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Romania

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Eurostat: Romania Ranks 11th Among EU States By House Price
Real Estate

Eurostat: Romania Ranks 11th Among EU States By House Price

Romania ranks 11th among the states in the European Union by house price, registering a 2.9% price increase in 2015 compared with 2010, according to Eurostat data.

Gabriela Stan · 27.02.2017 · 16:08 · 1 min
BNP Paribas Real Estate Appoints New Country Manager For Romania
Real Estate

BNP Paribas Real Estate Appoints New Country Manager For Romania

BNP Paribas Real Estate has appointed Olga Melihov at the helm of the company’s division in Romania.

Ecaterina Craciun · 23.02.2017 · 14:01 · 1 min
Social/Politics

EC: 20% Richest Romanians Have An Income 8-Fold Higher Than Income Of Poorest 20%

The richest 20% of the Romanian population have an income more than eight times higher than the income of the poorest 20%, a ratio significantly higher than the EU average, according to the...

Gabriela Stan · 23.02.2017 · 13:08 · 1 min
EC: Corruption Affects Business Environment, Decree 13 Generated Risks For Anti-Corruption Efforts
Social/Politics

EC: Corruption Affects Business Environment, Decree 13 Generated Risks For Anti-Corruption Efforts

Corruption remains an obstacle for doing business in Romania, being acknowledged as a major issue, as shown in perception surveys and most recently in a Eurobarometer on the Cooperation and...

Gabriela Stan · 22.02.2017 · 18:43 · 1 min
Central Bank: Romania Exported IT Services Of EUR2.5B In 2016
Technology &Telecoms

Central Bank: Romania Exported IT Services Of EUR2.5B In 2016

Romania exported computer and information services worth nearly EUR2.5 billion in 2016, up 16% on the year, according to data provided by the central bank.

Ecaterina Craciun · 21.02.2017 · 10:55 · 1 min
Communications Minister: Romania Is Pretty Vulnerable Regarding Cybersecurity
Technology &Telecoms

Communications Minister: Romania Is Pretty Vulnerable Regarding Cybersecurity

The companies and population in Romania are pretty vulnerable in terms of cybersecurity, but one cannot talk about vulnerabilities when it comes to infrastructures of critical importance, Co...

Ecaterina Craciun · 19.02.2017 · 15:31 · 1 min
World’s Biggest Private Equity Firm, Carlyle Group, Ends Up Controling 36 Companies In Romania
Companies

World’s Biggest Private Equity Firm, Carlyle Group, Ends Up Controling 36 Companies In Romania

Private equity firm Carlyle Group came to control 36 firms in Romania, operating in various economic sectors, and its last acquisition targeted a series of assets of oil and gas company OMV...

Ecaterina Craciun · 17.02.2017 · 15:12 · 1 min
EC Launches Infringement Procedure Against Romania On Retail Trade Of Agricultural And Food Products
Retail&Consumer

EC Launches Infringement Procedure Against Romania On Retail Trade Of Agricultural And Food Products

The European Commission sent a letter of formal notice to Romania on the grounds that its national rules on retail of agricultural and food products run against EU law.

Gabriela Stan · 16.02.2017 · 14:25 · 1 min
Lidl Continues Expansion On Romanian Market By Opening Two New Stores
Retail&Consumer

Lidl Continues Expansion On Romanian Market By Opening Two New Stores

German discount retailer Lidl continues its expansion plan on the Romanian market by opening a 1,200-square meter store in Cluj-Napoca and a similar one in Targu Jiu.

Ecaterina Craciun · 16.02.2017 · 14:23 · 1 min