The “Medium Term Notes” government paper issue framework program will continue with a higher value, RON90 billion, instead of the previous RON75 billion, and the increase will allow covering the funding needs via Eurobonds on the international capital markets in 2025 and 2026, according to a decision the Government adopted on Friday.
Romania's economy increased by 1.2% in unadjusted data in the third quarter of 2024, lower than 2.3% growth reported in the same quarter of 2023, a second set of provisional data from the country's statistical office INS showed on Friday (Jan. 10).
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 8.7% in unadjusted data and by 8.1% when adjusted for seasonality and number of working days, in January-November 2024 compared to the same period of 2023, data from the country’s statistics board INS showed on Friday (Jan. 10).
Law firm Filip & Company has provided legal assistance to Qemetica, a major player in the European chemical industry, in a complex project regarding the sale of calcined soda ash and sodium silicate production assets and activities in Romania, through Ciech Soda Romania, previously known as Uzinele Sodice Govora.
Romania's trade balance posted a deficit of EUR30 billion in January-November 2024, higher by EUR4.51 billion (+17.7%) compared to the same period of 2023, data from the country's statistics board INS showed on Friday (Jan. 10).
Ciucu family aims to expand stomatology clinic chain Dental Elite with at least two new clinics in 2025, but final investment decisions will be made case by case, so that healthy growth should be secured, explained Bogdan Ciucu, Dental Elite co-founder.