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Romania

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Romania To Get EUR809M EIB Support for COVID-19 Resilience, Education, Energy, Private Investment
Banks-Insurance

Romania To Get EUR809M EIB Support for COVID-19 Resilience, Education, Energy, Private Investment

Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR809 million of new financing from the European Investment...

Oana Gavrila · 18.03.2021 · 16:06 · 4 min
Romania Remains On Real Estate Investors’ Radar
Real Estate

Romania Remains On Real Estate Investors’ Radar

The Romanian real estate market continues to lure investors and the mix between the limited supply and the demand better than the initial estimates could trigger unexpected price changes, ac...

Ecaterina Craciun · 02.02.2021 · 14:30 · 1 min
KeysFin: Romania’s Economy Expected To Grow 2.5% To 3.5% In 2021
Macroeconomics

KeysFin: Romania’s Economy Expected To Grow 2.5% To 3.5% In 2021

Experts of KeysFin, one of business information providers in Romania, expect the Romanian economy to grow by 2.5% to 3.5% in 2021.

Ecaterina Craciun · 29.01.2021 · 19:32 · 2 min
Joris Ide Targets EUR15M Investments In Romania In Next Three Years
Companies

Joris Ide Targets EUR15M Investments In Romania In Next Three Years

Construction material manufacturer Joris Ide, held by Kingspan Group, targets investments of nearly EUR15 million in Romania until 2024.

Ecaterina Craciun · 28.01.2021 · 20:15 · 1 min
Shell Returns To Romania With Commercial Road Transport Operations As Of April 2021
Energy

Shell Returns To Romania With Commercial Road Transport Operations As Of April 2021

Oil group Shell, which had sold all its Romanian assets in 2007, is returning to Romania, where it will carry out commercial road transport activities, according to company representatives.

Ecaterina Craciun · 22.01.2021 · 14:25 · 1 min
C&W Echinox: Romania Real Estate Investment Market Sees Nearly EUR1B Worth Of Deals In 2020
Real Estate

C&W Echinox: Romania Real Estate Investment Market Sees Nearly EUR1B Worth Of Deals In 2020

Romania’s real estate investment market showed resilience in the face of the coronavirus pandemic in 2020, with the volume of transactions reaching EUR914 million, 28% higher than in 2019, p...

Ecaterina Craciun · 20.01.2021 · 13:15 · 1 min
World Bank Sees Romania’s Economy Growing 3.5% In 2021
Macroeconomics

World Bank Sees Romania’s Economy Growing 3.5% In 2021

The World Bank expects Romania's economy to contract 5% in 2020, followed by a 3.5% growth in 2021 and a 4.1% growth in 2022, according to a note by lender Banca Transilvania.

Ecaterina Craciun · 06.01.2021 · 11:18 · 2 min
Citu Cabinet Gains Confidence Vote in Romanian Parliament
Social/Politics

Citu Cabinet Gains Confidence Vote in Romanian Parliament

Romania's new government led by liberal prime minister Florin Citu gained a vote of confidence in Parliament Wednesday.

Mihai Draghici · 23.12.2020 · 19:05 · 1 min
Eurostat: Romania Had Highest Decrease In Housing Expenditure In The EU Between 2009 And 2019
Social/Politics

Eurostat: Romania Had Highest Decrease In Housing Expenditure In The EU Between 2009 And 2019

Romanians’ household expenditure, namely, costs with housing, water, electricity, gas and other fuels, saw the largest decrease among EU Member States, between 2009 and 2019, Eurostat data s...

Ecaterina Craciun · 11.12.2020 · 10:59 · 1 min