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Romania

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Romania Raises EUR1B from 2028 Eurobond Issue
Banks-Insurance

Romania Raises EUR1B from 2028 Eurobond Issue

Romania's finance ministry tapped international markets for EUR1 billion Wednesday reopening the May 2028 Eurobond for 2.15% versus the initial target price of 2.3%, the ministry said Thursd...

Oana Gavrila · 29.09.2016 · 12:00 · 1 min
Carrefour To Exceed 15,000 Employees In Romania In 2016
Retail&Consumer

Carrefour To Exceed 15,000 Employees In Romania In 2016

French retail group Carrefour will exceed 15,000 employees in Romania this year, on the backdrop of the takeover of Billa stores and the opening of new hypermarkets, the company said in a st...

Gabriela Stan · 27.09.2016 · 13:23 · 1 min
How Romania Fares Eight Years After Onset Of Crisis
Analysis

How Romania Fares Eight Years After Onset Of Crisis

The bankruptcy of Lehman Brothers is considered the official start of the second worst financial crisis in the past hundred years. Eight years later, ZF is looking at the Bucharest Stock Exc...

Loredana Frățilă-Cristescu · 15.09.2016 · 08:27 · 2 min
Health Minister: Romania Must Build New Hospitals
Health · ZF Health & Pharma Summit ’16

Health Minister: Romania Must Build New Hospitals

Investing in new hospitals and replacing the old infrastructure in the healthcare system are the main measures that must be taken in order to rebuild patients’ confidence in the Romanian hea...

Ecaterina Craciun · 13.09.2016 · 19:19 · 1 min
Foreigners Spent EUR730M In Romania In 1H/2016
Retail&Consumer

Foreigners Spent EUR730M In Romania In 1H/2016

Romanians spent EUR852 million on trips abroad in January-June 2016, versus EUR856 million in the year-earlier period, according to central bank data.

Gabriela Stan · 11.09.2016 · 17:15 · 1 min
Romanians Can Buy 28 Food Baskets With Monthly Wage Versus 50 In Poland
Retail&Consumer

Romanians Can Buy 28 Food Baskets With Monthly Wage Versus 50 In Poland

The average monthly wage in Romania is twofold lower than in the Czech Republic and Poland and fivefold lower than in Germany; nevertheless, the ratio for food prices is much lower.

Gabriela Stan · 11.09.2016 · 14:29 · 1 min
ING Revises Up Romania’s 2016 GDP Growth Forecast To 5.2%
Macroeconomics

ING Revises Up Romania’s 2016 GDP Growth Forecast To 5.2%

ING Bank has revised Romania’s GDP growth forecast for 2016 from 4.2% to 5.2% following a better-than-expected first six months on strong domestic demand and investment momentum, the bank sa...

Gabriela Stan · 09.09.2016 · 15:00 · 1 min
Romania’s Gold Reserve Unchanged At 103.7 Tons Since 2007 - Central Bank
Banks-Insurance

Romania’s Gold Reserve Unchanged At 103.7 Tons Since 2007 - Central Bank

Romania’s gold reserve remained unchanged since 2007 at 103.7 metric tons and its value adjusted for international gold price stands at EUR3.93 billion, the central bank said in a statement...

Gabriela Stan · 08.09.2016 · 19:13 · 1 min
ANCOM: Romania’s Postal Services Market Up 4.4% To RON2.4B In 2015
Companies

ANCOM: Romania’s Postal Services Market Up 4.4% To RON2.4B In 2015

The Romanian postal services market rose 4.43% on the year in 2015, to RON2.4 billion, with the top ten postal operators by revenue accounting for nearly 86% of the market, the country’s tel...

Gabriela Stan · 07.09.2016 · 15:55 · 1 min