Economics
November 09, 2017 13:55
“The much discussed and debated ordinance that contains amendments to the Tax Code included in the governance program, meaning long time known changes approved by Parliament, brings important benefits to citizens and companies that operate in Romania" says Finance Minister Ionut Misa, but it seems that not everyone agrees to the proposed measures.
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November 02, 2017 10:50
The Competition Council is willing to accept the exemption of renewable energy and Black Sea gas producers from the stock exchange trading rule said Bogdan Chiriţoiu, the president of the institution in the Energy Transition conference in Bucharest.
"The problem that we have in Romania is that the large electricity producers are state-owned and large state-owned companies are suspect of corruption, hence the ban that these companies can make long-term bilateral contracts because we are afraid of what they would do, what would happen to these contracts if we let the big state producers complete them," Chiriţoiu said.
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October 30, 2017 15:52
The European Investment Bank (EIB) is lending EUR 50m to Transgaz, the national gas transmission company of Romania, to finance the construction of a new European gas transmission corridor to increase security of gas supply and to reduce energy dependence by making it possible to diversify gas supply routes and sources. This operation is backed by the European Fund for Strategic Investments (EFSI) under the Investment Plan for Europe (IPE) announced the EIB.
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October 27, 2017 16:08
The retail market in Romania is taking full advantage of the increase in consumption, but this trend will probably not last long, representatives of the shopping centers think. They are already talking about the transformation of the retail mix by accentuating the areas that are not strictly shopping-related....more »
October 25, 2017 16:15
The European Commission estimates that Romania ended the second quarter of 2017 with a 4.1% deficit, the highest in the European Union, according to data adjusted with seasonal variations, published by Eurostat. ...more »
October 25, 2017 15:10
Salaries in the Romanian private sector rose 5% on average, and bonuses offered by employers rose 12% between January and September 2017, compared to the same period in 2016, according to the Smartree Workforce Index. ...more »
October 24, 2017 11:29
The office space market in Bucharest is very active this year, both in terms of new project deliveries and transaction volumes, but also in terms of rebalancing the city from the perspective of interest areas for development. Govnet.ro analyzed, with the help of real estate consultants, the main trends of this market, from the new development poles for the big office assemblies to the the new wave of downtown boutiques-office buildings and the tenants' profile....more »
October 20, 2017 15:42
The revitalization of two of the major companies in which the state is a shareholder, the Oltenia Power Complex and the Hunedoara Energy Complex, as well as the completion of an investment of 23.5 million lei in the CE Oltenia, are among the objectives accomplished by the current Cabinet in the field of energy....more »
October 19, 2017 17:26
ING Bank, one of the biggest providers of financial services in Romania, will consolidate its headquarters and business operations in a 20,000 m2 office building in Blue Rose Office Park, Portland Trust’s newest project in Romania....more »
October 19, 2017 17:10
Logicor, one of the most important owners and operators of logistics properties, has completed the development of a new logistics warehouse of 40,000 sqm in Bucharest. ...more »
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