Romania
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EBRD Expects Romania’s Economy To Slow Down In 2017 And 2018
The European Bank for Reconstruction and Development (EBRD) expects Romania’s economy to slow down in 2017 and 2018, but its growth will remain remarkable in the region.
H&M Sales In Romania Up 14% In 2016, To RON760M
Swedish apparel retailer Hennes & Mauritz (H&M), which operates more than 50 stores in Romania, reported a net profit of nearly RON14 million locally, in 2016, up only 3% on the year, and sa...
Mayr Melnhof Packaging Eyes EUR29M Turnover In 2017, In Romania
The Romanian division of Austrian packaging producer Mayr-Melnhoff Packaging targets a turnover of RON127.8 million (EUR28.7 million) in 2017, up 8% on the year, according to company data.
KFC To Open Minimum Five Units In Romania In 2017
Fast food restaurant chain KFC plans to open minimum five units this year and reach 3,300 employees in Romania, the company’s representatives said Thursday.
Intesa Sanpaolo Bank Romania GM: Local Companies Have Huge Growth Potential
Romanian companies have huge growth potential, the local market is very important, but many people still rely on the paradigm ”it is not possible,” Marco Capellini, general manager of Intesa...
AmCham Romania: Flat Tax Should Be Maintained As It Proved To Be The Most Efficient Fiscal Policy For Romania’s Economy
AmCham Romania supports the maintaining of the current flat tax that proved to be the most efficient fiscal policy for Romania’s economy, and considers that introducing a complex mechanism t...
Eurostat: Romania’s Deficit At 3% Of GDP In 2016
Romania and Great Britain registered a deficit of 3% of GDP in 2016, according to preliminary data published Monday by EU’s statistics office Eurostat.
Eurostat: Romania Posts Lowest Annual Inflation Rate In EU In March 2017
Romania posted the lowest annual inflation rate, of 0.4%, in the European Union in March 2017, while the EU's average rate stood at 1.6% from 2% in February, EU’s statistics office Eurostat...
Praktiker Romania Sales Up 3% In 2016
Do-it-yourself retailer Praktiker Romania reported 3% higher sales last year, while the company’s turnover stood at EUR137 million, similar with 2015.