Economy | 19 March, 2024 at 10:40 AM
Report: Local tourism fully recovered in 2023
The number of Romanian tourists staying in the country's hotels reached almost 7 million in 2023.
The number of Romanian tourists staying in the country's hotels reached almost 7 million in 2023.
The annual inflation rate dropped in February 2024 to 7.23%, from 7.41% in January.
Romania's economy has performed well in recent years, driving living standards higher and supporting convergence with OECD countries.
Over 80% of the market value is represented by the residential segment. Last year, the European market has reached €1.1 billion last year.
Noark Electric Romania announces the inauguration of their logistics center in Romania, which will serve the countries in the region.
Women in Romania earn on average 4.5% less than men, well below the European Union average of 12.7%. Still, the indicator in the private sector is way higher (8.6% on average).
In 2023, Pepco has employed more than 30,000 women in its European retail chains, with women accounting for up to 93% of the retailer's workforce in Europe.
Romania was a top beneficiary of EIB financing in 2023, with total financial commitments reaching a record high of €4.1 billion.
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.
The merger process marks the first step in a series of similar initiatives that AROBS's management plans to implement in the long term.
French and German families will benefit from sizable price reductions this year, while Romanian ones will see an increase.
VTEX has achieved the AWS Consumer Goods Competency, distinguishing itself as a provider that has demonstrated technical proficiency and proven customer success.
CTPark Bucharest South is strategically located between Bucharest's ring road and the future A0 Motorway, with direct access to the A0.
Corinthia Hotels Group, the operator of Grand Hotel du Boulevard, actively supports local art and culture through initiatives that promote artists in the local communities.