Financial analysts part of CFA Romania association estimate the Romanian currency will fall to an average exchange rate of 5.0781 units/euro in the next 12 months, while the estimated rate of inflation will reach an average value of 5.78%, down by less than a percentage point against the December 2023 rate.
Romanian company TARA Interactive, specialized in software development, plans to expand its activity to the Middle East, Vlad Lepadatu, managing partner at the company, told ZF.
WDP’s Romania projects in 2023 generated revenues of above EUR72 million, in line with the company’s report.
Romanian state-owned oil transporter Conpet Ploiesti included in its 2024 revenues/expenses budget the sum of RON588.7 million for revenues, namely a 7.6% increase based on the 2023 estimated result.