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Romania

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The Advisers/Knight Frank: Real Estate Deals In Romania Seen Reaching EUR800M In 2014
Real Estate

The Advisers/Knight Frank: Real Estate Deals In Romania Seen Reaching EUR800M In 2014

Real estate in Romania are expected to reach nearly EUR800 million in 2014, which would translate into a spectacular increase compared to EUR63 million in crisis year 2009, due to the reviva...

Ecaterina Craciun · 16.10.2014 · 17:40 · 1 min
EC Opens Three Infringement Proceedings Against Romania
Social/Politics

EC Opens Three Infringement Proceedings Against Romania

The European Commission on Thursday opened three infringement proceedings against Romania for failing to fully transpose EU legislation on rail safety, implement regulatory rules regarding i...

Ecaterina Craciun · 16.10.2014 · 15:28 · 3 min
European Commission Takes Romania To Court Over Mining Waste
Energy

European Commission Takes Romania To Court Over Mining Waste

The European Commission Thursday said it is taking Romania to Court for a failure to comply with EU legislation on mining waste, namely waste resulting from the extraction, treatment and sto...

Gabriela Stan · 16.10.2014 · 15:24 · 1 min
Romania Could Get EUR8.4B From Sale Of Stakes In Major State-Owned Companies – Report
Companies

Romania Could Get EUR8.4B From Sale Of Stakes In Major State-Owned Companies – Report

Romania could get EUR8.4 billion from the sale of stakes in the main state-owned companies, covering 6.3% of its public debt, according to a report of Austria's Economica Institute.

Gabriela Stan · 14.10.2014 · 14:19 · 1 min
Analysis

Romania, One Step Away From Having 200,000 Foreign Companies

Foreigners control one third of the 650,000 companies operating in Romania and generate 50% of local business, namely EUR125 billion out of the EUR250 billion registered in 2013, reveals a Z...

Catalina Apostoiu · 14.10.2014 · 00:00 · 2 min
EU Says Romania Needs Further Electricity Interconnection
Energy

EU Says Romania Needs Further Electricity Interconnection

Romania needs further electricity interconnection to exploit the high generation capacity, the European Commission said Monday in “Progress towards completing the Internal Energy Market” rep...

Gabriela Stan · 13.10.2014 · 18:57 · 1 min
PwC: Global Goods Trade Set To Double By 2030, Romania Holds Favorable Geographic Position
Retail&Consumer

PwC: Global Goods Trade Set To Double By 2030, Romania Holds Favorable Geographic Position

The volume of global goods trade is set to nearly double by 2030, while Romania can benefit from its favorable geographic location, but needs a propitious tax environment and steady investme...

Gabriela Stan · 08.10.2014 · 13:20 · 1 min
Companies

EY Romania Posts Highest Revenue Growth Rate In CEE, After Turkey

EY reported $27.4 billion global revenue in the financial year ending 27 June, 2014, 6.8% higher on the year, while its Romanian unit, with over 1,000 clients, registered the highest growth...

Gabriela Stan · 07.10.2014 · 11:55 · 1 min
AmCham: Romania May Attract New Investments In 2015 Under A Stable Government
Social/Politics

AmCham: Romania May Attract New Investments In 2015 Under A Stable Government

Romania might attract new investors next year in the context of the current conflicts in Ukraine, if it has a stable government and a President in agreement with the government, Nadia Crisan...

Gabriela Stan · 06.10.2014 · 14:29 · 1 min