Piletilevi Group, the largest ticket seller in Central Europe, which acquired a majority stake in Romania's oldest ticketing company Bilete.ro in summer 2023, is acquiring Ticketing Nation SRL, which manages ticket seller platforms Entertix.ro and Myticket.ro.
Romania's Finance Ministry raised RON1.93 billion from banks on Monday (Dec.16), selling government paper in two auctions, at annual average yields of 6.40% and 7.05%, respectively.
Romania posted the highest annual rise in hourly wage costs among European Union Member States in the third quarter of 2024, at 17.1%, followed by Croatia with 15.1%, Bulgaria with 12.7% and Latvia with 12.6%, according to data published by EU's Statistical Office, Eurostat, on Dec. 16, 2024.
Romanian corporate non-executive boards in Romania are falling behind global standards, with only 14% of board members believing that significant international experience is important, a stark contrast to their Western counterparts, according to the Board survey conducted in Romania by TRANSEARCH, a global Executive Search organization.
The average budget for Christmas gifts in 2024 reaches RON700 at most for six in ten Romanians, similar with last year's budget, according to a nationwide survey carried out at the initiative of tbi bank, on a sample of 1,171 respondents.
Romania’s public debt, in both lei and foreign currency, stood at RON916.7 billion at the end of September 2024, which is nearly 17% higher since the beginning of 2024 and accounts for 53.1% of gross domestic product (GDP), Finance Ministry data show on Monday (Dec. 16).
RIVUS, the industrial reconversion and urban regeneration project in Cluj-Napoca, developed by IULIUS and Atterbury Europe, an investment estimated at EUR500 million, will have Auchan as anchor tenant in the food hypermarket segment.
Deloitte: Winter Holiday Spending in Romania Set to Rise 8% in 2024 amid Price Increases
Consumption hit an all-time high in 2024 in Romania and the market continues to present major growth opportunities should current tendencies maintain, believe Colliers consultants, as the local market boast the biggest non-food retail growth rate in the EU.
5 to go coffee shop chain is in final talks with two new investors, Invenio Partners and ACP, the former Mezzanin Management, which want to take over part of the stock owned by the company’s founder, Radu Savopol, and the entire stake of Mozaik Investments, market sources told ZF.
Aquila, the market leader in integrated distribution and logistics services for the consumer goods market in Romania and the Republic of Moldova, has sealed an agreement to acquire 100% of the shares of KITAX Kft, a top five distribution company in its sector, with nationwide coverage in Hungary.
Almost one years since its arrival on the Romanian market, Turkish online retailer Trendyol has attracted 1.2 million buyers who have logged at least one order and delivered more than 11 million items locally.