Keyword: romania

Results: 79

Romanian economy expands in Q1

Romania gross domestic product rose 2.1% from a year earlier, compared with 1.1% in the fourth quarter last year, according to a flash estimate of the National Statistics Institute.
EconomyThursday, 14:35, May 16., 2013 Read more

Oracle to invest €100 mln in Romanian expansion

American software producer Oracle will invest €100 million in Romania in expanding its existing capacities, local site Romania-Insider reported citing Dan Sova, the minister delegate for Infrastructure Projects and Foreign Investments.
BusinessTuesday, 14:30, May 14., 2013 Read more

Romanian average salary up in March

The average net salary in Romania was RON 1,617 (appr. €370) in March, up 4.1% compared to the last month, local media reported citing data released Monday by the National Institute of Statistics.
EconomyTuesday, 12:45, May 14., 2013 Read more

Nearly 700,000 Romanians have total overdue debts

The number of Romanians with debts more than 30 days overdue amounted to nearly 700,000 at the end of March this year, with total debts to financial institutions and non-bank financial institutions of some €2.3 billion – one-third higher than in the same period last year.
EconomyTuesday, 11:45, May 14., 2013 Read more

Romania inflation stable in April

Romania’s consumer price inflation stayed broadly unchanged in April, latest data from the Bucharest-based National Institute of Statistics showed.
EconomyMonday, 12:50, May 13., 2013 Read more

Romania trade deficit decreases in March

Romania’s visible trade deficit decreased to €567.6 million in March from €750 million a year earlier, the Statistics Office in Bucharest said.
EconomyMonday, 12:40, May 13., 2013 Read more

Romania’s shadow economy reaches 28% of GDP in 2013

With the shadow economy accounting for 28% of GDP, Romania is on a par with Croatia, Estonia and Lithuania and only second after Bulgaria, whose unreported economy has the biggest share of 31% of GDP, according to a study published by Visa Europe.
EconomyMonday, 10:35, May 13., 2013 Read more

Romania’s junk credit rating maintained by S&P

Standard & Poor’s affirmed Romania’s junk credit rating for a fifth year as “high” external debt is balanced by budget rigor.
EconomyFriday, 15:00, May 10., 2013 Read more

Central and Southeastern Europe power markets to stay niche, report

Central and Southeastern Europe will provide only niche opportunities as reluctance to integrate pushes out financial players needed to fuel liquidity, Reuters wrote Thursday citing experts.
BusinessFriday, 11:25, May 10., 2013 Read more

Romania central bank cuts 2013 inflation forecast

The National Bank of Romania lowered its 2013 inflation forecast, bolstering a pledge to trim borrowing costs as price growth slows more than previously predicted.
EconomyThursday, 18:40, May 9., 2013 Read more

Romania output price inflation eases, retail sales fall in March

Romania’s producer price index increased 4.5% on an annual basis in March, notably slower than the 5.4% gain seen in February, the National Institute of Statistics said.
EconomyThursday, 08:55, May 9., 2013 Read more

Germany’s Conergy expands in Romania

After entering the Romanian market in January, Conergy is set to expand its footprint in the country with the addition of a 2 megawatt photovoltaic (PV) plant in the Romanian region of Slobozia.
BusinessWednesday, 11:30, May 8., 2013 Read more

Romania could become energy independent in about 4-7 yrs, PM says

Romania could become energy independent in about seven years, following the exploitation of oil and gas resources in the Black Sea, local media cited Prime Minister Victor Ponta as saying.
EconomyTuesday, 14:10, May 7., 2013 Read more

Kingfisher expands into Romania

Kingfisher Plc, Europe’s leading home improvement retailer, announced on Monday that it has acquired Bricostore’s 15 home improvement stores in Romania from Group Bresson.
BusinessTuesday, 08:00, May 7., 2013 Read more

European Commission to reimburse €260 mln to Romania

EconomyWednesday, 17:05, April 24., 2013 Read more

Daimler plans to invest in Romanian transmission plant, report

BusinessWednesday, 15:00, April 24., 2013 Read more

Local investor takes over French supermarket chain in Romania

BusinessMonday, 14:40, April 22., 2013 Read more

Kingfisher Plc moving into the Romanian market

Kingfisher Plc, Europe’s largest home-improvement retailer, said it was expanding into the “attractive” Romanian market
BusinessFriday, 17:30, April 19., 2013 Read more

Romania pockets $95 mln from Transgaz stake sale

BusinessThursday, 12:40, April 18., 2013 Read more

Daimler to open factory in Romania

German car maker Daimler is reportedly planning to open a factory in Romania
BusinessTuesday, 17:55, April 16., 2013 Read more
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