Economics

Estimated
at about half a billion euros in 2013, the private medical services market has
continued its development this year, though less accelerated, marked by
significant investments among the major players that have carried on with their
exp...more »

Prime Minister Victor Ponta has announced that the Government has reached an agreement with the representatives of the International Monetary Fund and the European Commission on the 2015 budget which provides a deficit of 1.83 percent of the gross domestic product. The draft budget will be finalized in the coming days and it shall be approved by the Government in an extraordinary meeting on Friday, December 12. Subsequently, it will be sent to the Parliament....more »

The Department for Energy has presented the new National Energy Strategy (NES) which foresees investments worth approximately 100 billion euro sector for the next framework 2015-2030 when shall be carried out....more »

The acquisition campaign run by the investment fund established and controlled by Greek businessman Ioannis Papalekas continues with a new property added to the domestic portfolio: Nusco Tower, office building for which Globalworth will pay 46 million euro, reads a company release....more »

Globalworth, the real estate investment fund controlled by Ioannis Papalekas announces the signing of a 10-year lease contract with Elster Rometrics in Timisoara Airport Park (TAP), an industrial park developed in western Romania, the company’s sole project located outside Bucharest....more »

The largest public offer of Fondul Proprietatea’s fourth buy-back programme launched on November 3 ended on December 2, 2014, being very attractive to investors who subscribed for 13.47 times more shares than offered – 750,000,000, representing 6 percent the fund’s share capital. Hence, the total number of shares subscribed in the offer was 10.109 billion shares, while the total number of FP shares comes to 12.437 billion....more »

Romania increases to seven the number of companies listed in Deloitte’s 2014 Technology Fast 500 for Europe, Middle East and Africa (EMEA) hierarchy, thus improving last year’s performance when five companies entered the ranking....more »

Romania continues to be one of the main grain import sources for the Egyptian government that purchased additional 120,000 tonnes of wheat in a tender held on December 3, 2014, paying about 32.4 million dollar....more »

The domestic economy has seen declining investments in the three quarters ended September 30, 2014 as compared to the corresponding period last year, the latest report released by the National Institute of Statistics (INSSE) indicating a decrease by 5.9 percent. ...more »

The US information technology research and advisory company Gartner has placed Deloitte in a leadership position in its Magic Quadrant for Global Risk Management Consulting Services, based on ability to execute and completeness of vision, criteria which ranked Deloitte member firms’ risk management consulting servicesas the most advanced....more »
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