Romania
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EBRD Invested EUR600M In Romania In 2012
The European Bank for Reconstruction and Development, EBRD, invested around EUR600 million in Romania in 2012, financing a number of 26 projects, the bank’s financial analyst Olga Rosca said...
World Bank Cuts Romania's Economic Growth Forecast To 1.6% In 2013
The World Bank has revised downward its forecast on Romanian economic growth to 1.6% in 2013 from its previous estimate of 2.8%.
New Car Registrations In Romania Declined Twice As Fast As In EU In 2012
New car registrations in Romania declined 18.7% in 2012, to 66,436 units from 81,709 the previous year, a decline twice as sharp compared to the EU auto market which fell 8.2%.
EDP Invests EUR50M In Photovoltaic Projects In Romania
EDP Renovaveis (EDPR), the renewable energy division of Energias de Portugal, set off EUR50 million investments in solar photovoltaic systems in September 2012.
Klöckner Sells Operations In Eastern European Countries, Including Romania
German distributor of steel and non-ferrous metals Klöckner has sold its operations in the Czech Republic, Bulgaria and Romania, as part of its restructuring program which targets the entire...
Fitch: Romania Banks May Show Signs Of Improvement In 2013, Ampler Recovery Unlikely
Romania’s banking system is expected to stabilize next year, after losses registered in 2010, 2011 and the first nine months of the year, but a broader recovery seems unlikely given expectat...
Romania Ranks Third In EU Regarding Share Of Low-Wage Earners - Eurostat
Romania is ranked third in the European Union regarding the share of low-wage earners among employees (25.6%) in 2010, after Latvia (27.8%) and Lithuania (27.2%), official data showed Thursd...
EFG Eurobank Loss In Romania Widens To EUR27M In Jan-Sep
Greek group EFG Eurobank, the owner of lender Bancpost and other local financial companies, registered a loss of EUR27.3 million in Romania in the first nine months of 2012, from a negative...
German Praktiker Has No Plans To Close Or Sell Romanian Operations
Although the do-it-yourself retail business will be witnessing various transactions, German retail chain Praktiker currently has no plans to close or sell its Romanian subsidiary, said Micha...