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Romania

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Technology &Telecoms

Telekom Revenues In Romania Dropped 3% In January-September

Telekom group's revenues in Romania declined 3.3% for fixed-line operations, impacted by the sharp decline of voice revenues, and by 2.9% for mobile operations, Greek group OTE said in a rep...

Gabriela Stan · 05.11.2015 · 14:06 · 2 min
Macroeconomics

EC Sees Romanian GDP Growth Accelerating on Domestic Demand

The European Commission expects Romania's economic growth will pick up this year and the next, to 3.5% and 4.1% of gross domestic product, respectively, as fiscal stimulus spurs domestic dem...

Oana Gavrila · 05.11.2015 · 13:05 · 1 min
Romania, Turkmenistan Mull Joint Ventures For Energy Equipment Production
Energy

Romania, Turkmenistan Mull Joint Ventures For Energy Equipment Production

The authorities in Romania and Turkmenistan want to set up joint ventures for equipment production in the energy sector in Turkmenistan, as well as companies specializing in energy services.

Gabriela Stan · 02.11.2015 · 16:34 · 1 min
Mega Image Sales In Romania Rose Over 10% In 3Q Due To VAT Cut On Food Items
Retail&Consumer

Mega Image Sales In Romania Rose Over 10% In 3Q Due To VAT Cut On Food Items

Sales of supermarket chain Mega Image in Romania rose over 10% on the year in the third quarter of 2015, following the VAT cut on food items starting June 1, and this evolution enhanced the...

Ecaterina Craciun · 29.10.2015 · 17:07 · 1 min
IKEA Sales In Romania Rose Over 12% In Catalog Year September 2014 – August 2015
Retail&Consumer

IKEA Sales In Romania Rose Over 12% In Catalog Year September 2014 – August 2015

Furniture retailer IKEA Romania had sales of RON424.5 million in the catalog year September 2014 - August 2015, up 12.3% on the year, mainly due to the bedroom segment.

Ecaterina Craciun · 29.10.2015 · 12:42 · 1 min
Romania Ranks 37th In World Bank’s Doing Business 2016 Report
Macroeconomics

Romania Ranks 37th In World Bank’s Doing Business 2016 Report

Romania climbed 11 spots and ranks 37th in World Bank’s Doing Business 2016 report, which analyzes the business environment in 189 countries, and is outranked by Macedonia, Georgia and other...

Gabriela Stan · 28.10.2015 · 12:42 · 1 min
Schweighofer Opens New Timber Plant In Romania
Companies

Schweighofer Opens New Timber Plant In Romania

Austrian group Holzindustrie Schweighofer on Monday opened a new timber plant in Reci, Covasna county, following EUR150 million investments, the company said in a statement.

Gabriela Stan · 27.10.2015 · 14:05 · 1 min
Country Manager Food Panda: Romanian Online Food Orders Market Sees Fast Growth
Retail&Consumer · ZF DIGITAL '15

Country Manager Food Panda: Romanian Online Food Orders Market Sees Fast Growth

Romania’s online food orders market, whose current value reaches EUR20 million, is witnessing a fast growth and its potential is huge, Radu Balaceanu, Country Manager at online food delivery...

Ecaterina Craciun · 26.10.2015 · 15:21 · 1 min
Vodafone Romania CEO: There Still Are Lots Of Opportunities In Romania
Technology &Telecoms · ZF DIGITAL '15

Vodafone Romania CEO: There Still Are Lots Of Opportunities In Romania

Vodafone Romania Chief Executive Officer, Ravinder Takkar, on Monday said there still is are lots of opportunities in Romania and the main advantages of the Romanian market are the mobile ph...

Ecaterina Craciun · 26.10.2015 · 14:52 · 1 min