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CBRE: Office Space Stock Exceeds 1 Mln Sqm In Capital Bucharest
The real estate market keeps its upward trend, with the total demand reaching 100,700 sqm in the second half of the year and 205,500 sqm in the first half, accounting for 86% of the total de...
Orange Report: Romanian Telecom Market Down 1% To EUR3.28B In 2015
Mobile telephony market in Romania fell 2% to EUR2.05 billion in 2015, but the evolution is better than the previous years given that the industry is returning to growth, according to Orange...
Romania Ranks 5th In Europe By Residential Property Price Hike
Romania ranks 5th in Europe by the price increase for residential property in the first six months of the year, but the price of EUR900/sqm is one of the lowest among 15 analyzed European st...
Romania Continues To Be One Of Europe’s Economic Success Stories - Report
Consumer confidence is at the highest level since December 2013 in Romania, while the international business environment expects the country to be one of the five top markets this year, acco...
Electromagnetica Bucuresti Targets Gross Profit Of RON3M In 2016
Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) expects a gross profit of RON3 million in 2016, versus a loss of RON22 million in 2015, according to a r...
EC Report: Current Version Of Law On Debt Discharge Could Generate Major Risks
The implementation of the current version of the law on debt discharge may generate a systemic risk for the entire banking sector, a major risk for the macroeconomic evolution and could also...
ING Bank: Large Wage Increases May Affect Exporters And Romanian Leu
Large wage increases, such as the planned hike in the minimum wage as of January 2016, make exporters vulnerable by reducing competitiveness on external markets and may have a negative impac...
Orange: Romanian Telecommunications Market Down Almost 5% In 2014
Romania’s telecommunications market fell by 4.6% to about 14.6 billion lei (EUR3.28 billion) in 2014 due to the decline of the fixed voice services and the call termination rate cut, despite...
OMV Petrom Becomes Integrated Power And Gas Supplier
OMV Petrom, the only local oil and gas producer, plans to introduce combined electricity and gas offers and thus operate as an integrated utility supplier. It is also trying to protect its f...