Romania
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France’s BNP Paribas Seeks to Sell Cetelem Operations in Romania and Rest of Region
France’s BNP Paribas is interested in selling Cetelem's operations in the region, market sources say. It would like to sell the whole package to a single buyer, but in some cases, there is i...
S&P Affirms Romania's Sovereign Rating At BBB-; Outlook Stable
International rating agency Standard&Poor’s (S&P) has affirmed Romania's sovereign rating at BBB-, in line with the other two major rating agencies and just above the investment grade lower...
Fitch Affirms Romania's BBB- Rating; Outlook Negative
International rating agency Fitch has recently affirmed Romania's sovereign long-term rating (IDR) at BBB-, keeping it at the lowest investment-grade level, but it maintained the Negative Ou...
EBRD Cuts Romania’s 2022 Economic Growth Forecast To 2.8%
The European Bank for Reconstruction and Development (EBRD) said in an analysis on Thursday that it expects Romania’s economy to grow by 2.8% in 2022, lowering its November forecast that poi...
Continental Invested EUR150M In Romania In 2021; Sets Same Target For 2022
German automotive parts supplier Continental has invested roughly EUR150 million in Romania in 2021, continuing the steps taken in the last years, during which time it has invested in high-e...
Banca Transilvania Sees Romania’s Economy Growing 3.5% In 2022
Banca Transilvania, Romania’s largest lender by assets, has revised the country’s economic growth forecast to 3.5% in 2022, from a previous projection of 5.1%, and the gross domestic product...
Romania Ranks 14th In The EU With 17.953 New Car Registrations In Jan-Feb 2022
New car registrations in Romania surged by 39.2% on the year to 17.953 units in January-February 2022, placing the country 14th in the European Union, data from the European Automobile Manuf...
Portugal's EDP Renewables Targets 1,000 MW Projects In Romania, Govt Says
Portugal’s EDP Renewables (EDPR), the third largest renewable energy investor on the Romanian market, said it plans to invest in additional green energy projects in Romania with a capacity o...
Emergn Enters Romania; Set To Hire 100 IT Experts
Emergn, a global digital business services company that helps companies deliver faster products and valuable customer experiences, announced its entry into the Romanian market.