As of April 2020, Romania has been in the excessive deficit procedure (EDP), as a result of exceeding, in 2019, the 3% budget deficit limit set in the Stability and Growth Pact (SGP).
The German family-owned STIHL Group has officially inaugurated its first production site dedicated exclusively to battery technology in Oradea, Romania, representing a strategic investment of €125 million.
Cushman & Wakefield Echinox has announced the appointment of Gabriel Vințe as Business Development Manager within its Project & Development Services (PDS) department.
Cris-Tim Family Holding, a leader in the Romanian cold cuts and ready-meals markets, has announced its initial public offering (IPO), with a goal of listing on the BVB.
Endava, the technology-driven business transformation group, has signed a Framework Agreement with the Authority for Digitalisation of Romania (ADR).
SolarToday Eastern Europe, a provider of energy storage solutions, has successfully commissioned a 10.32 MWh utility-scale battery energy storage system (BESS).