Economics
Foreign Direct Investment in Romania see 23.5 pct growth in January 2015
March 16, 2015 15:45
Foreign direct investment (FDI) in Romania went up by 23.5 percent in the first month in 2015 compared to January 2014, amounting to 299 million euro according to a report released by Romania’s Central Bank....more »
Merger of Holcim and Lafarge reaches stalemate
March 16, 2015 14:25
The expected merger of world's building materials giants, Holcim and Lafarge, could fail according to the Board of Directors of the Swiss group who announced that the transaction cannot be carried out under the current terms....more »
EBRD and Romania signed Memorandum of Understanding to expand support for SMEs
March 13, 2015 15:42
The European Bank for Reconstruction and Development (EBRD) and Romania have signed a Memorandum of Understanding, pledging to expand support for small and medium-sized enterprises in the country, which is considered a key sector of the domestic economy....more »
Exports and imports, still on the rise in 2015. Trade deficit narrows
March 13, 2015 14:57
Romania’s exports increased by 6.4 percent year-on-year in January 2015, while imports had a lower growth rate of 4.1 percent, leading to a trade deficit of 176.4 million euro, 76.2 million euro smaller compared to the previous year, announc...more »
Construction work advance by more than 12 percent in January 2015
March 12, 2015 17:25
Construction work in Romania returned to growth year-on-year in January 2015, albeit it saw a decline compared to the previous month, indicates the latest report released by the National Institute of Statistics....more »
Romania moves down 22 positions in EY's Renewable Energy Country Attractiveness Index in the last four years
March 12, 2015 12:12
Romania's attractiveness in terms of investment destination for renewable energy projects is still declining according to EY’s latest Renewable energy country attractiveness index (RECAI) which ranks our country the 35th, down three positions compared to the previous report....more »
EY Romania: 64 pct of Romania's medium-sized companies expect increasing revenues in 2015
March 11, 2015 16:05
Romanian medium-sized companies are optimistic with respect to the evolution of their turnover throughout 2015, 64 percent of them anticipating higher revenues compared to last year, according to EY Romania's “New vision for growth 2015” study. In contrast, only 50 percent of the medium-sized companies in Europe expect higher turnover this year, shows EY's “European Mid-Market” Barometer....more »
Retailers in AFI Palace Cotroceni grew sales by 5 pct
March 10, 2015 16:39
Retailers accommodated by AFI Palace Cotroceni, except for Auchan hypermarket, obtained in 2014 higher sales revenues, up by 5 percent versus the previous year, although the number of visitors remained stable....more »
ArcelorMittal Galati invests 7 million euro in energy efficiency programme
March 10, 2015 13:16
ArcellorMital Galati has invested over 7 million euro to refurbish a set of turbine blowers as part of ArcelorMittal Europe’s "Energize" Project, aimed at reducing energy consumption by 15 percent over the next five years....more »
Getin Holding contributes 14 mln lei towards RIB's share capital
March 10, 2015 10:20
Romanian International Bank received in February 2015 inflows of 14 million lei (about 3 million euro) from its major shareholder, Getin Holding. At the same time, the bank's funds have been consolidated through a subordinated loan of 1.8 milli...more »
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