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Over Half Of Romanian Households Have Internet Connection
Technology &Telecoms

Over Half Of Romanian Households Have Internet Connection

Over half of households in Romania own a personal computer and have access to the Internet, and about 73.2% of them live in urban areas, the country’s statistics institute INS said Thursday.

Ioana Tudor · 28.11.2013 · 12:00 · 1 min
VIG Posts Loss Of EUR36M In Romania In January-September, Premiums Down 19%
Banks-Insurance

VIG Posts Loss Of EUR36M In Romania In January-September, Premiums Down 19%

Vienna Insurance Group underwrote premiums of EUR274.6 million in Romania in January-September, down 19.3%, while the group’s loss widened nearly four times to EUR36.1 million, driven by car...

Oana Gavrila · 28.11.2013 · 11:04 · 1 min
Business Outlook: Executives See Decline In Constructions In Nov ’13- Jan ‘14
Macroeconomics

Business Outlook: Executives See Decline In Constructions In Nov ’13- Jan ‘14

Romanian executives estimate the activity in the construction sector will decline between November 2013 and January 2014 compared with the previous three months, while the other sectors will...

Bogdan Neagu · 28.11.2013 · 10:42 · 1 min
100 Most Valuable Companies In Romania Are Worth EUR50.4 Billion
Companies

100 Most Valuable Companies In Romania Are Worth EUR50.4 Billion

Ziarul Financiar on Thursday launches the eighth edition of the “Cele mai valoroase 100 de companii din Romania” (“100 most valuable companies in Romania”) annual report compiled in partners...

Oana Gavrila · 28.11.2013 · 10:27 · 1 min
INS: Romania Housing Permits Down 13% On Month To 3,258 In October
Macroeconomics

INS: Romania Housing Permits Down 13% On Month To 3,258 In October

Romanian housing permits fell 13% to 3,258 units in October, from 3,746 units a month earlier, the country’s statistics institute INS said Thursday.

Bogdan Neagu · 28.11.2013 · 10:23 · 1 min
Jolidon: Exports Beat Domestic Market For First Time
Companies

Jolidon: Exports Beat Domestic Market For First Time

Lingerie maker Jolidon of Romanian entrepreneur Gabriel Carlig has exported products made in its home city, Cluj (NW of the country) to more than 50 markets worldwide this year.

Oana Gavrila · 28.11.2013 · 08:10 · 1 min
SMEs May Use State-Guaranteed Loans Only For Working Capital
Banks-Insurance

SMEs May Use State-Guaranteed Loans Only For Working Capital

Romanian small and medium-sized enterprises (SMEs) that access a state-supported program that guarantees loans for SMEs may use the funds drawn from credit lines exclusively to finance worki...

Ioana Tudor · 27.11.2013 · 17:34 · 1 min
Romania Among World’s Least Attractive Countries To Foreign Professionals
Analysis

Romania Among World’s Least Attractive Countries To Foreign Professionals

Romania is ranked 63rd globally and last in the European Union in terms of talent competitiveness, according to the first edition of the Global Talent Competitiveness Index.

Ioana Tudor · 27.11.2013 · 15:59 · 1 min
Tarom Might Resume Bucharest-Beijing Flights
Companies

Tarom Might Resume Bucharest-Beijing Flights

Romanian state-owned airline Tarom might resume direct flights to Beijing, China, starting with a frequency of two flights per week, according to a discussion between Prime Minister Victor P...

Oana Gavrila · 27.11.2013 · 14:08 · 1 min