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Romania

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EBRD Appoints New Director For Romania
Banks-Insurance

EBRD Appoints New Director For Romania

The European Bank for Reconstruction and Development (EBRD) has appointed Matteo Patrone as the new Director for Romania, starting July 1, 2015.

Ecaterina Craciun · 16.06.2015 · 11:13 · 1 min
Romania’s Software And IT Services Industry Posted 13% Higher Revenue In 2014, To EUR2.42B
Technology &Telecoms

Romania’s Software And IT Services Industry Posted 13% Higher Revenue In 2014, To EUR2.42B

Romania’s software and IT services industry registered revenues of EUR2.42 billion in 2014, up 13% on the year, and expects a 14% increase to EUR2.749 billion in 2015.

Ecaterina Craciun · 10.06.2015 · 15:49 · 1 min
Selischi, OMV Petrom: Romania Did Not Import Natural Gas In The First 4 Months Of 2015
Energy

Selischi, OMV Petrom: Romania Did Not Import Natural Gas In The First 4 Months Of 2015

Romania managed in the first four months to cover its natural gas needs entirely from the local production and thus, it was no longer forced to import gas from Gazprom, according to Gabriel...

Ecaterina Craciun · 09.06.2015 · 16:38 · 2 min
Romania’s Online Advertising Market Up 7% To RON112.8M In 2014
Media

Romania’s Online Advertising Market Up 7% To RON112.8M In 2014

The Romanian online advertising market stood at RON112.8 million lei (around EUR25.4 million) in 2014, up 7% on the year, according to local companies participating in the eighth edition of...

Ecaterina Craciun · 02.06.2015 · 17:43 · 1 min
Romanians Pay One Of Highest Energy Prices In EU By Purchasing Power Standards
Energy

Romanians Pay One Of Highest Energy Prices In EU By Purchasing Power Standards

Romanians pay one of the highest energy prices in EU in relation to the purchasing power, outranked by Germany, Portugal Cyprus, and Spain, while Finland, Latvia, and Luxembourg pay the lowe...

Gabriela Stan · 27.05.2015 · 15:15 · 1 min
Economy Ministry Official: Romania’s Economy Saw Fastest Growth Rate In Years In First Quarter
Macroeconomics

Economy Ministry Official: Romania’s Economy Saw Fastest Growth Rate In Years In First Quarter

Romania’s economy grew 4% in the first quarter, which is the fastest growth rate over the last years, Maricel Popa, state secretary at the Ministry of Economy, Commerce and Tourism, said Wed...

Ecaterina Craciun · 27.05.2015 · 13:21 · 1 min
Secure Property Buys Praktiker Craiova And Three Other Properties For EUR23.2M
Real Estate

Secure Property Buys Praktiker Craiova And Three Other Properties For EUR23.2M

Investment fund Secure Property Development & Investment (SPDI) bought the Praktiker store in Craiova, 24.4% of the Delea Noua Office Building in Bucharest and residential assets in northern...

Oana Gavrila · 22.05.2015 · 13:18 · 1 min
Energy

Romania-Moldova Gas Pipeline To Be Extended To Onesti (Romania) And Chisinau (Moldova)

The natural gas pipeline connecting Iasi in Romania to Ungheni in the Republic of Moldova will be extended to Onesti in Romania and the Moldovan capital Chisinau.

Oana Gavrila · 21.05.2015 · 16:17 · 1 min
Romania Posts Highest Increase In Construction Output In EU In 1Q/2015
Real Estate

Romania Posts Highest Increase In Construction Output In EU In 1Q/2015

Romania’s production in the construction sector rose 13.4% on the year in the first quarter of 2015, the highest increase in the European Union, according to the EU's statistics office Euros...

Ecaterina Craciun · 20.05.2015 · 14:54 · 1 min