Economics
November 14, 2014 15:44
After seven years during which the Romanian State has provided funds of 800 million euro to the private sector under state aid schemes, the next multiannual financial framework 2014-2020 brings some important changes with respect to this form of...more »
November 12, 2014 14:47
Franklin Templeton, the manager of Fondul Proprietatea (FP), has announced its intention to sale up to 2,047,095, shares, equivalent to a 23.6 stake currently held in Conpet, a state-owned company operating in the field of crude oil transport and listed on the Bucharest Stock Exchange (BVB). ...more »
November 12, 2014 12:55
Hidroelectrica has recorded a gross profit of 943 million lei in the first ten months of 2014, a record level, after a 23.6 percent growth year-on-year, triggered by both increasing energy sales and strict control on prodction costs imposed by the reorganization plan issued by the judiciary administrator, the company announced...more »
November 11, 2014 16:32
Consumer prices increased by 0.2 percent in October 2014 compared to the previous month on higher prices in food and services fields, yet pulling down annual inflation rate from 1.54 percent in September 2014 to 1.44 percent, according to the dat...more »
November 11, 2014 16:01
The European Commission has acknowledged the Sebes-Turda highway project as eligible for funding, the total budget required amounting to about 621.5 million euro. The budget allocated to the first phase, which has already submitted to the Commi...more »
November 10, 2014 15:17
Industrial production in Romania went up between January and September 2014 over the same period last year, increasing both as gross series, by 7.4 percent, and as series adjusted by number of working days and seasonality, by 8.5 percent, announces the National Institute of Statistics (INSSE)....more »
November 10, 2014 12:09
Both exports and imports rose between January and September 30, 2014, with exports recording a faster growth: 7.1 percent in euro-denominated currency (8.1 percent, based on lei-currency), while imports advanced by 6.6 percent (7.6 percent, respectively)....more »
November 07, 2014 14:21
The turnover in industry, including both domestic and external market, increased by 8.9 percent year-on-year in nominal terms in the first nine months of 2014, on increasing values in the manufacturing (+9 percent) and mining and quarrying (+7.6 percent) field....more »
November 06, 2014 17:18
The Bucharest Stock Exchange (BVB) has reported a profit of 9.33 million euro after the first nine months of the year, a 70.9 percent advance year-on-year, while recording an even major increase in operating profit which amounted to 8.83 million euro, 145.3 percent above last year’s level....more »
November 06, 2014 14:08
The Competition Council has approved the takeover of Promenada Mall by NEPI from Raiffeisen Evolution, the transaction worth 148 million euro being the largest ever recorded in Bucharest involving a single property....more »
Govnet Next Events