Romania
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Gica Popescu To Invest EUR20M In Romania’s First Courtyard Marriott Hotel
Romanian hotel developer Gica Popescu Hotels and hotel chain Marriott International have recently concluded a partnership whereby the former will build, develop and operate the first hotel i...
IMF, EC Expect Romania’s New Cabinet To Fulfill Its Commitments Toward International Partners
The International Monetary Fund and the European Commission have high hopes that Romania’s new Cabinet will fulfill its commitments toward international partners, according to a press releas...
Praktiker 1Q Sales In Romania Fell 10.6% To EUR23M
German do-it-yourself retail chain Praktiker registered a 10.6% decrease in net sales in Romania in the first quarter of the year, to EUR23.1 million, the retailer said in its financial repo...
Chinese Businessmen Keen On Investing In Romania’s Agriculture, IT, Energy Sectors
Chinese businessmen have expressed interest in investing in projects in Romania’s sectors of agriculture, information technology, infrastructure and energy.
Romania Not Closer To Schengen After Dutch Government Resignation - Expert
Romania and Bulgaria's bids to join the Schengen Agreement are not likely to receive a green light from the Netherlands ahead of the country's early elections in the fall, according to a Dut...
Romanian Government Ratifies Croatia’s EU Accession Treaty
Romania’s Government on Tuesday approved the bill ratifying Croatia’s accession treaty to the European Union, which will then have to be ratified by the Parliament, people close to the matte...
Russia’s Polyus Gold Sells Romanian Mining Assets For $20M
Russia's largest gold producer Polyus Gold on Friday said it has agreed to sell its gold mining assets in Romania for $20 million to a British Virgin Islands incorporated holding company aff...
Deloitte: Romanian Firms Stay Prudent Amid Economic Uncertainty
Increasing revenues on existing markets and improving cash flow are the main priorities for Romanian chief financial officers (CFOs) over the next 12 months, as few of them are currently con...
Carrefour Romania Posts 3.6% Rise In First Quarter Sales, To EUR277M
French group Carrefour Thursday reported sales of EUR277 million in the first quarter in Romania, up 3.6% from EUR267 million in the same interval of the previous year.