Economy | 27 August, 2024 at 9:44 AM
WDP: Companies increasingly favour nearshoring over offshoring
Nearshoring has gained considerable popularity in recent years as a replacement for traditional offshoring/outsourcing practices.
Nearshoring has gained considerable popularity in recent years as a replacement for traditional offshoring/outsourcing practices.
The three acquired entities own a portfolio of assets comprising three warehouse projects of 136,374 sqm and a large plot of land in Constanta.
DS Smith, the producer of packaging solutions, is investing over €14 million in its Romanian production infrastructure.
Romania recorded the most significant increase in industrial electricity costs across the EU during H2 2025, according to data released by Eurostat.
The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.
New car registrations in Romania increased by 2.7% in April compared to the same period in 2025, while electrified vehicles reported a 26% increase and a 68% market share, according to preliminary data from the Association of Car Producers and Importers (APIA).
Romania's trade deficit fell 9.3% to €7.7 billion in the first three months of 2026, down €792.1 million compared to the same period in 2025, according to data published by the National Institute of Statistics (INS).