Colliers: Romanian Real Estate Investment Market Closes Q1/2024 With EUR202M Worth Of Transactions
yesterday, 13:51
Romania's real estate investment market ended the first quarter of 2024 with transactions of EUR202 million, 69% more than in the same quarter of 2023, with deals in the retail segment accounting for around two-thirds of the volume, as per Colliers' "CEE Investment Scene Q1/2024” report.
ZF NEWSRSS
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Bucharest Stock Exchange To Start Share Buyback Program Worth Up To RON6.7M
today, 00:47
The Bucharest Stock Exchange (BVB) announced in a stock market report on May 21 that it would start a share buyback program from May 22, which was... more
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Rombat Bistrita Ends 2023 With RON512.6M Turnover, Up 1.6% YoY
yesterday, 23:58
Bistrita-based car battery manufacturer Rombat, controlled by the South African group Metair, ended 2023 with a turnover of RON512.6 million... more
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Airline Fly Lili To Introduce Five Flights From Sibiu Airport From July 20
yesterday, 23:44
Fly Lili, held by German businessman Jürgen Andreas Faff, will start operating five flights from the Sibiu International Airport to Nuremberg and... more
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Apidava Sold EUR9.4M Worth Of Honey And Honey-Based Products In 2023
yesterday, 23:24
Honey producer Apidava from Alba County sold honey and honey-based products worth EUR9.4 million, in 2023, compared to nearly EUR8 million in 2022,... more
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Simtel Team's Q1/2024 Net Profit Surges 200% YoY To RON4.96M
yesterday, 22:05
Simtel Team, a Romanian engineering and tech company and a national leader in renewable energy, ended the first quarter of 2024 with net profit of... more
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Razvan Butucaru, Mazars: Romania Among Top Four M&A Markets In Region By Deal Volume
yesterday, 18:02
The Romanian M&A market is among the top four M&A markets in the region in terms of deal volume and is increasingly gaining visibility with... more
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Affidea Invests EUR15M In Radiotherapy Center In Iasi
yesterday, 17:40
Affidea, the largest player in the medical imaging services market in Romania, has completed the acquisition of MedEuropa radiotherapy centers, a... more
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Garanti BBVA Romania To Contribute EUR48M To Syndicated Loan Of EUR435M Contracted By Ford Otosan Romania
yesterday, 16:00
Garanti BBVA Romania will contribute EUR48 million to the syndicated loan of EUR435 million contracted by Ford Otosan Romania. more
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Romania Taps International Markets With 8 And 13-Year Eurobond Issues
yesterday, 15:45
Romania's finance ministry on Tuesday (May 21) taps external markets for the third time in 2024, selling euro-denominated bonds with 8 and 13-year... more
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South Of Bucharest Could Attract EUR3.5B Investment In Urban Development After Extension Of Subway Line 4
yesterday, 15:25
The project to extend Line 4 of Bucharest subway that runs from Straulesti to Gara de Nord to Gara CFR Progresul (Progresul train station) will... more
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Statistics Board: Romania Reports More Job Vacancies In Q1/2024
yesterday, 13:00
The number of job vacancies reached 35.0 thousand in the first quarter of 2024, marking an increase of 1.7 thousand compared to the previous... more
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Deloitte: Half Of Working Women Experience More Stress Than A Year Ago
yesterday, 12:45
Half of working women experience a higher stress level than a year ago, and a similar share (49 percent, higher than 2023) say they don’t feel... more
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Benvenuti: Some Of Our Suppliers Closed Factories In Romania And Moved Them To Lower-Wage Countries
yesterday, 11:17
Some of the suppliers of footwear retailer Benvenuti closed the factories they had in Romania and moved them to countries where wages are lower,... more
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certSIGN Revenue Up 33% To RON102M In 2023
yesterday, 11:01
Local IT&C company certSIGN, which provides cybersecurity and electronic signature services among others, posted RON102.3 million revenue in 2023,... more
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BRD Finance To Cease Operations In Romania After 20 Years
yesterday, 09:57
BRD Finance, the consumer finance unit of BRD-SocGen, the fourth largest bank in Romania by assets, is to exit the local financial landscape after... more
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Angelli Spumante & Aperitive Logs Nearly EUR16M Turnover In 2023, Up 10% YoY
yesterday, 01:05
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Cristian Oradan Takes Over As New CEO Of Elit
yesterday, 00:45
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Porsche Prepares To Open New Showroom In Cluj
05.20.2024
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Deutsche Bahn Cargo Romania Ends 2023 With RON500M Turnover vs RON356M Level In 2022
05.20.2024
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Tour Operator Paralela 45 Ends 2023 With RON300M Sales
05.20.2024
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Unilever Plans To Make EUR4M Investments In Ice Cream Plant In Suceava In 2024-2025
05.20.2024
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Romanian Florin Filote To Lead ThredUp’s European Business As Company’s General Manager Of Europe
05.20.2024
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Romania’s Insurance Market More Than Doubled In A Decade
05.20.2024
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INS: Romanian Construction Works Surge 43.7% On The Month In March 2024
05.20.2024
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Operating Leasing Market Ends 2023 With 12% Growth YoY
05.20.2024
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
moreOMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
moreThe European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
moreRomania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreBanks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
moreRomania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.
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Central Bank: Romania's Economic Growth Expected to Decelerate Considerably in 2022 and 2023Romania’s economic growth is expected to decelerate considerably in 2022 and 2023, after having reached very high dynamics from a historical perspective in 2021, yet significantly lower than previously forecast (in November 2021), the minutes of the monetary policy meeting of Romania’s central bank (BNR) say.
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