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Real estate developer Zacaria, part of international Alf Mizzi & Sons group established in Malta, is starting work on its first retail park, in Cisnadie, near Sibiu.
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) decreased by 7.4%, in nominal terms, in November 2024 compared with October 2024, but dropped 3.4% compared with June 2023, data from the country's statistics board INS showed on Wednesday (August 14).
British American Tobacco (BAT), the leader of the Romanian tobacco and nicotine products market, is recognized as Top Employer in Romania and 4 other markets in the South Eastern European Area in the company, meaning that 5 of the 10 BAT European organizations recognized as Top Employers are from this Area, the company has announced in a press statement on Thursday (Jan. 23).
Romania's Finance Ministry raised RON1.3 billion from banks on Thursday (Jan. 23), selling discount treasury bills (T-bills) due in January 2026, at an annual average yield of 7.03%.
Losan Depot, a company active in the field of distribution of materials for the furniture and interior design industry, has leased a space of 3,500 square meters in CTPark Bucharest North.
Fashion retailer Reserved, held by Poland’s LPP, is opening a store in Bucuresti Mall, in the space vacated by Zara, one of the best-known fashion brands in the world.
Examin, a Romanian startup specializing in AI-powered automation and video analysis, has raised EUR200,000 in pre-seed funding from a private investor, company representatives said in a statement.
Romania’s industrial sales (on the domestic and external markets) decreased by 3.8% in nominal terms in November 2024 compared with October 2024, but rose 5.2% versus November 2023, data from the country’s statistical office INS showed on Thursday (Jan. 23).
Real estate consultancy CBRE Romania assisted Rus Savitar, one of Romania’s leading furniture producers, founded by Rusu family, in the sale of the plant in Dudestii Noi, Timis county, to UE Furniture, a global leader in the production of chairs, armchairs and sofas.
The Macroeconomic Confidence Index of CFA Romania rose in December, by 6.7 points to 38.1 points, but remains at an extremely low level amid high uncertainty about the direction of Romania economy.
Ascendia (ASC.RO), a developer of e-learning solutions for various fields, such as corporate training, healthcare and entertainment, on Wednesday notified the Bucharest Stock Exchange of having signed a contract with a private educational beneficiary worth RON14.9 million plus VAT.
Business angel network TechAngels, the largest group of private technology investors in Romania, ended 2024 with total investments of EUR3.777 million in tech startups, 25% more than in 2023. Most of the investment was made in the second half, when it reached EUR2.757 million, almost triple the first half level.
ROCA Industry (stock symbol: ROC1), a Romanian holding specializing in building materials production, has announced the appointment of Camelia Ene as Chief Executive Officer (CEO) of the company, starting January 2025, according to a press statement released on Jan. 22, 2025.
Uniprest Instal, a wholesaler of heating installations based in Targu-Mures and controlled by Dutch group Rensa, has signed a lease contract for 3,000 square meters within ELI Park Iasi.
Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers consultants predict in the report ”Top 10 Forecasts for the Romanian Real Estate Market in 2025”.
Monza Ares, the largest private network providing specialized cardiology services in Romania, has inaugurated an interventional cardiology center at the Targu Jiu County Emergency Hospital.
Low-cost airline Wizz Air has announced six new routes that will connect Romania's central city of Sibiu to cities in Germany, Austria, Italy, Switzerland and Spain, starting August 2025.
The Competition Council is reviewing the deal whereby Quantum Auto Max SRL intends to buy assets related to the sale, maintenance and repair of light motor vehicles held by DI-BAS Auto SRL and DI-BAS Prahova SRL.
The Romanian mergers and acquisitions (M&A) market recorded 265 transactions in 2024, with an estimated value of US$6.6 billion, which translates into an annual increase of 10% in the number of deals (vs. 241 deals in 2023), and a 5.9% decrease in estimated value (US$7.1 billion in 2023), according to an analysis by EY Romania.
Companies in Romania expect a challenging year, marked by cautious optimism and a focus on managing risks and costs, according to the Deloitte 2025 Romania CFO Survey, conducted at the end of 2024 among approximately 130 Chief Financial Officers (CFOs) based in the country.19531 items