Romania
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European Commission Approves EUR935M Aid Scheme For SMEs In Romania
The European Commission has approved an aid scheme of EUR935 million for Romania in order to support small- and medium-sized enterprises (SMEs) and some enterprises affected by the COVID-19...
VIG Gross Underwritings In Romania Drop 2.5% YoY To EUR230M In 1H/2020
Austria’s Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, said Wednesday it recorded gross underwritings of EUR229.1 million in Roma...
Dacia Registrations Grow 15% In France In July, Drop 34% In Romania In Jan-July 2020
Romanian carmaker Dacia, owned by France's Renault, reported a 15% increase in new registrations in France to almost 11,510 units in July 2020, continuing the upward trend in June, data from...
Romania Secures EUR80B From The EU For Economic Recovery, Infrastructure Development
Romania will receive EUR79.9 billion from the European Union for economic recovery and infrastructure development, President Klaus Iohannis announced on Tuesday (July 21).
European Union Invests EUR118M In Ten Transport Infrastructure Projects In Romania
The European Commission said on Thursday it is providing EUR118 million for Romania to finance reconstruction works and feasibility studies for ten major railway, water and road infrastructu...
Eurostat: Electricity Consumption In Romania Drops To Five-Year Low In January-April 2020
Between January and April 2020, electricity consumption in Romania has reached the lowest level in the last five years, according to Eurostat, the statistical office of the European Union.
Eurostat: Romania Sees Third Largest Decrease In Industrial Production In The EU YoY In May 2020
Romania recorded the third largest decline (-27.4%) in industrial production year-over-year in May 2020, among the European Union Member States, after Slovakia (-33.5%) and Hungary (-27.4%),...
Study: Romania Imports 25,000 To 96,000 Tons Of Vegetable And Fruit Monthly
A study conducted by agricultural cooperative Cooperativa Tara Mea in July 2020 shows Romania’s vegetable imports grew in 2019, including in the months of July and August, when the country a...
Alexandru Reff, Deloitte: Romania’s Economic Contraction May Be Deeper Than International Institutions’ Forecasts
International institutions’ latest forecasts regarding the evolution of the Romanian economy may prove optimistic, considering that more robust economies, such as Italy’s and Germany’s, are...