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Romania Must Rely On Foreign Investment To Speed Up Growth - Central Banker
Macroeconomics

Romania Must Rely On Foreign Investment To Speed Up Growth - Central Banker

Romania must to rely on foreign investment to speed up economic growth and narrow the gap with the EU average, as domestic investment is insufficient for a swift recovery, a central bank off...

Florentina Dragu · 18.11.2013 · 14:35 · 1 min
15 Years. Self-Awareness, Awareness Of Power
Companies

15 Years. Self-Awareness, Awareness Of Power

“This will be a newspaper that will strongly promote free enterprise, free trade and market economy. And we will do it with the vigor of a lion’s roar,” read the editorial of the first issue...

Tudor Ioana Raluca · 18.11.2013 · 07:44 · 7 min
Finance Ministry Plans To Get More Money From Tax On Profit, Income By 2017
Macroeconomics

Finance Ministry Plans To Get More Money From Tax On Profit, Income By 2017

Romania’s Finance Ministry anticipates that banks and companies, as well as individuals, will earn higher income in the years to come and will contribute more to the budget than the amounts...

Tudor Ioana Raluca · 18.11.2013 · 00:00 · 2 min
Bucharest, Arges, Timis, Arad and Brasov Secured Half Of Romania’s 1H Exports
Macroeconomics

Bucharest, Arges, Timis, Arad and Brasov Secured Half Of Romania’s 1H Exports

Bucharest and Arges, Timis, Arad and Brasov counties secured about half (47.3%) of Romania’s exports in the first half of the year, worth EUR23.71 billion, while Giurgiu and Gorj contributed...

Ioana Tudor · 17.11.2013 · 14:06 · 1 min
Finance Minister: New Royalty Rates On Mineral Resources Applied Only To Future Contracts
Energy

Finance Minister: New Royalty Rates On Mineral Resources Applied Only To Future Contracts

The new royalty rates levied on mineral resources other than natural gas and oil, which will be increased starting 2014, will apply only to future contracts, said Romanian Finance Minister D...

Ecaterina Craciun · 15.11.2013 · 11:10 · 1 min
Romania’s 4.1% GDP Growth In 3Q Surprises Analysts And Businesspeople
Macroeconomics

Romania’s 4.1% GDP Growth In 3Q Surprises Analysts And Businesspeople

Romania’s 4.1% economic growth in the third quarter has taken everybody by surprise, including analysts and businesspeople.

Ecaterina Craciun · 15.11.2013 · 09:59 · 2 min
Germany’s Agrarius Plans To Double Farmland Owned In Romania
Companies

Germany’s Agrarius Plans To Double Farmland Owned In Romania

Germany’s Agrarius, which operates a 3,200 hectare-farm in Timis County (western Romania), plans to double its farmland in Romania in the next three years, which is supposed to also double i...

Ecaterina Craciun · 15.11.2013 · 09:51 · 1 min
Cement Producers Won’t Reveal Sale Prices Or Production Figures
Companies

Cement Producers Won’t Reveal Sale Prices Or Production Figures

Cement price dropped 3.2% in 2008-2013 and producers are now selling it for 430 lei (EUR96) per ton on average, according to a ZF analysis based on market and National Statistics Institute d...

Tudor Ioana Raluca · 15.11.2013 · 00:00 · 4 min
Fuel Prices To Rise RON0.3-0.4/L In 2014 Following Excises Increase
Energy

Fuel Prices To Rise RON0.3-0.4/L In 2014 Following Excises Increase

The prices of gasoline and diesel oil in Romania will increase by 0.3 lei (EUR0.06) to RON0.4 per liter in 2014, following an increase in fuel excises, Finance Minister Daniel Chitoiu said T...

Ioana Tudor · 14.11.2013 · 19:43 · 1 min