The quite gloomy economic outlooks at European level have raised the alarm level in the Romanian economy as well and part of large companies, particularly those with export operations, have resorted to preventive business restructuring in a bid to curb exposure to a possible negative financial impact, shows an analysis carried out by Sierra Quadrant.
Rating agency Moody’s estimates Romania economy will grow by 3% in 2024 and 3.5% in 2025, supported by consumption, but also by public and private investment, while the government will further face high fiscal and current account gaps, reveals a periodic report on the local market.
Danone Romania, leader of the yoghurt market, has finalized, together with its partners, a EUR7 million investment meant to support small farmers of Zimnicea, who deliver the milk they produce to the Bucharest yoghurt plant.