Romania's foreign exchange reserves shrank by EUR1.6 billion to EUR61.17 billion in November 2024, compared with EUR62.84 billion on October 31, 2024, Romania’s central bank announced on Friday (November 1, 2024).
Romania's Finance Ministry raised RON710 million from banks on Monday (Dec 2, 2024) selling benchmark bonds, at an annual average yield of 7.18%.
New car registrations grew by 2.6% in January-November 2024 compared with the same period of 2023, data from the Automotive Manufacturers and Importers Association (APIA) show on Dec 2.
Global law firm Dentons has announced in a press statement on Dec 2 that it has advised CEC Bank on the update of its existing Medium-Term Note (MTN) Program followed by the raising of EUR300 million through a new issue of Senior Non-Preferred Eligible Notes intended to qualify as MREL instruments.
Romania’s unemployment rate stood at 5.4% in October 2024, lower by 0.2 percentage point compared to September 2024, data from the country’s statistics institute INS show on Wednesday (Oct 2, 2024).
Hesburger, the largest fast-food chain in Finland and a famous brand all over Europe, has opened its sixth restaurant in Romania, in Mega Mall, following an investment of EUR500.000, and thus reaches an investment of EUR1.5 million in Bucharest.
Moldovan Carmangerie, with activities in the meat industry, controlled by Moldovan family of Cluj, currently has 36 jobs available for the production unit of Sannicoara locality, Cluj county.
Sweets producer ETI European Food Industries, part of Turkish group ETI, in 2023 posted turnover worth around RON266 million (EUR53.8 million), up 45.6% on the year, in line with ZF calculations based on Finance Ministry data.
MP Industry, part of MEN Industry Group, a company controlled by Romanian entrepreneur Jean Drugescu, has invested almost EUR42 million in Tangiers, the city where Renault Group owns a plant producing Dacia Sandero, Sandero Stepway and Jogger models.