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Romania signs joint declaration calling for the release of all hostages held by Hamas in Gaza
State leaders from Romania, Argentina, Austria, Brazil, Bulgaria, Canada, Colombia, Denmark, France, Germany, Hungary, Poland, Portugal, Serbia, Spain, Thailand, the United Kingdom, and the (...)
Apr 26, 2024
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Save the Children: 45% of births to mothers aged under 15 in the EU are from Romania
Almost half (45%) of births to mothers under the age of 15 in the European Union (EU) states come from Romania, where one in ten newborns has a teenage mother, according to a recent study by (...)
Apr 26, 2024
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Romgaz Approves RON524M Dividends from 2023 Profit
Romania’s state-owned natural gas producer Romgaz has informed the capital market about its shareholders’ decision to distribute 20% of 2023 net profit under the form of dividends.
Apr 26, 2024
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CFA Analysts Forecast 2.7% Economic Growth, 5.4% Budgetary Gap in 2024. Inflation Expected to Average 5.33%, Leu to Reach 5.0419 Units/Euro in Next 12 Months
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0419 units/Euro in the next 12 months, while the inflation rate (...)
Apr 26, 2024
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Bucharest District 1 mayor indicted for appointing herself as manager in project
The mayor of Bucharest’s District 1, Clotilde Armand, is facing serious legal implications after she was indicted. Prosecutors have accused her of self-appointing as the manager of an (...)
Apr 26, 2024
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Survey: Almost two-thirds of Romanians believe country met all criteria for full Schengen membership
Nearly two-thirds of the respondents to a recent INSCOP survey believe that Romania met all the criteria also to join the Schengen area with its land borders, but some states block the country’s (...)
Apr 26, 2024
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Raiffeisen Set to Send RON860M Worth of Dividends to Vienna, Half 2023’s Record High Profit
Raiffeisen, the Romanian subsidiary of the Austrian group of the same name, will distribute dividends worth RON860 million, namely half the record high profit of 2023.
Apr 26, 2024
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Poland’s Spyrosoft Solutions Posts RON46M Turnover, RON5.7M Profit in Romania in 2023
Spyrosoft Solutions SRL, the local subsidiary of Poland’s software engineering company, in 2023 registered RON46 million turnover, over fourfold bigger than in 2022.
Apr 26, 2024
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Kaufland Opens Unit in Nasaud, Reaches 178-Unit Network in Romania
German retailer Kaufland has opened a new unit, in Nasaud city, Bistrita-Nasaud county, thus reaching a network of 178 hypermarkets nationwide.
Apr 26, 2024
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Cristian Rusu Wants to Bring Rus Savitar Back to Growth
Cristian Rusu, the entrepreneur who bought back Casa Rusu-Rus Savitar group from the investment fund Greenbridge to which he had sold it in 2019, says that since late last October, when he (...)
Apr 26, 2024
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nPloy recruitment platform for remote work expands to offer over 1,000 openings
Central and Eastern European startup nPloy has expanded its job posting offering with remote, location-flexible jobs in the technology industry to over 1,000 remote posts provided by more than (...)
Apr 26, 2024
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Retail chains' expansion witnesses robust private consumption in Romania
In the day when the opening of Arges Mall in Pitesti (April 25) brought the third Mcdonald's and also the third KFC fast food restaurant in the city, as well as a long array of fashion outlets (...)
Apr 26, 2024
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Banca Transilvania announces EUR 200 mln dividend and capital increase
Romania’s leading financial group Banca Transilvania (BVB: TLV) announced that its shareholders endorsed the disbursement of RON 1 billion (EUR 200 million) as dividends, out of last year’s RON (...)
Apr 26, 2024
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One United Properties’ shareholders approve payment of a dividend of EUR 15.2 mln for the financial year 2023
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use and office real estate, held, on April 25th, 2024, the General Meeting of Shareholders (GMS). (...)
Apr 26, 2024
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Investments in Romanian mutual funds hit three-year record in March
Net subscriptions in Romanian mutual funds reached RON 578 million (EUR 116 million) in March, the highest value since January 2021, when inflows totaled RON 621 million, according to data from (...)
Apr 26, 2024
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JT Grup Oil gets Bucharest Exchange permit to list its shares after IPO
Romanian independent petroleum products distribution firm JT Grup Oil, controlled and managed by local entrepreneur Jean Paul Tucan, confirmed the initial public offering of 10 million new (...)
Apr 26, 2024
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Romania outperforms EU’s 2030 green transition target, report says
Romania’s greenhouse gas (GHG) emissions dropped by 56% in 2022 compared to 1990 – vs a 55% overall target set by the European Union for 2030, according to a report compiled by Alpha Bank (...)
Apr 26, 2024
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