Romania
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EC Refers Romania To Court Of Justice Over Illegal Landfills
The European Commission is taking Romania to the Court of Justice of the EU for its failure to close and rehabilitate 68 illegal landfills, which represent a serious risk for human health an...
Behind Romania’s Court Case That Got It EUR401M From Enel
The verdict of the International Court of Arbitration in Paris in the former Electrica Muntenia Sud case, requiring Italy’s Enel to pay EUR401 million to the Romanian government for 13.57% i...
GfK: Romania Durable Goods Market Up 9% In 2016
The Romanian durable goods market rose over 9% to EUR2.55 billion in 2016, according to a GfK TEMAX report.
Eurostat: Romania Minimum Wage, Second Lowest In EU
Romania continues to have the second lowest monthly minimum wage in the European Union, of EUR322 following the minimum wage hike in February, after Bulgaria (EUR235), Eurostat data show.
EC Sees Romania’s GDP Growth At 4.4% In 2017
The European Commission expects Romania’s economy to grow 4.4% in 2017, according to the EU executive’s winter forecast, while the Romanian government drafted the 2017 state budget on an eco...
Romania Grants Second Tranche Of Loan To Moldova
Romania will grant EUR50 million to the Republic of Moldova, representing the second tranche of the loan, after it granted the first tranche worth EUR60 million on August 24, 2016.
PMR: Romania, Bulgaria Fastest Growing Modern Retail Markets In CE In Upcoming Years
The grocery market in the CE region is expected to register steady growth in the coming years and reach EUR145.8 billion in 2021, while the Romanian and Bulgarian markets, which are the leas...
Foreign Investors Brought Capital Of RON9B To Local Companies In 2016, Up 65% Vs 2015
Foreign investors brought share capital of RON9 billion in 2016 to the companies they own in Romania, up 65% compared with the previous year, according to Trade Registry data.
Romania’s Car Production Fell 7.2% In 2016, The Third Consecutive Year Of Decline
Carmakers Automobile Dacia and Ford registered a total production of 359,306 vehicles in 2016, 7.2% fewer than in 2015. Of these, 320,457 units were made by Dacia and 38,849 units by Ford.