September 24, 2018

Romanian GDP To Grow 2% This Year

A report from JP Morgan Chase Bank shows that Romanian economy is on its way to wake up from over two years of “hibernation” in 2011. The economy has been aided by growing exports, good reforms and … [Read more...]

Herman van Rompuy: In Full Recession Romania Has Stabilized Economy

On Thursday, Herman van Rompuy, the head of the European Council showed his admiration to the implementation of the EU and IMF common program with Romania. EC head stated that the country has been stabilizing … [Read more...]

Romania: Aircraft Sent To Evacuate Romanians From Libya

On February 23, 2011, the Bucharest media reported that Romania was to send an aircraft to evacuate its nationals from Libya. Dozens of people were killed in anti-government protests in the past few days. … [Read more...]

Top Strategies: Get More Business With Twitter

“The Social Media Newbie’s Guide to Twitter for Businesses” is an eBook with Twitter tips, strategies and examples to help businesses get the most out of the popular social networking site. The book … [Read more...]

Romania Vows To Purge Corruption

A team of experts led by the Interior Minister, Traian Igas, is to evaluate the performance of each and every ministerial employee, from the top down, in an attempt to combat corruption in the ministry's … [Read more...]

EBRD Sold 5 % From BRD

The European Bank for Reconstruction and Development (EBRD) said it sold its 5 % stake in BRD, Romania's second-largest bank. BRD is controlled by France's Societe Generale. Back in 1999, EBRD bought the … [Read more...]

Romania Spent Only 10 % Of The EU Money

Romania had spent only EUR 1.9 bln of the structural funds made available by the EU By the end of last year. Bogdan Dragoi, Secretary of State at the Ministry of Public Finance, stated that this represents … [Read more...]

Government Determined To Take Responsibility For Labor Code

Government spokeswoman Ioana Muntean formally announced Wednesday that the Government will pass the Labour Code draft bill by taking responsibility before Parliament. The first reading took place at Wednesday’s … [Read more...]

Solar Farm In Giurgiu

According to data from Transelectrica (the national electricity transmission company), eleven solar projects with an overall capacity of around 36 MW, of over 100 million euros in investments have contracts … [Read more...]

Petrom Posted 520 Million Euros Profit

In the second year of recession the biggest company in Romania posted a 2.5 times higher net profit than in 2009.  And it is all thanks to fuel becoming more expensive, although fuel demand fell 5%. OMV … [Read more...]

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