Economics
April 07, 2017 15:14
The establishment of some public procurement central units could annually generate savings of over 1.8 billion euro to the state budget, which represents 10 pct of all public procurement conducted each year in Romania, is the conclusion of a diagnosis-study on resources' waste in the absence of national coordination, presented by experts of the Institute for Public Policy.
...more »
April 07, 2017 15:05
Hourly labour costs ranged from 4.4 euros to 42.0 euros across the EU member states in 2016, having been the lowest in Bulgaria and Romania - 4.4 euros and 5.5 euros, respectively - and the highest in Denmark and Belgium - 42.0 euros and 39.2 euros, respectively - according to date released on Thursday by the Eurostat statistics office of the EU.
Developments in hourly labour costs in Romania has been inconsistent, from 1.9 euros in 2014, to 4.2 euros in 2008 and 4.1 euros in 2012, going up to 4.6 euros in 2014, to 4.9 euros in 2015 and to 5.5 euros in 2016. Throughout these years, Romania and Bulgaria kept recording the lowest such costs in the EU....more »
March 31, 2017 16:09
The main amendments brought by EGO will
be the elimination of validity period of
only 12 months for the green certificates. Basically, these will be
valid for the entire period of the support scheme operation, until
2032.
The mandatory qu...more »
March 31, 2017 09:43
The liberalization of Romania's domestic gas market will come into effect on April 1, according to the Government's Emergency Ordinance No. 64/2016, as there are no technical arguments for the move to be postponed once again, declares the Energy Ministry in a press release. According to the release, following the parliamentary debate on the gas market liberalization beginning April 1, 2017 as per OUG No. 64/2016, but also following the note of the Lower House Committee on Services and Industries regarding the postponement of the liberalization's coming in force, the Energy Ministry had several discussions with the Government, Parliament and the European Commission....more »
March 30, 2017 15:16
UniCredit Leasing, the leading player
in the leasing market in Romania,, announces its entry into
motorsport by supporting UniCredit Leasing Rally team, consisting of
Adrian Teslovan (pilot) Cseh Vajk Imre (copilot) and Mihai Leu
(Technical...more »
March 21, 2017 15:13
All the measures related to the conduct of farm investment in 2017 included in the 2014-2020 National Rural Development Programme will be released starting this month, with the related financial allocations standing at nearly two billion euros, according to the Ministry of Agriculture and Rural Development (MADR) released on Monday. Several proposals to amend selection criteria related to agricultural sub-measures were unveiled last week at the first meeting of the Monitoring Committee of the 2014-2020 National Rural Development Programme, related to year 2017, presided over by senior official Alexandru Potor....more »
March 21, 2017 15:12
The
unemployment rate recorded in the National Employment Agency (ANOFM)
records was 4.80 percent in January 2017, higher by 0.03 percentage
points compared to the one of the previous month and lower by 0.01
percentage points compared to the one ...more »
March 14, 2017 11:17
The industry turnover increased by 9.1 pct, in nominal terms, in January as compared to the same month of the previous year, but decreased by 5.6 pct compared with December 2016, reads a press release of the National Statistics Institute (INS) and quoted by Agepress. "The industry turnover fell by 5.6 pct in January 2017 compared to the previous month, following the drops in the manufacturing industry (-5.7 pct) and the mining industry (-3.3 pct). The following decreases were recorded in the large industrial groups: the consumer goods industry (-16.0 pct), the energy industry (-14.1 pct), the intermediary goods industry (-3.5 pct) and the durable goods industry (-1.6 pct). The capital goods industry has grown by 1.1 pct, reads the document....more »
March 09, 2017 14:55
Romanians in 2016 built 52,206 housing units, up 5,222 from 2015, most of which were recorded in the North-West development region, according to data released by the National Statistics Institute (INS). Compared with 2015, the highest percentage of the new housing units in 2016 was recorded in the urban areas (53.4 percent) while new such units in the countryside declined 46.6 percent. ...more »
March 09, 2017 14:53
Net investment carried out last year in Romania's national economy stood at 70.281 billion lei, declining 3.3 percent from 2015, according to data released on Wednesday by the National Institute of Statistics (INS). In Q4 2016, net investment in the national economy totalled 23.804 billion lei, by 14.9 percent lower than in the same quarter of 2015....more »
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