Economics

Following a trend set by RCS&RDS and
Telekom Romania, AKTA now wants to become an alternative provider of energy...more »

According to the Romanian National Bank,
direct foreign investment in the country amounted to approximately one billion
EUR more than in January-August of 2014....more »

A recent press release,
following a meeting between American Ambassador to Romania, Hans Klemm and
Romanian Minister of Economy, Commerce and Tourism, Mihai Tudose, emphasized the
importance of Romanian-American cooperation by publishing the relevant numbers
with regard to foreign investments....more »

Shareholders of Banca Transilvania (BT)
approved the merger with Volksbank Romania according to a recent press
release....more »

According to an October 14th Romgaz
press release, the company along with PanAtlantic and Lukoil have made an
important natural gas deposit discovery....more »

The Romanian Senate plans to make it mandatory for big businesses to make sure that 51 percent of all meat, fruit and vegetable products that are sold in their stores are in fact grown in Romania. As Agerpres reports, the legislative proposal for completing Law number 321/2009, put forth by Social Democrat Ovidiu Dontu was recently adopted by the Senate....more »

The International Monetary
Fund revised its initial estimates concerning Romania's economic growth
rate....more »

The Romanian Competition Council has fined four producer and 78 distributor companies in the lacquer and paint market following certain irregularities with respect to deals between the two sides that established product prices....more »

According
to the Statistical
data report on the 2014 postal services marketpublished
by ANCOM, 2.3 times more postal parcels were processed in Romania
last year, compared to 2013, 90% of which were processed by private
providers. The total postal traffic kept a moderately growing trend
in 2014, registering an increase by more than 10%, i.e. exceeding 600
million items. Out of these, over 95% were processed by the universal
service provider and by other ten large volume private operators...more »

Construction of reactors three and four
of the Cernavoda Nuclear Power Plant in Romania might begin in two years...more »
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