Found 19501 news
Romania’s industrial sales (on the domestic and external markets) increased by 11.7% in nominal terms in February 2024 compared to January 2024 and by 8.2% versus February 2023, data from the country’s statistical office INS showed on Wednesday (April 17).
Maspex Romania, producer of such brands as Tymbark, Salatini, Bucovina and Arnos, ended 2023 with RON1.15 billion (EUR234 million) revenue, up more than 12% from the previous year, Finance Ministry data show.
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) increased by 6.5%, in nominal terms, in February 2024 compared to January 2024, and by 6.4% compared to February 2023, data from the country's statistics board INS showed on Wednesday (April 17).
Air Claim (CLAIM.RO), a company that helps people get compensations for delayed or canceled flights, posted RON3.15 million net profit in 2023, an increase of 93.2% from the RON1.63 million of 2022.
Revolut is launching a product for the refinancing of loans taken out from other banks and Romania is the first market to benefit from this type of personal loan.
UniCredit Bank introduces exclusive investment solutions to the Romanian market with the launch of onemarkets Fund.
Citi has announced the appointment of Gabriel Apostol as Head of Global Network Banking for Romania.
Romania's two carmakers, Automobile Dacia and Ford Otosan, manufactured a total 152,912 vehicles in the first three months of 2024, 7.1% more than in the same period of 2023, data from the country's carmakers association ACAROM showed on Wednesday (April 17).
Fitness center network 18 Gym Fitness & Beauty will open a new unit in shopping center Agora Arad, the first in the city and the 37th nationwide.
Europe will resume magnesium mining for the first time in more than a decade, while the UE is trying to curb its dependence on imports of Chinese critical raw materials imports. Romania, an EU member, on Friday, April 12, 2024 granted a mining concession to Verde Magnesium, which is backed by US investment company Amerocap.
Signal Iduna Asigurare Reasigurare, the leader of the local health insurance market, ended 2023 with gross written premiums of over RON274 million, up 34% versus 2022.
The annual inflation rate will decline further in the coming months, but at a slower pace compared to 2023 and on a slightly higher path than that anticipated in the February 2024 medium-term forecast, which had seen it go down to 4.7 percent in December 2024 and to 3.5 percent at end-2025, members of Romania's central bank Board said in the minutes of the monetary policy meeting of April 4, 2024.
Over 70% of investor respondents in the latest March 2024 survey conducted by the Foreign Investors Council (FIC) – Business Sentiment Index (BSI) deem legislative ambiguities and uncertainties as the main challenge faced by the business environment.
Deltaica Seafood, which sells canned and prepared fish, ended 2023 with RON40 million revenue, a slight increase over 2022 and has budgeted a 20% increase for this year, its officials say.
Romania's e-commerce market is growing further, but its growth is slow, as per an analysis by MerchantPro, the local SaaS solutions platform for e-commerce, based on data recorded by online stores active on the platform.
A third of Romanian employees say they are dissatisfied with their current jobs, while 7% say they are very dissatisfied, as per the latest survey conducted by eJobs.ro and Up Romania.
International Monetary Fund (IMF) has revised its actual economic growth forecast for Romania downwards to 2.8% in 2024 from the 3.8% estimated in the October 2023 forecast, its latest “World Economic Outlook” published on Tuesday shows.
Romania's Competition Council has approved the transaction whereby GVK Omega SGPS Unipessoal LDA, Portugal intends to take over Portugal's Greenvolt Energias Renováveis and its subsidiaries.
International rating agency Standard&Poor’s (S&P) has reconfirmed the rating related to Romania’s government debt at BBB-/A3 for long-term and short-term foreign currency debt, as well as the stable outlook.
Romania’s national power transmission company Transelectrica (TEL.RO) has inaugurated the 400 kV Overhead Power Line Portile de Fier – (Anina) – Resita.19501 items