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Wind Farm Capacity Seen Double By 2014, Solar Power Projects Most Popular Now
Energy

Wind Farm Capacity Seen Double By 2014, Solar Power Projects Most Popular Now

The capacity of the operational wind farms in Romania might double by the end of 2014, from the current 1,390 MW, which cost about EUR2 billion. Although this is a significant leap from the...

Radu Bostan · 05.09.2012 · 00:00 · 2 min
Over 1.5 Million Romanians Vacationed On Local Black Sea Coast This Summer, Spent EUR270M
Retail&Consumer

Over 1.5 Million Romanians Vacationed On Local Black Sea Coast This Summer, Spent EUR270M

Over 1.5 million Romanian tourists vacationed on the local Black Sea coast this summer, 15% more than last year, and spent around EUR270 million, according to the Federation of Employers in...

Oana Gavrila · 04.09.2012 · 12:00 · 1 min
Romania Pays More For Diesel Than Luxembourg Despite Eight Times Lower Wages
Automotive

Romania Pays More For Diesel Than Luxembourg Despite Eight Times Lower Wages

One liter of diesel oil in Romania was more expensive at the end of last month than in Luxembourg, despite the fact that a Luxembourger makes almost EUR2,300 per month, while an average Roma...

Radu Bostan · 04.09.2012 · 00:00 · 2 min
Survey: Romanian Employees Under More Stress Because Of Financial Situation
Social/Politics

Survey: Romanian Employees Under More Stress Because Of Financial Situation

Romanian employees are under more and more stress, the majority (63%) citing their personal financial situation as the cause, says a study by office supplier Regus.

Radu Bostan · 03.09.2012 · 13:28 · 1 min
ZF Real Estate Index Down Again
Real Estate

ZF Real Estate Index Down Again

The average asking price for old three-room apartments in Bucharest reached EUR76,350, more than EUR1,700 less than at the end of last year, according to the real estate index calculated by...

Oana Gavrila · 03.09.2012 · 00:00 · 1 min
Power Connection In Romania May Take Up To 223 Days, Only 130 Days In Bulgaria
Energy

Power Connection In Romania May Take Up To 223 Days, Only 130 Days In Bulgaria

In Romania, in order to connect to the electricity distribution system, an entrepreneur with a warehouse located in Bucharest has to wait 223 days, according to the World Bank's survey on ho...

Oana Gavrila · 03.09.2012 · 00:00 · 3 min
Stock Exchange In August: Big Rises, Small Volumes
Capital Market

Stock Exchange In August: Big Rises, Small Volumes

The shares of four of the five regional investment companies SIFs and of Banca Transilvania (TLV.RO) in August brought investors gains ranging between 9% and 13% although the month was one o...

Oana Gavrila · 03.09.2012 · 00:00 · 2 min
Cold Winter And Hot Summer Boost Electricity Consumption
Energy

Cold Winter And Hot Summer Boost Electricity Consumption

Electricity consumption, which generally signals the evolution of the whole economy, saw a slight decline between January and July, and the only period when the indicator was significantly h...

Ecaterina Craciun · 31.08.2012 · 10:00 · 2 min
Companies

Deloitte Study: Romania Has 37 Companies In Regional Top 500

Romania has 37 companies in the Central European top 500 by turnover in 2011, according to a study by Deloitte.

Radu Bostan · 30.08.2012 · 13:27 · 1 min