Analysis
Press Review - July 7, 2017
Biggest Textile Industry Employer In Vaslui Threatens To Close Plant The PSD (Social Democrat Party) government’s intention to raise the minimum wage by 38% as of next year (from 1,450 lei o...
C&W Echinox: Romania Ranks Second In Europe By Food & Beverage Consumption Growth
Romania ranks second in Europe, after Turkey, by growth and growth potential in the Food & Beverage (F&B) sector, including consumption in restaurants, fast food units, cafes, tea shops and...
Press Review - July 6, 2017
Hidroelectrica Gets New General Manager The board of Romanian hydropower producer Hidroelectrica appointed Bogdan Badea as its new chairman. Badea was a manager at Hidroelectrica and a forme...
Foreign Investors Council: Predictability Is Crucial to Economic Development
The Foreign Investors Council (FIC) is worried by the substantial changes to the governing program and believes that such radical changes, announced at very short notice, can have a destabil...
Housing Prices in Romania Grow 7% in 1H; Cluj Posts Highest Growth
The price of housing in Cluj-Napoca posted the biggest growth in the first half of the year, of 10%, while capital Bucharest posted the smallest growth, of 5.4%, according to an index of rea...
Survey: 70% of Romanians Feel Their Tax Money Is Wasted
Seven in ten Romanians are of the opinion that most money collected from taxes are spent unjustifiably and money saved from fighting tax evasion should be spent on education, heath care and...
Press Review - July 5, 2017
Anticorruption Chief Gets Two Prosecutors Revoked The High Council of Magistrates prosecutors' unit has approved the anticorruption chief's request to revoke prosecutors Doru Tulus and Mihae...
Coface: One Third of Companies in Romania Risk Insolvency
The local business environment in Romania has lost at least 10,000 companies since 2008 and 15% of companies with turnovers higher than EUR1 million, while one third of existing companies ri...
Romania, Bulgaria Rank Last in EU by Resource Productivity
Romania (EUR0.70/kg) and Bulgaria (EUR0.68/kg) rank last among European Union member states by resource productivity, data from the EU statistical office Eurostat showed Tuesday.