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Bucharest Residents’ Budget: 70% Of Money Spent On Food, Gas And Utilities
Analysis

Bucharest Residents’ Budget: 70% Of Money Spent On Food, Gas And Utilities

A Bucharest resident spends almost 70% of monthly income on food, utilities, rent and transportation. At the opposite end, less than 2% of the monthly budget of around 2,200 lei (about EUR50...

Catalina Apostoiu · 27.02.2014 · 00:00 · 2 min
Analysis

Press Review - February 26, 2014

Romania's Ruling Coalition Splits As Liberals Pull Out Romania's ruling Social Liberal Union has broken up as leaders of the Liberal Party resolved to recall its ministers from the Cabinet i...

Oana Gavrila · 26.02.2014 · 09:00 · 3 min
Analysis

Press Review - February 25, 2014

PM Victor Ponta Dismissed Three Liberal Government Officials Monday Victor Ponta on Monday dismissed two state secretaries and the head of the consumer protection authorities, all liberals o...

Oana Gavrila · 25.02.2014 · 09:00 · 2 min
Italians Own 220,000 Ha Of Farmland In Romania
Companies

Italians Own 220,000 Ha Of Farmland In Romania

Italian investors control farms operating lands with an overall area of around 220,000 hectares in Romania, namely a quarter of the total area held by foreign players in the agricultural fie...

Catalina Apostoiu · 25.02.2014 · 00:00 · 3 min
Deloitte: Romanian CFOs Would Rather Reshape Business Than Invest
Analysis

Deloitte: Romanian CFOs Would Rather Reshape Business Than Invest

The number one priority of most chief financial officers of companies in Romania is achieving revenue growth in current and new markets followed by cutting costs and they prefer restructurin...

Oana Gavrila · 24.02.2014 · 11:10 · 2 min
Analysis

Press Review - February 24, 2014

Romania's Ruling Social Liberal Union On The Verge Of Collapse Romania's ruling alliance is on the verge of collapse as liberals threaten to leave the Cabinet unless their minister nominees...

Oana Gavrila · 24.02.2014 · 09:00 · 2 min
Two Romanian Brands Battle RedBull And Burn On EUR90M Energy Drink Market
Retail&Consumer

Two Romanian Brands Battle RedBull And Burn On EUR90M Energy Drink Market

The energy drink segment, which doubled its value in 2005-2010 and faltered starting 2011, is likely to return to growth this year after several years of stagnation, shows a ZF survey based...

Catalina Apostoiu · 24.02.2014 · 00:00 · 2 min
Analysis

Press Review - February 21, 2014

187 Stray Dogs In Bucharest Euthanized Since Wednesday A total 187 stray dogs held at Bucharest city hall pounds have been euthanatized since Wednesday, February 19. Razvan Bancescu, project...

Ecaterina Craciun · 21.02.2014 · 07:38 · 2 min
Strongest Real Estate Players In Romania, EUR315M In Revenue In 2013
Real Estate

Strongest Real Estate Players In Romania, EUR315M In Revenue In 2013

Seven real estate groups, three of which are Romanian-held, in 2013 generated revenue of almost EUR315 million from operating the malls or office buildings they own, up 12.3% year-on-year, a...

Catalina Apostoiu · 21.02.2014 · 00:00 · 3 min