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...
Romanian banks granted loans totaling almost RON 114 billion (EUR 22.8 billion) in the first eight months of the year, marking a 28% increase compared to the same period in 2023, according to data published by the National Bank of Romania (BNR).
More than half of this amount was directed to individuals. However, the figure includes the refinanced loans.
During this period, companies received nearly RON 50 billion (EUR 10 billion) in loans, representing around 44% of the total,...
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 […]