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Social/Politics

Romania Public Art Sales Up 124% On Year In 2010

Public art sales in Romania increased 124% in 2010, compared to 2009, to EUR8.3 million, and the average annual yield stood at 40%, according to the second edition of the Artmark Index, laun...

Gavrila Oana · 19.04.2011 · 14:21 · 1 min
Macroeconomics

Romania Feb Construction Output Falls At 4th Fastest Pace In EU

Romanian construction output fell 0.4% on the month in February, the fourth sharpest decline in the European Union, official data showed Tuesday.

Florentina Dragu · 19.04.2011 · 14:08 · 1 min
Capital Market

BCR Sees Romanian Leu Stable Vs Euro In 2011

Romania’s leu exchange rate will remain stable against the European common currency throughout the year, according to estimates from lender Banca Comerciala Romana, or BCR.

Florentina Dragu · 19.04.2011 · 14:00 · 1 min
CBRE: Retailers Still Maintain High Interest For Romanian Market
Retail&Consumer

CBRE: Retailers Still Maintain High Interest For Romanian Market

Romania ranks third of 73 countries in the world by the number of retail brand entries in 2010, in a survey of real estate consultancy firm CB Richard Ellis.

Andrei Cîrchelan · 19.04.2011 · 12:41 · 1 min
Analysis

Switch From Central Heating To Cogeneration Might Cost EUR2.5B

The replacement of central heating systems with high-efficiency cogeneration units could cost EUR2.5 billion, Monday said Dan Gheorghiu, leader of Romanian energy system design institute ISP...

Andrei Cîrchelan · 18.04.2011 · 14:38 · 1 min
Analysis

PwC: Romania Could Become Major Trade Route

Romania could become a major trade route, through the Constanta harbor on the Black Sea coast, but first it needs measures such as postponing the payment of value added tax for all importing...

Andrei Cîrchelan · 18.04.2011 · 12:27 · 1 min
Macroeconomics

Romania Tops April Chart Of Analyst Expectations For Economic Outlook - ZEW

Financial analysts have improved their sentiment on Romania’s economic evolution over the next six months, as Romania ranks first in ZEW's April survey on Central and Eastern Europe (CEE) ec...

Andrei Cîrchelan · 15.04.2011 · 17:43 · 1 min
Analysis

Trade Registry: Fewer Companies Went Belly Up In 1Q

Romania's Trade Registry Thursday said 5,082 companies filed for insolvency in the first quarter, down 18.6% from 6,250 companies in the same period a year earlier.

Florentina Dragu · 14.04.2011 · 18:09 · 1 min
Analysis

Romania Can Absorb Another 0.8M Sqm Of Modern Retail Space - DTZ

Shopping center developers will mainly target Central and Eastern Europe in 2011 and 2012, while Romania could still absorb some 800,000 square meters of modern retail space, propetry consul...

Andrei Cîrchelan · 13.04.2011 · 17:21 · 1 min