Romania
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Coface: Romania Insolvency Numbers Up 3% On Year In 2017, At 8,256
The number of companies that went insolvent in Romania rose 3% to 8,256 in 2017, from 8,053 a year before, according to a study by Coface. The bulk of insolvent companies operate in the ener...
Romania, Hungary Agree to Develop Cluj-Budapest High-Speed Rail
Romania and Hungary's foreign ministers agreed Monday on the development of a high-speed railroad line linking Cluj-Napoca to the Hungarian capital Budapest, the Hungarian minister announced...
Romania Taps International Markets for EUR2B
Romania raised EUR2 billion tapping international markets selling two euro-denominated bond issues.
Deutsche Bank: Romania Was A Nice Surprise For Us In 2017
Romania is well regarded by us, has an impressive economic growth, we worked on major transactions with private companies last year, after having previously worked with the government only,...
Kaufland Continues Expansion, Opens Its 118th Store In Romania, In Buzau City
German-held Kaufland continues its expansion in Romania and will be opening a new store Wednesday, in the city of Buzau, the second unit in the city, reaching a network of 118 hypermarkets i...
EC Refers Romania To Court For Not Implementing EU Rules On Alternative Fuels Infrastructure
The European Commission on Thursday decided to refer Romania and Malta to the European Union’s Court of Justice as the two countries failed to notify their national policy frameworks under t...
Hotel Chain Radisson Blu To Open In Timisoara Its Fourth Hotel In Romania Under This Brand
Hotel chain Radisson Blu will be opening in western city of Timisoara its fourth hotel in Romania under this brand, after the two hotels opened in capital Bucharest and the one to be inaugur...
Smartphone Market Up To 4.5 Million Units In Romania In 2017
The number of smartphones sold in Romania last year went up by 9% to 4.5 million and the value of sales was even higher, 27%, as demand for premium models is on the rise.
PwC: Global Economy Set To Grow Nearly 4% In 2018; Romania To Keep Trend
The global economy is set to grow by almost 4% in 2018 in purchasing power parity (PPP) terms, adding an extra $5 trillion to global output at current values, and Romania’s economy is expect...