Analysis
Cement Market Continues Decline As Investments In Infrastructure Dwindle
Autumn did not come with the expected thawing of the Romanian cement market, so after the 2011 rise and the 2012 stagnation Romanian cement production will decline again this year, writes Bu...
Romanians Work 6 Days Per Month To Pay Income Taxes, Social Security Contributions
Romanians work about six days per month only to pay income taxes, similar to Czechs, according to a survey conducted by research company Accace.
Press Review - December 11, 2013
Romania’s Revenue Collections At RON159.6B In Jan-Nov Romania’s state revenue collections amounted to 159.594 billion lei (EUR35.8 billion) in the first eleven months of 2013, up 3.67% on th...
Press Review - December 10, 2013
Romania’s Parliament To Vote On New Mining Bill Tuesday Romania’s Chamber of Deputies will debate and vote on the country’s new mining bill Tuesday. The normative act was drawn up the ruling...
Unplanned Power Supply Shutoff In Romania Exceeded 10 Hours In 2012
Electricity supply in Romania was shut off for an average of ten hours and a half last year, almost one and a half hours more than in the previous year, and affected about 9 million consumer...
Press Review - December 9, 2013
Adrian Trif Reelected Head Of PDL Harghita Adrian Trif has been reelected head of the Democratic Liberal Party’s branch in Harghita. Trif said he hopes right-wing parties will elect a common...
Bankers No Longer Top Earners In Romania
Bankers have been demoted from among the top earners in the Romanian economy in 2012, after they had dominated the ranking of salary earnings during the years of economic growth.
Press Review - December 6, 2013
ECB Keeps Key Rate Unchanged At Record Low The European Central Bank (ECB) Thursday kept its key interest rate unchanged at a record low of 0.25%, holding back for now on further moves to bo...
Price Increases Main Cause Of Stress Among Romanians
About 64% of Romanians say they are stressed and price increases are the main cause of worry, according to a survey conducted by Daedalus Millward Brown.