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Romania

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Real Estate

LafargeHolcim Cement Sales In Romania Up 15.3% In January-September

LafargeHolcim cement sales in Romania rose 15.3% on the year in January-September, supported by building activity in the Bucharest area, while market prices fell 0.8% in lei, the company sai...

Gabriela Stan · 25.11.2015 · 11:46 · 1 min
Companies

Romania Ranks 55th In World’s “Paying Taxes 2016” Report

Romania ranks 55th in PwC’s “Paying Taxes 2016” report, which measures the ease of paying taxes in 189 economies worldwide for an average sized company, as its total tax rate fell to 42% fro...

Gabriela Stan · 24.11.2015 · 12:58 · 1 min
KMG To Invest $6M In Automation Of Fuel Delivery Systems In Romania By 2018
Energy

KMG To Invest $6M In Automation Of Fuel Delivery Systems In Romania By 2018

KMG International Group, owner of Romanian oil refinery Rompetrol Rafinare (RRC.RO), will invest over $6 million until 2018 in the modernization and automation of fuel loading-unloading syst...

Gabriela Stan · 20.11.2015 · 15:02 · 1 min
Timken To Build New Bearing Plant In Romania
Companies

Timken To Build New Bearing Plant In Romania

US company Timken will construct its second bearing plant in Romania, near Ploiesti, which will serve the company’s global demand, Timken said in a statement Thursday.

Gabriela Stan · 19.11.2015 · 16:06 · 1 min
ACEA: New Car Registrations In Romania Up 9.3% In January-October; Dacia Sales In EU Up 3.2%
Automotive

ACEA: New Car Registrations In Romania Up 9.3% In January-October; Dacia Sales In EU Up 3.2%

New car registrations in Romania rose 9.3% to 64,401 units in the first ten months of 2015, from 58,908 units in the year-earlier period, while sales of Romanian Dacia cars in the EU grew 3....

Ecaterina Craciun · 17.11.2015 · 12:26 · 1 min
Eurostat: Romania Posted Second Lowest Annual Inflation Rate In The EU In October 2015
Macroeconomics

Eurostat: Romania Posted Second Lowest Annual Inflation Rate In The EU In October 2015

Romania registered the second lowest annual inflation rate in the European Union in October 2015, of -1.4%, and thirteen of the 28 Member States saw negative annual rates in October this yea...

Ecaterina Craciun · 16.11.2015 · 14:22 · 1 min
Macroeconomics

Eurostat: Romania 3Q GDP Rises At Fastest Pace In EU Quarter To Quarter

The Romanian economy grew at the fastest pace in the European Union in the third quarter, with 1.4%, compared to the second quarter, and at the second-fastest pace compared to the third quar...

Gabriela Stan · 13.11.2015 · 13:58 · 1 min
Enel Green Power Switched To EUR97M Loss In 3Q Following Impairment Of Romanian Assets
Energy

Enel Green Power Switched To EUR97M Loss In 3Q Following Impairment Of Romanian Assets

Enel Green Power, Enel group’s renewable energy division, switched to net losses of EUR97 million in the third quarter, from EUR102 million profit a year before, mostly due to the impairment...

Gabriela Stan · 13.11.2015 · 12:05 · 1 min
E.ON Earnings In Romania Higher In 3Q On Gas Tariff Increase In 2014
Energy

E.ON Earnings In Romania Higher In 3Q On Gas Tariff Increase In 2014

German utility group E.ON Wednesday said that the Romania regional unit’s EBITDA rose in the third quarter, supported by the positive effect of tariff increases in the gas distribution busin...

Gabriela Stan · 11.11.2015 · 12:07 · 1 min