Romania
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AFI Europe Romania Net Operating Income Up 13.1% To EUR22.2M In 1H/2016
AFI Europe Romania registered a net operating income of EUR22.2 million in the first six months of 2016, up 13.1% from the year-earlier period, the company said in a statement.
Minister: Romania Can Become An Energy Hub
Romania must let go of the idea that things do not work and promote itself as a country that can conclude partnerships with European countries, Energy Minister Victor Grigorescu said Tuesday...
Siemens Completes Expansion Of Two Romanian Plants
Siemens has completed the expansion of two of its four plants in Romania, operated through SIMEA Sibiu company, namely the units in Sibiu and Buzias cities.
Costescu: Romania Became Competitive Destination For Foreign Investors
Romania has become a competitive destination for foreign investors and we can talk about quality in Romania, about quality at competitive prices, Manuel Costescu, state secretary at the Depa...
Garanti Bank Keeps Romania GDP Growth Forecast At 3.7% In 2016
Garanti Bank maintains its forecast on Romania’s economic growth at 3.7% in 2016 and estimates a similar evolution for 2017, according to the bank’s macroeconomic report for the second quart...
Romania Unemployment Rate At 6.4% in June
Romania's seasonally adjusted unemployment rate stood at 6.4% in June, down 0.2 percentage points compared with the previous month, the country's statistics board said Friday.
Immofinanz Rental Income In Romania At EUR45M In FY201516
Austrian-held real estate developer Immofinanz reported losses of EUR390 million in financial year 2015-2016, due to the 18% drop in rental income to EUR314.5 million, the company said in a...
Orange Romania Posts Revenue Of EUR475.9M In 1H/2016
Telecom operator Orange Romania ended the first half of 2016 with cumulative revenue of EUR475.9 million, up 4.9% on the year, due to an increase in the number of subscriptions and in mobile...
Romania Posts Budget Deficit Of 0.5% Of GDP In January-June
Romania's general consolidated budget posted a deficit of RON3.85 billion in January-June, or 0.5% of the gross domestic product, compared with a budget deficit target of 1.9% for the first...