SPENDING
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Romania’s Retail Market Expected To Reach 2008 Level Of RON130B By 2015
Romania's retail market, which returned to growth in 2012, will witness a growth rate of over 5% in upcoming years and is expected to reach 130 billion lei (EUR29 billion) by 2015.
KPMG: Romania Needs More Transparency In Public Spending
The lack of transparency, efficiency and responsibility of the public local administrations can be a major risk for Romania’s economy and more transparency could be the way to avoid potentia...
Vlad, Selgros: Romanians Spend More On Food Than Germans Despite Earning Six Times Less
Alexandru Vlad, head of Selgros Romania, said Romanians spend more money on food than Germans do.
Budget For Romania’s Roads And Highways 5% Lower Than 2012 Spending
The company in charge of Romania’s highways and national roads, CNADNR, will get 5.8 billion lei (EUR1.3 billion) budget this year, down 27% on the allocation in early 2012 and 5% less than...
Where Did EUR1.2B Go? An Analysis Of Romania's Road Infrastucture Spending
The top 30 payments made by the Romanian roads authority CNADNR last year show the inefficient infrastructure spending, with Bechtel receiving EUR76 million for 600 m of highway.
INS: Romania Spent RON2.7B In 2011 On Research-Development
Romania spent 2.7 billion lei (EUR619 million) in the research-development sector in 2011, accounting for 0.48% of the gross domestic product, up 0.01 percentage points compared to 2010, the...
GfK: Romanians Spent 2% Less On Food, More On Beer In First Half
Romanians spent 2% less on food in the first half of the year, while spending on non-alcoholic drinks and beer increased 5%, according to a survey conducted by market research company GfK Ro...
Romanians Spend Very Little On Toothpaste And Change Toothbrush Every Other Year
Every Romanian spent 10 lei (EUR2.23) on toothpaste last year, which is enough to buy one or two tubes, depending on the size and price, while only one in two Romanians bought a new toothbru...
Romanians Spent EUR13B On Loan Instalments, Gas, Alcoholic Drinks, Phone Bill And Cigarettes In 2011
Romanians spent about EUR13 billion on loan installments, fuel, alcohol, cell phone bill and cigarettes, about half or 46% of the total net wages and pensions collected in 2011. The rest of...