Analysis
Bad Loans Bring Romanian Banking System Loss To RON2.1B
In the past three years banks in Romania have piled up losses of 3.4 billion lei (EUR773 million) as one fifth of loans were not performing.
E&Y: Only Half Of Romanian Entrepreneurs Are Highschool Graduates
Only 53.3% of entrepreneurs in Romania are college graduates or have highschool diplomas, and entrepreneurial education was introduced in highschools starting 2010 aiming to show entrepreneu...
Romania's Medicine Market Up 3.1% To EUR2.63B In 2012
The Romanian medicine market reached EUR2.63 billion in 2012, up 3.1% from 2011, according to market research company Cegedim Romania.
EWEA: Romania To Become Top User Of Wind Energy In Europe
Romania’s wind energy sector has one of the fastest growth rates in the European Union and the country is poised to become one of the leading users of wind power in the old continent, a repo...
Bucharest Apartment Rents Higher Than Monthly Mortgage Payments - Survey
Monthly apartment rents in Bucharest are generally higher than monthly mortgage payments, and the difference is 40% in some areas in the Romanian capital, according to website anunturipartic...
Isarescu: Banks Still Very Much Stuck In Consumer Lending
The major problem of banks in Romania is that they are very much stuck in consumer lending and have not developed their capability to finance the entrepreneurial sector, believes central ban...
KPMG: Relatively Low Profit Tax Makes Romania Attractive To Investors
Romania has a relatively low tax on profit, of 16%, compared to the United Arab Emirates, which claimed the highest corporate tax rate (55%) last year, but needs to improve its fiscal stabil...
Around 90,000 Companies Went Insolvent Since 2008
Romania’s Trade Registry on Thursday said around 90,000 companies went insolvent since the start of the economic crisis, in 2008.
High Social Security Contributions Put Romania At A Disadvantage To Bulgaria
Cutting social security contributions is a way to stimulate the economy, given that Romania has remained one of the countries with the highest levels of social security contributions, 44.45%...