Romania
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Romania Becomes Second Corn Producer In EU Again
Romania will return to second place among corn producers in the European Union this year as its harvest is estimated at 11.3 million tons, leaving Italy (8 million tons) and Hungary (8.6 mil...
HP: There Is Potential To Sign Contracts For Cloud Services In The Government Area In Romania
US Hewlett Packard (HP), one of the world’s largest producers of IT equipment and providers of IT services, has in the past year won two “major” customers on the cloud solutions segment and...
EBRD Lends EUR27.2M To Water And Sewage Companies in Two Romanian Counties
The European Bank for Reconstruction and Development (EBRD) will grant loans of EUR16.4 million and EUR10.8 million to the water and sewage companies in counties Bacau, eastern Romania, and...
Ayrault Says Pleased That France’s Trade Deficit In Relation To Romania Is Narrowing
French Prime Minister Jean-Marc Ayrault said it is important that commercial ties between Romania and France have become more balanced, considering that since 2009 Romania has seen a trade s...
Companies In Romania Borrowed EUR11B Directly From Foreign Banks
More than one thousand companies in Romania took out EUR11 billion loans directly from Austrian, German, French, Spanish and Italian banks by the end of March, according to central bank data...
Kapsch Might Build Data Center In Romania
Austrian Kapsch is trying to get Romanian companies to store their data in the Kapfenburg bunker built in the ‘40s during World War II, where tank parts were originally set to be built.
JP Morgan Ups Romania’s GDP Growth Forecast To 2.6% In 2013
US giant JP Morgan revised upward its forecast for Romania’s gross domestic product to 2.6% in 2013, from 1.9% previously, which is one of the most optimistic forecasts for this year.
Ambassador Philippe Gustin: Low Wages, And Not Only That, Keep French Investors In Romania
French investors have stayed in Romania, despite the economic crisis, because the country continues to offer interesting opportunities –cheap and skilled workforce and the possibility of dev...
Italian Group Maschio Gaspardo Expands Production Unit In W Romania
Italian farm machinery producer Maschio Gaspardo is expanding by 25% its 8,000-sqm production facility in Chisineu-Cris, in Romanian western county of Arad.