Economics

MedLife’s turnover in the first half of the year amounted to 38.3 million euro, an advance by 12 percent compared to the same period of 2013. The growth rate of the medical services operator outpaced the average rate in the market which was about 8-9 percent, MedLife expecting to exceed, for the first time, 2.5 million patients in 2014....more »

OMV Petrom has implemented a 2.1 million euro project aimed at increasing energy efficiency in 345 of its filling stations, where it replaced the conventional lighting systems with a new LED based system, announces a press release....more »

The European Commission has reviewed the latest prognosis on Romania’s GDP progress which indicated a growth rate of 2.8 percent this year, the autumn 2014 forecast anticipating an advance by only 2 percent. The revised estimation follows the economic slowdown recorded in the first half of the year resulted from the strong deceleration in the second quarter (1.2 percent y-o-y). ...more »

Romania’s central bank, BNR, has dropped the monetary policy rate by 0.25 percent to 2.7 percent, a new historic low which will be effective starting November 5, 2014, according to a press release. This measure follows successive reductions applied subsequent to monthly meeting of BNR’s Board....more »

The Romanian market saw decreasing activity in the M&A field in the first half of 2014, contradicting the trend noticed within the CSE region, where most of the countries recorded higher volume in terms of mergers and acquisitions as compared with the same period last year, indicates EY’s M&A Barometer Romania H1 2014....more »

The Financial Supervisory Authority has approved a series of changes proposed by
the Bucharest Stock Exchange (BVB) to its Rulebook for Market Operators so as
to increase the visibility and trading
turnover on the regulated market, i...more »

Driven by low vacancy rates, increasing demand and increasing pre-lease transactions, prime yield has seen a compression by 0.25 percent, reaching 7.75 percent, which makes Bucharest one of the most attractive office market for investors, shows a report issued by CBRE Romania....more »

New Europe Property Investment (NEPI) will take over Promenada mall from Raiffeisen Evolution, the transaction coming to about 150 million euro, according to market sources quoted by Mediafax....more »

Representatives of the Oltenia Energy Complex (CEO) and
China Huadian Engineering today concluded the agreement for creating the joint
venture (an Independent Power Producer, IPP) which will implement the Rovinari
project: the construction of a ...more »

The Indian provider of IT services and solutions has announced plans to strengthen its presence in Romania where aims at growing headcount by 25 percent by the end of next year. Wipro, thus, anticipates that by December 2015 will employ 750 people in its local offices....more »
Previous
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
Next