Agriculture minister Daniel Constantin said in a press conference this Wednesday that setting up warehouses for fruit and vegetables would help local farmers get more money for their products and would … [Read more...]
Franchise market in Romania has a growing trend – Constantin Anton
May 18, 2012 By Leave a Comment
The head of the Romanian Franchise Association, Constantin Anton, said on Thursday at the opening of the International Franchise and Branding Exhibition that the Romanian franchise market has a growing … [Read more...]
OTP Bank turns to loss in Romania in first quarter
May 18, 2012 By Leave a Comment
Hungarian-owned bank OTP Romania made a loss of around EUR 4.1 million in the first quarter of the year, due to lower operational profit and high risk costs; the bank turned a profit in the same period … [Read more...]
The RON has risen, sign it is not on a downtrend
May 18, 2012 By Leave a Comment
Adrian Vasilescu, adviser to the governor of the National Bank of Romania governor, says that the shocks on the currency market are foreign-born only. He stated yesterday said that the shocks that caused … [Read more...]
FDI continues to drop
May 17, 2012 By Leave a Comment
In Q1 of this year, the non-residents’ direct investment in Romania amounted to EUR 425 million as compared with EUR 444 million in Q1 2011, according to the central bank. In the first 11 months of last … [Read more...]
Vasilescu, BNR: No speculative attack targeted at domestic leu
May 17, 2012 By Leave a Comment
Adrian Vasilescu, advisor to the governor of National Bank of Romania (BNR), declared that the local currency, the leu, is not the target of a speculative attack whatsoever and its quotation is affected … [Read more...]
Best paid in Romania are in IT, banking and the pharma industry
May 17, 2012 By Leave a Comment
The employees of IT, banking and pharma companies are the best paid in Romania, but, according to recruitment firm Trenkwalder, the gap between average jobs and top management positions is very wide. No … [Read more...]
Graells & Llonch at their second industrial park in Romania
May 17, 2012 By Leave a Comment
Spanish real estate developer Graells & Llonch started to work on its second real estate project in Romania. The project is an industrial park in Turda city, Cluj County, valued at EUR 200 million. … [Read more...]
Romania has great chances to “exit the recession”
May 17, 2012 By Leave a Comment
Liviu Voinea, state secretary with the Ministry of Finance says that during the next three quarters the GDP will increase, following the decisions of raising salaries and repaying the money to pensioners. … [Read more...]
Transgaz net profit falls 11 % y/y in Q1
May 16, 2012 By Leave a Comment
In the first quarter of this year, net profit of Transgaz dropped by 11 % to almost RON 173.5 (EUR 40 million) while the turnover fell by 0.4 % to RON 455.6 million (EUR 104 million). Total revenue lost … [Read more...]
