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Romania

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UniCredit Bank Sees Romania’s GDP Growth At 4.2% In 2019
Banks-Insurance

UniCredit Bank Sees Romania’s GDP Growth At 4.2% In 2019

Romania's gross domestic product (GDP) is expected to grow 4.2% in 2019 and 2.6% in 2020, against the backdrop of increased activity in the construction sector and of a laxer fiscal policy,...

Ecaterina Craciun · 08.11.2019 · 21:55 · 2 min
Only 10 of World’s 100 Most Powerful Franchises Present in Romania
Companies

Only 10 of World’s 100 Most Powerful Franchises Present in Romania

Only 10 of the 100 most powerful franchises worldwide are present in Romania, and almost all of them operate in one sector, the hotel and catering industry. More precisely, fast-food chains,...

Loredana Frățilă-Cristescu · 06.11.2019 · 10:06 · 1 min
JYSK Opens New Store, In Zalau; Reaches 79 Units In Romania
Companies

JYSK Opens New Store, In Zalau; Reaches 79 Units In Romania

JYSK Romania, one of the largest furniture and home décor retailers, with a turnover of over EUR100 million in Romania, will be opening a new store Thursday (Nov 7), in Zalau (Salaj County),...

Ecaterina Craciun · 05.11.2019 · 19:05 · 1 min
ACEA: New Commercial Vehicle Sales In Romania Fall Over 36% YoY In Sept 2019
Automotive

ACEA: New Commercial Vehicle Sales In Romania Fall Over 36% YoY In Sept 2019

Romania saw a decrease of 36.4% in sales of commercial vehicles year-over-year in September 2019, data from the European Automobile Manufacturers Association (ACEA) showed Thursday.

Ecaterina Craciun · 24.10.2019 · 19:25 · 1 min
Eurostat: Romania Sees Lowest Increase In Government Debt In The EU, In 2Q/2019
Macroeconomics

Eurostat: Romania Sees Lowest Increase In Government Debt In The EU, In 2Q/2019

Romania’s government debt to GDP ratio grew to 34.2% in the second quarter of 2019, from 34.1% at the end of the first quarter, being the lowest increase among EU Member States, data from Eu...

Ecaterina Craciun · 22.10.2019 · 16:54 · 2 min
30 New Brands Entered Romania In Past Two Years
Companies

30 New Brands Entered Romania In Past Two Years

The last three years, 2017, 2018 and 2019 have been rather busy in terms of new brand arrival, both on the fashion, jewelry and accessory segment and on the restaurant and café segment.

Loredana Frățilă-Cristescu · 22.10.2019 · 09:22 · 1 min
Bosch Reaches Over 8,000 Employees At Its Production And Engineering Centers In Romania
Companies

Bosch Reaches Over 8,000 Employees At Its Production And Engineering Centers In Romania

Bosch, global leader in the delivery of technologies and services, with a combined turnover of EUR78.5 billion in 2018, has reached over 8,000 employees in Romania, at its five entities, acc...

Ecaterina Craciun · 21.10.2019 · 19:59 · 1 min
Eurostat: Romania Posts Highest Annual Inflation Rate In September 2019
Macroeconomics

Eurostat: Romania Posts Highest Annual Inflation Rate In September 2019

The euro area annual inflation rate was 0.8% in September 2019, down from 1.0% in August. A year earlier the rate was 2.1%. European Union annual inflation was 1.2% in September 2019, down f...

Ecaterina Craciun · 16.10.2019 · 15:22 · 1 min
Romania Posts Second Largest Growth In New Car Registrations In EU In Jan-Sept 2019
Automotive

Romania Posts Second Largest Growth In New Car Registrations In EU In Jan-Sept 2019

Romania posted the second largest growth in new car registrations among EU countries, year-over-year in January-September 2019, of 16.4%, data from the association of automotive manufacturer...

Ecaterina Craciun · 16.10.2019 · 13:16 · 1 min