Economics
November 20, 2014 19:35
Power Clouds, a developer of renewable energy projects, seems to be an exception if considered the two solar parks commissioned this year and that are part of a large scale project through which the company aims to create a global network of PV parks...more »
November 19, 2014 15:59
Ford Romania has announced that 680 employees, about 20 percent of the people working at the Craiova plant will leave the company due to declining demand on the European vehicle market. The car manufacturer is implementing a programme of volunt...more »
November 19, 2014 15:23
The European Bank of Reconstruction and Development has acquired a 4.99 percent stake in the Bucharest Stock Exchange (BVB) as part of its strategy to promote the development of Romania’s capital markets, trough investment, technical advice a...more »
November 18, 2014 17:38
Banca Transilvania receives additional 15 million euro funds from the European Bank for Reconstruction and Development, the amount provided through this credit line being destined to lend small and medium-sized enterprises investing in energy efficiency projects. The finance agreement was signed on November 18, 2014, announces the Cluj-headquartered bank....more »
November 17, 2014 15:59
Romania’s economy resumed its uptrend in the third quarter of 2014, according to the “flash” estimates released by the National Institute of Statistics (INSSE) which reveal a 1.9 percent growth of the Gross Domestic Product (GDP) in Q3 compared to the previous three months. ...more »
November 14, 2014 15:57
FAN Courier is the big winner of the Excellence Awards Gala for the courier sector organized by GOVNET Conferences, accounting for four of the nine awards, including the two most important categories: Company of the Year and Manager of the Year. ...more »
November 14, 2014 15:44
After seven years during which the Romanian State has provided funds of 800 million euro to the private sector under state aid schemes, the next multiannual financial framework 2014-2020 brings some important changes with respect to this form of...more »
November 12, 2014 14:47
Franklin Templeton, the manager of Fondul Proprietatea (FP), has announced its intention to sale up to 2,047,095, shares, equivalent to a 23.6 stake currently held in Conpet, a state-owned company operating in the field of crude oil transport and listed on the Bucharest Stock Exchange (BVB). ...more »
November 12, 2014 12:55
Hidroelectrica has recorded a gross profit of 943 million lei in the first ten months of 2014, a record level, after a 23.6 percent growth year-on-year, triggered by both increasing energy sales and strict control on prodction costs imposed by the reorganization plan issued by the judiciary administrator, the company announced...more »
November 11, 2014 16:32
Consumer prices increased by 0.2 percent in October 2014 compared to the previous month on higher prices in food and services fields, yet pulling down annual inflation rate from 1.54 percent in September 2014 to 1.44 percent, according to the dat...more »
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