Romania
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Lack Of Technical, Decision-Making Skills Main EU Fund Absorption Obstacles In Romania - Report
Lack of technical skills and decision-making ability are the main obstacles Romania and Bulgaria encounter in preparing projects eligible for European financing, according to a report by int...
France Fails To Back Romania's Schengen Entry Despite Its Multiple Businesses Locally
While Romanian-French relations are heading towards a dead end, Romania remains a source of wealth and profit for France which has businesses in Romania in the banking, gas, auto, cement and...
EC Opens Infringement Proceedings Against Romania Over Industrial Emissions Legislation
The European Commission has opened infringement proceedings against several states, including Romania, for failing to convey information regarding the implementation of the Industrial Emissi...
India’s African Industries Wants To Buy Mechel’s Former Steel Plants In Romania
Indian African Industries Group, the largest producer of rebar in West Africa, said it is interested in taking over Mechel’s former steel plants in Romania, which are currently insolvent.
Italian Company To Build EUR10M Photovoltaic Park In Central Romania
Businessman Vladimir Cohn, owner of corrugated cardboard maker Ecopaper Zarnesti, selected Italian company to build a 6.65 MW photovoltaic park which might engulf EUR10 million, considering...
Romania Hospitality Industry Fell 20% In 2008-2010; Accounted For 2.1% Of GDP In 2010
The Romanian hospitality industry (hotels, restaurants, bars, event planning) fell over 20% in Romania between 2008 and 2010 and accounted for a little over 2% of the gross domestic product...
Fitch Affirms Romania At BBB-, With Stable Outlook
Fitch Ratings Friday affirmed Romania’s long-term foreign currency default rating at BBB-, with stable outlook, as the country has consolidated its public finances successfully and reduced e...
Toy Retailer Jumbo Plans To Open Two Stores In Romania By End-2013
Greek toy retailer Jumbo plans to open two stores in Romania by the end of 2013, namely, one in western city of Timisoara and one in capital city Bucharest.
Romania Raises EUR1.5B In 7-Year Eurobond
Romania raised EUR1.5 billion in a seven-year euro-denominated bond, at 295 points over the reference midswap rate, banking sources told MEDIAFAX Thursday.