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Romania

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European Commission Refers Romania To EU Court Of Justice Regarding Money Laundering Directive
Social/Politics

European Commission Refers Romania To EU Court Of Justice Regarding Money Laundering Directive

The European Commission announced on Thursday that it referred Romania, together with Greece and Ireland, to the EU Court of Justice for failing to implement an anti-money laundering directi...

Ecaterina Craciun · 19.07.2018 · 15:38 · 1 min
Romania Becomes Kaufland’s Second Biggest Market
Retail&Consumer

Romania Becomes Kaufland’s Second Biggest Market

German-held retailer Kaufland, which has 119 hypermarkets in Romania, posted 10.1 billion lei (EUR2.2 billion) revenue in the country in 2017, which makes this market its second biggest afte...

Loredana Frățilă-Cristescu · 19.07.2018 · 10:12 · 1 min
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.7%, In June 2018
Macroeconomics

Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.7%, In June 2018

Romania ranks first in the European Union regarding the annual inflation rate in June 2018, seeing an increase of 4.7% in the Harmonised Index of Consumer Prices (HICP), Eurostat, the statis...

Ecaterina Craciun · 18.07.2018 · 15:39 · 1 min
Radu Dumitrescu, Deloitte: Romania Remains Attractive To Investment Funds In The Region
Companies

Radu Dumitrescu, Deloitte: Romania Remains Attractive To Investment Funds In The Region

Radu Dumitrescu, Partner within audit and consulting firm Deloitte Romania, believes Romania will remain on the radar of investment funds in the region, considering the history of transactio...

Ecaterina Craciun · 12.07.2018 · 16:52 · 1 min
Eurostat: House Prices In Romania Up 6.6% In 1Q/2018, Little Above EU Average Of 4.7%
Real Estate

Eurostat: House Prices In Romania Up 6.6% In 1Q/2018, Little Above EU Average Of 4.7%

House prices in Romania rose by 6.6% year-on-year in the first quarter of 2018, a little above the European Union average of 4.7%, considering that house prices in Romania grew by 6.1% in 20...

Ecaterina Craciun · 10.07.2018 · 15:48 · 1 min
Dumitru Pirvu, Central Bank: Profit Of Foreign-Held Firms Totals EUR8.4B, A Level Not Seen Even Before Crisis
Companies

Dumitru Pirvu, Central Bank: Profit Of Foreign-Held Firms Totals EUR8.4B, A Level Not Seen Even Before Crisis

Foreign direct investment, or FDI, in Romania remained unchanged in 2017, compared with the previous year, at EUR4.5 billion, and the companies that invested in Romania kept reinvesting over...

Ecaterina Craciun · 28.06.2018 · 15:26 · 1 min
Eurostat: Romania Has The Most, But Smallest Farms In The EU
Companies

Eurostat: Romania Has The Most, But Smallest Farms In The EU

Romania ranks first in the European Union, with the most farms, but nine in every ten farms are smaller than five hectares (ha), Eurostat, the statistical office of the European Union, said...

Ecaterina Craciun · 28.06.2018 · 14:31 · 1 min
Intesa Bank Group Chairman: Romania, A Major Business Opportunity For Us
Banks-Insurance

Intesa Bank Group Chairman: Romania, A Major Business Opportunity For Us

Gian Maria Gros-Pietro, the chairman of the board of directors of Intesa Sanpaolo, says that Romania is a major business opportunity for the Italian banking group, and the intention is to ac...

Loredana Frățilă-Cristescu · 20.06.2018 · 11:07 · 1 min
World Bank Approves New Country Partnership Framework for Romania
Banks-Insurance

World Bank Approves New Country Partnership Framework for Romania

The World Bank Group’s Board of Executive Directors endorsed a new five-year Country Partnership Framework (CPF) for Romania that will prioritize investments in people, support for vibrant p...

Oana Gavrila · 20.06.2018 · 10:47 · 2 min