03.02.2018

Romania's general consolidated budget posted a surplus of RON1.98 billion in January, or 0.21% of gross domestic product, compared with a surplus of RON3.02 billion, or 0.35% of GDP, recorded in more

02.26.2018

Vodafone, the second leading mobile telephony provider in Romania, has earmarked more than EUR100 million for investments network and IT this year, a budget higher than last year’s, which will go more

02.19.2018

Romania's most relevant economic performance indicator in 2018 should be the implementation of the investment plan, to transfer economic growth into well-being, modern infrastructure, performing more

01.26.2018

Romania's general consolidated budget posted a deficit of RON24.3 billion, or 2.88% of gross domestic product, below the EU-limit of 3% and below the government's target of 2.96% of GDP, finance more

01.17.2018

Last year was a year of consolidation for the companies in the portfolio of the investment firm Oresa Ventures, which saw a 15% increase in their revenue compared with 2016. more

01.16.2018

The banking sector paid a total RON20.6 billion to Romania’s state budget between 2012 and 2016, in taxes and contributions, according to a study released Tuesday by the Romanian Banking Association more

01.16.2018

German-held discount store chain Penny Market, which has more than 220 stores in Romania, has budgeted 20 to 25 new stores for 2018, the same expansion rate as in 2017, the company said. more

01.12.2018

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01.10.2018

Romania's government on Wednesday approved the 2018 edition of the state-guaranteed First Home program for first time homebuyers with a total guarantee budget of RON2 billion. more

01.03.2018

Romanian President Klaus Iohannis on Wednesday signed into law the 2018 state budget bill but warned it is vulnerable and keeping the deficit below the EU limit of 3% of GDP will be difficult. more

12.28.2017

Romania's general consolidated budget posted a deficit of RON10.2 billion in January-November 2017, or 1.21% of the gross domestic product (GDP), which proves Romania falls within the deficit target more

12.22.2017

Romanian lawmakers on Friday adopted the country's 2018 state budget, built on an economic growth projection of 5.5%, an average annual inflation rate of 3.1%, and a deficit of 2.97% of GDP. more

12.11.2017

Retailer dm drogerie market plans to open ten new stores in 2018 and has earmarked a more than 28 million lei (EUR6 million) expansion budget. It opened or remodeled 11 stores in the big cities of more

12.07.2017

Romania's parliament standing offices on Thursday approved a timeline for debates and votes on the 2018 state budget bill and a final vote is expected on December 21. more

12.06.2017

Romania's government has approved the 2018 draft budget bill in its Wednesday meeting. more

11.28.2017

Romania's general consolidated budget posted a deficit of RON6.6 billion in January-October 2017, or 0.79% of the gross domestic product (GDP), finance ministry data showed Tuesday. more

11.27.2017

Romania's government will debate the 2018 draft state budget next week, Prime Minster Mihai Tudose said Monday. more

11.15.2017

Romania's government on Wednesday approved this year's second budget revision, still keeping the projected deficit below the EU-limit of 3% of GDP but raising the country's economic growth projection more

11.07.2017

The Monday meeting during which the government was supposed to discuss its proposed tax changes was postponed until Wednesday after it had already been put off Friday until Monday. more

11.06.2017

The investment budget of state-owned railway company CFR SA was cut from RON3.02 billion, as stipulated in the budget version released in March 2017, to RON1.8 billion, as envisaged in the revision of more

11.06.2017

Romania Forecast Commission has published its estimates for 2017-2021 in view of the government drafting the 2018 state budget and sees a gross domestic product of RON907.9 billion next year and more

11.02.2017

Romanian President Klaus Iohannis on Thursday criticized the government's proposed tax measures, warning their implementation would muddle the country's finances and hinder sustainable economic more

10.27.2017

Romanian state-owned railway freight carrier CFR Marfa expects loss of RON137 million in its revised budget of revenue and expenditure for 2017, compared with the initially forecast profit of more

10.25.2017

Romania's general consolidated budget posted a deficit of RON6.8 billion in January-September 2017, or 0.81% of the gross domestic product (GDP), which proves Romania falls within the deficit target more

10.24.2017

Romania registered the highest budget deficit in the European Union, in the second quarter of 2017, of 4.1% of the gross domestic product (GDP), being followed by the United Kingdom, with a deficit of more