Economics
May 30, 2014 12:15
A Mission of the International Monetary Fund will arrive next Monday, June 2, in Bucharest for the third review of the 2-year Stand-By Arrangement (SBA). It is an intermediary review requested by the Romanian authorities and it coincides with the planned Article IV consultation and the mid-year budget rectification. ...more »
May 28, 2014 12:53
Romania is placed as the third most attractive destination for foreign
investment within the countries in the Central Eastern European region
following EY’s annual report, European
Attractiveness Survey. Poland and the Czech Republic maintain ...more »
May 27, 2014 14:33
Loans granted by credit institutions to household or companies in Romania went up by 0.2 percent (down 0.1 percent in real terms) in April 2014 compared to the previous month, totaling about 218.3 billion lei, as shows the data released by the National Bank of Romania. ...more »
May 27, 2014 12:17
Mega Image Romania, controlled by the Belgian group Delhaize, completed last month a 25.2 million euro capital increase destined to support the expansion of the domestic retail network and the construction of a warehouse in Bucharest, Mediafax informs....more »
May 23, 2014 14:55
Upon validating the Country Partnership Strategy (CPS) for Romania for 2014-2017, the World Bank Group Board of Directors approved yesterday a 750 million euro budget support loan, the first of a series of such operations loans as per the new CPS, the Romanian Ministry of Finance announces. ...more »
May 22, 2014 16:08
Green Gate, the largest office building to be delivered this year in Bucharest, a project development by Czech company S Group Holding has been completed with an occupancy rate which has reached 60 percent so far, according to ZF....more »
May 21, 2014 15:46
Ericsson Romania, the domestic subsidiary of the Swedish-based manufacturer of telecommunication equipment, increases the surface let within West Gate office park with other 4,000 sqm. Hence, the total area occupied by Ericsson adds up to 16,000 sqm, the lease period being extended by 2019, according to a press release of Genesis Development, which developed the project....more »
May 21, 2014 13:02
During yesterday’s meeting, the Romanian Government approved an emergency ordinance and a government decision to eliminate 10 taxes and non-fiscal tariffs, while other 17 will be merged. For the remaining 65 there will be issued ministerial orders or decisions of the presidents of institutions to eliminate, so as the legislative measures come to effect by July 1, 2014, the Ministry of Public Finance announces....more »
May 21, 2014 10:46
Although there were expected about 20 small and medium-sized companies to submit their projects for the Energy Efficiency Programme the Ministry of Economy runs between 2014 and 2017, only five such companies sent their applications by the deadline set by the ministry – May 9, 2014. ...more »
May 20, 2014 15:04
Eugen Calota, Vice President of the National Energy Regulatory Authority (ANRE), places energy efficiency as the most profitable resource for Romania for the coming 10-20 years, according to Agerpres....more »
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