Edenred will be launching, for the first time, virtual cards for the Meal Card, Holiday Card, Cultural Card, and Gift Card products.
Romania's foreign exchange reserves stood at EUR64.2 billion at end-March 2024, higher by EUR1.15 billion compared to EUR63.1 billion on February 29, 2024, central bank data showed on Monday (April 1, 2024).
The annual average job vacancy rate was 0.78% in 2023, decreasing by 0.12 percentage points against the previous year, data from Romania's statistics board INS showed on Monday (April 1, 2024).
The year kicked off on a cautiously optimistic note, marked by a selective thaw following a quieter period. The Americas and EMEIA IPO markets had a bright start in 2024, increasing global proceeds, according to the EY Global IPO Trends Q1 2024.
The quite gloomy economic outlooks at European level have raised the alarm level in the Romanian economy as well and part of large companies, particularly those with export operations, have resorted to preventive business restructuring in a bid to curb exposure to a possible negative financial impact, shows an analysis carried out by Sierra Quadrant.
Rating agency Moody’s estimates Romania economy will grow by 3% in 2024 and 3.5% in 2025, supported by consumption, but also by public and private investment, while the government will further face high fiscal and current account gaps, reveals a periodic report on the local market.
Danone Romania, leader of the yoghurt market, has finalized, together with its partners, a EUR7 million investment meant to support small farmers of Zimnicea, who deliver the milk they produce to the Bucharest yoghurt plant.