In 2023, the European Investment Bank Group signed new financing contracts for close to EUR88 billion for high-impact projects in EU policy priorities, including climate action, sustainable infrastructure, and healthcare, EIB President Nadia Calviño announced in Brussels on Jan. 25, 2024.
Findings from the latest CMS Emerging Europe M&A 2023/24 report, released on Jan. 25 in cooperation with EMIS, show the resilience of the Emerging Europe deals market as activity holds firm against a backdrop of geopolitical tensions and strong inflationary pressures.
Furniture producer Spectral Mobila has started building a logistic center near the plant it owns in Tutova, Vaslui county.
The balance between professional and personal life has become as important as wages for Romanian employees and just half of them believe a full-time job will be an ideal formula in the future, in line with the 2024 edition of Workmonitor Romania survey conducted by HR company Randstad Romania.
For a long time, local entrepreneurs in all the fields of the Romanian economy have had a cautious approach in business, preferring to anchor their businesses locally. Meanwhile, following the model of businesspeople in the West or even in countries in the region such as Poland, many of them have gathered the courage to expand abroad.
Eversted, the brand under which an air filter plant, as well as a mask one operate in Prahova county, will also develop starting 2024 on the hygiene segment and will produce wipes.
Nuclear power producer Nuclearelectrica has for 2024 budgeted RON1.3 billion net profit, down 47.8% from 2023, amid total revenues of RON4.66 billion, 41.7% lower, in line with the revenues and expenses budget set to be submitted to voting on February 28.
Several cooperatives part of BOVICOOP, which bring together over 17 cooperatives with a number of over 600 farmers of Transylvania, have launched their own dairy brand, Naturlact, thus entering a market where the biggest players are names such as Albalact, Napolact, Danone, Hochland and Olympus.