The Sibiu-based company Con-A won, as the leader of an association, the tender for the construction of the RON 1.8 billion (EUR 360 million, VAT excluded) Craiova regional emergency hospital, Turnul Sfatului and Economedia.ro...
The balance of non-governmental loans granted by credit institutions increased in August 2024 by 1.0% compared to July 2024 (0.7% in real terms), up to the level of 407.893 billion RON, according to the data of the National Bank of Romania, published on Tuesday.Loans in RON, with a weight of 69.7% in the total volume of non-governmental loans, increased by 1.3%, and foreign currency credit expressed in RON, with a weight of 30.3% in the total volume of non-governmental credit, increased by 0.3% (similar evolution in the case of expressing the indicator in euros).Compared to the same period of 2023, non-governmental credit registered an increase of 7.7% (2.5% in real terms), due to the 10.0% increase in the component in RON (4.7% in real terms) and with 2.7% of the foreign currency component expressed in RON (2.0% in the case of expressing the indicator in euros).The balance of government loans granted by credit institutions increased in August 2024 by 1.3% compared to July 2024, up to 220.307 billion RON. Compared to August 2023, it increased by 20.7% (14.8% in real terms).The monetary mass in a broad sense (M3) recorded a balance of 693.601 billion RON at the end of August 2024. This increased by 0.8% (0.6% in real terms) compared to July 2024, and compared to August 2023 it increased by 10.8% (5.4% in real terms).
The Sibiu-based company Con-A won, as the leader of an association, the tender for the construction of the RON 1.8 billion (EUR 360 million, VAT excluded) Craiova regional emergency hospital, Turnul Sfatului and Economedia.ro...
Two research and development projects, worth almost EUR 180 million, in the field of nuclear energy and artificial intelligence (AI), respectively, will be carried out in Romania, the Ministry of Investments and European Projects (MIPE) announced. The first project, called "4ALFRED - Research for Next Generation Reactors", has a value of over EUR 112 million […]
The completion of the 430 MW gas-fired power plant at Iernut by Spanish contractor Duro Felguera for Romgaz, expected for this summer, is at risk as the contractor faces insolvency and the payment of EUR 400 million fines related to a past contract in Algeria, according to
Top Metrology, a company specializing in metrology and trade in industrial and laboratory equipment, has launched the construction of a metal components factory for the aerospace industry. The project envisages RON 42.5 million (over EUR 8 million), out of which almost half is eligible for a state grant. It will be developed in the city […]
Romanian finance minister Tanczos Barna backed the central bank’s forecast, saying that the country’s inflation is on a downward trend and that “it will probably be 3.8% this year.” He said the average inflation would be 4.4% in 2025. The central bank envisages 3.8% yearend inflation, down from 5.1% y/y at the end of 2024. […]
Romania’s 0.9% economic growth in 2024 was driven by private consumption, seen in the higher value-added generated by the sector of services to households (retail included), while the net taxes contributed as well significantly, particularly in the second half of the year. The sector of constructions lost momentum in Q4 (-5.3% y/y) dragged down by […]