Romania
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IMF Sees Romania’s GDP Growth At 4.2% In 2017 And 3.4% In 2018
The International Monetary Fund (IMF) estimates Romania’s economy will increase by 4.2% in 2017 and by 3.4% in 2018, according to its latest report on the World Economic Outlook.
Destatis - Labor Costs Rose 10.6% In Romania In 2016, The Highest Growth Rate In The EU
Labor costs rose over 10% in Romania in 2016, reaching EUR5.40 per hour, which translates into the highest growth rate in the European Union, placing Romania 27th among the EU28, according t...
Mazda Sales In Romania Up 17% To 371 Units In January-March 2017
Sales of Japanese automaker Mazda on the Romanian market surged 17% on the year in the first three months of 2017, to 371 units sold, the company said in a statement Monday.
Fitbit To Expand Romanian R&D Center To 200 Employees
US-held Fitbit, the leader of the global wearables market, has decided to boost the number of employees at its research and development center in Bucharest five-fold to 200 people in two yea...
Energy Expert: Fuel Price Hike Could Jeopardize Romania’s Economic Growth
The price increase of crude oil and oil products, after the recent chemical attack in Syria, could jeopardize Romania’s economic growth, as a fuel price hike would trigger a chain reaction i...
Eurostat: Romania And Bulgaria See Lowest Hourly Labor Costs In EU In 2016
Romania (EUR5.5) and Bulgaria (EUR4.4) registered the lowest hourly labor costs in the European Union in 2016, while the highest hourly labor costs were registered in Denmark (EUR42) and Bel...
Lidl Continues Expansion On Romanian Market By Opening Three New Stores
German discount retailer Lidl is continuing its expansion on the Romanian market by opening three stores in Calarasi, Piatra Neamt and Pitesti, respectively, and each unit has a client surfa...
BayWa Agri Romania Buys Two Silos By Acquiring Cargill Cereale, For $1.85M
Grain trader BayWa Agri Romania has bought the operations of two silos, by taking over Bucharest-based company Cargill Cereale, for $1.85 million, and plans to extend its commercial agricult...
Deloitte: 2017 Starts With Correction On Romanian M&A Market, But Sees Similar Evolution As Last Year
The first quarter of 2017 has brought a correction on the Romanian mergers and acquisitions (M&A) market, as the number and value of transactions decreased versus the last three months of 20...