23 sep 2011

The persistence of the crisis for several years is not an impossible scenario and it could force the Romanian government to discuss the budget deficit level again and even try to bring it down as more

22 sep 2011

The drug market grew by 6.2% (5.6% in euro terms) in the first seven months of the year, to 6.1 billion lei (EUR1.45 billion), according to data from market research company IMS Health. 4.6% more more

21 sep 2011

Romania’s cement production rose 8.1% on the year in the first half of 2011, to 3.18 million tons, according to data of cement makers' association CIROM. more

21 sep 2011

Austrian banks increased their exposure to Romania in the first quarter of this year, while French and Greek banks reduced their financing lines, according to data from the Bank of International more

20 sep 2011

Romania’s prognosis commission CNP Tuesday revised upward its economic growth forecast to 1.7% in 2011, from 1.5% previously, saying it expects a positive contribution from farming output. more

19 sep 2011

Romgaz Medias, Romania’s largest natural gas producer, is looking at a number of solutions it might use to boost its drilling operations as the production volume estimated for this year is 10% lower more

16 sep 2011

A large construction site stands in Floreasca, where the tallest building in Bucharest is being constructed; another site, next to the Polytechnic University, will host an office building. Smaller more

16 sep 2011

Private clinics fought for years over the budgets that large companies were willing to spend on healthcare services offered to employees, but now operators are discovering a less explored area, namely more

15 sep 2011

Romania’s leu recovered part of its early losses against the euro by mid trade Thursday, but the central bank’s reference weakened slightly to 4.294 units, a fresh low of 2011. more

15 sep 2011

Exports to countries outside the European Union have started to gain ground in the last few months, recording higher year-on-year growth rates than those recorded by trade with EU countries, but more

15 sep 2011

Shale gas, maybe the most fashionable fuel of the moment, has been on the agenda of the talks between Romanian and U.S. officials during the recent visit of the Romanian authorities to Washington. more

15 sep 2011

In a highly volatile time, when global markets are moving from growth to decline in minutes, only to have the emotional roller coaster go back again, the consumption of power, fuel or gas remains an more

14 sep 2011

The Romanian leu retreated against the euro in the first half of Wednesday’s session, amid growing aversion to risk in the region, and the central bank’s reference weakened to 4.2886 units, the more

14 sep 2011

From the project stage to getting the first money by selling green energy, it takes nearly 3 years during which investors in wind farms have to get 85 permits and meet around 13 civil servants in the more

12 sep 2011

Romanian foreign direct investment, or FDI, fell 30.5% to EUR1.1 billion in January to July, from EUR1.9 billion in the year-earlier period, the central bank said Monday. more

12 sep 2011

Romania's current account deficit narrowed 24.4% to EUR2.82 billion in the first seven months, from a gap of EUR3.73 billion in the year-earlier period, due to a lower trade deficit and higher more

12 sep 2011

Romanian consumer prices fell for the third straight month in August, pushed down by cheaper food, while the annual inflation eased to a 17-month low of 4.25%, official data showed Monday. more

11 sep 2011

The average value of bank deposits held by Romanians is only EUR1,193, 60% lower than that of Bulgarians, more than twice lower than those of Hungarians or Poles; in Germany, the average value of a more

10 sep 2011

Romania's budget deficit next year will exceed the target of 3% of GDP, even in an optimistic scenario in which the economy would grow by 4%, says central bank chief-economist Valentin Lazea. more

9 sep 2011

Romania’s trade deficit narrowed to EUR5.24 billion in the first seven months of 2011, from EUR5.54 billion in the year-earlier period, the country’s statistics institute INS said Friday. more

9 sep 2011

This year's third quarter started well in terms of macroeconomic indicators and of signals from the business sector, which are positive. more

9 sep 2011

Spedition UMB and Tehnostrade, two construction companies controlled by Dorinel Umbrarescu, a low-profile entrepreneur, have so far won one tenth of the EUR2.6 billion that the Ministry of Regional more

9 sep 2011

For a loan of EUR40,000 or the equivalent in lei, the difference between the monthly installment on a leu-denominated and a euro-denominated loan is of around EUR85. In 30 years, clients pay an more

9 sep 2011

The 45 pages of regulations on the first tender launched by the Economy Ministry, for the project to install private management in state-owned companies, have confused recruiters. more

8 sep 2011

Romania’s mineral resources agency ANRM has agreed to extend by five years the exploration license for eight onshore fields leased to natural gas producer Romgaz Medias, the agency’s head more