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PwC: Romania M&A Market Drops 12% in 2018, to EUR5B
Analysis

PwC: Romania M&A Market Drops 12% in 2018, to EUR5B

Romania's mergers and acquisitions market (M&A) stood at around EUR5 billion in 2018, down 12% compared with 2017, with 173 transactions, according to the PwC Romanian M&A Outlook report rel...

Oana Gavrila · 27.02.2019 · 12:14 · 1 min
Analysis

Press Review - February 27, 2019

Leu Loses Ground Vs Euro, Hits Low vs British Pound The Romanian leu lost 0.05% against the euro Tuesday, standing at 4.7617 units to the euro at midday. The leu hit record lows 11 times thr...

Oana Gavrila · 27.02.2019 · 09:00 · 2 min
Analysis

Press Review - February 26, 2019

Finance Minister Says Tax Decree Helps Local Authorities Tax decree 114 helps local authorities through the Development Fund and it helps the construction sector, finance minister Eugen Teod...

Oana Gavrila · 26.02.2019 · 09:04 · 2 min
Automotive

APIA: Car Sales in Romania Grow 21% on Year in January

Car sales in Romania grew 21.6% in January compared with January 2018, while new car registrations declined 4.6% in the EU, data from the Automotive Manufacturers and Importers Association (...

Oana Gavrila · 25.02.2019 · 16:28 · 1 min
New Commercial Vehicle Registrations in Romania Grow 0.4% in January
Automotive

New Commercial Vehicle Registrations in Romania Grow 0.4% in January

New commercial vehicle registrations in Romania grew 0.4% on the year in January, to 2,476 units, while registrations in the EU grew 6.2% in January, to 199,853 units, data from the Romanian...

Oana Gavrila · 25.02.2019 · 12:25 · 1 min
Analysis

Press Review - February 25, 2019

Three-Month Money Market rate Flat at 3.28% Friday The three-month money market interest rate used to calculate interests for consumer loans in lei remained unchanged at 3.28% Friday, the sa...

Oana Gavrila · 25.02.2019 · 09:00 · 2 min
Analysis

Press Review - February 22, 2019

Basescu Says Iohannis “Obliged To Resend State Budget Bill To Parliament” Former president Traian Basescu believes Romania’s President Klaus Iohannis ought to send the 2019 state budget bill...

Ecaterina Craciun · 22.02.2019 · 09:16 · 2 min
Euler Hermes: Romania Construction Sector Sees Third Consecutive Year Of Decline In 2018
Companies

Euler Hermes: Romania Construction Sector Sees Third Consecutive Year Of Decline In 2018

Romania’s construction sector registered in 2018 the third consecutive year of decline, with a decrease of 4%, and the residential construction segment saw the biggest decline, of 25%, accor...

Ecaterina Craciun · 21.02.2019 · 14:05 · 1 min
Top Brands Supplying Home Appliances to Romanian Consumers: Arctic, Samsung and Philips
Analysis

Top Brands Supplying Home Appliances to Romanian Consumers: Arctic, Samsung and Philips

Romanians spent EUR890 million on home appliances last year and almost 75% of the money went to cooking appliances, washing machines and refrigerators, that is large home appliances.

Loredana Frățilă-Cristescu · 21.02.2019 · 10:27 · 1 min