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Romania

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Commercial Vehicle Sales Inch Down 0.6% YoY To 23,767 Units In Jan-Nov 2019
Automotive

Commercial Vehicle Sales Inch Down 0.6% YoY To 23,767 Units In Jan-Nov 2019

Romania saw a 0.6% decrease in sales of commercial vehicles year-on-year to 23,767 units, in January-November 2019, data from the Automotive Manufacturers and Importers Association (APIA) sh...

Ecaterina Craciun · 23.12.2019 · 14:50 · 1 min
EY: Number Of Startups In Romania Grows Over 20% YoY In 2019
Companies

EY: Number Of Startups In Romania Grows Over 20% YoY In 2019

The number of startups in Romania grew over 20% year-over-year in 2019, which has proved to be a very good moment for this sector of the local economy, especially since the average investmen...

Ecaterina Craciun · 23.12.2019 · 13:51 · 2 min
(P) Corporate events in Romania, reinvented in the complex that offers companies the value they deserve
Capital Market

(P) Corporate events in Romania, reinvented in the complex that offers companies the value they deserve

The world is changing at a faster pace than we could have imagined. Therefore, we need to reinvent ourselves, to accept changes as a natural form of expression of the current reality. The gl...

Ștefan Stan · 19.12.2019 · 09:00 · 5 min
Romania’s GDP Per Capita Expressed In PPS At 65% Of EU Average In 2018
Macroeconomics

Romania’s GDP Per Capita Expressed In PPS At 65% Of EU Average In 2018

Romania won two percentage points in the EU average of the GDP per capita expressed in purchasing power standards (PPS), reaching 65% of the EU average, compared to 63% in 2017, according to...

Ecaterina Craciun · 13.12.2019 · 14:48 · 1 min
S&P Revises Its Outlook On Romania To Negative On Rising Fiscal And External Deficits
Macroeconomics

S&P Revises Its Outlook On Romania To Negative On Rising Fiscal And External Deficits

International rating agency Standard&Poor’s (S&P) has revised its outlook on Romania to negative from stable, amid growing fiscal and external deficits, and also affirmed its long- and short...

Ecaterina Craciun · 11.12.2019 · 10:41 · 2 min
Eurostat: Romania’s GDP Grows 0.6% On Quarter In 3Q/2019
Macroeconomics

Eurostat: Romania’s GDP Grows 0.6% On Quarter In 3Q/2019

Romania’s economy grew 0.6% in the third quarter of 2019 compared with the same quarter of the previous year, data from Eurostat, the statistical office of the European Union, showed Thursda...

Ecaterina Craciun · 05.12.2019 · 13:45 · 1 min
PwC: More Than Half Of Companies In Romania Plan To Increase Headcount In 2020
Companies

PwC: More Than Half Of Companies In Romania Plan To Increase Headcount In 2020

Over half of the respondents in Romania (54%) plan to increase employee numbers by an average of 11% in 2020, according to PwC Romania’s HR Barometer.

Ecaterina Craciun · 02.12.2019 · 12:31 · 2 min
Enel CEO: Anything Can Be Sold
Energy

Enel CEO: Anything Can Be Sold

Anything in the energy sector can be sold, provided that the necessary steps to improve efficiency and grow the company in its respective country have been taken, says Francesco Starace, chi...

Loredana Frățilă-Cristescu · 27.11.2019 · 10:00 · 1 min
Poland’s Citronex Rents 4.000 Sqm Of Storage Space In Logistics Park MLP Bucharest West
Companies

Poland’s Citronex Rents 4.000 Sqm Of Storage Space In Logistics Park MLP Bucharest West

Polish Citronex Group, one of the world’s largest banana importers and distributors, has leased 4,000 square meters of storage space within logistics park MLP Bucharest West, its second dist...

Ecaterina Craciun · 26.11.2019 · 11:38 · 1 min