Analysis
Romania July Retail Sales Rise At 2nd Fastest Pace In EU - Eurostat
Romanian retail sales posted the second largest increase in the European Union in July compared with the previous month, official data showed Monday.
Litigations, The Main Growth Driver For NNDKP Law Firm
NNDKP, the firm founded in the early ‘90s by lawyers Ion and Manuela Nestor, 58, generated 25% higher revenues in the first half of this year. Litigations are currently the main growth drive...
State Readies To Bid Adieu To Fondul Proprietatea
Once the Romanian state uses up the stake it has left in Fondul Proprietatea (FP.RO) on compensations, which is expected to happen by yearend, the influence of the Fund’s manager, U.S. group...
VAT Revenues Climb Nearly 30% In July, Slowdown Sure To Follow
Value added tax revenue surprisingly rose by 29.2% in July compared to July 2010, to RON4.2 billion (EUR0.99 billion), but the pace will most likely see a significant slowdown starting in Au...
Private Management In State-Owned Companies, The Second Revolution
Removing companies from political influence and making them efficient by putting experienced managers from the private sector in charge will be a shock for the economy as the Revolution of 1...
Romania 1H Net Investment -6.3% On Year To RON22.7B
Romanian net investments fell 6.3% to 22.7 billion lei (EUR5.4 billion) in the first half from the year-earlier period, due to falling activity in most sectors, the country’s statistics inst...
KPMG: Romanian Companies See Wider Fraud Amid Crisis
The global economic crisis has brought about an increase in fraud for most Central and Eastern Europe states, including Romania, over the past two years, according to a survey by audit and c...
Will BNR Start Cutting Its Key Rate? Barclays Says Yes, ING Believes Expectations Are Wrong
The falling inflation, disappointing economic growth and the risk outlooks for 2012 will make a case for the Romanian central bank (BNR) to give a monetary policy easing signal at the Septem...
Romania Economic Sentiment Dips In August - Survey
Romania’s economic sentiment index fell 1.3 points to 92.3 in August, due to investor pessimism in most sectors, a widely watched European Commission monthly survey showed Tuesday.