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Romania

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Romania’s Wine Production Up Nearly One Third In 2016, To Almost 5 Mln Hectoliters
Retail&Consumer

Romania’s Wine Production Up Nearly One Third In 2016, To Almost 5 Mln Hectoliters

Romania was one of the three countries in the European Union whose wine production rose in 2016 after all the other states saw declines of up to 28%. Actually, EU’s total wine production fel...

Ecaterina Craciun · 13.01.2017 · 11:48 · 1 min
World Bank Sees Romania GDP Growth At 3.7% In 2017
Macroeconomics

World Bank Sees Romania GDP Growth At 3.7% In 2017

The World Bank estimates the Romanian economy will grow by 3.7% this year, after a 4.7% growth in 2016, according to "January 2017 Global Economic Prospects" report, released Tuesday.

Gabriela Stan · 11.01.2017 · 13:58 · 1 min
Romania Ranks Next To Last In EU By Wine Exports, With Only 4% Of Its Total Production
Retail&Consumer

Romania Ranks Next To Last In EU By Wine Exports, With Only 4% Of Its Total Production

Romania exports annually only 4% of its total wine production, which places it next to last in the European Union (among wine-producing countries), being followed only by Malta which exports...

Ecaterina Craciun · 10.01.2017 · 13:47 · 1 min
Private Equity Firms Bet EUR1B On Romania In 2016
Companies

Private Equity Firms Bet EUR1B On Romania In 2016

Private equity firms spent about EUR1 billion last year, a record amount for Romania and five times higher than in 2015. Most money went to retail, real estate, industry and consumer goods s...

Loredana Frățilă-Cristescu · 05.01.2017 · 00:00 · 1 min
Romania Private Lending Up 0.9% On Month In November
Macroeconomics

Romania Private Lending Up 0.9% On Month In November

Romanian private lending grew 0.9% (0.8% in real terms) in November compared with October, to RON220.62 billion, central bank data showed Friday.

Gabriela Stan · 23.12.2016 · 13:35 · 1 min
EU, EBRD And EIB Support Gas Interconnection Between Moldova And Romania
Energy

EU, EBRD And EIB Support Gas Interconnection Between Moldova And Romania

In a joint effort to strengthen Moldova’s energy security, the European Union, the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are providin...

Ecaterina Craciun · 20.12.2016 · 10:45 · 1 min
Imobiliare.ro: Interest In New Apartments Tripled In Last Four Years
Real Estate

Imobiliare.ro: Interest In New Apartments Tripled In Last Four Years

Interest in acquiring apartments has increased over the last four years in all big cities in Romania, according to an analysis presented on Monday by web portal Imobiliare.ro.

Ecaterina Craciun · 19.12.2016 · 17:26 · 2 min
Eurostat: Romanian Construction Output Up 1% YoY In October
Real Estate

Eurostat: Romanian Construction Output Up 1% YoY In October

Romania’s production in the construction sector rose 1% in October, compared with October 2015, according to the EU's statistics office Eurostat.

Gabriela Stan · 19.12.2016 · 14:54 · 1 min
Eurostat: Romania Labor Costs Rose At Fastest Pace In EU In 3Q/2016
Macroeconomics

Eurostat: Romania Labor Costs Rose At Fastest Pace In EU In 3Q/2016

Total hourly labor costs in the Romanian economy rose 14.7% on the year in the third quarter of 2016, the largest increase in the European Union, the EU's statistics office Eurostat said Mon...

Gabriela Stan · 19.12.2016 · 13:22 · 1 min