The number of real estate deals in Romania stood at 72,123 in March 2022, 13,460 more than in February 2022, data from the national cadaster agency ANCPI showed Friday.
Poland's state-run mining company KGHM plans to conclude a partnership with Romania's state-run nuclear power producer Nuclearelectrica for the development of small modular nuclear reactors (SMR).
Romania’s energy ministry said the Investment Committee approved on Thursday (April 7) an amount of approximately EUR1.4 billion aimed at funding, from the Modernization Fund, significant projects for the modernization of the Romanian energy sector.
Technology startup investment platform SeedBlink is preparing to launch a secondary market in the second half of 2022 where investors can trade their assets with each other, thus increasing the liquidity of their portfolio investments.
David Malpass, President of the World Bank Group, will arrive in capital Bucharest on Wednesday, April 13, 2022, for a two-day visit, which will be his first trip to Romania as World Bank Group President.
Romanian state-run state-owned hydropower producer Hidroelectrica said in a statement that it plans to acquire up to three electricity and natural gas suppliers.
Dacia Mioveni and Ford Craiova, the two car plants in Romania, manufactured 136,301 vehicles in the first three months of 2022, 15.7% more than in the same period of 2021, data from the country's carmakers association ACAROM showed Friday.
Energy company OMV Petrom (SNP.RO) on Friday said its crude oil production dropped by 13% and its natural gas production by 12% year-over-year in the first quarter of 2022, mainly due to a natural decline in deposits, but at rising prices, in line with a report on the technical indicators of PETROM production released on Friday (April 8).
Tradesilvania, the premium platform for investing in digital goods, has concluded a new strategic partnership with TechVentures Bank whereby Romanians will be able to safely access digital assets.
Romania's gross domestic product (GDP) grew by 2.4% in real terms (in unadjusted data) and by 3.9% in seasonally adjusted data in the fourth quarter of 2021 as compared to the same quarter of 2021, the country’s statistics board INS said Friday.
US restaurant chain Popeyes, due to officially enter the Romanian market in April 2022 in a franchise system, wants to open six units this year, all in Bucharest. The first unit will be opened on April 9, in Baneasa Shopping City of northern Bucharest.
Apparel producer Hermosa of Braila now has four own stores, another one operated by a partner in a franchise system and wants to almost double its network this year.
Austrotherm Romania, the local subsidiary of the Austrian group of the same name, a producer of polystyrene for constructions, has recently launched participation invitation for company that can provide machinery and technological equipment for a new plant the company will open in Romania.
Jozsef Varadi, CEO of Wizz Air, the biggest airline in Romania by passenger numbers, projects a 9.4 million passenger traffic in Romania in the next 12 months, namely April 2022-March 2023, almost double the level of April 2021-March 2022.
Euroins Romania is the new leader of the local insurance market, with over RON2.19 billion gross underwritten premiums at end-2021, up 67.4% from 2020, equaling a 15.4% market share, in line with information published in ASF (Financial Supervision Authority) report on the 2021 insurance market evolution.
Romania’s Finance Ministry raised RON650 million from banks via two government paper auctions at an annual yield of 6.49% and 6.37% on Thursday, April 7.
ClusterPower, a company founded by Romanian entrepreneurs Cosmin Georgescu, Vladimir Ester and Carmen Ursa Georgescu in 2019, inaugurated on the largest data center in Romania, in Mischii, Dolj County April 1, 2022.