Romania
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JCRA Upgrades Romania’s Rating, With Stable Outlook
Japanese rating agency JCRA upgraded Romania's long-term foreign and local currency ratings to BBB and BBB+, respectively, while the outlook is stable, Romanian Finance Ministry said in a st...
Romania, Among Top Spots In EU Both By Economic Growth, Poverty - Filote
Romania is on top spots among EU states by economic growth, as well as by poverty level, which shows that the growth model is not beneficial to the citizens and cannot be encouraged by the E...
Investment Rate Seen Further Up By End-2017 – Finance Minister
Romanian authorities expect a growth in investment rate by the end of 2017, after a 7.5% increase last year, as it is one of the highest in the European Union, at 24.9% of GDP, Finance Minis...
Holzindustrie Schweighofer Names New Country Manager For Romania
Austrian group Holzindustrie Schweighofer has appointed Thomas Schiefer as country manager for Romania.
GfK: Nearly Two In Ten Romanian Youths Want To Become Entrepreneurs In The Coming Year
Nearly two in ten Romanian youths aged 18 to 24 want to become entrepreneurs in the following year, but see the bureaucracy, the high taxes to the state budget and the access to financing as...
Daimler: Romania Can Be A Solution For A New Car Plant
The Daimler group, one of the world’s largest carmakers plans to become number one on the premium segment by 2020, which is why it must beat the sales of BMW, the segment leader last year.
Romania’s Factoring Market Up 35% To EUR3.65B In 2015
Romania’s factoring market rose 35% in 2015, to EUR3.65 billion, mainly supported by SMEs sector, while the constructions sector was the most active sector, with a 23% market share.
Energy Minister: Romania’s New Energy Strategy To Be Completed By September
The Romanian Energy Ministry will complete the country’s energy strategy, valid between 2016 and 2030, until September 15, but its chapters will be launched for public debate one by one, as...
Billionaires That Put Romania On Their Investment Map
Almost thirty of the richest people in the world, with a cumulated fortune of more than $400 billion, are doing business in Romania, either directly or indirectly in the country’s retail sec...