Industry | 17 June, 2025 at 1:06 PM
Vladimir Kalinov to leave Raiffeisen Group after 30 years
Vladimir Kalinov, Vice President of Retail at Raiffeisen Bank Romania, is concluding his mandate to pursue other professional opportunities.
Vladimir Kalinov, Vice President of Retail at Raiffeisen Bank Romania, is concluding his mandate to pursue other professional opportunities.
A recent study by Raiffeisen Bank, in collaboration with global market research company Appinio, reveals that three out of four respondents are planning home renovations in 2025.
Hidroelectrica has signed a contract for €8.7 million in non-reimbursable financing from the Modernisation Fund to implement a battery storage facility at the Porțile de Fier II hydroelectric plant.
Romania's annual inflation rate will increase and remain at higher levels than previously forecast during March-June 2026, according to the minutes from the National Bank of Romania's monetary policy meeting held in early April.
The Vega Ploiești Refinery, operated by Rompetrol Rafinare, has started producing hexane with a minimum purity of 60%, supporting polypropylene production and the food industry.
Romania's job market in Q1 2026 showed a significant imbalance between supply and demand, with applications on OLX Locuri de Muncă rising 10.6% to 2.62 million whilst total job postings dropped 43.1% to 41,221 compared to the same period in 2025.
Energy producer OMV Petrom and RNV Infrastructure have announced that three wind projects in Romania, with a total installed capacity of approximately 300 MW, are entering the execution phase following the final investment decision. The projects hold the necessary permits, with production expected to begin in stages from H1 2027.