027 in the framework of its Partnership Agreement with the Commission to promote its green and digital transition. -
ZF English - 07:58 Jul 25, 2022
CC Trust Group, a family business founded and owned by Swiss entrepreneur Claudio Cisullo, has entered Romania’s energy efficiency market with a franchise in the field of smart buildings. -
ZF English - 12:47 Jul 22, 2022
Modern stock of industrial and logistics space reached 5.6 million square meters at the end of last year, putting Romania on the third place as a I&L market among the 15 largest economies in the Central and Eastern Europe, a report of real estate consultant Colliers says. -
ZF English - 07:02 Jul 20, 2022
Cooperativa Gradina Noastra of Brezoaiele, Dambovita county, having an 85-ha area cultivated with cabbage and potatoes, and Cooperativa Gradina Noastra of Insuratei, Braila county, currently having a 70-ha area cultivated with water melons, are set to deliver around 10,000 of freight to French retailer Carrefour, which has over 370 stores in Romania. -
ZF English - 06:51 Jul 20, 2022
Romania’s housing market in 2021 broke the previous record in terms of new housing units delivered in one year, going beyond the threshold of 71,000 new completed houses and apartments, in line with data recently published on Tempo platform of the National Statistics Board. -
ZF English - 15:44 Jul 19, 2022
Private consumption increased in the second quarter of 2022 compared with the year-ago period, while investments followed a downward trend, which makes a decisive impact on the decline of the annual GDP dynamics, partly because of the sizeable drop in construction works in April, Romania’s central bank says in its monetary policy meeting minutes. -
ZF English - 11:49 Jul 19, 2022
The annual inflation will increase until the middle of the third quarter of 2022, yet at a visibly slower pace, Romania’s central bank monetary policy meeting minutes show. -
ZF English - 10:21 Jul 19, 2022
Romania’s public debt, in both lei and foreign currency, increased to more than RON600 billion in April 2022 from RON594 billion in March and to 49.2% of the GDP, Finance Ministry data show.