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Romania

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Energy

Romania Relies On Black Sea For Gas - Minister

Romania will focus on the construction of a EUR230 million gas pipeline to transport gas from the Black Sea to Podisor, Giurgiu county, southern Romania, said minister-delegate for Energy Ra...

Oana Gavrila · 02.12.2014 · 12:14 · 1 min
Lukoil Spent $95M On Exploration And Production In Romania In January-September
Energy

Lukoil Spent $95M On Exploration And Production In Romania In January-September

Russian oil group Lukoil spend $95 million on exploration and production in Romania in January-September, considerably higher than the $4 million it spent in the same period last year, the R...

Oana Gavrila · 27.11.2014 · 14:52 · 1 min
Impact Of Industrial Air Pollution In Romania Estimated At EUR25B-EUR80B In 2008-2012
Energy

Impact Of Industrial Air Pollution In Romania Estimated At EUR25B-EUR80B In 2008-2012

Industrial air pollution in Romania generated, between 2008 and 2012, costs on health and environment of EUR25 billion-EUR80 billion, as thermal power station Turceni is the third biggest po...

Gabriela Stan · 26.11.2014 · 19:21 · 1 min
EC Opens Infringement Proceedings Against Romania Over Security Of Gas Supply
Energy

EC Opens Infringement Proceedings Against Romania Over Security Of Gas Supply

The European Commission on Wednesday opened infringement proceedings against Romania over security of gas supply, as it failed to notify to the Commission the adoption of a preventive action...

Gabriela Stan · 26.11.2014 · 14:47 · 1 min
Top Executives In Romania Make An Average EUR118,000 A Year
HR

Top Executives In Romania Make An Average EUR118,000 A Year

A top executive in Romania makes an average EUR117,900 a year, as the Romanian market saw an increase of 6-8% in top executive salary packages compared to a 3-4% growth worldwide compared to...

Oana Gavrila · 26.11.2014 · 11:20 · 1 min
Analysis

Can Romania Replicate the Polish Economic Miracle?

The exit from communism and capitalism have transformed the Eastern Europe and the former communist economies are now catching up with the more developed countries in the West, but in a race...

Catalina Apostoiu · 24.11.2014 · 15:20 · 3 min
IMF Team To Arrive In Romania Early December For 2015 Budget Talks
Macroeconomics

IMF Team To Arrive In Romania Early December For 2015 Budget Talks

A joint delegation of the International Monetary Fund and the European Commission will visit Romania at the start of December to discuss with the local authorities the draft of the country’s...

Bogdan Neagu · 19.11.2014 · 21:18 · 1 min
Romania Posts Third Biggest Growth In EU Car Sales In January-October
Automotive

Romania Posts Third Biggest Growth In EU Car Sales In January-October

Romania registered the third largest increase in new car registrations in the European Union, of 26.2%, in the first ten months of 2014, and Dacia saw the highest growth, of 28.7%, to 304,40...

Gabriela Stan · 18.11.2014 · 12:44 · 1 min
Eurostat: Romania Ranks Last In EU By R&D Expenditure As Percentage Of GDP
Banks-Insurance

Eurostat: Romania Ranks Last In EU By R&D Expenditure As Percentage Of GDP

Romania invested last year EUR558 million on research and development projects, exceeding Bulgaria, Croatia or Luxemburg, but, as a percentage of the gross domestic product, expenses only re...

Gabriela Stan · 17.11.2014 · 14:33 · 1 min