Romania
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Fitch Reaffirms Romania's Stable Outlook
Fitch Ratings has reaffirmed Romania's outlook at 'stable' and the local currency issuer default ratings (IDR) at 'BBB-'.
IKEA Plans To Open More Stores In Romania
IKEA wants to open more stores in Romania and is looking at several cities and also the possibility of adding more stores in Bucharest, where it already has two, says Jesper Brodin, CEO of I...
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU In July 2024
The European Union member countries with the highest inflation rates in July 2024 were Romania (5.8%), Belgium (5.4%) and Hungary (4.1%), according to data provided by Eurostat, the statisti...
Romania Beats Greece and Bulgaria by Number of Foreign Investments in 2023
Sixty foreign direct investments were carried out in Romania in 2023, with the figure placing Romania ahead of Greece and Bulgaria, reveals EY Attractiveness Survey Romania 2024 study.
UiPath Reports RON2.8B Turnover In Romania In 2023, Up 25% YoY
UiPath, the most successful product in the Romanian IT industry and the first Romanian IT company listed on Wall Street, has reported at Romania's finance ministry a turnover of RON2.855 bil...
Romania Secures Record EUR4.1B In EIB Funding In 2023
In 2023, Romania saw a record level of financing obtained from the European Investment Bank (EIB) Group, with a total of financial commitments worth EUR4.1 billion, the highest level so far,...
Romania Records a New Decline in Packaging Waste Recycling
Romania continues to face major challenges in managing and recycling packaging waste, with the latest data showing that the country has recycled only 38.31% of packaging waste, marking a dec...
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU For 5th Consecutive Month
Romania had the highest annual inflation rate, of 5.8%, among European Union Member States, for the fifth consecutive month, in May 2024 compared to April 2024, data from Eurostat, the stati...
Romania, 15th Largest Market For Italian Agri-food Products
Romania has become the 15th largest market for Italian agri-food products worldwide, being outranked only by Poland and Greece, in Central and Eastern Europe (CEE).