Romania
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Primark To Open Third Store In Romania, In Iulius Town Timisoara, In H2/ 2024
Primark, the international fashion retailer, has announced plans to open a third store in Romania, located in the Iulius Town complex, in Romania's western city of Timisoara.
European Commission Sees Romania’s Economy Slowing To 2.2% In 2023
The European Commission forecasts, in its autumn economic report for Romania, that the real GDP growth is expected to slow to 2.2% in 2023 due to high inflation limiting disposable income, r...
Romania Has 60 Companies In Coface Top 500 CEE
Romania is represented with 60 companies in a ranking of 500 largest companies in Central and Eastern Europe (CEE) compiled by Coface rating agency based on 2022 financial data, placing the...
Romania's Wine Production Up 15% In 2023 And 4% Above Average Of Last Five Years
Romania produced 4.4 million hectoliters of wine in 2023, 15% more than in 2022 and 4% more than the average of the last five years, consolidating its position as the sixth largest wine prod...
Moody’s Affirms Romania’s Baa3 Ratings, Keeps Stable Outlook
International rating agency Moody’s Investors Service (Moody’s) has affirmed the Romanian Government's long-term Issuer and Senior Unsecured Ratings at Baa3 and has also affirmed the Senior...
Greece’s PPC Names Alessio Menegazzo as CEO and Country Manager for Companies Owned in Romania
Greek group PPC, which bought Enel Romania for EUR1.2 billion, has appointed Alessio Menegazzo as CEO and Country Manager.
World Bank: Romania Could Substantially Improve Living Standards While Decarbonizing Its Economy By 2050
Romania could raise its national income by almost three times in the next three decades while taking action to improve resilience against climate change and reduce carbon emissions, if it co...
Ukrainian Retailer Aurora Multimarket Enters Romanian Market With A First Store In Suceava
The largest Ukrainian retail chain in the one dollar store format, Aurora Multimarket, has entered the Romanian market and opened its first store in Romania, in the city of Suceava.
IMF Revises Romania’s Economic Growth Forecast Downwards To 2.2% In 2023
The International Monetary Fund (IMF) predicts an economic growth of 2.2% for Romania in 2023, lower than in its previous spring projection of 2.4%, according to its latest report released o...