Economy | 5 March, 2024 at 9:47 AM
BMW Group and NTT DATA Romania sign Joint Venture contract
The BMW Group and NTT DATA Romania have signed an agreement to establish a Joint Venture (JV) in Romania.
The BMW Group and NTT DATA Romania have signed an agreement to establish a Joint Venture (JV) in Romania.
The Public Country-by-Country Reporting Directive (Public CbCR) was published in the Official Journal of the European Union (EU) on 1st December, 2021.
Bulgaria, Croatia, Greece, Romania, Serbia and Slovenia already comply with the EU's 2030 target for 15% grid interconnection compared to installed power.
Romanians are preparing for a holiday season with higher budgets compared to last year. According to a study by Raiffeisen Bank in partnership with Appinio, 65% of respondents expect higher Christmas spending in 2025, while approximately one in four Romanians (26%) estimate similar costs to 2024.
Romanian businesses continue to face financial difficulties, with insolvency cases reaching 985 in November 2025.
The three-month ROBOR index, used to calculate the cost of consumer loans in lei with variable interest rates, fell to 6.21% per annum on Wednesday.
Industrial production prices (domestic and external markets) increased by 8% in October 2025 compared to the same period in 2024, according to data published by Romania's National Institute of Statistics (INS).
Fepra has inaugurated new PET and glass recycling units in Brad, marking a significant step for the municipality and Romania's recycling infrastructure.