Romania has approximately one third of all farms in the European Union (EU) and 23% of the total agricultural workforce in the EU is concentrated here (1.77 million jobs – the highest share in the Union), as per a survey conducted by Impact Hub Bucharest (EIT Food representative in Romania), in partnership with Startarium.
Shipbuilder Santierul Naval Orsova (stock symbol: SNO) has concluded two external contracts worth EUR8.58 million for the construction of two river vessels, the company said in a stock market report on May 7.
International rating agency Moody's Investors Service (Moody's) has changed the outlook on the long-term deposit ratings of tbi bank from "stable" to "positive".
The Romanian leu depreciated further against the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 5.0991 units, amid lingering political tension locally following the first round of presidential election.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, has jumped to 6.47% on Wednesday (May 7), from 6.08% on May 6, in line with central bank data.
A surge in business energy demand is reshaping the global energy landscape, compelling energy providers to reconsider their strategies for supporting growth and delivering value, according to new research from EY.
Amster Management, a Romanian company active in the hotel field, has sold Duke Romana and Duke Armeneasca hotels of Bucharest.
Glass processor Moldoglass, managed by entrepreneur Valentin Sumanaru, for 2024 reported turnover worth RON44.4 million (EUR8.9 million), down 7.8% from 2024, in line with ZF calculations based on Finance Ministry data.
Scandinavian home furnishings retailer JYSK continues to expand in Romania by opening a new store with a total 1,150-sqm area in Toplita, Harghita, thus reaching a 151-unit local network.