Analysis
Companies in Romania Took EUR11B Loans Directly From Foreign Banks
Companies in Romania had EUR11 billion loans taken out directly from banks abroad, mostly from Germany and Austria, at the end of last year, according to Romania’s central bank (BNR) data.
Banks Amass RON500M Net Profit In 2 Months Despite Still Frozen Lending
The banking system posted cumulated net profit of around 500 million lei (EUR112 million) at the end of February, slightly higher than the gain for the entire 2013, though bankers complained...
Press Review - April 16, 2014
Romania To Introduce Tax Exemption On Reinvested Profit As Of July 2014 According to a draft law drawn up by the government, Romania will introduce a tax exemption on reinvested profit star...
Press Review - April 15, 2014
Eurostat: Romania February Industrial Output Falls At 3rd Fastest Pace In EU Romania’s industrial production fell 1.3% on the month in February, the third largest decrease in the European Un...
Nearly 85% Of Romanians Will Spend Easter At Home And Assign RON359 On Holiday Shopping
Nearly 85% of Romanians in urban areas will spend Easter at home with family and friends and will spend an average RON359 on Easter shopping, according to a survey by MEDNET Marketing Resear...
Press Review - April 14, 2014
UK Ambassador To Romania Praises Anticorruption Institutions Speaking in an interview for PRO TV, UK Ambassador to Romania Martin Harris praised the activity of the National Anticorruption...
Weekly Export Risk Outlook, April 11
Election results in Hungary indicates economic policies will continue, writes Euler Hermes in this week's export risk outlook.
Press Review - April 11, 2014
President Traian Basescu Supports Continued CVM Monitoring Romanian President Traian Basescu said in a meeting with ambassadors he supports the continued utilization of the EU's Cooperation...
Small Merchants Enter Under Franchise Umbrella Or Get Specialized
Amid the aggressive expansion of international chains, Romanian small merchants are pushed either to join them in a franchise system, or get specialized after the model of developed countrie...