Economics
September 29, 2017 15:58
The North American company Air Canada  will operate direct flights at Henri Coanda Airport in Bucharest starting 2018, connecting Romania to the main Canadian airports: Montreal and Toronto....more »
September 29, 2017 15:45
The number of construction authorizations issued for residential buildings increased by 6.2% in the first eight months of 2017 compared to the same period of the previous year, to 27,605.Most of the authorizations are in the North-East region (+683), according to the National Institute of Statistics (INS). In the period mentioned, the growth of the number of construction authorization was reflected in the development regions: North-East (+683 permits), Bucharest-Ilfov (+680), Center (+292), South-East (+177) West Oltenia (+120) and West (28)....more »
September 28, 2017 17:09
PeliFilip assisted the International Investment Bank (IIB) regarding its first EUR 60,000,000 bond issue and its third issue of RON-denominated bonds worth RON 300,000,000 at Bucharest Stock Exchange (BVB), the law firm announced on Thursday. The transaction represents a premiere for the Romanian stock market. ...more »
September 28, 2017 17:05
The Vice-President of the European Commission Maros Sefcovic, currently on an official visit to Romania, said, at the Aspen energy summit, that Romania is rich in natural resources and that it can develop rapidly in terms of renewable energies. Also, Sefcovic hopes that Romania will become energy exporter. ...more »
September 20, 2017 11:00
The Government announced the National Budget amendment and approx. EUR 140 mil. (RON 638 mil) were allocated for State Aid for financing investment projects, which is the maximum amount possible for 2017. In this context, the next phase should be that the Romanian authorities announce the opening of the window for applications very soon....more »
September 07, 2017 10:26
The total trading value of equities exceeded EUR 1.5 billion on Bucharest Stock Exchange (BVB) by the end of August, up by 35% as compared to the first eight months of the previous year. The Investors bought and sold shares worth EUR 180 million last month, which is 27% over the value posted in July 2017. As compared to August last year, the total trading value of equities surged by 85 percent....more »
August 31, 2017 15:46
The administrative and bureaucratic burden of honest taxpayers with measures as a split VAT payment is not, in the long run, a good strategy to combat tax evasion states the Foreign Investors Council ( FIC) in a press release. ...more »
August 31, 2017 15:22
Prime Minister Mihai Tudose met with a delegation of Lockheed Martin, American aerospace security company, specialized in the research, design, development, manufacture, integration and support of advanced technology systems at global level....more »
August 23, 2017 15:45
Globalworth Real Estate Investments Ltd. announces the completion of the acquisition of the C building of the Green Court Bucharest office complex, developed by Skanska Romania. The transaction was made by acquiring 100% of the shares of the Epsilon Property Development Company S.R.L., the company that owned the asset, and has a value of approximately EUR 38 million, an amount paid to Skanska Romania....more »
July 24, 2017 06:19
The listing of Digi Communications and AAGES places Romania second in Central and Eastern Europe (CEE) by the number of initial public offerings (IPO) after the Warsaw capital market, the Bucharest Stock Exchange (BVB) said in a release.  "The Bucharest Stock Exchange is second in the Central and Eastern European capital market where initial public offerings (IPO) have been successfully concluded in the second quarter of this year, for a cumulative amount of over 208 million euro, according to BVB. ...more »
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