Financial

From the first semester of 2014 to the
same period in 2015, the total estimated value of transactions in
Romania has gone from 0,6 to 2,1 billion USD, a recent Ernst&Young
press release reveals.
...more »

Lazar Group, headed by business man Ion Lazar
acquired Edy Spedition's shares during an auction hosted by the legal
administrator of the latter company....more »

Romania had the fourth lowest debt in
the EU in 2014 according to Eurostat. The countries with the lowest
public debt were Estonia, Luxembourg, Bulgaria, Romania, Latvia and
Lithuania......more »

Deloitte's annual Tax&Legal
conference, entitled “Rewriting tax law: turning a challenge into a business
opportunity” took place on October 21st at Bucharest's Marriott Grand
Hotel.The much needed dialogue on
changing international laws and the necessity for Romania to keep up with these
changes as well as the methods used in order to do this have long been
leitmotifs for legal practitioners in the country....more »

According to Eurostat, Romania has seen
the second negative inflation rate in Europe during September 2015...more »

According to the Romanian National Bank,
direct foreign investment in the country amounted to approximately one billion
EUR more than in January-August of 2014....more »

A recent press release,
following a meeting between American Ambassador to Romania, Hans Klemm and
Romanian Minister of Economy, Commerce and Tourism, Mihai Tudose, emphasized the
importance of Romanian-American cooperation by publishing the relevant numbers
with regard to foreign investments....more »

Shareholders of Banca Transilvania (BT)
approved the merger with Volksbank Romania according to a recent press
release....more »

The International Monetary
Fund revised its initial estimates concerning Romania's economic growth
rate....more »

The Romanian Competition Council has fined four producer and 78 distributor companies in the lacquer and paint market following certain irregularities with respect to deals between the two sides that established product prices....more »