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Investments In Black Sea Hydrocarbon Sector To Generate Additional $40B To Romania's GDP
Investments in the Black Sea hydrocarbon sector will generate revenue of over $26 billion to the state budget and an additional $40 billion to Romania’s gross domestic product (GDP) until 20...
Housing Prices in Romania 31.5% Lower in 4Q 2017 Than End-2007
Although they recouped a large part of the decline recorded during the time of economic recession, housing prices in Romania were 31.5% lower on average in the last quarter of 2017 than in t...
EC Says Romania's Challenges to Judicial Independence Raise Serious Concern
Challenges to judicial independence are a serious source of concern and, while Romania has made some progress under the Cooperation and Verification Mechanism (CVM), reforms have stalled and...
Industrial Barometer: Romania’s Industrial Sector Continued Downward Trend In January
Romania’s industrial sector, which includes activities such as raw material processing, mining, energy, water and waste, fell by 15 points in January below the 50-point threshold which separ...
Romanian Private Capital Three Times More Profitable Than Foreign Capital
Romanian privately-held companies were three times more profitable than multinationals in 2015, with a net result (profits minus losses) of 27 billion lei (EUR5.99 billion) and RON551 billio...
Cushman & Wakefield: Romania Attracted EUR440M Realty Investments In First Three Quarters Of 2016
Romania registered one of the lowest yields of newly-built constructions in Eastern Europe, in the third quarter of 2016, being outranked only by Turkey, according to a study by American rea...
World Bank: Approaching Elections Increase Risk Of Further Ad Hoc Spending In Romania
World Bank warns that the approaching general elections in December 2016 increase the risk of further ad hoc spending and slowdown in the implementation of structural reforms in Romania, thu...
Romania Ranks 36th In World Bank’s "Doing Business 2017" Report
Romania climbed one spot and ranks 36th in World Bank’s "Doing Business 2017" report, which analyzes the business environment in 190 countries.
Radulescu, Banca Transilvania: Number Of Vacant Jobs Rose 25% In 1H/2016
The number of vacant jobs rose 25% on the year in the first half of 2016 and the job vacancy rate rose by 20%, at a weight of 1.25%, a record level since 2008, according to a report drafted...