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Romania

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Smithfield Romania’s Profit Quadruples In Fiscal Year 2013 To $41M
Companies

Smithfield Romania’s Profit Quadruples In Fiscal Year 2013 To $41M

U.S. pork producer and processor Smithfield Foods’ operating profit in Romania quadrupled in the 2013 fiscal year ended in April to $41.4 million, thanks to higher sales and farm subsidies.

Ioana Tudor · 19.06.2013 · 17:11 · 1 min
WB, EBRD, IMF Heads Come To Bucharest To Check One Of Their Biggest Debtors
Macroeconomics

WB, EBRD, IMF Heads Come To Bucharest To Check One Of Their Biggest Debtors

Romania is in the spotlight after welcoming the heads of the World Bank and the EBRD and now it is getting ready for the upcoming visit of the International Monetary Fund Managing Director C...

Ecaterina Craciun · 18.06.2013 · 09:50 · 3 min
Romania And Bulgaria Inaugurate Calafat-Vidin Bridge
Automotive

Romania And Bulgaria Inaugurate Calafat-Vidin Bridge

Romanian Prime Minister Victor Ponta and his Bulgarian counterpart Plamen Oresharski on Friday saluted the inauguration of the road-rail bridge over the Danube linking Calafat (Romania) to V...

Ecaterina Craciun · 14.06.2013 · 19:23 · 1 min
EBRD May Grant EUR96.6M Loan For Wind Farm Construction In SE Romania
Energy

EBRD May Grant EUR96.6M Loan For Wind Farm Construction In SE Romania

The European Bank for Reconstruction and Development (EBRD) is considering providing an up to EUR96.6 million syndicated loan to Land Power company for the construction of an 84 MW wind farm...

Ecaterina Craciun · 14.06.2013 · 17:52 · 1 min
Bulgaria, Romania Want To Build Third Bridge Over Danube
Social/Politics

Bulgaria, Romania Want To Build Third Bridge Over Danube

Bulgaria and Romania want to build a third bridge over the Danube River, to link Bulgarian port city Silistra to the Romanian city of Calarasi.

Ioana Tudor · 14.06.2013 · 11:44 · 1 min
Nvidia: Gamers Keep Video Cards Market Going In Romania
Technology &Telecoms

Nvidia: Gamers Keep Video Cards Market Going In Romania

Sales of video cards in Romania dropped in volume but increased in value last year as customers chose more expensive cards built with gamers in mind. The trend will continue over the next fe...

Ecaterina Craciun · 11.06.2013 · 00:00 · 2 min
EBRD Remains Committed To Support Investment Projects In Romania
Banks-Insurance

EBRD Remains Committed To Support Investment Projects In Romania

The European Bank for Reconstruction and Development will continue to financially support projects in Romania, regardless of the country’s success in securing a follow-up loan agreement with...

Florentina Dragu · 05.06.2013 · 16:35 · 1 min
Eurobank Swings To Profit Of EUR4.3M In Romania In 1Q
Banks-Insurance

Eurobank Swings To Profit Of EUR4.3M In Romania In 1Q

Greek group Eurobank, the owner of lender Bancpost and other local financial companies, registered net profit of EUR4.3 million in Romania in the first quarter of 2013, versus loss of EUR10....

Ioana Tudor · 02.06.2013 · 14:29 · 1 min
Deutsche Telekom To Launch My Wallet Application In Romania In 2014
Technology &Telecoms

Deutsche Telekom To Launch My Wallet Application In Romania In 2014

German group Deutsche Telekom will launch “My Wallet” application on the Romanian market in 2014, an app that will allow users to make payments directly through their mobile phones, Claudia...

Ecaterina Craciun · 31.05.2013 · 09:50 · 1 min