Romania's Ministry of Finance has announced that Finland's Nokian Tyres Group is going to receive state aid in the amount of RON495.2 million (EUR100 million).
Downward revisions of economic growth clearly indicate that some sectors, such as agriculture and construction, are facing difficulties and we are starting to see budget reductions in the services sector, said Andrei Cionca, Co-founder of ROCA Investments, on the occasion of preparing the 11th edition of the Confidex study.
Companies in the European Union weathered relatively well the health, price and trade shocks of the last four years and have increased their ambitions for green and digital transformation, according to a 2024 survey by the European Investment Bank (EIB).
Ebury, a global fintech that empowers businesses to trade and grow internationally, has appointed Mihai Lazar to the position of Country Manager for Romania.
The three Retele Electrice companies, part of the PPC Group in Romania, have initiated a public tender on the SEAP platform, with a maximum combined value of nearly RON55 million (excluding VAT), for the purchase of transformers from medium voltage to low voltage, which are necessary in modernization projects aimed at increasing the resilience and reliability of their distribution networks.