Net investments in Romania’s economy totaled RON34.6 billion in the first quarter of 2024, up 6.7% year-over-year, with new construction works accounting for 53.3% and purchases of machinery, including transport vehicles, for 28.2%, data from the country’s statistics board INS showed on Wednesday (June 12).
The European Commission has announced it approved the acquisition of Alpha Bank Romania by Italy’s UniCredit S.p.A, under the EU Merger Regulation.
The decrease in demand for office spaces in Bucharest after the pandemic period reflected in the volume of pre-leases, which saw a reduction of over 50% between 2020 and 2023, as per an iO Partners study.
Eurowind Energy, a Danish renewable energy company, has got the building permit for Frumusita wind park of Galati county, which is due to become operational in late 2026.
Households’ average monthly spending on streaming video on demand (SVOD) platforms has increased by almost 30% compared to last year, from 48 to 61 USD, amount which covers an average of four subscriptions, as per the 2024 Deloitte Digital Media Trends study.
Nuclearelectrica (SNN) and Canadian Nuclear Partners (CNPSA) have signed a long-term framework agreement to provide Project Management Organization (PMO) services for the preparation and implementation of the Cervavoda Nuclear Power Plant Unit 1 refurbishment project in Romania.
Romania's annual inflation decreased to 5.1% in May 2024, compared to 5.9% in April 2024, data from the country's statistics board INS showed on Wednesday (June 12).
Retailer Leroy Merlin has completed the relocation of Craiova store, which will be opened on June 19 in the same shopping center Electroputere Park, to a 14,750-sqm space, 16% bigger than the previous location.
Vertiv Romania, a provider of critical digital infrastructure solutions and IT support services, has more than 40 positions available at the Cluj business hub, which supports key functions globally and regionally.