Companies
INS: Romania Construction Works Fall In November
Romanian construction works fell 4.8% in November 2013 from a month earlier, due to declining activity in new buildings, the statistics institute INS said Monday.
Romania Inflation Falls to Post-communist Era Low Of 1.55% in 2013
Romania’s inflation fell to 1.55% in 2013, the lowest level in more than 20 years, mainly due to a bumper farming output amid still subdued demand.
Average Net Salary Went Up 2% In November To RON1,650
Romanian average net salary edged up 2.2% to 1,650 lei (around EUR360) in November, from RON1,615 a month earlier, the statistics institute INS said Monday.
INS: Romania's Industrial Production Up 10% On Year In November 2013
Romanian adjusted industrial production was flat in November last year compared with a month earlier, but 9.9% higher than in the same period of 2012, the country’s statistics institute INS...
Lidl To End 2014 With More Than 180 Stores In Romania
German-held supermarket chain Lidl, which entered Romania officially by taking over the Plus network in 2011, will continue to expand in 2014 at the same pace it did in 2013, 14 stores, driv...
Insolvent Romstrade Sues Romanian State Over Annulled Contracts
Romstrade, the building company controlled by businessman Nelu Iordache which entered insolvency proceedings more than a year ago, has sued Romania’s road authority CNADNR and Bucharest City...
Manda, Axxess Capital: Nextebank To Focus On Niche Segments
Nextebank will focus on niche services--namely on very small and small companies, as well as on individuals, with lending not including long-term products in the latter case--according to Ho...
Green Power Investors Expected To Spend Another EUR3B In Romania In 2014
Investments in wind farms and solar parks could reach EUR3 billion this year after the EUR6 billion invested in Romania in 2009-2013, ZF has calculated based on the information provided by e...
SOCAR Not Interested In Buying Oltchim
Azeri state-owned oil company SOCAR will continue to invest in Romania but has no plans to buy chemical plant Oltchim Ramnicu Valcea (OLT.RO), according to SOCAR Romania general manager Hamz...