ECONOMY
Romania’s annual inflation rate slowed to 15.32% in October, from 15.88% a month earlier and slightly below market expectation of 15.4%, the National Institute of Statistics (INS) data showed.
COMPANIES
-Bucharest-listed One United Properties, the largest green investor and developer of residential, mixed-use, and office real estate in Romania, ended the first nine months of 2022 with consolidated turnover worth RON908.8 million, up 45%, and RON421 million net profit, 120% above the level of the same period of 2021.
-Agrifood conglomerate Norofert plans to invest in warehousing spaces once it completes the acquisition of the plant of Filipestii de Padure, Prahova county, where it started operating a high production capacity for soil fertilizers, Ziarul Financiar reported.
INFRASTRUCTURE
Bucharest’s General Mayor Nicusor Dan recently announced that the City Hall would conduct a feasibility study for setting up ten train stations in the capital based on a protocol signed with national railway carrier CFR. The General Council approved the protocol in its meeting on Nov. 10.