Romania
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Wipro To Hire 150 More People In Romania By December 2015
India’s IT service, outsourcing and consultancy solutions provider Wipro plans to increase the number of employees in Romania by 25% to 750 employees by December 2015.
Romania Is World's 12th Wine Producer, As Wine Production Drops 20% This Year
Romania's wine production declined 20% this year, to 4.1 million hectoliters, due to unfavorable weather, and ranks 12th among world wine producers, according to the International Organizati...
Romania Had Biggest VAT Gap In EU In 2012 - EC Report
An estimated EUR177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012, according to the latest VAT Gap study published by the European Commission, of which Rom...
Minister: Romania To End 2007-2013 Financial Framework With 80% EU Fund Absorption Rate
Romania will end the current 2007-2013 multiannual financial framework in 2015 with an absorption rate of European Union funds of at least 80%, which translates into EUR19.2 billion, EU Fund...
Romania, Bulgaria To Sign Memorandum To Build Two New Bridges Over Danube
The Romanian government has approved the signing of a Memorandum of Understanding with Bulgaria to implement feasibility studies on the construction of two new bridges over the Danube River.
Romania Targets 5%-6% Economic Growth Over Medium Term With Fiscal Discipline
The Romanian government targets a 5%-6% annual economic growth over a medium term, by keeping fiscal discipline, so that Romania would narrow the gap with other European states, Finance Mini...
Standard&Poor’s Affirms Ratings On Romania At 'BBB-/A-3'; Outlook Stable
Standard & Poor's Ratings Services on Friday affirmed its long and short-term foreign and local currency sovereign credit ratings on Romania at 'BBB/A-3', while the outlook is stable.
EC Closes Infringement Procedures Against Romania Over Energy, Natural Gas Issues
European Commission decided to close the infringement procedures against Romania over failing to apply certain directives in energy and natural gas sectors, energy minister Razvan Nicolescu...
Romania’s Natural Gas Needs Up By 42% In Case Of A 6-Month Russian Gas Supply Disruption
Romania’s natural gas needs might increase by 42% in case of a 6-month Russian gas supply disruption to Europe, according to a European Commission's Stress Test published Thursday.