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PwC: Private Sector Wages Rose by 4.1% on Average This Year
Analysis

PwC: Private Sector Wages Rose by 4.1% on Average This Year

Salaries in the private sector in Romania grew by 4.1% on average this year, similar to last year, according to a study released Thursday by PwC.

Oana Gavrila · 01.10.2015 · 12:30 · 1 min
Companies

Number Of New Foreign-Held Companies At Ten-Year Low

Foreign investors established fewer than 6,100 companies in the past year (August 2014 – August 2015), the lowest number in a decade, according to Trade Registry data.

Loredana Frățilă-Cristescu · 01.10.2015 · 10:52 · 1 min
Analysis

Press Review - October 1, 2015

EC To Assess Romania's Economic And Fiscal Situation Until May 2018 The European Commission will monitor Romania's economic, fiscal and financial situation until May 2018, following the end...

Gabriela Stan · 01.10.2015 · 08:35 · 3 min
Lack Of Infrastructure Investment Keeps Moldavia Trapped In Textile Industry
Analysis

Lack Of Infrastructure Investment Keeps Moldavia Trapped In Textile Industry

The lack of infrastructure investments has isolated Moldavia from the rest of Romania so it is now captive in the hands of textile, apparel and footwear manufacturers who pay wages of around...

Loredana Frățilă-Cristescu · 30.09.2015 · 10:38 · 4 min
Analysis

Press Review - September 30, 2015

Romanian Cabinet Stays In Office As Parliament Rejects No-Confidence Motion Romanian Prime Minister Victor Ponta's Cabinet has survived a no-confidence vote in Parliament Tuesday, a motion p...

Gabriela Stan · 30.09.2015 · 08:53 · 3 min
Romania’s Ship Exports Up 23% To Almost EUR350M In 1H
Analysis

Romania’s Ship Exports Up 23% To Almost EUR350M In 1H

The ship exports of Romania’s shipyards rose 23% to EUR346.1 million in the first half, according to the National Statistics Institute data.

Loredana Frățilă-Cristescu · 30.09.2015 · 00:00 · 1 min
Analysis

Press Review - September 29, 2015

PM Victor Ponta Faces No-Confidence Motion Tuesday Romanian Prime Minister Victor Ponta, indicted for corruption, faces a no-confident vote in Parliament Tuesday. This is the fourth no-confi...

Oana Gavrila · 29.09.2015 · 09:00 · 2 min
Private Labels Account For 20% Of Food Market In Romania
Retail&Consumer

Private Labels Account For 20% Of Food Market In Romania

Private labels now account for one fifth of the food market, but these products that retailers developed to take on established brands have yet to become important on such segments as bevera...

Loredana Frățilă-Cristescu · 29.09.2015 · 06:00 · 2 min
Kingston: UBS Flash Drive Sales Continue To Rise
Technology &Telecoms

Kingston: UBS Flash Drive Sales Continue To Rise

The local market of USB flash drives is estimated at more than one million units and still growing despite other storage and data transfer options becoming available in the last few years, s...

Loredana Frățilă-Cristescu · 29.09.2015 · 06:00 · 3 min