Economy news

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27 February 17:47

Renault CEO Luca de Meo emphasizes the need for extensive collaboration in Europe to boost the development of electric vehicles.

Sources

26 February 10:57

Start the "New Home" program.

Sources

26 February 10:17

Zara owner Inditex is expanding its Lefties brand to counter the rapid growth of rival Shein by focusing on low prices and online presence.

Sources

The NATO summit highlighted the need to fund defense industries, but communication between countries remains a challenge, says Cristian Sfichi of Thales.

Sources

The European Commission has received the report of an independent panel of experts, which contains recommendations for the future of cohesion policy.

Sources

19 February 13:21

The Ministry of Finance made a new issue of government bonds, borrowing 443.2 million lei from banks.

Sources

18 February 09:09

Egypt has announced to abandon the US dollar for trade payments, in line with the BRICS policy of de-dollarization.

Sources

15 February 08:12

Manufacturing new orders in 2023 are up 4.2% from 2022.

Sources

13 February 20:49

Finance Minister Marcel Boloș estimates that GDP per capita will reach €20,000 in 2024 and investment spending will account for more than 7% of GDP.

Sources

13 February 11:46

OTP Bank Romania introduced a mortgage loan with a fixed interest rate from 5.79% for the first three years, then with a fixed margin from 2.39% + IRCC.

Sources

13 February 11:42

Romania's total external debt increased in 2023 by EUR 24.9 billion to EUR 168 billion.

Sources

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12 February 20:01

Nasdaq will provide technical assistance to the Ukrainian government to develop the capital market in the context of the opening of a new International Financial Center.

Sources

12 February 12:48

Romanian producers blame low-priced sugar imports from Ukraine for hurting local industry.

Sources

8 February 13:52

Car companies are cutting investment in electric cars, expecting an increase in demand. Electric car sales fell in December 2023.

Sources

7 February 14:35

Vehicle sales in China rose 47.9% in January to 2.44 million units, but deliveries of electric vehicles fell.

Sources

7 February 11:54

OMV Petrom intends to acquire 50% of the shares of Electrocentrale Borzești from RNV Infrastructure. The transaction is subject to authorization by the Competition Council.

Sources

7 February 07:40

Ford Puma, the B-class SUV assembled at the Ford Otosan plant in Craiova, has become the best-selling vehicle assembled exclusively in Romania.

Sources

3 February 13:43

Amazon founder Jeff Bezos plans to sell up to 50 million Amazon shares in the next year, worth $8.6 billion.

Sources

3 February 13:05

TikTok users can earn money by playing game characters in a mode called NPC.

Sources

1 February 13:21

Inflation has fallen in the euro area but is still above the European Central Bank's target

Sources

1 February 12:51

In 2023, Romania became the main importer of agricultural products from Ukraine, followed by China and Turkey.

Sources

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