September 26, 2018

Average residential property prices in Romania went up in the Q1 2013

After recording a small fall in the previous quarter, average residential property prices in Romania rose slightly in the first quarter of 2013. According to Eurobank Property Services’ Residential Property … [Read more...]

Orange Romania to launch satellite TV services

This year, Orange Romania is preparing to launch satellite television services. This will place it in direct competition with TV providers such as Romtelecom, UPC and RCS&RDS. The company is currently … [Read more...]

Former US ambassador Mark Gitenstein to sit on FP board

Former US ambassador in Romania, Mark Gitenstein has been sworn in as a member of the board of nominees of the EUR 3.5 billion Property Fund (FP) with a whopping 99 % majority of the votes cast during … [Read more...]

EU’s new tobacco products directive to cost Romania 19,000 jobs and EUR 200 mln in taxes

According to a Roland Berger study commissioned by cigarette manufacturer Philip Morris, Romania is one of the EU countries which stand to lose the most if the proposed revisions of the current EU Tobacco … [Read more...]

“Wild Carpathia” episode II

Princess Margareta and Ivan Patzaichin promote Romania in episode two of the “Wild Carpathia” series, a Travel Channel coproduction that will be broadcast internationally in September, according to … [Read more...]

Rovana Plumb: Shale gas exploration presents no risk

Environment Minister Rovana Plumb declares that the exploration of shale gas in Romania does not present any risk because it is being done like the exploration of conventional gas, not through hydraulic … [Read more...]

Romanians – among the most optimistic in Europe when it comes to economic recovery

Romanians are generally taking an optimistic view of the future, a press release informs according to a recent GfK Consumer Climate Europe analysis. Economic growth is rising while unemployment is dropping. … [Read more...]

BCR reported significant loss cut

BCR reported a RON 358 M reduction of the costs with provisions in the first quarter of the year. This resulted in a limiting of the net loss to RON 12.1 M, compared to RON 307.8 M in March 2012, against … [Read more...]

Bucharest City Tour

Starting Monday, April 29, double-decker buses will operate the tourist line Bucharest City Tour, which has 14 stops and lasts approximately 50 minutes, informs the Bucharest public transport company (RATB). … [Read more...]

Orange Romania posts revenues of EUR 219 mln for the first part of 2013

Telecom operator Orange Romania posted revenues of EUR 219 million for the first quarter of the year, representing a 1.4 % decline on Q1, 2012. Eliminating the impact of regulatory measures, the service … [Read more...]

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