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Romania

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Eurostat: Romania Retail Trade Posts Fourth Highest Growth In EU In February
Retail&Consumer

Eurostat: Romania Retail Trade Posts Fourth Highest Growth In EU In February

Romania posted the fourth highest annual growth in retail trade in the European Union in February 2017, of 7.5%, overtaken by Slovenia (16.8%) and Luxembourg (12.9%), Eurostat data showed Tu...

Gabriela Stan · 04.04.2017 · 16:56 · 1 min
Eurostat: Romania Has More Than A Third Of Vineyard Holdings In EU
Retail&Consumer

Eurostat: Romania Has More Than A Third Of Vineyard Holdings In EU

Romania has more than a third of vineyard holdings in the European Union, namely 855,000 holdings, or 36% of EU total, but the average area per holding stood at only 0.2 hectares in 2015, ac...

Gabriela Stan · 04.04.2017 · 16:23 · 1 min
Eurostat: Romania Registers One Of Lowest Unemployment Rates In The EU
Macroeconomics

Eurostat: Romania Registers One Of Lowest Unemployment Rates In The EU

Romania registered one of the lowest unemployment rates, of 5.4%, in February 2017, with the Czech Republic seeing the lowest rate, of 3.4%, and Greece seeing the biggest rate, of 23.1%, acc...

Ecaterina Craciun · 03.04.2017 · 18:42 · 1 min
Eurostat: Germany And Italy, Romania’s Main Trading Partners In 2016
Macroeconomics

Eurostat: Germany And Italy, Romania’s Main Trading Partners In 2016

Romania’s main export partners are Germany (22% of total trade in goods), Italy (12%) and France (7%), and the bulk of imported goods comes from Germany (21% of total imports), Italy (10%) a...

Ecaterina Craciun · 29.03.2017 · 20:48 · 1 min
Macroeconomics

Romania Posts RON397.1M Budget Surplus In January-February 2017

Romania's general consolidated budget posted a surplus of RON397.1 million in January-February, or 0.05% of gross domestic product, finance ministry data showed Monday.

Gabriela Stan · 27.03.2017 · 19:36 · 1 min
Study: Romania Ranks Last In EU By Share Of Online Shoppers In Internet Users
Retail&Consumer

Study: Romania Ranks Last In EU By Share Of Online Shoppers In Internet Users

Only two in ten internet users in Romania (18%) shopped online in 2016, the lowest share in the EU, while the average stands at 66%, according to the data from marketing agency Perceptum.

Gabriela Stan · 27.03.2017 · 19:11 · 1 min
JCR Affirms Romania’s Rating, With Stable Outlook
Macroeconomics

JCR Affirms Romania’s Rating, With Stable Outlook

Japan Credit Rating Agency JCR affirmed Romania's long-term foreign and local currency ratings to BBB and BBB+, respectively, while the outlook is stable, Romanian Finance Ministry said in a...

Gabriela Stan · 27.03.2017 · 14:03 · 1 min
VIG Posts EUR3.5M Profit In Romania In 2016 Versus EUR46M Loss In 2015
Banks-Insurance

VIG Posts EUR3.5M Profit In Romania In 2016 Versus EUR46M Loss In 2015

Vienna Insurance Group (VIG), the largest foreign group operating on the Romanian insurance market, registered profit before taxes of EUR3.5 million in Romania in 2016, compared with a loss...

Ecaterina Craciun · 23.03.2017 · 12:34 · 2 min
Romania’s M&A Market Rose 17% In 2016, To EUR3.6B
Companies

Romania’s M&A Market Rose 17% In 2016, To EUR3.6B

The total value of mergers and acquisitions in Romania increased by 17% in 2016 compared to the previous year, exceeding EUR3.6 billion, according to an analysis undertaken by the PwC Romani...

Ecaterina Craciun · 22.03.2017 · 13:02 · 3 min