Romania
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Vast Resources Invested Over $4.5M In Its Two Romanian Mines In 2015
UK-based mining company Vast Resources on Monday said it invested over $4.5 million in 2015 in the two Romanian mines it administers in Baita Plai (Bihor County) and in Manaila (Suceava Coun...
IKEA Buys EUR400M Worth Of ‘Made In Romania’ Products A Year
Swedish furniture retailer IKEA buys more than EUR400 million worth of ‘made in Romania’ products a year, Stefan Vanoverbeke, IKEA’s retail manager for SE Europe (Croatia, Romania, Serbia an...
Electrolux Sales In Romania Rose 4.7% To SEK313M In 2015
The sales of Swedish home appliances manufacturer Electrolux rose 4.7% last year in Romania, to SEK313 million (EUR33.6 million), while, on a group level, the company posted a 10% growth to...
H&M Sales In Romania Up 40% In 2015, To SEK1.7B
Sales of Swedish fashion retailer Hennes & Mauritz (H&M) in Romania grew 40% in the financial year 2015 (December 2014-November 2015), to SEK1.796 billion (EUR193.4 million), from SEK1.28 bi...
Visa Card Operations In Romania Up 13% To EUR24B In 2015
Card operations using bank cards issued by Visa increased by 13% in the fiscal year ended September 2015, to EUR24 billion, while card payments to merchants rose 20% given a 22% increase in...
EBRD President To Visit Romania Feb 1-2 For Talks With High-Ranking Officials
Suma Chakrabarti, President of the European Bank for Reconstruction and Development (EBRD), will visit Romania on February 1 and 2 to hold talks with several high-ranking officials.
Romania Ranks 58th In 2015 Transparency International Corruption Perception Index
Romania ranks 58th in the 2015 Transparency International Corruption Perception Index, with 46 points, up nine spots compared with the previous year, when it ranked 69th, with 43 points.
McDonald’s Romania To Open 7 McCafés, 1-2 Restaurants In 2016
McDonald’s Romania, the largest restaurant chain on the local market, will open seven McCafé coffee shops and another 1-2 restaurants this year, doubling investments to nearly RON25 million...
Romania, Best Ranked Among Eastern European States In Global Gold Reserves Top
Romania ranks 35th in the top 40 World Official Gold Reserves and is the best ranked state in Eastern Europe, according to a World Gold Council report.