Romania
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Romania Sees Highest Annual Increase In Hourly Labor Costs In The EU, In 4Q/2016
Romania registered the highest annual increase in hourly labor costs, of 12.3%, in the fourth quarter of 2016, followed by Lithuania (+10.7%), Latvia (+8.1%) and Bulgaria (+8.0%), according...
Samsonite Wants To Reach 100 Stores In Romania By 2022
Samsonite Romania, retailer of travel bags and luggage, reported a turnover of EUR6.88 million in 2016, up 7% compared with the previous year.
Praktiker Romania To Close Down Two Stores
Do-it-yourself retailer Praktiker Romania plans to close down two stores this year or next spring and will announce an acquisition in the next two weeks, according to owner Omer Susli.
Foreign Tourists Spent RON5.92B In Romania In 2016
Foreign tourists spent RON5.92 billion in Romania last year, or nearly RON2,400 each, according to data released by the country’s statistics institute Friday.
The world-leading provider of CFD trading partenered with Tradeville for the local market investors
IG Markets Ltd, the world-leading provider of contract for difference (CFDs) trading services, closed a partnership with brokerage house Tradeville at the end of 2016.
ING Bank Sees Romania’s GDP Growth At 4.1%, Inflation At 1.1% In 2017
Romania’s economy is expected to grow 4.1% in 2017, inflation is seen at 1.1%, while the Romanian leu could strengthen versus the euro, according to ING Global Economic Forecasts.
Investors In South Africa, USA And Singapore Target Real Estate Projects In Romania
Investors outside of Europe were involved in nearly 70% of the value of real estate transactions carried out in 2016, and most of them come from Singapore, South Africa and the United States...
CITR: Companies In Industrial, Construction Sectors On Top Of Insolvencies In 2017
Industrial sector ranks first among the economic sectors affected by insolvency in 2017, accounting for approximately 54% of the total insolvencies registered countrywide, followed by constr...
PWC Partner: Nearly 70% Of Farms In Romania Register Income Below EUR2,000/Year
Romania places sixth in the European Union by used agricultural area, of 13.9 million hectares, and generates the biggest value added to GDP in the EU, but, in terms of yield, the country is...