Economics
August 11, 2015 13:12
Three Chinese consortiums have qualified to continue the discussions on starting the project of the hydroelectric power plant in Tarniţa, Cluj County.  The list of pre-qualified investors, after considering the pre-qualification documents c...more »
August 06, 2015 05:09
The Tax Code as approved by the Romanian Parliament would generate an increase of the budget deficit to 3pct of the Gross Domestic Product (GDP); it would endanger the economic achievements obtained by Romania in the past years and cause a return...more »
July 14, 2015 23:34
The volume of car sales grew in the first half of 2015 by almost 18 percent, announced the Car Producers and Importers Association APIA.   Total sales reached 55,440 units, with the majority of the buyers being companies and other jurid...more »
July 10, 2015 13:40
Three Romanian projects for gas supplies have been declared priority in the second high-level ministerial meeting in the East South Central Europe Gas Connectivity held in the city Dubrovnik, Croatia, on 9-10 July informs the Ministry of Energy. The...more »
July 09, 2015 16:30
Consumption bounced back after the VAT on agri-foods was cut to 9 percent, as statistics by national and international institutions consistently show a drop in prices says Minister of Agriculture and Rural Development Daniel Constantin. ...more »
June 30, 2015 13:05
Dentons advised the oil and gas company Petroceltic on the purchase of equity in two Black Sea exploration blocks (40% in EX-27 Muridava Block previously held by a subsidiary of Sterling Resources and 30% in the EX-28 Est Cobalcescu Block previously held by a subsidiary of Beach Energy), in the Romanian sector of the Black Sea. ...more »
June 29, 2015 16:17
The level of developments in the office real estate segment reached all time high levels throughout 2014, according to the regional cities office market study released by DTZ Echinox. According to the data released by the firm, the office market o...more »
June 29, 2015 15:53
The National Institute for Statistics announced that an increase in the production volume is expected by the managers in the processing industry, while construction, retail trade and services anticipate growths in their respective activities. &n...more »
June 24, 2015 23:19
The AGRI gas project, as a direct energy transport road from the Caspian Sea right to EU's Franco-German industrial core, between Energy producer Azerbaidjan, Georgia and Romania, is seen as a viable project. The feasibility study for AGRI project, that aims to transport gas from the Caspian region, on the territory of Azerbaijan and Georgia, crossing the Black Sea by vessels and involving the construction of two liquefaction terminals (on the Georgian Black Sea coast) and regasification (on the Romanian Black Sea coast ) was presented in an Inter-ministerial meeting that took place on June 22 in Bucharest. ...more »
June 16, 2015 06:53
Freight traffic registered through the three Romanian maritime ports is up 20 percent from January through May to more than 23 million tonnes.  The Maritime Ports Administration National Company of Constanta informed in a release that the ma...more »
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