Analysis
EC Lowers Romania's GDP Growth Estimate to 3.6% in 2018 from 4.5%
The European Commission has lowered its economic growth projection for Romania to 3.6% for 2018 from a previous forecast of 4.5%, it said in its fall economic forecast released Thursday.
Press Review - November 8, 2018
Romanian Leu Firms Vs Euro The Romanian leu firmed against the euro Wednesday, standing at 4.6617 lei/euro at midday, 0.05% higher compared with Tuesday. On Tuesday, the leu stood at 4.6640...
Press Review - November 7, 2018
Leu Loses Ground Vs Euro The Romanian leu lost ground against the euro on Tuesday, standing at 4.6640 units to the euro at midday, 0.02% lower compared with Monday's reference rate. On Monda...
AmCham: Investments Not a Priority For Romanian Government in 2018
Romania's budgetary execution in the first nine months of 2018 indicates that the implementation of the investment plan is not a priority this year either, AmCham Romania, an organization co...
How Romania’s Ice Cream Market Changed In 20 Years
Romania’s ice cream market, put at EUR200 million, has undergone a series of significant changes over the past two decades, from entry of new players to acquisitions among the companies alre...
Press Review - November 6, 2018
Leu Firms Vs Euro The Romanian leu continued to firm against the euro for the third day running, standing at 4.6612 units/euro at midday Monday. On Thursday, the leu firmed to 4.6639 units a...
Press Review - November 5, 2018
Finance Minister Threatens to Dismiss Tax Agency Head Finance minister Eugen Teodorovici threatened to dismiss the head of the tax administration ANAF unless things change. “Regarding ANAF's...
Top 30 Call-Center Operators Posted RON1.5B Revenue In 2017
The 30 largest call-center companies in Romania generated 1.5 billion lei (EUR332 million) revenue together in 2017, up 15% over 2016.
Press Review - November 2, 2018
EBRD Lowers Romania's Economic Growth Projection to 4.2% in 2018 The European Bank for Reconstruction and Development (EBRD) has lowered its economic growth projection for Romania to 4.2% in...