Europe | Romania Feed

Nuclear power producer Nuclearelectrica (SNN.RO) and Korea Hydro & Nuclear Power (KHNP) signed today, June 27, 2023, in Seoul, Republic of Korea, the Engineering, Procurement and Construction (EPC) contract for the completion of Europe’s first Tritium Removal Facility (CTRF) at Cernavoda Nuclear Power Plant (Cernavoda NPP), Nuclearelectrica announced in a press release on its website.

Andersen Global, an international association of independent consultancies, founded in 2013 in the US, is expanding its activities in Europe via a collaboration agreement with CMF Consulting (CMF), a valuation services company of Romania.

With an annual production of 60,000 tons, Romania is the largest producer of walnuts in Europe, ahead of Greece, France and Spain, Eurostat data show. Some of the production is exported, so the leading edible fruit exporters include three businesses that grow or sell walnuts.

The Energy Deal Advisory team of KPMG in Romania assisted Monsson, the leading developer of renewable energy projects in Romania, with the sale of the largest solar project development in Europe to Rezolv Energy, a leading CEE energy transition platform backed by EUR500 million funding from Actis, a top global investor in sustainable infrastructure.

SeedBlink, a local company founded in early 2020 that created a platform for co-investing in tech start-ups, has fully acquired Symbid, one of the world's first crowdvesting platforms founded in the Netherlands in 2011. This is its first acquisition for accelerated expansion in Europe.

Europe’s attractiveness for foreign direct investment (FDI) has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness Survey.

Romania ranks first in Europe in terms of investment intentions, if we talk about supply and logistics chains, according to Bogdan Ion, country managing partner EY Romania and Moldova.

Romania had the lowest consumer prices in Europe in 2021, with a price level for consumer goods and services of 55.5% of the EU average, according to Eurostat, the statistical office of the European Union.

A study by Compare the Market Australia has ranked 26 European countries on factors such as homeownership rates, average property price per square meter, and average monthly rent in each country to reveal the countries with the highest homeownership rates in Europe.   Romania has the highest percentage of homeowners, with a 96.1% homeownership rate. That’s […]

Ford is taking the next significant step in its transformation in Europe. Effective June 1, 2022, Martin Sander becomes General Manager, Ford Model e, for Ford in Europe.   Ford Model e, Ford’s new global business unit, was introduced earlier this year as the company accelerated the transformation of its global automotive business. Martin Sander, […]

The Council of Europe today issued a set of guidelines to its 46 member states aimed at preventing and combating hate speech, both online and offline. In a Recommendation adopted during its annual session held in Turin, the Council of Europe Committee of Ministers calls on governments to develop comprehensive strategies to prevent and fight hate speech, including […]

The European Union’s national promotional banks and institutions and the European Investment Bank have today launched the EUR 2 billion Quick Response — Care for Ukrainian Refugees in Europe initiative. The joint initiative aims to provide immediate relief this year for refugees fleeing the war in Ukraine and promote the rapid and humane integration of Ukrainian […]

Italian truck, bus and engine maker Iveco group signed a memorandum of understanding (MoU) with Enel X to develop electric mobility for commercial vehicles in Europe.

IMMOFINANZ is consistently expanding its leading role as Europe’s largest retail park operator as part of its growth strategy. The number of STOP SHOPs will be increased by roughly 40% to 140 locations by 2024 based on selective acquisitions and new openings. In doing so, the company will also focus on Italy, where ten new […]

House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe, as per a report by Social Monitor ordered by real estate developer Nordis Group.

Trading is a big part of the European lifestyle. As a result, people tend to search for the best brokers to make their trading journeys easier and more profitable for them. In this guide, we are going to talk about the best five forex brokers in Europe. So if you want to know all about […]

At this year’s Foreign Investors Summit, Patricia Wruuck, Economist in the Economics Department of the European Investment Bank, held an insightful presentation titled “Municipal investment and cohesion in Europe: current challenges,” in which she showed why investments at the municipal level are just as important as national ones, as the development of cities can significantly improve […]

Honeywell (Nasdaq: HON) announced today the launch of its first security operations centre (SOC) in Europe, based in Romania. The SOC focuses on operational technology (OT) cyber threat detection, prevention and management in industrial environments and critical infrastructure. It is staffed by OT cybersecurity experts to serve Honeywell’s customers across the globe in meeting their […]

Dacia Sandero, produced in Romania, was the top-selling car in Europe in July 2021, per data from the Automotive News Europe, based on Jato Dynamics data. This is the first time when Dacia Sandero has placed first in Europe, in a month.

Ford Puma ended the first half as the best-selling Ford car in Europe, Ford Europe data show, which means the plant in Craiova was among the ones delivering most vehicles.