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Nearly One Third Of Romanian Internet Users Shop Online - GfK Survey
Retail&Consumer

Nearly One Third Of Romanian Internet Users Shop Online - GfK Survey

Nearly 30% of Romanian internet users in urban areas have shopped online during the past year, and the bulk of online shoppers are aged 18-24, according to a survey by market research compan...

Oana Gavrila · 06.12.2011 · 12:10 · 1 min
A Quarter Of Homes Have Boilers, Suppliers Await Heating Subsidy Cuts To Get New Clients
Energy

A Quarter Of Homes Have Boilers, Suppliers Await Heating Subsidy Cuts To Get New Clients

On the Romanian market, there are just 2 million boilers and 8.4 million homes, writes Business Construct in its December issue.

Daniela Stoican · 06.12.2011 · 00:00 · 4 min
Top Companies On Stock Market Have Cash Reserves Of Over EUR900M
Capital Market

Top Companies On Stock Market Have Cash Reserves Of Over EUR900M

The sovereign debt crisis caught the most important 50 companies on the Bucharest Stock Exchange with cash reserves that stood at 4 billion lei (EUR910 million) on September 30. Their short-...

Loredana Frățilă-Cristescu · 05.12.2011 · 00:00 · 1 min
Monetary System Independence, Major Advantage For Romania
Macroeconomics

Monetary System Independence, Major Advantage For Romania

In Romania for one day at Ziarul Financiar’s invitation, Financial Times columnist Wolfgang Munchau, said that it was important for Romania to keep its goal to join the euro zone but only wh...

Loredana Frățilă-Cristescu · 01.12.2011 · 23:22 · 2 min
Social/Politics

Romania Ranks 75Th In Transparency International Corruption Perception Index

Romania is ranked 75th in the 2011 Transparency International corruption perception index, with 3.6 points, on a par with China, and down six positions compared to last year.

Oana Gavrila · 01.12.2011 · 10:27 · 1 min
Companies

Top 100 Most Valuable Companies In Romania

Petrom, Hidroelectrica, Orange, Romgaz, and Vodafone are the most valuable Romanian companies, worth a total EUR15 billion, EUR10 billion less than in 2007, the peak year for local business.

Daniela Stoican · 30.11.2011 · 23:25 · 1 min
FOCUS: Transylvania Highway May Be Completed Only In 2026
Analysis

FOCUS: Transylvania Highway May Be Completed Only In 2026

Romania’s Transylvania Highway will be completed in 2020 at the earliest but works may take as long as until 2026, 22 years after they began and with costs that have long exceeded initial es...

Oana Gavrila · 29.11.2011 · 14:34 · 3 min
Trade Registry: Companies With A Total RON12.7B In Sales Went Insolvent In Jan-Oct
Analysis

Trade Registry: Companies With A Total RON12.7B In Sales Went Insolvent In Jan-Oct

Companies that went insolvent in Romania by the end of October this year have a cumulated turnover of 12.7 billion lei (some EUR3 billion), compared to RON15.7 billion in the same interval o...

Andrei Cîrchelan · 28.11.2011 · 12:53 · 1 min
Macroeconomics

Managers Expect Increase In Retail, Declines In Constructions and Services In Winter Season

Companies expect retail to see a moderate increase, industry to stabilize, and services and construction to decline between November 2011 and January 2012, the statistics institute INS said...

Andrei Cîrchelan · 28.11.2011 · 10:04 · 1 min