The European Commission has opened two investigations under EU state aid rules into a Romanian support scheme for investments in regional airports and to ascertain whether certain rebates and discounts … [Read more...]
Investigations Into State Aid To Romanian Air Transport Sector Began
May 25, 2011 By Leave a Comment
Romania Must Benefit From Its Fortes
May 24, 2011 By Leave a Comment
General Manager of IBM Romania Bogdan Balaci, board member of the US Trade Chamber in Romania (AmCham) said in an interview that Romania must focus and benefit from its fortes, IT being one of them. Bogdan … [Read more...]
To Build A House In Bucharest Suburbs Costs EUR80,000 Or Less
May 24, 2011 By Leave a Comment
According to a study of Romanian realty website imopedia.ro, to build a 100 sqm house near Bucharest costs between EUR58,000 and EUR80,000, since the economic crisis slashed construction and plot prices. … [Read more...]
Romania In The Top CEE Business Destination In May
May 23, 2011 By Leave a Comment
A ZEW/Erste survey showed Friday that in May Romanian economic outlook for the next six months improved slightly, anchoring the country in the first spot among the best business destinations in Central … [Read more...]
Romania Signs With Partner Countries The Bucharest Statement by Black Sea Economic Cooperation Organization
May 19, 2011 By Leave a Comment
Romanian Ministry of Economy, Trade and Business Environment (MECMA) State Secretary Karoly Borbely declared that the Romanian authorities and the officials of the Black Sea riparian states have adopted … [Read more...]
Duster Brings The Desired Economic Growth
May 18, 2011 By Leave a Comment
The 40% increase in exports and exports were boosted by the Duster, which determined the 1.6% GDP hike in Q1. The GDP grew by 500% in the first quarter. According to an analysis, the Duster was what eventually … [Read more...]
Out of Recession After Two Years Of Economic Crisis
May 15, 2011 By Leave a Comment
According to official data released by the National Statistics Institute (INS), after two years of economic crisis, the Gross Domestic Product having increased two consecutive quarters getting the Romanian … [Read more...]
Draft Law: Self-Employed Romanians Are Allowed To Hire Other People As Workers
May 15, 2011 By Leave a Comment
According to a draft government emergency ordinance, self-employed Romanians will be allowed to hire other people for their activity, with employment contracts. The draft ordinance removes the current … [Read more...]
Ionut Costea, EximBank: Economic Growth Can Be Brought By European Money
May 9, 2011 By Leave a Comment
EximBank president Ionut Costea believes that in this period of time the main focus must be on stepping up absorption of European funds. This can have a substantial contribution to resumption of economic … [Read more...]
BCR’s Operating Results Affected By Difficult Economic Context
April 29, 2011 By Leave a Comment
According to a press release, in the first quarter of 2011, the operating result of Banca Comerciala Romana (BCR) Group stands at RON 608.8 M (EUR 144.5 M). That is up by 10.9 per cent on the fourth quarter … [Read more...]
