10.15.2014

Romania’s economic growth rate cannot be higher than 2-3% this year due to the macroeconomic context, state-run companies lacking technological upgrades and firms having difficulty contracting more

10.15.2014

A sales tax of 19-20% would be sufficient but that depends on the level of collection of other taxes, Romanian Economy Minister Constantin Nita said Wednesday at a conference held by Ziarul Financiar. more

10.03.2014

Romania Business Yearbook 2014 Key PLAYERS in the ECONOMY is the most comprehensive information tool in the Romanian business sector. For the tenth year in a row, ZIARUL FINANCIAR presents the ranking more

10.02.2014

Romania could be a major player in the energy sector, as coal-based energy production will be revived in Europe and most countries will have to accept share gas exploitation, Romanian Economy Minister more

08.28.2014

Although the Romanian economy has posted growth over the last 18 months, consumers have felt no impact, according to a survey by market research company GfK, and expectations regarding the economy, more

08.18.2014

Romania’s Economy Minister Constantin Nita on Monday said the local economy remains “on a positive path” despite having contracted for two consecutive quarters. more

07.22.2014

Garanti Bank Romania has revised upward its forecast on the country’s economic growth to 2.9% in 2014, from 2.6% previously, citing a better-than-expected performance during the first quarter and more

06.30.2014

Executives in Romania expect activity in all economic sectors to continue to grow in the June-August period compared with the previous three months, the statistics institute INS said in a survey more

05.30.2014

The good news of the economy and the improved sentiment of investors towards Romania are not showing on the Bucharest Stock Exchange, which has been flat in the first five months. more

05.12.2014

A large majority of Romanians (87%) judge the country’s economic situation as bad and tend not to trust the Government (74%) or Parliament (80%), but are optimistic about the future of the European more

04.09.2014

Coface ratings agency on Wednesday raised its growth forecast on Romania’s economy to 2.3% this year from 2.1% previously, but warned of a still fragile business environment. more

04.02.2014

Romania’s economy grew slightly faster than previously thought in the fourth quarter of last year, reflecting improved consumer spending and better contributions from constructions and retail, more

04.01.2014

Romania’s accession to the North Atlantic Treaty Organization (NATO) on April 2 ten years ago turned out to be very important for the Eastern European country's economy, not only for its security. more

03.05.2014

Romanian net investment fell 9.3% on the year to 67.86 billion lei (EUR15 billion) in 2013, on declining activity in most sectors, the country’s statistics institute INS said Wednesday. more

02.27.2014

A Bucharest resident spends almost 70% of monthly income on food, utilities, rent and transportation. At the opposite end, less than 2% of the monthly budget of around 2,200 lei (about EUR500) is more

01.22.2014

Romania's economic growth will likely slow to 2.1% this year, after an increase of some 2.5% in 2013, held back by weaker exports and a sluggish consumption, according to estimates from Coface rating more

11.06.2013

Analysts say the new taxes to be levied as of 2014 will indirectly also affect the population, leaving less money in Romanians’ pockets for consumption. more

10.30.2013

Investor sentiment regarding the outlook of the Romanian economy worsened in October, dropping by 2.6 points, the biggest decline across the European Union, amid a negative outlook on services, more

10.23.2013

Romanian insolvent state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) has appointed Marian Parvu as general manager, union leader Corneliu Cernev said Wednesday. more

10.18.2013

Economic recovery in Romania will likely remain subdued in the next year due to the country’s significant exposure to European markets, according to Moody’s Ratings, which sees the local gross more

10.18.2013

Foreigners are more confident in Romania’s development potential than Romanians themselves, Viscount Etienne Davignon, chairman of financial group Bilderberg, said in Bucharest Thursday. more

10.18.2013

No new highway construction site has been inaugurated since the beginning of the year, while auctions for new projects are postponed. Chances are slim for work on a new highway to start before the end more

10.16.2013

Andrei-Dominic Gerea has been sworn in as Romania's new Economy minister Wednesday at the Presidential Palace. more

10.15.2013

Romania’s Economy Ministry has delayed until mid-November negotiations to sell over 331,000 tons of copper concentrate produced by state-run copper mining company Cupru Min Abrud, the ministry said more

10.15.2013

Romanian liberals, part of the ruling coalition, have proposed Andrei Gerea, 45, for economy minister, following Varujan Vosganian’s resignation last week. more