Romania's industrial production prices for the total (domestic market and non-domestic market) decreased by 3.4% in December 2023 compared to December 2022, data from Romania’s National Statistics Institute INS showed on Friday (February 2, 2024).
Romanian natural gas producer and supplier Romgaz (SNG.RO) plans to sell EUR500 million worth of bonds in the second half of 2024 in order to finance the Neptun Deep project in the Black Sea, alongside OMV Petrom, the largest integrated energy company in South-Eastern Europe.
New car registrations in Romania increased by 4.15% on the year to 12,733 units in January 2024, in line with data released on Feb 2 by Romanian carmakers’ association ACAROM and the General Directorate for Driving Licenses and Vehicles Registration (DGPCI).
The National Battery Recycling System Association (SNRB) and Ecowes, the battery collection and recycling company from Romania, become partners alongside Redivium Australia in a feasibility study project for the construction of a lithium-ion battery recycling facility in Romania.
China's Haier Group, one of the newest and also largest investors in the Romanian home appliances manufacturing sector, has announced its intention to lay off almost 40% of the 1,000 employees at its refrigerator factory in Aricestii Rahtivani (Prahova County).
Colliers consultants predict in the "Top 10 predictions for CEE-6 in 2024” report a possible pickup in investment activity in the Central and Eastern Europe (CEE) region in the second half of 2024 if interest rates in the euro area start moving lower.