The construction materials whose prices are increasing, however, are Oriented Strand Boards (OSB), with an advance of 6%, and sandwich panels, whose price is rising by 4%.
Europe's EV sales slowing due to reductions in EV incentives, lack of affordable EV models, and consumer concerns about insufficient chargers.
Investment in production machinery and military equipment in Romania increased by 80% last year compared to the pre-pandemic period.
Four companies alone hold almost two-thirds of the world's grinding capacity, and ten companies, all in advanced economies, share more than 40% of the retail confectionery market.
IBB Holding has a solid reputation built over time through the high-quality services provided in the implementation of highly complex projects in infrastructure.
The group will offer a maximum of 174,258,721 new shares to investors. The operation starts on June 3, 2024.
Flexibility in delivery options is considered important and very important by over 90% of online stores aiming to deliver internationally.
Up by almost 27% compared to the previous year, Fragedo ranks 14th, up by one position, confirming consumers' appetite for safe and high-quality Romanian products
Romania is uniquely positioned to capitalize on the benefits of acquiring and operating the F-35 Lightning II for the upcoming decades.
New Electric Arc Furnace will deliver huge environmental and competitive advantages.
Investments mark 20 years of DP World in Romania, with the business predicting it will become an increasingly important hub for European trade.
The results are up 19% compared to 2022, when the group ended the year with a turnover of over RON 467 million.
At least 75% of world trade is conducted through indirect sales channels (partner networks) and 80% of executives consider them important for business.
Bulgaria, Romania and Serbia still have a long way to go in the deployment of charging stations required for the desired uptake of electric vehicles.
New auto registrations saw a significant recovery in 2023 as Covid-induced supply-chain disruptions eased and pent-up demand released.
This is a response to the unfavorable and unpredictable developments in the business environment.
Prysmian Romania has commenced construction of a new production line at the Slatina energy plant, following a €23 million investment.
The industrial and logistics hubs developed by Transilvania Construcții serve top industries such as building materials, automobiles, food, IT, medical, and pharmaceutical.
Romanian customers demonstrate an exceptional level of awareness regarding home security.
The new production unit will be located near Bucharest and will be inaugurated this autumn.
Storm Shadow AI is an artificial intelligence solution, the result of over 8 months of intensive research and technological development.
Simtel Team targets in 2024 at the consolidated level, operating revenues of RON 394 million, EBITDA of RON 49 million and a net profit of RON 35 million.
The modernization of the North Power Station involved the complete consolidation of the building and the replacement of electro energetic equipment.
In Europe, out of four glasses of clean water extracted and produced, one is lost on the way to the final customer and never reaches the tap.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.