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Romania Companies and Inventors Filed 63 European Patent Applications in 2024, Up 50% YOY
Analysis

Romania Companies and Inventors Filed 63 European Patent Applications in 2024, Up 50% YOY

Romania inventors, companies and research institutes in 2024 filed 63 European patent applications with the European Patent Office, up 50% from 2023.

Cristina Bellu · 25.03.2025 · 11:15 · 1 min
Türkiye’s Ford Otosan Hikes Craiova Plant Production Capacity for Second Time
Automotive

Türkiye’s Ford Otosan Hikes Craiova Plant Production Capacity for Second Time

Ford Otosan’s Craiova plant benefited from a new production capacity increase, to 300,000 vehicles at present.

Bogdan Alecu · 14.03.2025 · 10:35 · 1 min
Ropharma Shareholders OK Increase of ING Bank Loan by EUR2.35M
Companies

Ropharma Shareholders OK Increase of ING Bank Loan by EUR2.35M

The extraordinary general meeting of Ropharma shareholders on March 3 decided to increase a loan contracted from ING Bank by EUR2.35, more exactly from EUR12.95 million to EUR15.3 million.

Eduard Ivanovici · 04.03.2025 · 11:05 · 1 min
Romania Forex Reserves Rise To EUR62.5B In February 2025
Macroeconomics

Romania Forex Reserves Rise To EUR62.5B In February 2025

Romania's foreign exchange reserves stood at EUR62.5 billion at the end of February 2025, higher by EUR1.75 billion than the EUR60.8 billion level reported on January 31, 2025, Romania’s cen...

Ecaterina Craciun · 03.03.2025 · 18:52 · 1 min
Fuel Wholesaler Artoil Expects 25% Growth In Revenue In 2025
Companies

Fuel Wholesaler Artoil Expects 25% Growth In Revenue In 2025

Timisoara-based fuel wholesaler Artoil, held by entrepreneurs Alexandra and Alex Bunceanu, expects 25% growth in revenue in 2025 compared with 2024, as a result of both new partnerships and...

Loredana Frățilă-Cristescu · 03.02.2025 · 22:35 · 1 min
Storia: Apartment Prices Up 13% On Average In 2024
Real Estate

Storia: Apartment Prices Up 13% On Average In 2024

Average prices of apartments for sale increased by 13% in December 2024 compared with the same month of 2023, the latest data from Storia show. Storia is a real estate platform launched by O...

Loredana Frățilă-Cristescu · 16.01.2025 · 18:40 · 1 min
Government Raises “Medium Term Notes” Program Ceiling By EUR15B To EUR90B
Banks-Insurance

Government Raises “Medium Term Notes” Program Ceiling By EUR15B To EUR90B

The “Medium Term Notes” government paper issue framework program will continue with a higher value, RON90 billion, instead of the previous RON75 billion, and the increase will allow covering...

Loredana Frățilă-Cristescu · 10.01.2025 · 18:38 · 1 min
Romania Posts Budget Deficit Of RON126B Or 7.12% Of GDP In January-November 2024
Macroeconomics

Romania Posts Budget Deficit Of RON126B Or 7.12% Of GDP In January-November 2024

Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product (GDP), which is 71% higher than in the year-ago p...

Loredana Frățilă-Cristescu · 02.01.2025 · 10:03 · 1 min
Three-Month ROBOR Continues to Rise, Reaches 5.87%/Year
Banks-Insurance

Three-Month ROBOR Continues to Rise, Reaches 5.87%/Year

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 lei-de...

Cristina Bellu · 26.11.2024 · 14:10 · 1 min