Romania | News
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ZF English - 07:06 Jul 19, 2022
Mayr-Melnhof, a major player on Romania’s packaging production market, is investing to expand its production capacity and warehousing spaces in Ploiesti. The company has an over EUR10 million budget for investments, but not all the money is destined to the warehouse. -
ZF English - 15:13 Jul 18, 2022
Scandinavian retailer of furniture and home products JYSK continues expansion in Romania with a new store in Sovata, Mures County, set to open on Thursday, July 21 for a total of 124 in the country. -
ZF English - 09:20 Jul 18, 2022
Romania’s power consumption was 5.2% lower in the first four months of 2022, as households used 3.2% less electricity and industrial consumers 6.4%, a report of Romania’s energy market regulator ANRE shows. -
ZF English - 06:57 Jul 18, 2022
Polish discounter Pepco has reached a 285-unit network in Romania, making the local market the second most important for the retailer after the country of origin, Poland. -
ZF English - 13:42 Jul 14, 2022
Agroland Business System (AG.RO), the Romanian retail, agriculture and food entrepreneurial group which owns the largest network of agricultural stores in Romania, announced in a stock market report on Thursday (July 14) the opening of the 20th Agroland MEGA store in Romania. -
ZF English - 14:19 Jul 13, 2022
The number of real estate companies grew by over 20% over the last four years across Romania, reaching a total 18,653, in line with data from the National Trade Register. -
ZF English - 11:36 Jul 13, 2022
The third edition of 2022 Start-Up Nation program in Romania starts on July 19 with a total budget projected at RON2.2 billion. -
ZF English - 11:10 Jul 13, 2022
TeraPlast, part of TeraPlast Group, the largest polymer processor in eastern Europe, has become a member of the Professional Association of Cable Manufacturers in Romania (APPCR). -
CEENERGYNEWS - 09:03 Jul 13, 2022
Hungary and Romania plans to significantly increase the capacity of the gas interconnector between the two countries and also to create new transport routes for nuclear fuel rods. -
ZF English - 07:59 Jul 05, 2022
The 15 players on Romania’s packaging transfer market, namely the organizations in charge of collecting and recycling all types of packaging (OIREP), ended 2021 with overall turnover of RON824.3 million. -
ZF English - 13:47 Jul 04, 2022
The International Finance Corporation (IFC), the investment arm of the World Bank Group, has granted a loan of EUR85 million to Globalworth Holdings Cyprus Limited, fully owned by Globalworth Real Estate Limited (GREIL), aiming to promote and expand green projects in Romania. -
Business Review - 10:47 Jul 04, 2022
Favorite areas for Spanish investors in Romania are real estate market, the construction field, but also the IT&C sector. Also, green energy and retail are among the top sectors in our country that attract investments from Spain, according to the information from the ASEMER Association – an association of Spanish investors in Romania. Spanish […] -
ZF English - 07:48 Jul 04, 2022
Romania’s beer market suffered a 10% decline in the first four months of 2022 from the year-earlier period after, at the level of Europe, sales in bars and restaurants dropped by 35% in 2021, shows an analysis drawn up by Romanian Brewers Association. -
Business Review - 08:16 Jul 01, 2022
NN marks 25 years in Romania and amplifies its strategy to protect the financial future of Romanians
NN Asigurari de Viata, the leader of the life insurance market, closed the first 25 years of activity in Romania with a significant footprint in society and in the local economy. Since July 1997, NN supports clients to protect everything that matters most to them, contributes to relevant social causes in the communities it […] -
ZF English - 07:40 Jul 01, 2022
The European Commission closed the investigation started in 2018 with relation to the Romania’s EUR335 million aid to Oltchim, as the petrochemical company was declared insolvent in 2019 and ceased its economic activities. -
ZF English - 06:51 Jun 28, 2022
French fashion brand Orsay has shut down all its physical stores in Romania, together with the online one, with part of the company’s products being now available on the online platform aboutou. -
ZF English - 13:19 Jun 27, 2022
US President Joe Biden at the G7 Leaders’ Summit on Monday announced allocation of a $14 million grant under the Partnership for Global Infrastructure and Investment (PGII) initiative for a new phase of the small modular nuclear reactor development by NuScale in Romania, Nuclearelectrica (SNN.RO) said. -
Business Review - 08:28 Jun 27, 2022
REI, the second largest group of companies in Romania specialized in attracting non-reimbursable financing with European funds or through state aid mechanisms, according to data from 2021, has submitted more than 100 projects for non-reimbursable financing for the installation of more than 600 MW of renewable energy through the C6 – Energy component of the […] -
ZF English - 12:47 Jun 24, 2022
Romania’s insurance market reached a volume of underwritten gross premiums of RON4.66 billion in the first three months of 2022, a record increase of 46% compared with the year-ago period, the representatives of the Financial Supervisory Authority (ASF) said in their latest report. -
ZF English - 08:37 Jun 23, 2022
French group Lagardère, present in Romania via Travel Retail, Lagardère Travel Retail, active in the travel retail sector, plans to open 30 new spaces in Romania by the end of this year, mainly focusing on proximity concepts and development in airport areas.