Romania
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Kiabi To Leave Romanian Market
French apparel retailer Kiabi will leave the Romanian market, which it entered in 2009, and is currently looking for partners to take over its six local stores, said executive Yann Le Blay.
Ghetea: Profitable Lenders In Romania Won’t Leave Market, Greek Banks Included
Foreign banks in Romania that are well positioned on the market and gained good profits, including Greek lenders, will not leave the country, CEC Bank president Radu Ghetea said Wednesday at...
Smithfield Romania Sales Up 23% In Fiscal Year 2012 To $246M
U.S. pork producer and processor Smithfield Foods said its sales in Romania increased by 23% in fiscal year 2012, to $245.8 million from $199 million, after its local subsidiary resumed pork...
Norway Removes Labor Market Restrictions For Romanians
The Norwegian Government on Friday decided to lift the barriers to the labor market for Romanian citizens, the Romanian Foreign Ministry informs.
ACEA: Romania Sees Third Largest Increase In New Car Registrations In EU In Jan-May
New car registrations in Romania rose 12.4% to 26,000 units on the year in the first five months of 2012, the third largest increase in the European Union, while the European auto market fel...
The EUR1B Credit Line From World Bank Is Like Car Insurance – You Have An Accident, You Get The Money
The EUR1-billion credit line for Romania approved on Tuesday by the World Bank (WB) is the first loan of this kind that a European country takes out, and will consolidate the liquidity reser...
World Bank Reduces Romania's Economic Growth Forecast To 1.2% In 2012
The World Bank has revised downward its forecast on Romanian economic growth to 1.2% in 2012 from 1.5% previously, warning developing countries to "prepare for a long period of volatility in...
China's Huawei Invested EUR6M In Support Center In Romania
Chinese IT&C equipment producer Huawei invested EUR6 million in a global support center in Bucharest, and the investment will reach EUR200 million by 2015, Vlad Doicaru, deputy general manag...
EU Asks Romania To Apply Directive On Defense Equipment Market
The European Commission has sent Romania and Italy a reasoned opinion, asking them to transpose into national rules a directive that reduces barriers on the community market of defense equip...