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Romania

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Polish Children’s Brand Smyk Reaches 13 Stores In Romania
Retail&Consumer

Polish Children’s Brand Smyk Reaches 13 Stores In Romania

Polish Smyk Group, specialized in selling children’s products, has reached 13 stores in Romania after opening a unit in Sibiu Shopping City, according to LinkedIn data.

Ecaterina Craciun · 27.12.2018 · 14:49 · 1 min
Turkish Men’s Clothing Brand KiP Opens Its First Store In Romania, In ParkLake Shopping Mall
Retail&Consumer

Turkish Men’s Clothing Brand KiP Opens Its First Store In Romania, In ParkLake Shopping Mall

Turkish men’s clothing brand KiP, established in 1978, has opened its first store in Romania, within Bucharest-based ParkLake shopping mall. The company plans to open two new stores in 2019,...

Ecaterina Craciun · 21.12.2018 · 20:03 · 1 min
German Group Gothaer To Gradually Withdraw From Romania
Banks-Insurance

German Group Gothaer To Gradually Withdraw From Romania

In the context of implementing the Gothaer 2020 strategy, Gothaer Group has revised in detail its activities in Eastern Europe and decided to concentrate its resources on the German market,...

Ecaterina Craciun · 21.12.2018 · 18:12 · 1 min
Romania Ranked 8th Among Large Beer Producing Countries In The EU In 2017
Retail&Consumer

Romania Ranked 8th Among Large Beer Producing Countries In The EU In 2017

Romania ranked eighth among large beer producing countries in the European Union in 2017, with a production of at least 16 million hectoliters, overtaking Italy, according to the latest repo...

Ecaterina Craciun · 18.12.2018 · 20:56 · 1 min
Romania, The Only EU Capital Market To Post Double-Digit Growth In First 11 Months
Capital Market

Romania, The Only EU Capital Market To Post Double-Digit Growth In First 11 Months

Romania posts the largest growth rate among the main indices of the stock exchanges within the European Union in the first 11 months of 2018, as the BET index surged by nearly 12%, the Bucha...

Ecaterina Craciun · 17.12.2018 · 20:45 · 1 min
Eurostat: Romania, Among Top Three EU Countries With Highest Annual Inflation Rate In November
Macroeconomics

Eurostat: Romania, Among Top Three EU Countries With Highest Annual Inflation Rate In November

Romania, Hungary and Estonia registered the highest annual inflation rates, of 3.2% each, among European Union Member States in November 2018, Eurostat, the statistical office of the Europea...

Ecaterina Craciun · 17.12.2018 · 18:15 · 1 min
Romania Grants RON360M State Aid To Five Companies For Investment Projects Worth RON1B
Companies

Romania Grants RON360M State Aid To Five Companies For Investment Projects Worth RON1B

Romania’s Finance Ministry has signed five financing agreements for the granting of state aid worth a total RON360 million to companies Automobile Dacia, Swoboda Sibiu, Sogefi Suspensions Ea...

Ecaterina Craciun · 10.12.2018 · 13:49 · 1 min
Eurostat: Number Of Air Passengers Carried In 2017 Grew 18% In Romania
Retail&Consumer

Eurostat: Number Of Air Passengers Carried In 2017 Grew 18% In Romania

The number of air passengers carried in 2017 grew by 18% in Romania, placing the country third in Europe, according to data provided by Eurostat, the statistical office of the European Union...

Ecaterina Craciun · 07.12.2018 · 16:04 · 1 min
EIB: Only 68% Of Romanian Firms Invested In Last Financial Year Vs 87% EU-Wide
Companies

EIB: Only 68% Of Romanian Firms Invested In Last Financial Year Vs 87% EU-Wide

Investment gaps in Romania are prevalent despite the strong – but mainly consumption driven – growth in recent years, and the investment activity in Romania remains one of the lowest in the...

Ecaterina Craciun · 04.12.2018 · 15:22 · 3 min