Economics

The feed-in tariff might range from 186 to 200 euro/MW according to the calculation method proposed by ANRE (the National
Energy Regulatory Authority) and approved by the European Commission, while the
new tax of 1.5% will apply to photovoltaic p...more »

While others sell a 20 million euro worth shopping center, for 800 euro, AFI Europe continues to improve its financial indicators, increasing the value of its most important asset – AFI Palace Cotroceni, up to 375 million euro, a press release sent to Govnet informs....more »

The Feed-in tariff might range from 186 to 200 euro per MW according to the calculation method proposed by ANRE (the National Energy Regulatory Authority) and approved by the European Commission....more »

Law firm Schoenherr provided its legal services to UNIQA Real Estate AG (member of UNIQA Group Austria), being the company’s legal adviser in the purchase of a Bucharest based office building. The developer of the project is RO Naturestein SRL and the transaction was settled last July....more »

The restrictions on pork exports imposed on Romania are going to be eventually lifted. Thus, starting January 1, 2014, Romania will be able to resume the exports to EU countries, according to the President of the National Sanitary Veterinary and Food Safety Authority (ANSVSA), Vladimir Manastireanu, Agerpres informs....more »

As expected, the first meeting of TAROM’s new Board of Directors meant the election of its president. Dante Stein, the Honorary Adviser to Prime Minister has been appointed this position, while Manuel Donescu, Secretary of State for Transport, was designated to fill the Vice President position, TAROM informs through a press release....more »

Greater attractiveness, competitiveness, these are two of the most used words in connection to Romania when it comes to investments nowadays. However, they don’t have much relevance since the foreign direct investments, the segment where these indicators could possibly materialize, suffered a significant decline this year. So, if it would be to look for the best word describing Romania from this point of view, it will probably be potential....more »

Romania’s economy registered an unanticipated improvement in Q3 over the first six months of the year. Preliminary estimations indicate a growth of 1.6% of the gross domestic product (GDP) compared with the April 1 – June 30 period, according to the statistics released earlier today by the National Institute of Statistics (INS)...more »

Romania’s national power grid company Transelectrica registers lower revenue on decline in the revenue got from the balancing market and in the amount of electricity supplied. As per the preliminary results, before audit, released by the state-owned company, the first nine months of the year brought a turnover of around RON1.68 billion, down 20% over the same period in 2012. ...more »

While in London for the official launch of Romgaz’s
GDRs (Global Depository Receipts) trading, Romania’s Prime Minister Victor Ponta took the opportunity and met possible investors interested in Romania’s
business sector. Thus, after openin...more »
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