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Romania

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Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 5.5%, In December 2024
Macroeconomics

Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 5.5%, In December 2024

Romania had the highest annual inflation rate, of 5.5%, among European Union (EU) Member States, in December 2024, data from Eurostat, the bloc's statistical office, showed on Friday (Jan.17...

Ecaterina Craciun · 17.01.2025 · 14:03 · 1 min
World Bank Downgrades Romania GDP Growth Forecasts
Macroeconomics

World Bank Downgrades Romania GDP Growth Forecasts

The World Bank projects 2.1% economic growth in Romania in 2025, after 1.3% forecast for 2024, underscoring that, despite EU fund inflows, the recently announced fiscal consolidation moves h...

Roxana Dumitru Rosu - Mediafax · 17.01.2025 · 10:53 · 1 min
EBRD Invested EUR77M in 44 Projects in Romania in 2024, Double 2023 Number; 2025 Portfolio Set to Cover all Economic Fields
Banks-Insurance

EBRD Invested EUR77M in 44 Projects in Romania in 2024, Double 2023 Number; 2025 Portfolio Set to Cover all Economic Fields

The European Bank for Reconstruction and Development (EBRD) in 2024 invested in a record high number of projects in Romania amid rising investment in energy and pledges of alignment to green...

Liviu Popescu · 16.01.2025 · 11:10 · 1 min
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 5.4%, In November 2024
Macroeconomics

Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 5.4%, In November 2024

Romania had the highest annual inflation rate, of 5.4%, among European Union Member States, in November 2024, data from Eurostat, the statistical office of the European Union (EU), showed on...

Ecaterina Craciun · 19.12.2024 · 20:31 · 1 min
Fitch Ratings Revises Romania's Outlook to Negative Amid Political Uncertainty
Macroeconomics

Fitch Ratings Revises Romania's Outlook to Negative Amid Political Uncertainty

Fitch Ratings has revised the Outlook on Romania's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable, and affirmed the IDR at 'BBB-'.

Ecaterina Craciun · 18.12.2024 · 13:22 · 2 min
Türkiye’s Trendyol Has Ambitious Plans for Romania
Companies

Türkiye’s Trendyol Has Ambitious Plans for Romania

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 mil...

Ioana Nita · 16.12.2024 · 09:52 · 1 min
Russia’s Kaspersky Decides To Close Romanian Company After 16 Years
Technology &Telecoms

Russia’s Kaspersky Decides To Close Romanian Company After 16 Years

Russian cybersecurity solutions provider Kaspersky decided on September 1 to close its company in Romania, which it had established 16 years previously, according to a document published in...

Loredana Frățilă-Cristescu · 29.11.2024 · 23:57 · 1 min
Poland’s PESA Set to Deliver First Trains to Romania in Mid-2025
Companies

Poland’s PESA Set to Deliver First Trains to Romania in Mid-2025

Polish-held rolling stock producer PESA will deliver the first trains to Romania in mid-2025 and start the homologation process with the Romanian rail watchdog AFER.

Mirabela Tiron · 26.11.2024 · 09:39 · 1 min
AKTOR Sees Romania As Key Market In Coming Years
Companies

AKTOR Sees Romania As Key Market In Coming Years

Greece's AKTOR Group of Companies sees Romania as a key market in the coming years and plans to boost its portfolio in the local market by participating in new infrastructure projects within...

Ecaterina Craciun · 11.11.2024 · 15:37 · 1 min