Economics
February 13, 2015 17:22
A strategic component of the National Energy System (NES), the hydropower sector is strongly affected by the burdensome taxes, such as those on special constructions, water use or the lease price for low river beds, as well as by the problems caused by an unstable legislative framework or the trading of green certificates. ...more »
February 13, 2015 17:18
Romania’s Gross Domestic Product (GDP) increased by 2.9 last year, after a 0.5 percent advance in the last quarter of the year compared to the previous three months, indicates a report released by the National Institute of Statistics (INSSE)....more »
February 11, 2015 16:26
NEPI's development pipeline, including redevelopments and extensions to secured acquisitions, has increased to 547 million euro (estimated at cost), up 42 percent compared to the previous year, 176 million euro having been spent by 2014 year-en...more »
February 10, 2015 17:39
The Bucharest Stock Exchange has reported preliminary revenues of about 26.9 million lei, up 10.6 percent compared to 2013 results, while the related profit advanced by 25.4 percent to 11.9 million, above the figure projected for 2014. The pr...more »
February 10, 2015 16:57
Raiffeisen Bank International plans to consolidate its presence in the Central and Eastern European region by expanding operations in countries, such as Romania, Austria, the Balkans, the Czech Republic, and Slovakia, stated Karl Sevelda, Managing Director of the Bank, reads Mediafax....more »
February 10, 2015 15:39
The Ministry of Transport presented the updated General Transport Master Plan (GTMP) envisaging the transport development strategy until 2030 which requires total investment of more than 48 billion euro. ...more »
February 09, 2015 14:34
Romanian goods exports came to 52.5 billion euro in 2014, up 5.8 percent year-on-year, slightly outpaced by imports which rose by 5.9 percent totaling 58.5 billion euro, according to the preliminary estimations of the National Institute of Statistics (INSSE)....more »
February 06, 2015 20:05
The European Commission has revised upwards the estimations on Romania’s GDP growth expected in 2015 from 2.4 percent to 2.7 percent, according to Winter Economic Forecast....more »
February 05, 2015 16:28
The retail turnover volume expanded by 7 percent last year, stimulated by rising sales of non-food products, food, beverages, tobacco, and fuel, according to a report of the National Institute of Statistics (INSSE) which does not take into consideration the turnover generated by the sales of cars and motorcycles. During the period under review, the retail turnover had increased successively, mainly triggered by boosting sales of non-food products (+10.6 pct). Revenu...more »
February 05, 2015 15:43
Greentek LED Lighting designed and implemented the intelligent lighting project for the office spaces in AFI Park 2, which became the first building in Romania to be exclusively equipped with such a LED lighting system....more »
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