Romania
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Lidl Reaches 220 Stores In Romania Versus 205 Units End-2016
German-held discount store chain Lidl, which officially entered the Romanian market in 2011 by taking over Plus Discount, has reached a total 220 stores in Romania, compared with 205 units a...
Benvenuti Reaches 52-Unit Network In Romania
Footwear retailer Benvenuti, controlled by entrepreneur Dan Pavel, has reached a 52-store network across Romania after opening three units in 2017, which add to two Enzo Bertini units sellin...
EC Urges Romania To Correctly Transpose EU Legislation Establishing A Single European Railway Area
The European Commission on Thursday decided to send a letter of formal notice to Romania due to shortcomings in the application of the European Union rules establishing a single European rai...
EC Urges Romania To Transpose Anti-Money Laundering Directive
The European Commission on Thursday urged Romania and seven other countries within the European Union to transpose the '4th Anti-Money Laundering Directive' in their national legislation.
Caso Mechatronics Invests EUR260,000 In Machinery Factory In Campia Turzii
Caso Mechatronics has leased a surface area of 8,100 square meters in Campia Turzii de industrial park for a machinery and equipment factory. The initial investment rises to EUR260,000.
Automotive Parts Manufacturer Takata Recruits 530 People At Its Factories In Arad And Sibiu
The factories of automotive parts manufacturer Takata in Romanian cities of Sibiu and Arad, a business worth over RON3 billion recently acquired by American company Key Safety Systems (KSS),...
Erste: Romania’s Public Debt To Stay Below 37% Of GDP In 2018
Romania's public debt will stay below 37% of GDP and well below the 60% level set by the Maastricht criteria in the coming quarters, the Erste Group said in a CEE public debt research paper.
Ecofin Council: Romania Must Correct Significant Budgetary Deviation Until April 15, 2018
The Economic and Financial Affairs Council (ECOFIN) of the European Union found that Romania has failed to take effective action to correct a significant budgetary deviation and has set Apri...
Romania Imports EUR50M Worth Of Toys And Exports Only EUR7M Worth Of Toys
Romania imported toys worth EUR50 million in 2016, which translates into a more than sevenfold increase compared with the value of toy exports which did not exceed EUR7 million in 2016, acco...