Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023
Analysis

Press Review - January 28, 2016

Government Amends Legislation On Sale Of Products And Their Warranty The Romanian government has amended and completed the legislation regarding the sale of products and their warranty, targ...

Ecaterina Craciun · 28.01.2016 · 09:06 · 4 min
Foreign Investors Caught in Low Wage, Underdeveloped Economy Trap
Companies

Foreign Investors Caught in Low Wage, Underdeveloped Economy Trap

The trap of low wages and underdeveloped economy in some of Romania’s counties has finally caught up with the foreign investors who are unwilling to raise the wage level of those counties, m...

Loredana Frățilă-Cristescu · 27.01.2016 · 09:19 · 2 min
Analysis

Press Review - January 27, 2016

Hidroelectrica To Exit Insolvency In March 2016 - Fondul Proprietatea Manager Romania's state owned hydropower producer Hidroelectrica will exit insolvency in March 2016, said Greg Konieczny...

Gabriela Stan · 27.01.2016 · 08:42 · 3 min
Analysis

Press Review - January 26, 2016

WHO: Under-Five Obesity In Developing Countries Increased At An Alarming Rate A recent report of the World Health Organization shows that childhood obesity has doubled since 1990. Childhood...

Ecaterina Craciun · 26.01.2016 · 09:12 · 3 min
IKEA Expands On Three Fronts In Romania
Real Estate

IKEA Expands On Three Fronts In Romania

Sweden’s IKEA only had one store in Romania for eight years, but last spring its strategy changed with investment reaching EUR300 million, according to ZF estimates. The group is pursuing th...

Loredana Frățilă-Cristescu · 25.01.2016 · 10:12 · 2 min
Analysis

Press Review - January 25, 2016

Government Grants Compensations To People Willing To Quit Smoking The Romanian Government included on the compensated list of medicines all sorts of anti-smoking products in order to help pe...

Ecaterina Craciun · 25.01.2016 · 09:04 · 3 min
Low-Cost Airlines Challenge Tarom’s Grip On Domestic Flights
Companies

Low-Cost Airlines Challenge Tarom’s Grip On Domestic Flights

Three low-cost airlines – Blue Air, Wizz Air and Ryanair, are vying for the top spot now held by national airline Tarom and national railroad passenger carrier CFR Calatori on the segment of...

Loredana Frățilă-Cristescu · 22.01.2016 · 10:12 · 2 min
Grocery Retail In Romania; 5% Of Stores Account For More Than Half Of Sales
Retail&Consumer

Grocery Retail In Romania; 5% Of Stores Account For More Than Half Of Sales

Modern retail accounts for less than one quarter of the total number of grocery stores in Central and Eastern Europe, yet it contributes 75% of the total business, according to ZF’s calculat...

Loredana Frățilă-Cristescu · 22.01.2016 · 10:09 · 2 min
Analysis

Press Review - January 22, 2016

President Klaus Iohannis Met With Foreign Ambassadors Accredited To Bucharest Romanian President Klaus Iohannis on Thursday met with the foreign ambassadors accredited to Bucharest, saying h...

Gabriela Stan · 22.01.2016 · 08:50 · 3 min