Economics

Gas suppliers could stop providing to households on the winter if the National Regulatory Authority for Energy (ANRE) does not recognize the costs of acquiring gas on the gas exchange, said Niculae Havrileţ, president of ANRE....more »

The first section of the
Comarnic - Braşov highway, between Rasnov and Cristian, will be executed by
Alpenside - Specialist Consulting Association, based on a contract signed on 2
of October, worth 118 million lei....more »

Garanti Leasing, part of the financial group Garanti Romania, has signed a loan agreement of 10 million euros with the European Bank for Reconstruction and Development (EBRD), aiming to broaden access to finance for local micro, small- and medium-sized enterprises (MSMEs)....more »

The Bucharest Stock Exchange is still on the waiting list for receiving the emerging market status, as a result of the annual ranking by the London-based FTSE Russell financial assessment agency. Thus, although it had a sequence of listings - MedLife, Digi Communications and AAGES Targu Mures - the BVB remains a border market due to the reduced liquidity...more »

With over 150,000 people and a contribution to exports of 47% in 2016, the automotive industry is one of the main pillars of the Romanian economy, with a total turnover exceeding 20 billion euros....more »

Constanta is the first city in the world to work directly with the World Bank, usually this institution assisting countries. With a duration of 36 months and a value of 900,000 euros, the new agreement will increase the appetite for investment in this city, according to Mayor Decebal Făgădău....more »

ROFMA – The Romanian Facility Management Association – is organizing ROFMEX – Romanian Facility Management Experience Days on 9-11 November, at Romexpo Exhibition Center, Bucharest....more »

The North American company Air Canada will operate direct flights at Henri Coanda Airport in Bucharest starting 2018, connecting Romania to the main Canadian airports: Montreal and Toronto....more »

The number of construction authorizations issued for residential buildings increased by 6.2% in the first eight months of 2017 compared to the same period of the previous year, to 27,605.Most of the authorizations are in the North-East region (+683), according to the National Institute of Statistics (INS).
In the period mentioned, the growth of the number of construction authorization was reflected in the development regions: North-East (+683 permits), Bucharest-Ilfov (+680), Center (+292), South-East (+177) West Oltenia (+120) and West (28)....more »

PeliFilip assisted the International Investment Bank (IIB) regarding its first EUR 60,000,000 bond issue and its third issue of RON-denominated bonds worth RON 300,000,000 at Bucharest Stock Exchange (BVB), the law firm announced on Thursday.
The transaction represents a premiere for the Romanian stock market.
...more »
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