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Finance Ministry: Govt Long Term Leu Borrowing Cost Down To Less Than 7% For First Time In 2025
The Finance Ministry carried out an operation to reduce the refinancing risk of government debt by exchanging certain series of short-term bonds (government paper) for a new series of long-term bonds, thus moving the payment obligation further into the future.
McKinsey & Company: Romania’s Switch To Green Power To Require EUR30B Investments
The investment potential of the green power market (solar panels, heat pumps, insulation) in Romania stands at more than EUR30 billion by 2040 and about EUR20 billion of that could come from...
Planned EUR600M Regional Hospital in Craiova Costs Five Times More Than a Private Healthcare Investment
The government calculated it needs to spend EUR600 milion on the 900-bed Regional Hospital in Craiova, five times more than a private operator invested in a hospital, keeping the proportions...
Deloitte: Romania Has 7th Biggest Cost Of Social Security Contributions In Europe
Romania has the 7th biggest cost of social security contributions among EU member states, after the cap was removed from the basis of calculation as of 1 February 2017, according to a study...
Vel Pitar: Romanian Bakery Industry Profitability EU’s Lowest
Average bread price in Romania is the lowest in the European Union, while costs (power, flour etc.) are the same as in the EU countries, which hurts the bottom line, says Dan Trifu, vice-pre...
Romania Is European Union’s Cheapest IT Hub
The salaries of more than two thirds (67%) of the Romanian software developers generate costs of less than $20 per hour, so Romania is the destination with the lowest IT workforce costs in t...
Romanian Banking Association: Don’t Ask Why Banks No Longer Grant Loans And Costs Are Up
Lending terms will become tighter and costs will increase following the enactment of the debt discharge law, and those willing to take out a loan in the future have to know what caused the w...
Foreign Investor: Romanian Programmers As Expensive As Western European Counterparts
Romanian IT specialists have become as expensive as their counterparts in Western Europe, so Romania no longer has any cost advantage for foreign investors looking to develop technology busi...
Developers Resumed Housing Construction In Central Areas In 2014, At Higher Costs
The construction of residences delivered in Bucharest last year cost more than in 2013, as developments were in more expensive locations and targeted the luxury and medium-high segments, acc...