News Romania Financial: Sun Pharma acquires Uractiv portfolio from Fiterman Pharma in Romania
The company's unit - SC Terapia SA, Romania - has acquired the Uractiv portfolio, which comprises food supplements, including minerals, vitamins and adjuvants; cosmetics and medical devices used for maintaining urinary tract health.
News Romania Financial: Romania raises benchmark rate to 3.75% as inflation outlook worsens
Romania's central bank raised interest rates by more than expected on Tuesday and said it expected supply-side shocks amplified by the war in Ukraine to keep inflation into double digits until the second half of 2023.
News Romania Financial: Romania's central bank boosts key interest rate to 3.75%
Romania's central bank lifted its benchmark interest rate by a more than expected 75 basis points to 3.75% on Tuesday and warned inflation would remain in double digits until the second half of 2023.
News Romania Financial: EBRD chooses Cluj-Napoca for its second office in Romania
The European Bank for Reconstruction and Development (EBRD) opened a second office in Romania, in Cluj-Napoca, becoming the first international financial institution to open a regional office in the ...
News Romania Financial: EBRD becomes first international financial institution to open office in Cluj-Napoca
Money - The European Bank for Reconstruction and Development (EBRD) is expanding its presence in Romania by opening a new office in Cluj-Napoca, the country’s ...
News Romania Financial: Romania’s CFA Society survey reveals more pessimistic expectations at end-April
Romanian CFA financial analysts estimate 2.3% GDP growth this year, a downward revision of the forecast from 3% in March, and 8.4% inflation over the coming 12 months, according to the monthly survey ...
News Romania Financial: Alpha Bank Romania financial results for the first quarter of 2022
Banking - The first quarter of 2022 was full of challenges, determined by both domestic and international developments, which impacted Romania's economic growth.
News Romania Financial: Thoughtworks Romania: Female and gender minorities employees will reach 40% of the total in the coming years
Thoughtworks, a global technology consulting company that integrates strategy, design and engineering to stimulate digital innovation, aims to increase ...
News Romania Financial: Romania unveils €3.4bn social and economic aid package
The package of social and economic measures dubbed “Support for Romania”, estimated to cost the government RON17.3bn (€3.4bn), will enter force ...
News Romania Financial: Romania's finance minister hopes for foreign investments relocated from Russia, Ukraine and Belarus
Romania's finance minister Adrian Câciu and prime minister Nicolae Ciuca discussed on Thursday, April 14, with the delegation of the World Bank Group in Romania, led by President David R. Malpass, ...
News Romania Financial: Romania enacts Financial Literacy Day to increase financial education
Romania will have a Financial Literacy Day, which will be celebrated on April 11, after President Iohannis enacted a law in this ...
News Romania Financial: Primark to launch in Romania as it pursues CEE expansion
International fashion retailer Primark is preparing to enter the Romanian market this year, as it continues with its expansion in the Central and ...
News Romania Financial: FOCUS-UiPath's success fires up Romania's unicorn dreams
UiPath, Romania’s first unicorn, now valued at nearly $20 bln * Its success inspires entrepreneurs in Romania * Several ex-UiPath executives putting money into new start-ups * ...
News Romania Financial: Romania still has to absorb EUR 13.6 bln under 2014-2020 EU budget
Romania has absorbed only 59% (EUR 19.8 bln) of the EUR 33.2 bln allocated by the European Union under the Multiannual Financial Framework 2014-2020. The country has only two years left, until the end ...