Economy | 27 March, 2024 at 3:12 PM
Europe's Experience Economy set to spring forward
Prioritising Moments That Matter: Nine in ten people set to spend the same or more on experiences in 2024 vs 2023.
Prioritising Moments That Matter: Nine in ten people set to spend the same or more on experiences in 2024 vs 2023.
Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.
Siemens is set to bolster its presence in Romania with the development of a fully digitalised, carbon-neutral production facility in Sibiu.
Siemens Mobility has been selected by Romania's Railway Reform Authority to deliver 12 hydrogen-powered electric multiple units based on the Mireo Plus H platform. The contract marks Romania's first hydrogen train project and one of the first in CEE.
Premier Energy has begun construction of its 200 MW/400 MWh Battery Energy Storage System (BESS) project near Iași, Romania. The total development and construction cost is estimated at €75 million.
Romania's consolidated general budget recorded a deficit of €4.2 billion in the first quarter of 2026, representing 1.03% of GDP, compared to a deficit of €8.7 billion (2.28% of GDP) in the same period of 2025 over revenue growth and expenditure control.