Companies
Romania New Car Registrations Down 31% In September, EU Market Down 11%
New car registrations in Romania dropped 31.1% in September to around 4,700 units, and Greece was the only EU state to register a sharper decline, while the European market posted the bigges...
Autumn Drought Puts Under Threat EUR1B Of Wheat And Rapeseed Harvest
Drought will also affect this autumn’s harvests of wheat and rapeseed after the high temperatures and lack of rain this summer led to a reduction of up to 40% in cereal productions, causing...
Leasing Industry Returns To Decline In 1H With Financing Of EUR650M
The market of financial leasing returned to a decline in the first six months of this year because of lower financing for equipment and real estate transactions.
ANAF Collected Budget Revenue Of RON123B In Jan-Sep, Up 7.6% On Year
Romania’s tax authority ANAF collected 123.32 billion lei (EUR27.4 billion) to the state budget in the first nine months, up 7.6% in nominal terms from the same period a year ago, the author...
Romania FDI Up 55% On Year To EUR941M In January-August
Romanian foreign direct investment, or FDI, rose 55% on the year to EUR941 billion in January through August, the first increase since the end of 2008, central bank data showed Monday.
Romania Resumes Payments For Economic Competitiveness Projects
Payments for the EU-funded operational program aimed to increase economic competitiveness (POS CEE) have been resumed on October 15, more than three months after they were ceased, the Romani...
EIB Lends EUR20M To Intesa Sanpaolo Bank For Small Business Funding
Intesa Sanpaolo Bank and its leasing division will borrow EUR20 million from the European Investment Bank (EIB) to finance small and medium sized enterprises (SMEs), midcap companies and pro...
Sima, The Missing Broker Who Caused Turmoil On Capital Market
Cristian Sima, former general manager of Romania’s monetary and commodities exchange Sibex in Sibiu (center of the country), has been missing for two weeks.
Transport Ministry Official: Sibiu-Pitesti Highway Completed In 2020
Romania’s part of the Pan-European 4th Corridor will be completed in 2020, and the highway segment Sibiu-Pitesti will be financed with European Union funds assigned from 2014-2020 operationa...