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Romania

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Hornbach Plans To Open Online Store In Romania
Companies

Hornbach Plans To Open Online Store In Romania

Hornbach plans to open an online store in Romania, in the first half of 2018, to cover the geographic areas where it has physical stores. The company invests EUR50-60 million annually in the...

Ecaterina Craciun · 29.06.2017 · 15:09 · 1 min
EBRD Funds EUR100M Loans To Boost Energy Efficiency In Romania’s Buildings
Banks-Insurance

EBRD Funds EUR100M Loans To Boost Energy Efficiency In Romania’s Buildings

The European Bank for Reconstruction and Development (EBRD) is launching a program aimed at financing the residential and business sector, through loans of EUR100 million, for the acquisitio...

Ecaterina Craciun · 22.06.2017 · 15:04 · 1 min
Romania Posts Sharpest Decline In Construction Sector, In The EU, In April 2017
Real Estate

Romania Posts Sharpest Decline In Construction Sector, In The EU, In April 2017

Romania registered the sharpest decreases in indicators in the construction sector among European Union member states, in April 2017, compared with the previous month and with the same month...

Ecaterina Craciun · 20.06.2017 · 17:30 · 1 min
Raiffeisen Bank International CEO: Romania Is A Core Market For Us
Banks-Insurance

Raiffeisen Bank International CEO: Romania Is A Core Market For Us

Romania has a tremendous growth potential, offers good opportunities, is a core market for Austria’s Raiffeisen banking group and is one of the three countries where it wants to grow more th...

Loredana Frățilă-Cristescu · 19.06.2017 · 00:00 · 1 min
Florin Dragu, BNR: Romania Boasts High Lending Potential
Banks-Insurance

Florin Dragu, BNR: Romania Boasts High Lending Potential

The indebtedness level among companies and the financing methods often trigger problems for Romanian companies, Florin Dragu, chief economist within the financial stability department of Rom...

Ecaterina Craciun · 07.06.2017 · 13:46 · 1 min
IFC Issues First Leu-Denominated Bond, Of RON70M, To Back Financing Of Romanian Private Sector
Banks-Insurance

IFC Issues First Leu-Denominated Bond, Of RON70M, To Back Financing Of Romanian Private Sector

The International Finance Corporation (IFC), a member of the World Bank Group, has issued a 70 million Romanian Lei (RON) bond-equivalent to approximately $17 million-as a private placement.

Ecaterina Craciun · 06.06.2017 · 17:54 · 1 min
Romania Ranks Fifth Worldwide By 2017 Flight Price Index
Automotive

Romania Ranks Fifth Worldwide By 2017 Flight Price Index

Romania ranks first in terms of short-haul flights, with a cost of EUR2.79 per 100 km for low-cost services and places fifth worldwide (domestic and external flights), according to the surve...

Ecaterina Craciun · 02.06.2017 · 12:33 · 1 min
EY Survey: Romania Ranks Fourth In Europe By FDI Job Creation In 2016
Companies

EY Survey: Romania Ranks Fourth In Europe By FDI Job Creation In 2016

Romania ranks sixth in Europe, in a ranking of countries boasting the highest number of new jobs created through foreign direct investments (FDI) in 2016, according to the 2017 edition of th...

Ecaterina Craciun · 31.05.2017 · 15:04 · 5 min
Immofinanz Rental Income In Romania At EUR12.2M In January-March 2017
Real Estate

Immofinanz Rental Income In Romania At EUR12.2M In January-March 2017

Austrian-held real estate developer Immofinanz registered rental income of EUR12.2 million from its properties in Romania, in January-March 2017.

Ecaterina Craciun · 30.05.2017 · 14:47 · 1 min