Found 18957 news
Enspire Enerji Yatırımları ve Hizmetleri A.Ş., held by Entek Elektrik Üretimi A.Ş., (Entek), has officially completed the acquisition of a 214.26 MW photovoltaic (PV) solar power plant under development in Romania, from Israeli group Econergy International Limited (Seller).
In the fourth quarter of 2024, the employment rate for the working age population (15-64 years) was 63%, decreasing by 0.3 percentage points (PP) compared with the rate recorded in the third quarter of 2024, data from Romania's statistical office INS showed on Friday (March 14).
The average net salary in Romania decreased by 5.6% (-RON317) in nominal terms in January 2024 compared to December 2024, to 5,328 (EUR1,070), data from the country's statistical office INS showed on Friday (March 14, 2025).
The number of companies that filed for insolvency in 2024 increased by more than 9% over 2023 and reached 7,274. Of them, 141 are companies likely to make an impact on the economy, with assets of more than EUR1 million, compared with 90 in the previous year, which translates into a 58% increase, CITR, the leader of the insolvency and restructuring market in Romania, says in a survey.
Ford Otosan’s Craiova plant is starting deliveries of the first electric cars made in Romania to Ford dealers throughout Europe.
Romania currently has a capacity of around 4,500 MW from solar panels and, in line with government plans, this should grow to around 8,500 MW by 2030, with investments put at almost RON2.5 billion.
Ford Otosan’s Craiova plant benefited from a new production capacity increase, to 300,000 vehicles at present.
Romanian Energy Minister Sebastian Burduja announced Romgaz has already published an announcement on the electronic public procurement platform SEAP for consulting services in assessing, negotiating and acquiring Azomures assets.
Alternative investment fund Evergent Investments announced it submitted at Aerostar headquarters, on March 13, 2025, the statement via which it exercises the legal right to o withdraw from its position as significant shareholder and requested the full purchase of its holding, which represents 15.14% of the share capital.
Sales of electronics, home appliances, IT and telecom goods increased by about 10% in 2024 compared with 2023. The computer and electronics market saw growth across the board, but the growth varies quite a lot from segment to segment, shows a ZF analysis based on the data supplied by market research company NielsenQ.
Romania’s ecommerce market reached a new record in 2024, as the total value of the products purchased online stood at EUR7.7 billion, an increase of 8% on 2023, reveals eCommerce Insights 2025 survey by MerchantPro, the local SaaS solutions platform.
Softbinator Technologies, a Romanian provider of full software development services (product management, product design, software development, AI/ML development and product marketing) posted RON28.7 million consolidated revenue in 2024.
Maribo Prodcarn, the producer of Marisan cold cuts, owned by Anghel family, for 2024 reported turnover of RON124 million, down 8% on the year, as per finance ministry data.
Bucharest Stock Exchange (BVB) on March 13 announced the launch of the new financial education section on the BVB Research Hub platform, dedicated to retail investors. BVB, as a capital market operator, starts this project out of the need to increase the level of financial education and promote the investment culture.
Romania's Finance Ministry raised RON505 million from banks on Thursday (March 13), selling government paper, at annual average yield of 7.39%.
Lantmännen Unibake Romania, one of the largest bakery companies in the local market, has launched the NaturaA brand across the local Carrefour store network.
Romania's industrial production decreased by 2.5% in January 2025, in unadjusted data, compared to January 2024, and grew 2.1% when adjusted for the number of working days and seasonality, data from the country's statistical office INS showed on Thursday (March 13).
Romania's annual inflation rate stood at 5.02% in February 2025, slightly higher than the 5% rate recorded in January 2025, data from the country's statistical office INS showed on Thursday (March 13).
Real estate developer Bellemonde Development will add another 80 new housing units to the housing project of the same name of Pipera, Bucharest.
The board of directors of BRD SocGen, the fourth largest bank in Romania by assets, has convened the general meeting of shareholders on April 24, a date when they will vote, among other things, on the distribution of dividends in the amount of RON737.4 million, representing 50% of last year’s net profit of RON1.47 billion.18957 items