Economics

The volume of car sales grew in the
first half of 2015 by almost 18 percent, announced the Car Producers
and Importers Association APIA.
Total sales reached 55,440 units,
with the majority of the buyers being companies and other jurid...more »

Three Romanian projects for gas supplies have been declared priority in the second high-level ministerial meeting in the East South Central Europe Gas Connectivity
held in the city Dubrovnik, Croatia, on 9-10 July informs the Ministry of Energy. The...more »

Consumption bounced back after the VAT on agri-foods was cut to 9 percent, as statistics by national and international institutions consistently show a drop in prices says Minister of Agriculture and Rural Development Daniel Constantin. ...more »

Dentons advised the oil and gas company Petroceltic on the
purchase of equity in two Black Sea exploration blocks (40% in EX-27
Muridava Block previously held by a subsidiary of Sterling Resources
and 30% in the EX-28 Est Cobalcescu Block previously held by a
subsidiary of Beach Energy), in the Romanian sector of the Black Sea.
...more »

The level of developments in the office real estate segment reached all
time high levels throughout 2014, according to the regional cities
office market study released by DTZ Echinox. According to the data
released by the firm, the office market o...more »

The National Institute for Statistics announced that an increase in the production volume is expected by the managers in the processing industry, while construction, retail trade and services anticipate growths in their respective activities. &n...more »

The AGRI gas project, as a direct energy transport road from the Caspian Sea right to EU's Franco-German industrial core, between Energy producer Azerbaidjan, Georgia and Romania, is seen as a viable project. The feasibility study for AGRI project, that aims to transport gas from the Caspian region, on the territory of Azerbaijan and Georgia, crossing the Black Sea by vessels and involving the construction of two liquefaction terminals (on the Georgian Black Sea coast) and regasification (on the Romanian Black Sea coast ) was presented in an Inter-ministerial meeting that took place on June 22 in Bucharest. ...more »

Freight traffic registered through the
three Romanian maritime ports is up 20 percent from January through
May to more than 23 million tonnes.
The Maritime Ports Administration
National Company of Constanta informed in a release that the ma...more »

Bucharest City Hall has borrowed 2.2 billion RON through a bond issue listed on the Bucharest Stock Exchange in the largest bond issue ever in Romania started by a municipality....more »

VentureConnect, the leading pitching and networking event in Romania, organized by Govnet Conferences together with BirisGoran Law firm hosted the 11th edition on June 3 in ASE’s Aula Magna, Bucharest. For the first time in Romania, VentureConnect welcomed for its pitching session Tina Baker, co-founder of JAG Shaw Baker and member of the Seedcamp Advisory Board. ...more »
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