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Hidroelectrica Shareholders Greenlight RON1B Special Dividends
The Ordinary General Meeting of Shareholders of the state-owned Hidroelectrica (H2O.RO) approved all items on the agenda on Friday, May 29, among which the most important were the approval of the 2026 Spending and Revenue Budget and the distribution of a speci...
Survey: 63% of Romanians Spend More on Holidays
Winter holidays continue to spur consumption despite economic pressures on incomes. Almost two thirds (63%) of Romanians say they increase their spending on Christmas and New Year’s Eve, wit...
Hidroelectrica Shareholders Approve New Spending And Revenue Budget For 2025
State-run Hidroelectrica (H2O.RO) has notified the capital market that the General Meeting of Shareholders on October 31 approved the new spending and revenue budget for 2025, with the compa...
Romanian Tourists Spend EUR4.6B On Vacations Abroad In H1, 2025
Romanian tourists who vacationed abroad in the first six months of this year spent EUR4.6 billion, according to data from Romania’s central bank. The amount spent by Romanians was up 9% comp...
Cushman & Wakefield: Romanians Spent EUR40B in 2024 in Major Retail Networks, Up 7% YOY
Romanians in 2024 spent around EUR40 billion in major retail networks, 7% more than in 2023, but the growth pace slowed down, from 11% in the previous year, in line with the survey Romania R...
Banca Transilvania Shareholders Approve Distribution Of RON1.6B Dividends
Banca Transilvania (TLV.RO) shareholders approved, among others, the distribution of RON1.59 billion dividends from the RON3.5 billion net profit made in 2024, during the general meeting on...
Government Adopts Ordinance On Curbing Budget Deficit
The government on Monday announced the adoption of the emergency ordinance aimed at curbing budget deficit to 7% in 2025, as undertaken before the European Commission.
Romanians Spent EUR2.6B On Vacations Abroad In Summer Of 2024
Romanian tourists spent EUR2.6 billion on vacations abroad in the three months of summer, June-August, according to ZF calculations based on data from Romania’s central bank.
C&W Echinox: Romanians Spent EUR63M in Cinemas in 2023, Up 25% from 2022
Romanians last year spent RON308 million (EUR63 million) in cinemas, 25% more than in 2022, with the number of spectators rising by 16%, to around 13 million persons, slightly below the 2019...