Economics
October 19, 2017 14:34
British company DS Smith, a maker of corrugated packaging, recycled paper and plastic packaging, will acquire family-owned Romanian packaging and paper makers EcoPack and EcoPaper for 208 million euros....more »
October 18, 2017 16:22
After almost 20 years of experience in the diagnosis and treatment of patients with breast disorders, Dr. Gabriel Cristian Viişoreanu launched the Breast Institute - an integrated medical center specialized in the diagnosis and surgical treatment of breast disorders....more »
October 18, 2017 14:45
The VAT split payment system is an absolute novelty for Romanian fiscal practice and, as expected in this early period, there are still things to improve, according to EY, one of the largest consulting companies in Romania, which after two weeks of optional application of this system, identified the first basic issues. ...more »
October 17, 2017 14:36
The liberalization of the electricity and natural gas markets is an important contribution to Romania's convergence process towards the Euro Zone, in order to avoid consumer shocks, said Emil Calota, the vice-president of the National Regulatory Au...more »
October 17, 2017 13:38
Dacia sales in Europe recorded a 23.8% advance in Europe (EU plus EFTA countries), and the carmaker's market share rose from 2.3% to 2.4%, according to the European Automobile Manufacturers' Association (ACEA). ...more »
October 16, 2017 16:49
The Hornbach Group maintains the trend of growth in the first half of 2017-2018. From March 1 to August 31, 2017, Hornbach Holding AG & Co. KGaA reported a 5.7% increase in turnover, to 2,310.3 million euros (compared with the same period of the previous year: 2,186.7 million euros)....more »
October 16, 2017 15:17
Three Romanian companies made it to the Central European Deloitte Technology Fast 50 ranking and one received a special award for the Most Disruptive Innovation. The speed of growth among Central Europe’s technology companies continues to accelerate, with average growth between 2013 and 2016 hitting a new record of 1,127%. ...more »
October 16, 2017 13:40
The Romanian Energy Efficiency Forum, the most important annual event dedicated to the development of sustainable energy programs, reached its fourth edition. At the discussion table came key people in this sector, from Government representatives, specialists from project developers, large profile companies, and banks that can fund this sector. Organized by the Romanian Association for the Promotion of Energy Efficiency (ARPEE), together with GOVNET Conferences, the debate highlighted both legal bottlenecks and the present opportunities in energy sector, concrete project financing solutions and examples of good practice at the local level....more »
October 11, 2017 13:59
The International Monetary Fund (IMF) has revised its growth estimates for the Romanian economy this year, from 4.2% to 5.5%, according to the latest World Economic Outlook, published by the international financial institution. The IMF has also improved its forecast for the growth rate of Romania's economy in 2018 to 4.4%, compared to the 3.4% forecast projected in April.  ...more »
October 10, 2017 15:52
Romania currently has the richest energy mix in the region, if not in Europe, and should be used as such, Energy Minister Toma Petcu said, adding that the Energy Strategy of Romania is a project that can represent our country at least in the next 20 years. The document is under discussion at the Ministry of the Environment. My goal is to transform the Romanian Energy Strategy in law, move it to Parliament for discussions and approval. ...more »
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