Analysis
KeysFin: Romanian Software Market Tops EUR5.4B in 2018
Over 17,000 software companies operating in Romania will exceed EUR5.4 billion in total turnover in 2018, according to a report released Thursday by KeysFin.
Romania Had Second Lowest Tax-to-GDP Ratio in EU in 2017, of 25.8%
Romania had a tax-to gross domestic product ratio of 25.8% in 2017, the second lowest level among European Union member states, down from 26.5% in 2016, Eurostat data showed.
Press Review - November 29, 2018
Environment Minister Announces New “Green House” Program Environment minister Gratiela Gavrilescu said the ministry is considering a new energy efficiency program for homeowners seeking to i...
Restaurant, Bar and Catering Companies in Bucharest Posted RON4.7B Revenue in 2017
The companies operating on the restaurant, bar and catering services market in Bucharest posted 4.7 billion lei (over EUR1 billion) revenue and total net profit of half a billion lei last ye...
Romania Durable Goods Market Grows 17% in Jan-Sept, to EUR2.2B
The Romanian durable goods market grew 17% on the year in the first three quarters, to EUR2.2 billion, an analysis by GfK showed Wednesday.
Press Review - November 28, 2018
Romanian Finance Minister Proposes Limit to Labor Rights Within EU Romanian finance minister Eugen Teodorovici said Tuesday he proposed his counterparts from other EU member states a five-ye...
Press Review - November 27, 2018
Senate Approves New Pension Bill The Romanian Senate approved on Monday a pensions bill adopted by the Government in October, following two previous failed votes due to a lack of quorum. The...
Press Review - November 26, 2018
Opposition To Submit No-Confidence Motion by Year-End Romania's opposition liberal party is negotiation with MPs of the ruling social democrats to secure backing for a no-confidence motion t...
Press Review - November 23, 2018
Romania Risks Entering Recession Romania's economic growth has slowed and the country is on the brink of recession as the trade balance grows wider and the country risks exceeding the budget...