Romania’s industrial sales (on the domestic and external markets) decreased by 3.8% in nominal terms in November 2024 compared with October 2024, but rose 5.2% versus November 2023, data from the country’s statistical office INS showed on Thursday (Jan. 23).
Real estate consultancy CBRE Romania assisted Rus Savitar, one of Romania’s leading furniture producers, founded by Rusu family, in the sale of the plant in Dudestii Noi, Timis county, to UE Furniture, a global leader in the production of chairs, armchairs and sofas.
The Macroeconomic Confidence Index of CFA Romania rose in December, by 6.7 points to 38.1 points, but remains at an extremely low level amid high uncertainty about the direction of Romania economy.
Ascendia (ASC.RO), a developer of e-learning solutions for various fields, such as corporate training, healthcare and entertainment, on Wednesday notified the Bucharest Stock Exchange of having signed a contract with a private educational beneficiary worth RON14.9 million plus VAT.
Business angel network TechAngels, the largest group of private technology investors in Romania, ended 2024 with total investments of EUR3.777 million in tech startups, 25% more than in 2023. Most of the investment was made in the second half, when it reached EUR2.757 million, almost triple the first half level.