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Romania

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Christophe Dridi, Dacia: Romania’s Car Production to Reach at Least 650,000 Units after 2020
Automotive

Christophe Dridi, Dacia: Romania’s Car Production to Reach at Least 650,000 Units after 2020

Dacia and Ford, the two carmakers in Romania, will see production reach 650,000 cars after 2020, but the auto industry needs support to continue to develop.

Loredana Frățilă-Cristescu · 25.07.2019 · 00:00 · 1 min
Eurostat: Romania Posts Highest Annual Inflation Rate In the EU, Of 3.9%, In June 2019
Macroeconomics

Eurostat: Romania Posts Highest Annual Inflation Rate In the EU, Of 3.9%, In June 2019

Romania recorded the highest annual inflation rate in the European Union, of 3.9%, in June 2019, being followed by Hungary (3.4%) and Latvia (3.1%) Eurostat, the statistical office of the Eu...

Ecaterina Craciun · 17.07.2019 · 17:15 · 1 min
Mazars: Romania Is Competitive In Terms Of Fiscal Costs For Employers
Companies

Mazars: Romania Is Competitive In Terms Of Fiscal Costs For Employers

The total salary costs of employers in the region reach, on average, nearly 160% of the net wage, and Romania is below this threshold.

Ecaterina Craciun · 12.07.2019 · 18:24 · 2 min
Eurostat: Romania Posts Second Largest Decrease In Industrial Production In The EU In May 2019
Macroeconomics

Eurostat: Romania Posts Second Largest Decrease In Industrial Production In The EU In May 2019

With a 1.9% decline in industrial production in May 2019, Romania ranks second among European Union Member States, after Finland, as per a report released Friday by Eurostat, the statistical...

Ecaterina Craciun · 12.07.2019 · 16:22 · 1 min
French Companies’ Investments In Romania Up 26% To EUR4.7B In 2007-2017 Period
Companies

French Companies’ Investments In Romania Up 26% To EUR4.7B In 2007-2017 Period

French companies’ investments in Romania grew nearly 26% between 2007 and 2017, to EUR4.7 billion, with the automotive industry, trade and financial brokerage being the growth engines, as pe...

Ecaterina Craciun · 12.07.2019 · 15:19 · 1 min
Romania’s Finance Ministry Has Borrowed Record High of EUR5B From International Markets This Year
Banks-Insurance

Romania’s Finance Ministry Has Borrowed Record High of EUR5B From International Markets This Year

The Finance Ministry on Tuesday borrowed EUR2 billion at its second round on the international financial markets this year, EUR1.4 billion maturing in 12 years and EUR600 million by reopenin...

Loredana Frățilă-Cristescu · 10.07.2019 · 09:00 · 1 min
JLL: More Romanian Capital Needed in Real Estate
Real Estate

JLL: More Romanian Capital Needed in Real Estate

Romanian investors are starting to become more and more active on the local real estate market but most of them buy projects worth several million or tens of millions of euros at best, since...

Loredana Frățilă-Cristescu · 08.07.2019 · 00:00 · 1 min
CEZ Shareholders Approve Sale Of Romanian Operations
Energy

CEZ Shareholders Approve Sale Of Romanian Operations

Czech-held utility group CEZ has received the shareholders’ agreement for the new business strategy which targets, among others, the sale of foreign assets, including the assets in Romania,...

Ecaterina Craciun · 05.07.2019 · 18:13 · 1 min
C&W: Romania Ranked Fifth In Europe In 2018 By Retail Space Delivery Within Retail Parks
Real Estate

C&W: Romania Ranked Fifth In Europe In 2018 By Retail Space Delivery Within Retail Parks

Romania ranked fifth in Europe, in 2018, regarding the deliveries of retail space within retail parks, being outranked only by France, Spain, UK and Italy, as per the European Retail Park –...

Ecaterina Craciun · 25.06.2019 · 13:57 · 1 min