Economics
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
March 09, 2015 17:02
Seen as a fundamental solution to improve energy efficiency, modern lighting is also an extremely important tool to increase operational efficiency. Thus, given that Romania has committed to align to European standards in terms of energy efficiency, the implementation of modern lighting projects becomes a priority, especially in the segment of public lighting....more »
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