Economic news

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18 June 07:55

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June 18, 2024. Summary of economic and technology news / last 24 hours

17 June 19:33

BRCI introduced Instant Payments, allowing interbank transfers of up to 50,000 lei in less than 10 seconds.

Sources

17 June 11:56

OMV Petrom will invest €2 billion by 2030 at its Petrobrazi refinery to modernize it and produce biofuels.

Sources

13 June 12:58

FinCoach, the new feature of the George platform, offers financial education and practical advice, integrating the analysis of personal financial data.

Sources

9 June 14:24

The NBR has launched a tender for the procurement of financial analysis and accounting assessment services for credit institutions in the context of bank resolution.

Sources

8 June 21:00

The firm that owns AFI Palace Cotroceni reported lower business in 2023, down 15% from 2022.

Sources

7 June 17:34

In the first four months of 2024, 7,594 firms suspended operations, up more than 38% from the same period last year.

Sources

6 June 14:00

The ECB cut its benchmark deposit rate by a quarter of a percentage point to 3.75%, ahead of other major central banks.

Sources

6 June 10:18

The Government has approved the establishment of the Public Hospital of Sector 6 in Bucharest, an investment of over 145 million euro.

Sources

6 June 09:46

Analysts believe ROBOR is unlikely to fall below 6%, the limit imposed by the deposit facility interest rate.

Sources

6 June 07:57

Therme, one of the largest relaxation centers in Europe, had a turnover of 241.67 million lei in 2023, up 37.8% from the previous year.

Sources

5 June 08:45

Apartment prices rose significantly in 2024, reaching record highs in big cities such as Brasov, Bucharest, Cluj, Timisoara.

Sources

+7

1 June 17:22

Nvidia could soon overtake Apple to become the world's second most valuable company thanks to its success in artificial intelligence.

Sources

30 May 09:47

Marcel Boloș, Minister of Finance, is considering increasing the SME Plus loan schemes by 20% for investments.

Sources

29 May 10:53

The Greek company Aktor has started digging the twin tunnels at Ormeniș, part of the Brașov - Simeria railroad. The project is co-financed by the EU.

Sources

27 May 10:11

Columbus Operațional SRL, owned by Carrefour, reported business of over 1.2 billion lei in 2023, with a net profit of 31.8 million lei.

Sources

26 May 13:03

German discounter Penny will open the first stand-alone store in Romania, where products are automatically scanned by a smart camera system.

Sources

23 May 12:53

The Focșani - Brăila Express Road project has been technically endorsed and will be submitted for approval to the Interministerial Council.

Sources

+4

23 May 09:26

Brico Dépôt Romania, part of the Kingfisher Group, reported sales growth of 12.3% in the first quarter of fiscal 2024.

Sources

22 May 09:05

Intesa Sanpaolo Bank has been selected by Bucharest City Hall to provide a 150 million lei loan to finance public investments.

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