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INS: Romania’s trade deficit up by 33.1 percent to over EUR 6.82 bln in January-July

September 12, 2017

Romania’s trade deficit grew by 33.1 percent in January – July 2017, as compared to the same period of 2016, to over EUR 6.824 billion, a release by the National Statistics Institute (INS) on Monday reads. In 1 January – 31 July 2017, the FOB exports went over EUR 36.101 billion, while the CIF imports […]

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Sphera Franchise Group opens a new KFC restaurant in Pitesti 

Sphera Franchise Group, the largest food service operator in Romania, continues to invest in expanding its restaurant portfolio and inaugurates the third KFC unit in Pitesti, in the city’s newest mall. “We are constantly looking for new expansion opportunities for the KFC network, and at the same time, we have in mind the premises offered […]

Siemens Healthineers is revolutionizing medical imaging in Romania by installing the world's first MAGNETOM Flow magnetic resonance equipment

Announced at the 2024 European Congress of Radiology in Vienna, the technology equipping the MAGNETOM Flow system makes its debut in our country The first such device will be installed at the Dorna Medical Clinic in Borșa in June 2024 Prominent figures from national and international medical, scientific, and educational fields were present at the […]

PepsiCo invests USD 2 mln to install photovoltaic panels at its facilities in Romania

PepsiCo, a leader in the food and beverage industry, said it installed photovoltaic panels at three sites in Romania, specifically in Dragomirești, Popești-Leordeni, and Covasna. The project represents a local investment of USD 2.1 million in over 3,000 photovoltaic panels, with a combined installed capacity of 1,700 kWp and the potential to generate over 1,300 […]

SkyShowtime announces first partnership in CEE with Digi Romania

Romania’s leading telecommunications operator Digi will launch the full SkyShowtime service, including the two premium linear channels SkyShowtime 1 HD and SkyShowtime 2 HD, to its digital TV customers. According to the two companies, this is SkyShowtime’s first B2B partnership in Central and Eastern Europe. To mark the launch, Digi will make SkyShowtime available to […]

Weekend calendar: Art Battle Bucharest, Palm Sunday fairs, Gaudeamus Cluj and more

Palm Sunday and Easter fairs are open across the country, while in Bucharest the public can attend the events of Open Street or a jazz concert by New Yorkers Nat Osborn and Mike Parker.  In Bucharest: Art Battle Bucharest April 27 ...

Romanian real estate developer Nusco takes EUR 31 mln loan from OTP Bank

Nusco Imobiliara, part of the Nusco group controlled by Italian family Nusco in Romania, contracted a EUR 31.4 million loan from OTP Bank Romania to develop the second stage of Nusco City, the bank announced. The funds will finance the development of three of the seven buildings included in the second development stage. The second […]