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Vosganian Says Romania Must Revitalize Industry, Continue Privatizations
Energy

Vosganian Says Romania Must Revitalize Industry, Continue Privatizations

Romania must revitalize industries and privatize most of its state-run companies, Economy Minister Varujan Vosganian said Sunday in an interview for private television Pro TV.

Ioana Tudor · 03.03.2013 · 11:56 · 1 min
Oradea Airport Invests EUR26M In Runway Expansion
Automotive

Oradea Airport Invests EUR26M In Runway Expansion

Romanian western Oradea airport will assign works estimated at 114.1 million lei (EUR26.2 million), VAT included, for the expansion of the landing- takeoff track, enabling the airport to ope...

Manuela Panescu · 01.03.2013 · 16:44 · 1 min
Companies

FAN Courier Eyes Rise Of 2013 Sales To Around EUR60M

Romanian courier services provider FAN Courier estimates its sales will increase 5% to 10% in 2013 to around EUR60 million, from 242.2 million lei (EUR54.7 million) last year.

Ioana Tudor · 28.02.2013 · 13:36 · 1 min
INS: Romania Housing Permits Down 2.2% On Year In January
Macroeconomics

INS: Romania Housing Permits Down 2.2% On Year In January

Romania issued 1,694 buildings permits for residential projects in January, down 2.2% on the year, the statistics institute INS said Thursday.

Manuela Panescu · 28.02.2013 · 10:04 · 1 min
Managers Expect Increases In Constructions And Manufacturing Activity In Feb-Apr
Macroeconomics

Managers Expect Increases In Constructions And Manufacturing Activity In Feb-Apr

Romanian companies expect activity will pick up in the construction and manufacturing sectors between February and April, while operations in retail and services are seen rather stable, the...

Neagu Bogdan Mircea · 28.02.2013 · 10:00 · 1 min
Owner Of CON-A Builder Invests In Solar Farm
Energy

Owner Of CON-A Builder Invests In Solar Farm

The owner of the construction group CON-A based in Sibiu (central Romania) and one of the most important businessmen in the city, Mircea Bulboaca, plans to develop a photovoltaic farm.

Manuela Panescu · 28.02.2013 · 00:00 · 1 min
Papalekas Buys Cathedral Plaza
Real Estate

Papalekas Buys Cathedral Plaza

Greek investor Ioannis Papalekas who has been buying distressed properties worth over EUR70 million in the last sixteen months has recently struck a deal with Israeli billionaire Eyal Ofer t...

Manuela Panescu · 28.02.2013 · 00:00 · 1 min
CNADNR Receives Four Bids For Comarnic-Brasov Highway Construction
Companies

CNADNR Receives Four Bids For Comarnic-Brasov Highway Construction

The National Highways and Roads Company in Romania (CNADNR) received Wednesday four bids from a Chinese company and other three joint ventures for the design, construction, financing and ope...

Manuela Panescu · 27.02.2013 · 21:13 · 1 min
AmCham: ANAF Reorganization May Increase Romania’s Tax Collection Rate By 6% Of GDP
Macroeconomics

AmCham: ANAF Reorganization May Increase Romania’s Tax Collection Rate By 6% Of GDP

Restructuring tax authority ANAF may increase Romania’s tax collection rate by 5%-6% of the gross domestic product, from 31-32% of the GDP currently, according to the American Chamber of Com...

Ioana Tudor · 27.02.2013 · 14:18 · 1 min