Economics

Dentons Bucharest office has advised the International
Investment Bank in connection with a new
project in Romania. The project envisaged a €15
million loan granted to the manufacturer of electrical wirings -
Romcab Targu-Mureș.The credit facility
will be used for financing the company’s work activities,
especially the acquisition of raw materials....more »

National Bank of Romania' s Chief
Economist, Valentin Lazea purportedly noted that the country's
macroeconomic situation is a good one and this particular stability
needs to be maintained....more »

Medical services operators in Romania
have been talking about the possibility of expanding their businesses
to neighboring countries.
As the Ziarul Financiar publication
notes, Mihai Marcu, the president of the Administration Council at
Medlife is planning a transaction in this regard quite soon....more »

According to Eurostat, the statistical office of the European Union, the three countries have the highest economic growth rates in the EU in the second quarter of 2015, compared with the similar period of 2014. All the EU member states reported Gros...more »

The two units at the Cernavoda
nuclear-power plant put out 6.566 million MWh worth of electricity in
the first seven months of 2015, 6.043 million MWH of which were fed
into the national electricity grid of Romania, according to data
posted on th...more »

Three Chinese consortiums have
qualified to continue the discussions on starting the project of the
hydroelectric power plant in Tarniţa, Cluj County.
The list of pre-qualified investors,
after considering the pre-qualification documents c...more »

The Tax Code as approved by the
Romanian Parliament would generate an increase of the budget deficit
to 3pct of the Gross Domestic Product (GDP); it would endanger the
economic achievements obtained by Romania in the past years and cause
a return...more »

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 »
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