Companies
Seven Most Active Realty Investors In Romania Closed Deals Worth EUR2.4B Since 2004
Immofinanz, NEPI, CA Immo, RREEF, IGD, Argo Real Estate and Globalworth have been the most active real estate investors in Romania over the past ten years with transactions worth EUR2.4 bill...
Business Outlook: Executives See Growth In Industry, But Decline In Constructions In 4Q
Romanian executives estimate the activity in the construction sector will decline over the October-December period compared with the previous three months, while the manufacturing industry w...
Government Cuts Investments To Boost Wages, Pensions And Public Procurement
September completed the picture of a budget execution centered on fulfilling the electoral campaign obligations of the Social-Liberal Union, in total disregard for the dire need for investme...
Sporis, Raiffeisen: Entrepreneurs Complain They Can’t Get Loans, But Wouldn’t Risk Their Wealth
The interest rate has become an accessory in the business of lending to companies, with the key aspect being banks’ confidence they will recoup their money, says Cristian Sporis, executive v...
Romania Owes Green Power Producers EUR45M In Deferred Certificates
Green power producers and especially owners of wind and solar farms already have EUR45 million to recover for the three months since the government changed its support scheme. They will get...
Romania Posts Budget Deficit Of 1.3% Of GDP In January-September
Romania’s consolidated budget posted a deficit of 8.1 billion lei (EUR1.81 billion) in the first nine months of 2013, equal to 1.3% of the gross domestic product, Finance Ministry data showe...
Economist: It’s Up To Romania To Create Climate To Attract Investors; Being EU Member Not Enough
Romania will be able to attract investors provided it creates the right environment, as being part of the European Union is not enough, U.S. expert on transatlantic economy Joseph Quinlan sa...
Romania To Cut Funding For All Ministries Due To Lower-Than-Expected Budget Revenues
Romania’s Government will revise down the state budget for 2013 at this year’s second revision scheduled for end-October, as revenues are 3.8 billion lei (EUR0.85 million) lower than expecte...
Ponta: Romania To Revise Down State Budget For 2013
Romania will revise down its state budget for 2013 at this year's second budget revision, which is scheduled for end-October, Prime Minister Victor Ponta said Thursday.