Romania
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Foreign Direct Investment In Romania Reaches EUR3.1B In January-September
Romanian foreign direct investment, or FDI, amounted to EUR3.143 billion in January-September, up 11.2% versus the year-earlier period, central bank data showed Monday.
Romania And Bulgaria To Jointly Negotiate With Drug Makers
The Romanian Government approved on Wednesday, through Memorandum, the negotiation of a cooperation agreement with Bulgaria, which stipulates, among others, that the two countries can conclu...
Minister: Romania May Develop Partnerships With Iran In Oil And Natural Gas Sector
Romania is likely to develop partnerships with Iran in the field of oil and natural gas, Economy Minister Costin Borc said within the Economic Bilateral Forum Romania-the Islamic Republic of...
Marks & Spencer Closes Stores In Romania
British retailer Marks & Spencer (M&S) will close its six clothing stores in Romania, as part of the plan to close down 53 stores in ten markets, the company said in a statement.
Romania-Bulgaria Gas Interconnector To Become Operational On November 11 – Bulgarian PM
Romania-Bulgaria gas interconnector will become operational on November 11, Bulgarian PM Boyko Borisov said duting a meeting with his Serbian counterpart Aleksandar Vučić, cited by Novinite.
EBRD Revises Up Romania’s 2016 GDP Growth Forecast To 4.8%
The European Bank for Reconstruction and Development (EBRD) on Thursday revised Romania’s GDP growth forecast for next year from 4% to 4.8%.
Romania To Borrow EUR500M From IBRD To Finance Deficit And Refinance Public Debt
Romania will sign a loan agreement with the International Bank for Reconstruction and Development (IBRD), in the amount of EUR500 million, according to a memorandum discussed in Government’s...
Impact Of Public Sector Wage Bill On Budget At RON4.8B, Romania Risks Excessive Deficit - FinMin
Finance Minister Anca Dragu said Tuesday that the budget deficit is estimated to exceed 3% of the GDP, referring to the bill on public sector wages, unless other expenses are cut.
IKEA Sales Up 21% In 2015/2016 FY In Romania
Swedish furniture and decoration retailer IKEA reported sales of RON514,661,610 (VAT not included) in Romania in the fiscal year 2015/2016 (September 2015 – August 2016), up 21% compared wit...