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

10.10.2013

Romania’s President Traian Basescu Thursday signed a decree appointing deputy prime minister Daniel Chitoiu as acting Economy Minister, the Presidency said in a press release. more

10.10.2013

Economy cannot develop only by boosting production, which is then exported, but also as a result of domestic demand. As people’s income increases, the local market will grow, too. more

10.07.2013

Romania’s gross domestic product grew 1.8% in the first half of 2013 compared with the year-earlier period, in line with previous estimations, official data showed Monday. more

10.03.2013

Romania’s real GDP will return to the pre-crisis level in 2014, after six years and after borrowing EUR20 billion from international lenders. The country’s the public debt has doubled in the more

10.01.2013

Almost half of Romania’s economic output is generated in industries that use intellectual property rights intensively, a report from the Office for Harmonization in the Internal Market, or OHIM, more

09.29.2013

Romania’s new financial package with the International Monetary Fund (IMF) brings predictability, transparency and stability to the business environment, but it also ensures transparency of more

09.25.2013

The confidence in the Romanian economy climbed to a 16-month high thanks to an improvement in perception of conditions in the current business environment, according to the macroeconomic confidence more

09.16.2013

Romania’s economy is among the most uncompetitive in the European Union and the country must adopt public policies and strategies to support economic development and increase competitiveness, the more

09.12.2013

Consumer loan stock fell by the equivalent of 21 billion lei (EUR4.6 billion) in July, from the record high reached in February 2009, when the financial crisis hit Romania. more

09.05.2013

Romania’s economic growth would have been 3% in the first half of the year if investments had at least been flat. more

08.19.2013

The profits reported by companies in Romania fell last year by over 5 billion lei (EUR1.1 billion) to RON60 billion, which shows that 2012 was very difficult 2012 for the corporate sector despite a more

08.09.2013

Romania’s exports are expected to stabilize around EUR4 billion in the coming months, while domestic demand for foreign products is estimated to recover by the end of 2013, an official of the more

08.08.2013

Romania's economy is expected to expand by 1% to 1.5% in 2013, according to estimates of Coface rating agency. more

07.22.2013

Romania ranks second in Eastern Europe in terms of its underground economy, with almost EUR40 billion in absolute terms in 2013, shows a study of AT Kearney on Europe’s underground economy released more

07.04.2013

Romania’s real gross domestic product grew 2.2% in the first three months of 2013 compared with the year-earlier quarter, in line with previous estimations, official data showed Thursday. more

07.03.2013

A good farming output could boost economic growth to 2.2% in Romania this year, Austrian Austrian Erste Group Bank AG said in a report Wednesday. more

06.26.2013

Romania is focusing on new scenarios to increase its energy independence after the consortium developing a large Azeri oil field has rejected the proposed Nabucco pipeline route to transport its gas, more