Romania
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Central Bank Deputy Governor: The Need To Strengthen Economic Cooperation Btw Romania And Republic Of Moldova
Romania and the Republic of Moldova share a rich cultural heritage, the same language, and a long history of mutual support and cooperation. These common roots provide a solid foundation for...
European Commission Urges Romania To Remove Restrictions On Electricity Export
The European Commission found that Romania did not fulfill its obligations assumed in the Treaty on the Functioning of the European Union (TFEU) by restricting the export of electricity, as...
OTP Bank: Romania’s Economic Growth to Slow Down in H1, Rebound in H2
Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a...
Eurostat: Romania, Among The Top Three Oil Producers In The EU In 2021
After reaching a record high of 96.78% in 2020, the import dependency for the entire family of crude oil and petroleum products declined to 91.67% in 2021, according to a Eurostat report.
Study: Romania Ranks Last Among EU Countries By Online Learning
Romania ranks last among European Union (EU) countries regarding online learning, considering that only 8% of Romanians said they used the Internet for educational purposes in the last three...
Kingfisher Sales In Romania Up 1.7% YoY To GBP285M In 2022/2023 Financial Year
UK’s Kingfisher Group, which owns do-it-yourself (DIY) retailer Brico Depot on the Romanian market, reported sales of GBP285 million in the 2022/2023 financial year ended on January 31, 2023...
EIB Granted Over EUR1B In Financing For Investments Across Romania In 2022
The European Investment Bank (EIB) and the European Investment Fund (EIF) signed more than EUR1 billion in financing for new investments across Romania.
Mexican Grupo Bimbo Officially Announces Entry Into Romania
Mexican Grupo Bimbo, one of the world’s largest bakery companies, officially announces its entry into the Romanian market following the acquisition of local company Vel Pitar from U.S. inves...
Eurostat: Romania Posts Fourth Highest GDP Growth In The EU In 4Q/ 2022
Among the European Union Member States, the highest economic growth in the fourth quarter of 2022 compared to the third quarter of 2022 was recorded by Greece (1.4%), Malta (1.2%), Cyprus (1...