Furniture maker Spectral Mobila SA on Friday inaugurated its 39th Spectral Mobila store in Romania, in Ramnicu Valcea. The new store will be managed by the company directly.
Population and company deposits in March 2025 hit a total of RON629 billion, up 7.9% from the same period of 2024 (2.9% in real terms), after local currency deposits rose by 7.3% and foreign currency ones advanced by 9.3%, in line with central bank data.
Romania private lending in March 2025 registered a 9.2% increase from the year-earlier period, to a total amount of RON423 billion, after RON-denominated loans went up by 10.9% and foreign currency ones rose by 5.3%, in line with central bank data.
Otokar, the defense system producing arm of Türkiye’s largest conglomerate, Koç Group, has signed a joint venture agreement with one of Romania’s leading defense companies, Automecanica S.A. to manufacture locally, in Romania, COBRA II 4x4 ATBTU armored vehicles, thus aiding the development of the country’s defense capabilities.