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Romania FDI Down 29% On Year To EUR946M In January-July
Macroeconomics

Romania FDI Down 29% On Year To EUR946M In January-July

Romanian foreign direct investment, or FDI, fell 28.9% year-on-year to EUR946 million in the first seven months, the central bank said Wednesday.

Bogdan Neagu · 11.09.2013 · 14:55 · 1 min
Macroeconomics

Romania Inflation Slows To 3.67% In August On Lower Food Prices

Romania’s consumer prices extended their decline in August, supported by lower costs of food products, and the country’s inflation slowed for a second month in a row, nearing the central ban...

Bogdan Neagu · 11.09.2013 · 10:06 · 1 min
EU Pumped EUR10B Into Romanian Agriculture In Seven Years, But To No Avail
Companies

EU Pumped EUR10B Into Romanian Agriculture In Seven Years, But To No Avail

Romania’s trade balance on agrifood products is still running a deficit despite the fact that the country’s agriculture sector was allotted funds of EUR10 billion from the European Union ove...

Ecaterina Craciun · 11.09.2013 · 07:38 · 2 min
Romania To Declassify Documents On Rosia Montana Mining Project
Social/Politics

Romania To Declassify Documents On Rosia Montana Mining Project

All documents concerning the gold mining project in Rosia Montana, western Romania, will be declassified and made public by Minister-delegate for Infrastructure Projects Dan Sova Wednesday,...

Ioana Tudor · 10.09.2013 · 18:47 · 1 min
Value Of EU Subsidies Per Hectare To Increase Gradually
Social/Politics

Value Of EU Subsidies Per Hectare To Increase Gradually

The value of subsidies granted to Romanian farmers through the EU-funded single area payment scheme will increase this year and will continue to rise about EUR10 yearly, Raluca Daminescu, ma...

Ioana Tudor · 10.09.2013 · 14:39 · 1 min
BRD Finance Has New GM
Banks-Insurance

BRD Finance Has New GM

BRD Finance, the local consumer lending division of BRD-Groupe Société Générale, has appointed Antoine Gabizon as general manager, to replace Bernard Histe who ended his term.

Ecaterina Craciun · 10.09.2013 · 12:16 · 1 min
Popa: APDRP To Grant EUR70,000 To Youths Starting Up Businesses In Rural Areas
Companies

Popa: APDRP To Grant EUR70,000 To Youths Starting Up Businesses In Rural Areas

Romania's Payment Agency for Rural Development and Fisheries, or APDRP, will grant EUR70,000 to youngsters willing to start up businesses in rural areas, Nicolae Popa, deputy general manager...

Ecaterina Craciun · 10.09.2013 · 11:50 · 1 min
Manpower: Hiring Pace In Romania Expected To Remain Flat In 4Q/2013
HR

Manpower: Hiring Pace In Romania Expected To Remain Flat In 4Q/2013

The Romanian labor market is expected to remain relatively quiet in the fourth quarter of 2013, according to a survey conducted by recruitment company Manpower.

Ecaterina Craciun · 10.09.2013 · 10:24 · 2 min
Industrial Output Inches Lower In July
Macroeconomics

Industrial Output Inches Lower In July

Romanian adjusted industrial production inched 0.1% lower in July compared with the previous month, on declining output in the mining sector, the country’s statistics institute INS said Tues...

Bogdan Neagu · 10.09.2013 · 10:00 · 1 min