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Romania

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DTZ: Romanian Retail Investments In 2013, Below 1% Of Total Volume In Europe
Real Estate

DTZ: Romanian Retail Investments In 2013, Below 1% Of Total Volume In Europe

Retail investments in Romania represent less than 1% of the total volume registered at European level in 2013, although last year transactions with retail projects rose sharply compared with...

Gabriela Stan · 13.03.2014 · 12:49 · 1 min
CBRE: Romania Targeted By 6% Of International Retailers For Expansion In 2014
Retail&Consumer

CBRE: Romania Targeted By 6% Of International Retailers For Expansion In 2014

Romania ranks 35th among the 55 most attractive global retail markets for expansion this year, on the same position with Ukraine and South Korea, according to real estate consulting firm CBR...

Gabriela Stan · 11.03.2014 · 17:51 · 1 min
BCR: Ukraine Default To Have Limited Impact On Romania’s Economy
Banks-Insurance

BCR: Ukraine Default To Have Limited Impact On Romania’s Economy

Romania’s economy is unlikely to experience significant difficulties following a potential debt payment default in Ukraine or commercial sanctions on Russia, according to estimates from lend...

Florentina Dragu · 10.03.2014 · 14:31 · 1 min
Fitch Affirms Romania At BBB-, With Stable Outlook
Macroeconomics

Fitch Affirms Romania At BBB-, With Stable Outlook

Fitch Ratings Friday affirmed Romania's long-term foreign and local currency ratings at 'BBB-' and 'BBB’, respectively, citing the country’s strong economic growth and its resilience to rece...

Florentina Dragu · 07.03.2014 · 10:21 · 2 min
Eurobank Posts EUR40M Loss In Romania In 2013
Capital Market

Eurobank Posts EUR40M Loss In Romania In 2013

Greek bank group Eurobank, owner of Bancpost, reported EUR40.2 million loss in Romania in 2013, compared with EUR35.2 million loss a year earlier, the bank said in a press release.

Gabriela Stan · 02.03.2014 · 15:43 · 1 min
GfK: Romanians More Pessimistic About Country’s Economy At The End Of 2013
Macroeconomics

GfK: Romanians More Pessimistic About Country’s Economy At The End Of 2013

Romanians were more pessimistic in the fourth quarter of 2013 regarding the country’s economy, according to a Consumer Climate Europe survey conducted by GfK in 14 European countries.

Ecaterina Craciun · 27.02.2014 · 13:03 · 1 min
Praktiker Sells Romanian Operations To Turkish Businessman
Retail&Consumer

Praktiker Sells Romanian Operations To Turkish Businessman

German do-it-yourself retail chain Praktiker sold its operations in Romania, which include 27 stores with sales of EUR142 million in 2012, to Search Chemicals company, owned by Turkish busin...

Gabriela Stan · 25.02.2014 · 15:58 · 1 min
Coca-Cola Sales Volumes In Romania Down 9% In 2013
Retail&Consumer

Coca-Cola Sales Volumes In Romania Down 9% In 2013

Coca-Cola's sales volumes in Romania dropped 9% last year, to 148.5 million cases from 162.7 million cases in 2012, following the negative impact of macroeconomic and commercial conditions.

Oana Gavrila · 14.02.2014 · 15:47 · 1 min
Renault Keen To Stay In Romania But New Projects Rely On Infrastructure
Automotive

Renault Keen To Stay In Romania But New Projects Rely On Infrastructure

Renault does not plan to leave Romania, where it invested over EUR2 billion, but future projects will depend on the development of infrastructure, the French group’s representatives told Med...

Gabriela Stan · 12.02.2014 · 13:06 · 1 min