Romania
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VTEX To Invest $4M In Romania In Next 2 Years; Its Bucharest Center To Coordinate Regional Development
VTEX, one of the world’s leading e-commerce platforms, will invest $4 million in development in Romania, over the next two years, of which $1.5 million will be allocated in 2020.
KPMG Expects Romania’s M&A Market To Keep Upward Trend Of Last 3 Years In 2020
Romania’s mergers and acquisitions (M&A) market will continue in 2020 the upward trend of the last three years, fuelled by an economic growth trend and a favourable geopolitical context in t...
Five Suitors Still in the Cards to Buy CEZ’s Romanian Operations
Only five suitors are left in the race to buy the CEZ operations in Romania – Australia’s Macquarie group, DWS – Deutsche Bank’s investment fund (the two also seek to buy a stake in Enel Rom...
Romania Sees Second Highest Auto Market Growth in EU in 2019
Romania saw the second highest rise in the number of new car registrations in the European Union in 2019, 23.4% to 161,500 units in 2019 compared with 2018, European Automobile Manufacturers...
Kaufland To Invest EUR300M In Romania In 2020
German retailer Kaufland, leader on the Romanian food trade sector with annual sales of over RON10 billion (EUR2.2 billion), will be investing nearly EUR300 million in the Romanian market in...
Moody’s: Romania To See One Of Highest Inflation Rates In CEE In 2020-2021
International rating agency Moody's expects Romania to record one of the highest inflation rates in Central and Eastern Europe (CEE), but the increases in the minimum wage will be among the...
Mazda Sales In Romania Up 23% To Nearly 2,800 Units In 2019
Sales of Japanese automaker Mazda on the Romanian market grew 23% on the year in 2019, to 2,781 units, being the seventh consecutive year of double-digit growth in Romanian sales, according...
Euler Hermes: Romania Economy To Slow Down Growth Rate To 2.8% In 2020
Romania’s economy will slow down its growth rate down to 2.8% in 2020, according to estimates by Euler Hermes analysts, in the context of falling global demand, continuous commercial tension...
Deloitte: Romania M&A Market Tops EUR4B In 2019, A Record High Of Last 10 Years
Romania’s mergers & acquisitions (M&A) market reached 110 transactions in 2019, the highest level of the last ten years, and was estimated at EUR4–4.4 billion, considering the overall disclo...