Romania
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OECD: Romania’s GDP Growth Projected To Grow By 4.5% In 2022 And 2023
A report released Friday (Jan 28) by the Organization for Economic Co-operation and Development (OECD) shows that, according to OECD predictions, Romania’s economy grew by 6.3% in 2021 and i...
Streaming Platform Disney Plus To Launch In Romania In Summer 2022
Disney Plus, the streaming service of The Walt Disney Company, has confirmed its launch in 42 countries in Europe, Africa and Asia, including Romania, starting summer 2022.
Primark To Open First Store In Romania By End- 2022
Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, will be opening its first store in Romania, within ParkLake Shopping Center in capital Bucharest,...
World Bank Cuts Romania’s GDP Growth Forecast To 4.3% In 2022
Romania’s economy is expected to grow by 4.3% in 2022, the World Bank said, cutting its June 2021 forecast by 0.2 percentage points, according to the World Bank's Global Economic Prospects r...
Romania Needs to Raise RON145B in 2022
Romania needs to raise RON145 billion from the domestic and international markets this year to fund its budget deficit and refinance previous debt, considering its projected budget gap of 5....
Unilever Has Invested More Than EUR120M in Romania in 30 Years
Unilever has invested more than EUR120 million in Romania over the past 30 years, since the group's first products entered the local market, says Romanian executive Ana-Maria Paslaru, who be...
Romania Records Highest National VAT Compliance Gap In The EU In 2019
In 2019, Romania recorded the highest national VAT compliance gap with 34.9% of VAT revenues going missing in 2019, placing it first among European Union Member States, in line with a PwC an...
OTP Bank Sees Romania’s Economy Growing By 7.2% In 2021
Romania’s economy significantly slowed down its growth rate in the third quarter of 2021 and a slight recession is possible in the fourth quarter of 2021, in the context in which the economy...
Poland’s PKN Orlen Said to Be Looking at Oil and Gas Assets in Romania
The Petromidia refinery, the most important asset of Kazakhstan’s KazMunayGas in Romania, as well as assets in the hydrocarbon production area of OMV Petrom, are on the radar of Poland’s PKN...