Analysis
Travel Agencies Expect Higher Revenue In 2013
The largest travel agencies in Romania budgeted rising revenue for this year, which means Romanians are traveling more.
Press Review - June 3, 2013
Former Foreign Minister Teodor Baconschi Quits PDL Romanian former Foreign Affairs minister Teodor Baconschi quit the Democratic Liberal Party (PDL) arguing that party leaders have never rea...
Deposits At Foreign Banks Dwindled In 1Q In Romania Amid Cyprus Crisis Woes
Deposits in local branches of foreign banks have declined in the first quarter of the year to 6.49% from 6.76%, as people pulled their money following the crisis triggered mid-March in Cypru...
Press Review - May 31, 2013
Roads Authority Employees To Stage Go-Slow Over Pay Monday The employees of Romania’s national roads authority CNADNR said they would stage a go-slow Monday, June 3, in revenge for planned w...
80% Of Romania Savings Deposited In Ten Banks
The top ten banks by the volume of deposits held 80% of individuals’ and companies’ savings, with the cumulated value of resources attracted at 173 billion lei (EUR39 billion).
Press Review - May 30, 2013
Energy Certificates Required In Romania Home Deals Starting July 20 Romanians who want to sell or rent their homes will be obliged starting July 20 to present the building’s energy efficienc...
Romanian Pharmaceutical Market Up 4.3% In 1Q, To Over RON3B
Romania’s pharmaceutical market reached sales of 3.05 billion lei (EUR696.6 million) in the first quarter of 2013, up 4.3% on the year but down 2.5% on the quarter, according to market resea...
Press Review - May 29, 2013
Asphalt Resurfacing Ongoing On Arad-Timisoara Highway Asphalt resurfacing works on the highway liking the western Romanian cities of Arad and Timisoara, which was opened to traffic in Decemb...
Press Review - May 28, 2013
Opposition PDL Urges Ruling USL To Extend Tax Deadline For Farmers Romania’s opposition Democratic Liberal Party (PDL) has called on the ruling Social Liberal Union to extend the filing dead...