Companies
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.
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...
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...
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,...
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...
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.
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...
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.
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...