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Cigarettes Make Up Almost Half Of Traditional Retail’s Revenue
Retail&Consumer

Cigarettes Make Up Almost Half Of Traditional Retail’s Revenue

The bulk of the revenue of traditional retailers in Romania, almost 46%, comes from sales of cigarettes. Non-food consumer goods except cigarettes account for merely 7.6% in the sales, which...

Cristina Roșca · 29.12.2011 · 16:03 · 1 min
Romania Winds Up 2011 With 1,000 MW From Turbines
Energy

Romania Winds Up 2011 With 1,000 MW From Turbines

The capacity of operational wind farms in Romania has reached this year 1,009.5 MW, 40% higher than the capacity of reactor of the Cernavoda nuclear plant. Investments exceeded EUR1.5 billio...

Roxana Petrescu · 29.12.2011 · 14:42 · 1 min
Which Companies Could Bring Investors Yields Higher Than Bank Interests
Capital Market

Which Companies Could Bring Investors Yields Higher Than Bank Interests

The most profitable state-run companies on the Bucharest stock exchange--Transgaz Medias (TGN.RO), Conpet Ploiesti (COTE.RO) and this year Transelectrica (TEL.RO) as well--could pay dividend...

Andrei Chirileasa · 28.12.2011 · 18:00 · 2 min
Top 10 Most Important Percentages In 2011 For The Romanian Economy
Analysis

Top 10 Most Important Percentages In 2011 For The Romanian Economy

0.5% The cap on the structural fiscal deficit that Romania will commit to under the Fiscal Pact to be signed by European Union countries. The structural deficit is the budget deficit adjuste...

Daniela Stoican · 28.12.2011 · 16:21 · 3 min
FOCUS: Romania’s New Tax Code Takes Effect On January 1
Macroeconomics

FOCUS: Romania’s New Tax Code Takes Effect On January 1

Raising the excise tax on diesel oil and property taxes for companies that failed to reevaluate their buildings over the past years are some of the provisions stated in Romania’s new Tax Cod...

Ioana Tudor · 27.12.2011 · 13:18 · 2 min
Top 10 Events On The Stock Exchange In 2011
Capital Market

Top 10 Events On The Stock Exchange In 2011

One step forward, one step back. This is as good of a summation as any when it comes to the evolution of the Bucharest Stock Exchange in 2011. The market witnessed quite a few big events thr...

Andrei Chirileasa · 23.12.2011 · 00:00 · 9 min
Romania Spends On Thumbtacks As Much As On Investments
Social/Politics

Romania Spends On Thumbtacks As Much As On Investments

The Romanian state’s goods and services expenditure equal investment expenses, while the situation is different when it comes to EU-funded contracts, which proves European norms impose great...

Ioana Tudor · 21.12.2011 · 14:48 · 2 min
Top Ten Events In Agriculture Business In 2011
Companies

Top Ten Events In Agriculture Business In 2011

Romania had its best agricultural year of the last five years, and grain traders moved fast consolidating their business through acquisitions. Next year looks like it will be difficult becau...

Gabriel Razi · 21.12.2011 · 00:00 · 4 min
Top Ten Road Infrastructure Contracts: Money Goes To Construction, Rather Than Upgrades
Automotive

Top Ten Road Infrastructure Contracts: Money Goes To Construction, Rather Than Upgrades

The ranking of the top ten infrastructure projects awarded this year shows that the Transport Ministry is finally prioritizing spending and moving money from road repairs to highway construc...

Loredana Frățilă-Cristescu · 20.12.2011 · 14:12 · 4 min