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Romania

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Eurostat: Romania Ranks Third In The European Union By Honey Exports In 2023
Analysis

Eurostat: Romania Ranks Third In The European Union By Honey Exports In 2023

In 2023, European Union Member States imported 163,700 tons of natural honey worth a total of EUR359.3 million, from countries located outside the EU bloc, as per data released by the Europe...

Ecaterina Craciun · 20.05.2024 · 14:58 · 1 min
Romania, Last Among EU Countries By Business Innovation
Macroeconomics

Romania, Last Among EU Countries By Business Innovation

Romania remains at the bottom of the European Union rankings in terms of innovation, with the proportion of Romanian companies introducing new or improved products or business processes to t...

Ecaterina Craciun · 29.04.2024 · 13:34 · 2 min
Eurostat: Romania, The Third Largest Oil Producer In The European Union
Analysis

Eurostat: Romania, The Third Largest Oil Producer In The European Union

The largest oil producers in the European Union in 2022 were Italy (4.5 million tons), Denmark (3.2 million tons) and Romania (3 million tons), data from Eurostat, the statistical office of...

Ecaterina Craciun · 15.04.2024 · 20:39 · 1 min
European Commission Okays Reintroduction of Romania EUR2.5B State Aid Scheme
Companies

European Commission Okays Reintroduction of Romania EUR2.5B State Aid Scheme

The European Commission has approved the reintroduction of Romania’s EUR2.5 billion state aid scheme meant to support enterprises in the context of Russia’s war against Ukraine.

Roxana Dumitru Rosu - Mediafax · 09.04.2024 · 16:17 · 1 min
Eurostat: Romania Ranks 21st Among the 27 EU Member States by GDP Per Capita, Ahead of Hungary, Croatia, Slovakia, Latvia, Greece, Bulgaria
Macroeconomics

Eurostat: Romania Ranks 21st Among the 27 EU Member States by GDP Per Capita, Ahead of Hungary, Croatia, Slovakia, Latvia, Greece, Bulgaria

Romania ranks 21st among the 27 EU member states in terms of GDP per capita expressed in purchasing power, respectively 22% below the EU average, beating Hungary, Croatia, Slovakia, Latvia,...

Roxana Dumitru Rosu - Mediafax · 27.03.2024 · 11:08 · 1 min
VIG Group's Underwritings Grow 10% YoY To EUR14B In 2023
Banks-Insurance

VIG Group's Underwritings Grow 10% YoY To EUR14B In 2023

Austrian-held insurer Vienna Insurance Group (VIG), which owns Omniasig, Asirom and BCR Asigurari de Viata in Romania, reported gross written premiums of EUR13.8 billion for 2023, higher by...

Ecaterina Craciun · 13.03.2024 · 02:03 · 2 min
Hungary’s Startup Munch Due to Enter Romania in 1-2 Months
Technology &Telecoms

Hungary’s Startup Munch Due to Enter Romania in 1-2 Months

Hungary’s startup Munch, which has developed a mobile app aiding reduce food waste, will enter Romania’s market in 1-2 months, with Bucharest as the first targeted city.

Ioana Nita · 05.03.2024 · 09:35 · 1 min
Study: Romania Ranks Second In Europe By IT Specialists
Companies

Study: Romania Ranks Second In Europe By IT Specialists

The number of IT specialists employed in Romania has seen a steady increase in recent years, making it one of the sectors with the highest salaries, as well as a high degree of workforce mob...

Ecaterina Craciun · 04.03.2024 · 20:34 · 2 min
Nestlé Romania Sees 18.8% Organic Growth In 2023
Companies

Nestlé Romania Sees 18.8% Organic Growth In 2023

Nestlé Romania posted organic growth in sales of 18.8% in 2023 compared with the previous year, the company said.

Loredana Frățilă-Cristescu · 23.02.2024 · 11:15 · 1 min