Romania
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Moody’s: Romania Economic Growth Likely To Remain Subdued In Coming Year
Economic recovery in Romania will likely remain subdued in the next year due to the country’s significant exposure to European markets, according to Moody’s Ratings, which sees the local gro...
Markus Wirth Runs Ameropa’s Romanian Operations From Constanta
Markus Wirth, the Swiss who brought Holcim group net profits of EUR200 million while he led the company’s operations in Romania between 2004 and 2011, moved to Constanta from where he has be...
EC Approves 2014-2020 Transport Infrastructure Policy; Romania Present Through Two Corridors
The European Commission has approved the European Union’s infrastructure policy for 2014-2020 and two of the nine key transport corridors included in the strategy take in Romania, which may...
EC Opens Infringement Proceedings Against Romania Over Energy Efficiency In Buildings
The European Commission (EC) on Thursday said it opened infringement proceedings against Romania and the Czech Republic for failing to convey information regarding the implementation of Dire...
Romania Is EU's Third Largest Watermelon Producer
Romania, a country where agriculture generates 6% or 7% of the gross domestic product (GDP) every year, is the third largest watermelon producer in the European Union, being outranked by Spa...
IKEA Romania Reports 10% Higher Sales In Catalog Year 2013, To RON440M
Furniture retailer IKEA registered sales of 440 million lei (some EUR100 million) in Romania between September 1, 2012 and August 31, 2013, up nearly 10% on the year.
Only 11% Of Internet Users In Romania Shop Online - Eurostat
Romania is ranked last in the European Union regarding the share of Internet users that shop online (11%), while the EU28 average is 59%, according to statistics office Eurostat.
ArcelorMittal Builds Furnace In France, But Demolishes The Ones In Romania
ArcelorMittal, the world’s biggest steelmaker controlled by Indian billionaire Lakshmi Mittal, will invest EUR92 million to modernize a furnace in France, but it demolishes its furnaces in R...
EC Discloses List Of Energy Projects That May Get EU Financing Of Up To EUR6B
The European Commission has put several energy projects which involve Romania, including AGRI and a pipeline running from Bulgaria to Austria, on a list of 250 infrastructure projects that m...