Leoni Group, which produces wiring harnesses for the automotive industry and employs 12,000 people in several factories in Romania, has announced that it will close its factory in Ludus, Mures County.
Coca-Cola HBC Romania, the leader in the soft drinks market, recorded a decline in volumes of more than 10% (low-double digits) in the first quarter, driven by Sparkling and Stills beverage categories, the group says in its latest financial report.
Romania's foreign exchange reserves stood at EUR62.5 billion at the end of April 2024, lower by EUR1.7 billion compared with EUR64.2 billion on March 31, 2024, central bank data showed on Thursday (May 2, 2024).
The BCR Romania Manufacturing PMI index, which assesses the state of the manufacturing industry in accordance with Standard &Poor’s standards, reached more than 50 points in April, which could be the first clear sign of rebound for the Romanian manufacturing sector, although the recovery is expected to be non-linear, a report by Erste Group published on Thursday shows.