Economics

FAN Courier is the big winner of the Excellence Awards Gala for the courier sector organized by GOVNET Conferences, accounting for four of the nine awards, including the two most important categories: Company of the Year and Manager of the Year. ...more »

After seven years during which the Romanian State has provided funds of 800
million euro to the private sector under state aid schemes, the next multiannual
financial framework 2014-2020 brings some important changes with respect to
this form of...more »

Franklin Templeton, the manager of Fondul Proprietatea (FP), has announced its intention to sale up to 2,047,095, shares, equivalent to a 23.6 stake currently held in Conpet, a state-owned company operating in the field of crude oil transport and listed on the Bucharest Stock Exchange (BVB). ...more »

Hidroelectrica has recorded a gross profit of 943 million lei in the first ten months of 2014, a record level, after a 23.6 percent growth year-on-year, triggered by both increasing energy sales and strict control on prodction costs imposed by the reorganization plan issued by the judiciary administrator, the company announced...more »

Consumer prices increased by 0.2 percent in October 2014 compared to the
previous month on higher prices in food and services fields, yet pulling down
annual inflation rate from 1.54 percent in September 2014 to 1.44 percent, according to the dat...more »

The
European Commission has acknowledged the Sebes-Turda highway project as
eligible for funding, the total budget required amounting to about 621.5
million euro. The budget allocated to the first phase, which has already
submitted to the Commi...more »

Industrial production in Romania went up between January and September 2014 over the same period last year, increasing both as gross series, by 7.4 percent, and as series adjusted by number of working days and seasonality, by 8.5 percent, announces the National Institute of Statistics (INSSE)....more »

Both exports and imports rose between January and September 30, 2014, with exports recording a faster growth: 7.1 percent in euro-denominated currency (8.1 percent, based on lei-currency), while imports advanced by 6.6 percent (7.6 percent, respectively)....more »

The turnover in industry, including both domestic and external market, increased by 8.9 percent year-on-year in nominal terms in the first nine months of 2014, on increasing values in the manufacturing (+9 percent) and mining and quarrying (+7.6 percent) field....more »

The Bucharest Stock Exchange (BVB) has reported a profit of 9.33 million euro after the first nine months of the year, a 70.9 percent advance year-on-year, while recording an even major increase in operating profit which amounted to 8.83 million euro, 145.3 percent above last year’s level....more »
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