Romania
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Romania Ranks Third In CEE With Over 300 Sustainable Real Estate Projects In 2010-2020 Period
Romania ranks third in the region of Central and Eastern Europe (CEE) with over 300 sustainable real estate projects during the 2010-2020 period.
EY: Romania Ranks 18th In Europe By Foreign Direct Investment
Romania kept its 18th spot in 2020 among 51 countries in Europe regarding foreign direct investment (FDI), with 57 foreign investment projects, compared with 78 projects in 2019, which trans...
Moody’s Sees Romania’s GDP Growing 4% On Medium Term; Keeps Country’s Rating At Baa3, With Negative Outlook
Romania's credit profile (Baa3 negative) balances a medium-term economic growth potential, moderate institutional and governance strength, and still relatively favorable debt metrics against...
Danone Investments Reach EUR11M in Romania in 2019-2021
Danone Romania, the leader of the Romanian yogurt market, has invested some EUR11 million in local milk production and in boosting the capacity of its plant in Bucharest since 2019, its offi...
Standard & Poor's Revises Romania's Outlook to Stable from Negative
Standard & Poor's Global Ratings has revised the outlook on Romania's sovereign rating to stable from negative due to decreasing fiscal risks, while maintaining the rating at BBB-/A-3.
VIG Gross Underwritings In Romania Grow 5.5% YoY To EUR493.8M
Austria’s Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, said Thursday it recorded gross underwritings of EUR493,8 million in Roman...
Toy Retailer Jumbo Sales Double In Romania YoY In 1Q/2021
The stores in Romania and Cyprus of Greek-held toy retailer Jumbo doubled their sales in the first quarter of 2021, compared with the same period of 2020.
From 2010 to 2020 – this time the bank is the good guy
Right now, Romania is performing better than most European peers in managing the pandemic, hence it avoided the lockdown for the first quarter of 2021. The National Institute for Statistics...
IMF Revises Upwards Romania’s GDP Growth Forecast To 6% In 2021
The International Monetary Fund (IMF) on Tuesday revised upwards its forecast on Romania’s economic growth to 6% in 2021, from a previous projection of 4.6% in its October 2020 report.