Romania's Finance Ministry raised RON1.9 billion from banks on Thursday (March 6), selling government paper in two auctions, at annual average yields of 7.29% and 7.65%, respectively.
Romania's Competition Council has signed the financing contract for the development of a new state aid register – Regas 2, a platform for monitoring and controlling state aid granted from national and European funds.
Law firm Clifford Chance Badea has advised Alpha Bank S.A. and Alpha International Holdings S.MS.A. in connection with the 100% sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania.
Cluj-Napoca-based Alfa Software, specialized in the development and implementation of business software solutions, ended 2024 with a turnover of RON17.3 million and targets a nearly 10% increase in 2025 despite market challenges, company representatives said in a statement.
Romania's hourly labor costs adjusted to the number of working days edged 0.76% higher in the fourth quarter of 2024 compared to the third quarter of 2024, data from the country's statistics board INS showed on Thursday (March 6).
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 4.1% in unadjusted data and by 3.2% when adjusted for seasonality and number of working days, in January 2025 compared to January 2024, data from the country’s statistics board INS showed on Thursday (March. 6).