Romania
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Eurostat: Romania Posts Second Biggest GDP Growth In EU In 1Q/2019
Romania posted the second largest annual economic growth in the European Union in the first quarter of 2019, of 5.1%, data from Eurostat, the statistical office of the European Union, showed...
Alpha Bank Completes First Issuance Of Mortgage Covered Bonds In Romania, Worth EUR200M
Alpha Bank Romania has successfully completed the first issuance of mortgage covered bonds on the Romanian banking sector, in the amount of EUR200 million.
Accor Aims To Expand Its Romanian Portfolio By Ten New Hotels Until 2022
French Accor Group and its strategic partner in Eastern Europe, Orbis, will be expanding the Romanian portfolio by ten new hotels until 2022, beside the current 11 units operating under the...
Lidl Completes Its First Logistics Center In Eastern Romania And Fifth In Romania
Discount store chain Lidl, which has 240 stores in Romania, has completed its first logistics center in eastern Romania and the fifth on the local market, being located in Cordun locality, i...
EBRD Lowers Romania's Economic Growth Projection To 3.2% In 2019
The European Bank for Reconstruction and Development (EBRD) has lowered its economic growth projection for Romania to 3.2% in 2019, from 3.6% projected in its November 2018 forecast, accordi...
Romania Sees Second Highest Increase In Retail Sales Volume In The EU In March 2019
Romania saw a 9.3% increase in retail sales volume in March 2019, compared with the same period in 2018, placing it second in the European Union, the EU’s statistical office Eurostat said Mo...
Maarten Akkerman, Medtronic: Improving the healthcare system must be a joint effort of healthcare operators, government and industry
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Petrom: Romania Was Net Power Importer In 1Q/2019; National Production Down 11% YoY In 1Q/2019
Romania became a net power import in the first quarter of 2019, which is a first for the Romanian market, considering the problems in the field of production, OMV Petrom, the largest oil and...
Eurostat: Romania Posts Highest Government Debt-To-GDP Ratio In EU, In 4Q/2018
Romania’s government debt reached 0.8% of the gross domestic product in the fourth quarter of 2018, compared with the third quarter of 2018, being the country with the biggest increase in go...