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Coface: Insolvencies Rise In Most CEE Countries In 2024 Despite Economic Recovery
Companies

Coface: Insolvencies Rise In Most CEE Countries In 2024 Despite Economic Recovery

The number of insolvencies increased in 2024 across most countries in Central and Eastern Europe (CEE) despite economic recovery, with Slovenia seeing the highest increase (+32.4%) and Roman...

Ecaterina Craciun · 28.05.2025 · 16:26 · 3 min
Visa Study: Four In Five Romanian Consumers Deem Payment Security As Key When Shopping Online
Companies

Visa Study: Four In Five Romanian Consumers Deem Payment Security As Key When Shopping Online

Four in five Romanian consumers (79%) consistently rank security as the most critical payment attribute, and 90% of online shoppers would switch to a new payment method if it promises greate...

Ecaterina Craciun · 28.05.2025 · 14:17 · 2 min
Electrica Q1/2025 Net Profit Rises over 50% To almost RON200M
Companies

Electrica Q1/2025 Net Profit Rises over 50% To almost RON200M

Electrica, a major player on Romania electricity distribution and supply market, registered net profit of RON195.7 million in the first quarter of 2025, up 53.2% from the same period of 2024...

Eduard Ivanovici · 28.05.2025 · 10:58 · 1 min
SVN Report: Bucharest-Ilfov Area Set to Attract over One Third of 2025 Mortgages
Companies

SVN Report: Bucharest-Ilfov Area Set to Attract over One Third of 2025 Mortgages

Bucharest-Ilfov region will attract more than one third of new mortgages granted nationwide in 2025, with the market due to overshoot the EUR5 billion threshold, in line with a report drawn...

Roxana Dumitru Rosu - Mediafax · 28.05.2025 · 10:11 · 1 min
INS: Romania Execs See Moderate Activity Growth in Processing Industry and Services, Rising Pricing in Industry, Constructions and Services in May-July 2025
Companies

INS: Romania Execs See Moderate Activity Growth in Processing Industry and Services, Rising Pricing in Industry, Constructions and Services in May-July 2025

Romania managers for May-July period expect a moderate increase of economic activity in the processing industry and services, in parallel with a modest rise in the number of employees in con...

Roxana Dumitru Rosu - Mediafax · 28.05.2025 · 09:59 · 1 min
Airline FlyOne Aims For 280,000 Passengers in Romania By End Of 2025
Companies

Airline FlyOne Aims For 280,000 Passengers in Romania By End Of 2025

FlyOne, an airline established in the Republic of Moldova almost ten years ago, entered Romania with its first charter flights last year and this year will launch its first regular flights f...

Loredana Frățilă-Cristescu · 27.05.2025 · 23:19 · 1 min
Antitrust Body Clears Acquisition Of Spectrum Brands By Start SA
Companies

Antitrust Body Clears Acquisition Of Spectrum Brands By Start SA

Romania's Competition Council has approved the transaction through which Start SA intends to acquire Spectrum Brands Romania SRL.

Ecaterina Craciun · 27.05.2025 · 20:45 · 1 min
Nine Companies In Romania Received RON1B State Aid For RON2.3B Investment Projects
Companies

Nine Companies In Romania Received RON1B State Aid For RON2.3B Investment Projects

Romania's finance ministry has approved state aid of RON1.01 billion for nine investment projects submitted between July 29 - September 9, 2024 under a state aid scheme established through G...

Ecaterina Craciun · 27.05.2025 · 17:17 · 1 min
Germany's Kärcher Opens Its Third Plant In Romania In Wake Of EUR115M Investment
Companies

Germany's Kärcher Opens Its Third Plant In Romania In Wake Of EUR115M Investment

German cleaning equipment manufacturer Kärcher has recently inaugurated its third factory in Romania, located in Curtea de Arges, through its local production subsidiary, CER Cleaning Equipm...

Ecaterina Craciun · 27.05.2025 · 16:50 · 1 min