02.16.2021

Romanians spent nearly EUR2.6 billion on vacations abroad in 2020, which is half the amount spent in 2019, according to central bank data. more

09.11.2016

Romanians spent EUR852 million on trips abroad in January-June 2016, versus EUR856 million in the year-earlier period, according to central bank data. more

04.02.2015

The share capital of Romania’s companies increased by 34% in the past eight years, to almost 300 billion lei in 2014, a period during which the weight of foreign investments rose from 22% of the more

02.17.2015

Foreigners, largely banking groups, at the end of 2014 held around EUR5.8 billion in medium and long-term deposits opened with local banks, 32% below the record high reached in 2011. In 2014 alone, more

01.15.2015

Foreign investors, largely banking groups, had medium and long-term deposits opened with local banks worth EUR5.77 billion at the end of November, the lowest level since the spring of 2009. Against more

12.17.2014

Foreigners, largely banking groups, had medium and long-term deposits opened with local banks worth EUR5.8 billion in late October, 10% below the level of the year-earlier period. October alone saw more

10.16.2014

Foreigners, largely banking groups, in late August held medium and long-term deposits opened with local banks worth EUR6.34 billion, EUR300 million below the level of the year-earlier period. On the more

09.15.2014

The number of foreigners accommodated in hotels and boarding houses was at 840,000 in the first six months, while their expenses totaled RON2.2 billion (EUR500,000), according to statistics institute more

07.15.2014

At the end of April, banks in Romania had medium and long-term deposits set up by non-residents, particularly forms of support from parent banks, worth EUR6.54 billion, which was about EUR90 million more

05.28.2014

Over 20,000 foreigners come to Romania annually for health treatment, especially for aesthetic surgery and dental procedures, and spend more than EUR60 million on healthcare services, accommodation more

09.26.2013

Romania’s government will likely amend next month the Energy Law to allow foreign producers to trade natural gas on the local energy exchange OPCOM, the minister-delegate for Energy Constantin Nita more

11.23.2012

Romanian forests have been very attractive for foreign investors, with the top ten owners by area reaching 134,000 ha, or 2% of the total forest area in the country, according to Business Construct more

08.31.2012

Nearly 800,000 hectares of farmland in Romania, accounting for 6% of the country’s total agricultural area, are exploited by foreign individuals or firms, Florin Marius Faur, head of the regional more

03.26.2012

The money spent by the Ministry of Regional Development and Tourism from 2009 through 2011 in order to develop tourism and get foreigners to come to Romania made no impact on the economy. Central bank more

03.20.2012

Land is Romania's main means of production and a national possession that must not be sold to foreign interests, Laurentiu Baciu, head of agriculture producers' association LAPAR, said in a conference more

02.24.2012

Foreign investors will be able to buy farmland without restrictions as of 2014, given that extending the restrictions would entail a modification of Romania’s EU accession treaty. more

12.19.2011

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11.21.2011

The area of Romanian farmland owned by foreigners increased by over 10% this year to 709,000 hectares from 635,000 hectares in 2010, and 24.29% of it belongs to Italians, Agriculture Minister Valeriu more

05.11.2011

The Romanian Senate on Wednesday adopted a bill whereby foreigners who study in Romania may file requests to prolong their stay to work after finishing their studies, without a long-stay visa being more