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Romania

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Automotive

ACEA: New Car Registrations In Romania Up 8.3% In January-March

New car registrations in Romania rose 8.3% to 14,452 units in the first quarter of 2015, from 13,345 units in the year-earlier period, while sales of Romanian Dacia cars in the EU grew 5.1%...

Ecaterina Craciun · 16.04.2015 · 11:50 · 1 min
EBRD: Tax Administration And Corruption, The Biggest Business Environment Obstacles In Romania
Companies

EBRD: Tax Administration And Corruption, The Biggest Business Environment Obstacles In Romania

Tax administration, corruption and political instability are the top three business environment obstacles identified by Romanian firms, according to a survey by the European Bank for Reconst...

Ecaterina Craciun · 09.04.2015 · 17:12 · 2 min
Banks-Insurance

IMF: Romania Has No Room For Tax Cuts Unless Collection Is Improved

Romania has no room to lower taxes unless it improves tax collections and revenue administration, according to the report approved by the IMF board after consultations with Romanian authorit...

Oana Gavrila · 27.03.2015 · 16:39 · 3 min
Andrew Peirson To Run JLL Romania As Of April 1
Real Estate

Andrew Peirson To Run JLL Romania As Of April 1

Real estate consulting firm JLL announced Friday that it appointed Andrew Peirson as its managing director for Romania & South-Eastern Europe (SEE), an expansion of his current remit as mana...

Ecaterina Craciun · 27.03.2015 · 12:50 · 1 min
U.S. Heitman Sells Mercury Logistics Park Project To Czech CTP
Real Estate

U.S. Heitman Sells Mercury Logistics Park Project To Czech CTP

U.S. real estate investment management firm Heitman has recently sold the Mercury Logistics Park project to what sources on the real estate market say would be Czech company CTP.

Ecaterina Craciun · 25.03.2015 · 12:23 · 2 min
H&M Sales In Romania Up 55% In 1Q, To EUR41M
Retail&Consumer

H&M Sales In Romania Up 55% In 1Q, To EUR41M

Sales of Swedish fashion retailer Hennes & Mauritz (H&M) in Romania grew 55% in the first quarter of the 2015 financial year, to SEK384 million (EUR41.2 million), from SEK248 million (EUR26....

Oana Gavrila · 24.03.2015 · 12:40 · 1 min
ZEW: Romania 6-Month Economic Outlook Improves In March
Macroeconomics

ZEW: Romania 6-Month Economic Outlook Improves In March

Romania ranks second in Central and Eastern Europe by experts' expectations on a six-month time horizon, as Economic Sentiment Indicator rose 4.1 points to 54.2 points in March, and was outr...

Gabriela Stan · 19.03.2015 · 14:17 · 1 min
Automotive

ACEA: New Car Registrations In Romania Up 3.7% In January-February

New car registrations in Romania increased 3.7% on the year in January and February, while Dacia deliveries in the EU rose 3.6%, to 57,106 units, and a 3% market share.

Oana Gavrila · 17.03.2015 · 11:28 · 1 min
Romania’s Agri-Food Exports Top Imports By EUR514M In 2014
Retail&Consumer

Romania’s Agri-Food Exports Top Imports By EUR514M In 2014

Romania’s agri-food exports totaled EUR5.4 billion in 2014, up 6.1% on the year, while imports rose 2.6% on the year to EUR4.9 billion, Agriculture Ministry said in a statement.

Gabriela Stan · 15.03.2015 · 14:02 · 1 min