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Romania

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Romania’s Total External Debt Grows By EUR9.13B In January-August 2019, To EUR108.9B
Macroeconomics

Romania’s Total External Debt Grows By EUR9.13B In January-August 2019, To EUR108.9B

Romania’s total external debt grew by EUR9.13 billion in January-August 2019, to EUR108.9 billion, with the long-term debt accounting for 68.2%, central bank data showed Monday.

Ecaterina Craciun · 14.10.2019 · 14:32 · 1 min
Romania Places 46th In IMD’s World Digital Competitiveness Ranking
Technology &Telecoms

Romania Places 46th In IMD’s World Digital Competitiveness Ranking

A country’s digital economy is of utmost importance for the companies doing business on the respective market and for the people and the country’s overall development. In this context, Roman...

Ecaterina Craciun · 08.10.2019 · 20:07 · 1 min
Fitch Ratings Assigns Romania's Electrica First-Time 'BBB' IDR; Outlook Stable
Companies

Fitch Ratings Assigns Romania's Electrica First-Time 'BBB' IDR; Outlook Stable

Fitch Ratings has assigned Romanian state-owned energy utility group Electrica (EL.RO) a Long-Term Issuer Default Rating (IDR) of 'BBB' with a Stable Outlook, Fitch Ratings said in a press s...

Ecaterina Craciun · 23.09.2019 · 18:35 · 2 min
AMCHAM:  Romania Needs A Fiscal System That Is Predictable, Coherent And Relevant For Business Environment
Companies

AMCHAM: Romania Needs A Fiscal System That Is Predictable, Coherent And Relevant For Business Environment

The flat tax is the most attractive fiscal measure taken by Romania, while delaying the digitalization process of the fiscal administration and the lack of predictability in the field are se...

Ecaterina Craciun · 23.09.2019 · 17:54 · 2 min
Eurostat: Romania Had Third Highest Trade In Goods Surplus With Africa In 2018
Macroeconomics

Eurostat: Romania Had Third Highest Trade In Goods Surplus With Africa In 2018

The European Union (EU) is the largest partner for trade in goods with Africa, ahead of China, India, the United States and the United Arab Emirates, Eurostat data showed Monday.

Ecaterina Craciun · 23.09.2019 · 14:15 · 1 min
Romania Posts Second Largest Growth In New Car Registrations In EU In January-August 2019
Automotive

Romania Posts Second Largest Growth In New Car Registrations In EU In January-August 2019

Romania posted the second largest growth in new car registrations among EU countries, year-over-year in January-August 2019, of 13.7%, data from the association of automotive manufacturers i...

Ecaterina Craciun · 18.09.2019 · 13:07 · 1 min
Burger King To Open Its First Restaurant In Romania, Within Mega Mall, On Sept 26
Companies

Burger King To Open Its First Restaurant In Romania, Within Mega Mall, On Sept 26

Poland’s Amrest Group will be opening its the first Burger King restaurant in Romania, within Bucharest-based Mega Mall shopping center, on September 26, and is to open two new units by the...

Ecaterina Craciun · 17.09.2019 · 13:16 · 1 min
Paris Nikolopoulos To Run Coca-Cola Operations In Romania
Companies

Paris Nikolopoulos To Run Coca-Cola Operations In Romania

Coca-Cola operations in Romania will be run by Paris Nikolopoulos, the new Franchise Country Manager Coca-Cola Romania, starting this fall, replacing Nicoleta Eftimiu who was promoted at reg...

Ecaterina Craciun · 13.09.2019 · 14:45 · 1 min
Eurostat: Romania Posts Largest Monthly Decrease In Industrial Production In EU In July 2019
Macroeconomics

Eurostat: Romania Posts Largest Monthly Decrease In Industrial Production In EU In July 2019

Romania registered the largest decrease in industrial production among European Union Member States, of 3.3%, in July 2019 compared with June 2019, and the second largest decrease in the EU,...

Ecaterina Craciun · 12.09.2019 · 17:43 · 1 min