Economics

Dacia maintained the upward trend in new car registrations in December 2013, when the results reported by the ACEA were even better than in November 2013, when it registered the highest increase in sales among the EU countries. According to the data released by the European Automobile Manufacturers’ Association (ACEA), Dacia’s sales saw a huge improvement last month over December 2012, going up almost 50 percent, thus leading to an overall growth of 23.3 percent within 2013....more »

Antibiotice Iasi expands its export business this year when will start delivering new products in Russia and France, part of the development plan focused on consolidating the export component. Besides, the medicine producer, owned by the Romanian Ministry of Health will approach new markets, such as the former Yugoslavia and Central Asia regions, thus estimating a considerable increase, over 10 percent, in its exports in 2014, as per the report the company released this morning....more »

The Austrian group EGGER has finalized the largest biomass power plant in Romania at its plant in Radauti, Suceava County. The facility has an installed capacity of 83 MW and was supported by an investment worth 35 million euro from the group’s own funds. By developing this project, EGGER aims at transforming the Radauti facility into an integrated production site, at the same time reducing the consumption of fossil fuel and securing its competitiveness and long-term viability....more »

There is an interest from behalf of Austrian companies in investing in Romania, especially in the energy sector, as well as in the transport infrastructure field, according to Michael Schwarzinger, the Austrian Ambassador to Romania, who commented on this subject while attending Romanian Business Breakfast...more »

Commercial real estate volume in Central and Eastern Europe exceeded 10 million euro in 2013, resulting in an increase by some 31 percent over 2012, hence, the last year becoming the second strongest one since 2008, according to the latest data released by the global property advisor CBRE Group....more »

The Romanian Association of International Medicines Producers appointed Calin Galaseanu as president, after being elected by the association’s General Assembly which met on January 9....more »

Romania’s Ministry of Health plans to prohibit for six months the parallel exports of drugs on the new list of compensated medicines in order for patients to benefit from their treatments in due time, a ministry’s press release informs. The announcement was made during a meeting between the Minister of Health, Eugen Nicolaescu, the Secretary of State, Adrian Pana, the President of CNAS (the National House of Health Insurance), Cristian Busoi, and the Director of ANMDM (the National Agency of Medicines and Medical Devices) on one side and representatives of the pharmaceutical industry, on the other side, meeting which was held on Saturday, January 11. ...more »

The General Meeting of Shareholders of CFR, Romania’s National Railway Company, controlled by the Ministry of Transport, decided last Friday to dismiss all the members of the Board of Directors due to their mismanagement which affected the company’s financial situation...more »

Chinese-based company Unisun Energy completed three solar power units in Brasov and Cluj counties, in Transilvania region. The plants which have a total installed capacity of 19.59 MW are estimated to generate yearly up to 8 million euro profit resulting from green certificates trading and energy sales, according to the company. Unisun also announced that all three PV plants have already been connected to the power grid.
...more »

Mazda reported a significant improvement in its car sales in Romania which increased by 38 percent in 2013 over the previous year, is announced through a press release. The Italian automobile manufacturer sold 602 units within last year, being one of the best performing players on the domestic market in terms of import cars sales....more »
Previous
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
Next