Analysis
FP: Sovereign Fund Bill Leaves State Companies at the Discretion of Political Interference and Abuse
Investment fund Fondul Proprietatea (FP) said in a statement Wednesday it was highly concerned by the bill setting up the general framework applicable to the Sovereign Fund for Development a...
Press Review - October 3, 2018
Offshore Bill Modified By MP Committee, Sets Higher Tax Rates For Additional Income Romanian Lower Chamber MPs modified on Tuesday several provisions of the pending bill which regulates Blac...
Press Review - October 2, 2018
Social Democrat Head Changes Stance On Justice Minister Shuffling Social democrat head Liviu Dragnea has changed his statements regarding a potential reshuffling of Justice minister Tudorel...
Press Review - October 1, 2018
Social Democrat Leader Announces Cabinet Reshuffling Liviu Dragnea, leader of the ruling Social Democratic Party (PSD), said the minister assessment process is underway and a meeting of the...
Press Review - September 28, 2018
Leu Loses Ground Vs Euro The Romanian leu depreciated further against the euro Thursday, to a midday reference rate of 4.6647 lei/euro, down 0.09% from Wednesday's rate of 4.6605 lei/euro....
C&W Echinox: Over 60 Ha of Land Transacted in Bucharest in Jan-Sept
Land in Bucharest continued to attract the interest of real estate developers this year and lots with a total surface of over 60 hectares were transacted in the first nine months, allowing t...
Press Review - September 27, 2018
ALDE Head Firmly Disagrees With Reshuffling Justice Minister The chairman of Romanian ruling coalition party ALDE, Calin Popescu Tariceanu, said Wednesday in Parliament that he „highly” appr...
Total Revenue Of Companies In Romania Overshot EUR300B Mark In 2017
The revenue of companies in Romania rose 8% to 1,401 billion lei (EUR305 billion) in 2017, the highest level ever for the local business sector, both in lei and in euros.
Foreign Investors: Romania No Longer Competitive in Workforce Availability
Romania is no longer competitive in terms of the availability of adequate workforce, a majority of respondents said in a survey carried out in September by the Foreign Investors Council (FIC...