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OMV Petrom Reclaims Top Spot Among 100 Most Valuable Companies In Romania
Analysis

OMV Petrom Reclaims Top Spot Among 100 Most Valuable Companies In Romania

OMV Petrom returned to the top spot among the 100 most valuable companies in Romania in 2018, with a value of EUR4.7 billion, 35% higher than at the previous edition.

Loredana Frățilă-Cristescu · 23.11.2018 · 00:00 · 1 min
Analysis

Press Review - November 22, 2018

Romania Must Recoup Lags Before Joining Euro Area Workforce shortage, unsustainable economic growth and a series of incoherent policies will keep Romania away from euro accession for at leas...

Oana Gavrila · 22.11.2018 · 09:17 · 3 min
European Commission Urges Romania to Adjust Ballooning Public Deficit
Macroeconomics

European Commission Urges Romania to Adjust Ballooning Public Deficit

Romania's public deficit is seen reaching 3.3% of gross domestic product this year and the European Commission recommends an annual structural adjustment of at least 1% of GDP in 2019.

Oana Gavrila · 21.11.2018 · 16:30 · 1 min
Analysis

Press Review - November 21, 2018

President Rejects Proposals For New Labor And Transportations Ministers Romanian President Klaus Iohannis announced on Tuesday that he rejected two of the Social Democrat Party’s (PSD) eight...

Ecaterina Craciun · 21.11.2018 · 08:58 · 3 min
Analysis

Press Review - November 20, 2018

Romanian Leu Loses Ground vs Euro The Romanian leu on Monday lost 0.02% on the day to the euro, standing at a reference rate of 4.6650 units, central bank data showed. On Friday, the leu's r...

Oana Gavrila · 20.11.2018 · 09:18 · 2 min
Top 100 Most Valuable Companies In Romania Valued At EUR78.8B In 2018
Analysis

Top 100 Most Valuable Companies In Romania Valued At EUR78.8B In 2018

The most valuable 100 companies and banks in Romania were appraised at 367.6 billion lei (EUR78.8 billion) in 2018, up 9% in euros over last year’s top 100.

Loredana Frățilă-Cristescu · 20.11.2018 · 00:00 · 2 min
KPMG: Romania Remains an Attractive Real Estate Market for Investors
Real Estate

KPMG: Romania Remains an Attractive Real Estate Market for Investors

Romania remained an attractive real-estate market for existing and new investors in the CEE region, fueled by consumer demand and increasing purchasing power, with the retail and office sect...

Oana Gavrila · 19.11.2018 · 14:10 · 4 min
Analysis

Press Review - November 19, 2018

Romania's Government Debt Inches Down in Jan-Aug Romania's government debt inched down in the first eight months of the year, to 34.7% of the gross domestic product from 35.1% of GDP end-Dec...

Oana Gavrila · 19.11.2018 · 09:16 · 1 min
Entrepreneurial Businesses Gain Ground On Romania’s Coffee Shop Market
Analysis

Entrepreneurial Businesses Gain Ground On Romania’s Coffee Shop Market

The café market in Romania, a market about which few statistical data are available, is dominated by several international names – Starbucks, McCafé (a division of McDonald’s), Gloria Jean’s...

Loredana Frățilă-Cristescu · 16.11.2018 · 10:26 · 1 min