Economics
December 08, 2014 18:05
The Department for Energy has presented the new National Energy Strategy (NES) which foresees investments worth approximately 100 billion euro sector for the next framework 2015-2030 when shall be carried out....more »
December 08, 2014 14:26
The acquisition campaign run by the investment fund established and controlled by Greek businessman Ioannis Papalekas continues with a new property added to the domestic portfolio: Nusco Tower, office building for which Globalworth will pay 46 million euro, reads a company release....more »
December 05, 2014 14:17
Globalworth, the real estate investment fund controlled by Ioannis Papalekas announces the signing of a 10-year lease contract with Elster Rometrics in Timisoara Airport Park (TAP), an industrial park developed in western Romania, the company’s sole project located outside Bucharest....more »
December 05, 2014 12:38
The largest public offer of Fondul Proprietatea’s fourth buy-back programme launched on November 3 ended on December 2, 2014, being very attractive to investors who subscribed for 13.47 times more shares than offered – 750,000,000, representing 6 percent the fund’s share capital. Hence, the total number of shares subscribed in the offer was 10.109 billion shares, while the total number of FP shares comes to 12.437 billion....more »
December 04, 2014 15:18
Romania increases to seven the number of companies listed in Deloitte’s 2014 Technology Fast 500 for Europe, Middle East and Africa (EMEA) hierarchy, thus improving last year’s performance when five companies entered the ranking....more »
December 04, 2014 14:30
Romania continues to be one of the main grain import sources for the Egyptian government that purchased additional 120,000 tonnes of wheat in a tender held on December 3, 2014, paying about 32.4 million dollar....more »
December 04, 2014 12:50
The domestic economy has seen declining investments in the three quarters ended September 30, 2014 as  compared to the corresponding period last year, the latest report released by the National Institute of Statistics (INSSE) indicating a decrease by 5.9 percent. ...more »
December 03, 2014 15:34
The US information technology research and advisory company Gartner has placed Deloitte in a leadership position in its Magic Quadrant for Global Risk Management Consulting Services, based on ability to execute and completeness of vision, criteria which ranked Deloitte member firms’ risk management consulting servicesas the most advanced....more »
December 03, 2014 14:30
Romania’s Gross Domestic Product (GDP) increased by 3.1 percent within the first nine months of the year, based on the seasonally adjusted series and by 2.8 percent for unadjusted series, while in Q3 2014 the economy advanced by 1.8 percent over the previous quarter, and by 3 percent, respectively as compared to the same period last year, indicates a report released by the National Institute of Statistics (INSSE)....more »
December 03, 2014 12:15
Alpha Bank has acquired the insolvent residential compound developed by Indian group Asmita and British investment fund Convergence Development Limited on account of a debt of around 40 million euro. In 2006, the bank provided an 80 million euro loan for the real estate project which required initial investment of about 120 million euro....more »
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