Last year Romania had a great chance to take advantage of neighbors’ problems and rise as an economic power in the South Eastern Europe. Instead, the vast majority of Romanian politicians did anything possible to spend the country’s potential and lose great ground. Finally, at the year-end, the atmosphere calmed and in the dawn of ..
Read moreGerman utility E.ON Tuesday opened a new business service center in Cluj-Napoca, northwest Romania, which will provide mostly accounting services to the group’s global units. Source: Ziarul Financiar No related posts
Read moreThe National Bank of Romania's (BNR) Board of Directors on Monday decided to keep the monetary policy rate at 5.25 percent per annum, the institution said in a release. During the meeting held on Jan. 7, 2013, the Central Bank directors also decided to adequately manage the bank system liquidity, maintain the current levels of ..
Read moreThe number of planning permissions issued for residential buildings decreased in the first 11 months of 2012 by 3.2 percent from the same period of last year, according to the data centralized by the National Institute of Statistics (INS).As many as 35,521 planning permissions were issued from January to November 2012.Significant decreases in the number ..
Read moreSales by e-commerce site eMAG in the first two weeks of December 2012 were by 52 percent higher than the amount recorded in the same period last year, as three million Romanians sought Christmas gifts in this online store, the company informs.To avoid crowded stores, increasingly more Romanians have this year turned to the internet ..
Read moreUnderground operator Metrorex will be responsible to the Bucharest City Hall, as it happens in all European countries, Prime Minister Victor Ponta announced on Monday.'The Underground is responsible to the City Hall in all European capitals. The subsidy is obviously kept and we have set a state budget subsidy in this year's budget and in ..
Read moreAnalysts of Erste Group anticipates, for 2013, an increase of 1.1 percent of Romania's GDP, as the renegotiation of an International Monetary Fund agreement and the pressing ahead with the better absorption of EU subsidies will be credit-positive. In the latest report on 'Central and Eastern Europe markets and stocks' of Erste Group, published on ..
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