Romania
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Volksbank Romania Sale Strategy Unaffected By Volksbank Group Reorganization
Austrian banking group Volksbank has decided to undergo restructuring and will be split into nine regional banks, merging smaller operations, while maintaining its plan to sell its Romanian...
Romania Posts Biggest Retail Sales Decline In EU In August
Romanian retail sales fell 0.6% in August compared to July, the biggest decline in the EU along Slovakia, official data showed Friday.
Lack Of High Standard Infrastructure Hinders Romania’s Sustainable Development
The lack of up-to-standard transport infrastructure hinders Romania's speedier and sustainable development and affects the flexibility of the workforce, consequently impacting people's incom...
Novartis Pharmaceuticals' Head For C&E Europe Says Investments In Romania Will Continue
Pharmaceutical group Novartis, the world’s largest medicine producer, will continue to invest in Romania, Panos Alexakos, Head Central and Eastern Europe of Novartis Pharmaceuticals, said Mo...
Amgen GM: Romania Must Boost Investments In Innovation
Romania is not, by far, among the top countries in the European Union that back innovation and authorities ought to increase public investments in this sector, Gabor Sztaniszlav, general man...
Stratum Energy To Invest $150M In Gas Extraction In Romania
U.S.-based company Stratum Energy will invest next year over $150 million in Romania, after it had discovered natural gas reserves in Bacau county, northeastern Romania, energy minister Razv...
Enel Wants EUR1.8B For Romanian Assets Put Up For Sale
Italy’s utility Enel wants to get 1.7 billion-1.8 billion euros for the three Romanian units put up for sale, compared with the state’s evaluation of maximum EUR1.3 billion, otherwise it mig...
Romania Plans To Get Its Own Communications Satellite In Upcoming Years
Romania plans to buy a communication satellite in upcoming years to ensure communication and transmission services both for state institutions and the private sector, for a fee, Romanian Min...
Investors Are Hard To Convince To Invest In Romania And SE Europe- Enterprise Investors
Investors are hard to convince to invest in the acquisition of companies in Central and South-Eastern Europe, including Romania, as the region is unattractive except for Poland, although the...