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Banks-Insurance

Hundreds Of Romanians Are Shareholders Of BMW, Mercedes, Orange, Louis Vuitton Without Knowing It

Eight out of the nine privately-managed mandatory pension funds (2nd pillar) have for the first time since their launch published a detailed structure of their investments.

ZF English · 05.05.2011 · 08:50 · 1 min
Macroeconomics

Eurostat: Romania March Retail Sales Rise At 2nd Fastest Pace In EU

Romanian retail sales rose 0.8% on the month in March, the second largest increase in the European Union, official data showed Wednesday.

Florentina Dragu · 04.05.2011 · 12:46 · 1 min
Analysis

Oxford Economics Rises Romania GDP Forecast To +1.2% In 2011

Oxford Economics has revised upward its forecast on Romanian economic growth to 1.2% in 2011 from 0.1% previously, saying it expects higher exports and improved performance in industry.

Florentina Dragu · 04.05.2011 · 11:39 · 1 min
Analysis

INS: Adjusted Retail Sales Fell 5.6% On Year In 1Q

Romanian adjusted retail sales declined 5.6% in the first quarter of 2011 compared with the year-earlier period, on falling consumption in all sectors, the statistics institute INS said Wedn...

Florentina Dragu · 04.05.2011 · 11:17 · 1 min
Analysis

INS: Romania 1Q Tourist Arrivals Up 13.2% On Year

Tourist arrivals in Romania rose 13.2% in the first quarter compared with the year-earlier period, while the number of tourists accommodated was up 12% on the year, the statistics institute...

Florentina Dragu · 04.05.2011 · 11:07 · 1 min
Analysis

Moody’s: Romania Needs Structural Reforms, Performing State Companies

Romania's government must pursue structural reforms and improve state enterprise performance while maintaining the fiscal prudence that it embraced after the global crisis to fully-benefit f...

Florentina Dragu · 03.05.2011 · 16:02 · 1 min
Retail&Consumer

Romanian Retail Market Stabilizes, Existing Shopping Centers Have The Edge - JLL

The Romanian retail market continues to show signs of stabilization in the first quarter this year, as developers and retailers are seeking new opportunities for development, real estate con...

Andrei Cîrchelan · 03.05.2011 · 14:22 · 1 min
Real Estate

JLL: Romanians Still Can’t Afford New Apartments

New apartment prices are still too high for Romanians, while developers are getting signals that they can no longer count on government support, real estate consultancy firm Jones Lang LaSal...

Andrei Cîrchelan · 03.05.2011 · 13:39 · 1 min
Energy

PwC: More Renewable Energy Deals In Romania Once Legislation Becomes Clearer

European companies might seek to invest in conventional energy in Romania, but most transactions in the power market will focus on renewable energy production units, especially after legisla...

Andrei Cîrchelan · 03.05.2011 · 13:34 · 1 min