Analysis
2011 Energy Investments: EUR2B In Wind Parks And First Gas-Fueled Power Station Since ’90
Energy investments completed in Romania in 2011 make it the best of the past 20 years, as the value of new electricity projects is around EUR2 billion.
KPMG: Romania Among States With Highest Social Contribution Rates
Romania ranks among the countries with the highest level of combined employer/employee social contributions on $100,000 of gross income, placing it 18th among 87 states surveyed in the categ...
Black Gold Rush On Black Sea
The success rate for deep hydrocarbon exploration is 10%-20%; the rest is risk in the billions of euros. This year, two international giants and Romania's largest oil and gas producer OMV Pe...
Third Time’s The Charm For Romania’s Energy Sector Reorganization
The government’s latest bid to reorganize the national energy system, through the creation of complexes Oltenia and Hunedoara, is seen by specialists as a better idea than the two previous o...
Solar Power Becomes The New Trend In Renewable Energy
After Dobrogea was invaded by investors who developed or planned to develop wind farm projects (the installed capacity of wind farms in the region nears that of a reactor at the nuclear plan...
Business Vs BNR: Lower Rates Needed To Boost Consumption
Lower interest rates would allow the government to borrow cheaper and implicitly help the economy, but the Romanian central bank (BNR) is more preoccupied with protecting the leu rather than...
BCR Minority Holders Agree In Principle To Capital Boost
Romanian regional investment funds SIFs, minority holders in Banca Comerciala Romana (BCR) agree in principle with a capital increase at the bank, as the move would strengthen BCR’s position...
Retail Networks Push For Expansion After Combined Profit Doubled Last Year
The consumers' lower disposable income, the sales tax increase and the economic crisis are not reflected in the balance sheets of the major retailers operating in Romania. The combined profi...
No Reason For Brewers To Rejoice This Summer As Beer Sales Fell 1%
Beer sales declined 0.7% in June to August compared to the same period of 2010, reveals a ZF analysis of the data provided by the National Statistics Institute (INS).