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Romania

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Romania, Above EU Average By Ratio Of Investment To GDP In 2016
Macroeconomics

Romania, Above EU Average By Ratio Of Investment To GDP In 2016

Romania’s ratio of investment to GDP, of 22.7%, in 2016, is above the EU average, of 19.7%, with the investment level in the EU reaching EUR3,000 billion, the EU’s statistics office Eurostat...

Ecaterina Craciun · 11.05.2017 · 18:02 · 1 min
UniCredit Posts 16% Higher Consolidated Profit In Romania, Of EUR21M, In 1Q/2017
Banks-Insurance

UniCredit Posts 16% Higher Consolidated Profit In Romania, Of EUR21M, In 1Q/2017

Italian group UniCredit registered a consolidated profit of EUR21 million in Romania, in January-March 2017, up 16.1% from the year-earlier period, according to a report released on Thursday...

Ecaterina Craciun · 11.05.2017 · 14:05 · 1 min
EC Cuts Romania’s 2017 GDP Growth Forecast To 4.3%
Macroeconomics

EC Cuts Romania’s 2017 GDP Growth Forecast To 4.3%

The European Commission (EC) has revised downward its forecast on Romania’s 2017 economic growth by 0.1%, to 4.3% from 4.4%, below the Romanian Government’s projection of 5.2%, and kept its...

Ecaterina Craciun · 11.05.2017 · 13:11 · 1 min
UniCredit CEE Head: We’re Interested In Portfolios Not Banks In Romania
Banks-Insurance

UniCredit CEE Head: We’re Interested In Portfolios Not Banks In Romania

UniCredit continues to rely on organic growth but is also looking at new opportunities for buying portfolios from other banks in Romania and in the region and will carefully weigh such oppor...

Loredana Frățilă-Cristescu · 11.05.2017 · 00:01 · 1 min
eMag 2016 Turnover In Romania Up 45% To RON2.02B
Retail&Consumer

eMag 2016 Turnover In Romania Up 45% To RON2.02B

eMag, the biggest online retailer on the Romanian market, reported a turnover of RON2.02 billion (EUR449 million) in Romania, in 2016, up 45% on the year, according to Iulian Stanciu, CEO of...

Ecaterina Craciun · 10.05.2017 · 13:25 · 1 min
Germany’s Aldi Group Starts Recruitment Process In Romania
Retail&Consumer

Germany’s Aldi Group Starts Recruitment Process In Romania

Germany’s discount store chain Aldi has started the process the recruit a local management team, which is the first step of its intent to enter Romania, market sources say.

Loredana Frățilă-Cristescu · 09.05.2017 · 00:00 · 1 min
French Group Alten To Exceed 1,000 Employees In Romania By End-2017
Companies

French Group Alten To Exceed 1,000 Employees In Romania By End-2017

French group Alten, which specializes in engineering and technical consultancy, will exceed 1,000 employees in Romania by the end of 2017, due to expanding its activity mainly in its centers...

Ecaterina Craciun · 08.05.2017 · 20:02 · 1 min
Deloitte Expects To Reach Over 2,000 Employees In A Few Years, In Romania, Vs Some 600 Currently
Companies

Deloitte Expects To Reach Over 2,000 Employees In A Few Years, In Romania, Vs Some 600 Currently

Consulting and audit company Deloitte Romania expects to reach over 2,000 employees in Romania, in a few years, compared with approximately 600 currently, and its technology services center...

Ecaterina Craciun · 04.05.2017 · 14:49 · 1 min
ACEA: 11 Electric And 392 Hybrid Vehicles Registered In Romania In 1Q/2017
Automotive

ACEA: 11 Electric And 392 Hybrid Vehicles Registered In Romania In 1Q/2017

The number of new electric vehicles registered in the European Union rose 30% in the first quarter of 2017, to 47,196 units, of which 11 units in Romania, double compared with the same perio...

Ecaterina Craciun · 04.05.2017 · 12:23 · 1 min