Economy | 20 March, 2024 at 6:19 PM
Analysis: Retail, main engine for economy, shows signs of failure
Without measures to support consumption, Romania risks losing its most important engine of economic growth.
Without measures to support consumption, Romania risks losing its most important engine of economic growth.
Repaco Capital has started the construction of Crevedia Retail Park that will be completed in H2 2024 near Bucharest following an investment of €15 million.
Lidl Romania continues to invest in the country and announces for the financial year 2026 (1 March 2026 – 28 February 2027) an expansion plan of over €285 million.
Restaurant technology startup Choice has secured €6.6 million in new funding and is accelerating its expansion across CEE, including Romania, where it entered in 2025.
Israeli developer Econergy Renewable Energy has secured €31 million in project financing from Kommunalkredit for its 60MW Ovidiu solar project in Romania.
Romania's Competition Council is analyzing the transaction through which Pavăl Holding, controlled by the Pavăl brothers, intends to acquire the Carrefour group in Romania.
Romania continues to record the lowest uptake of e-government services in the European Union.