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Bucharest Stock Exchange Sees Best First Half Since 2007
The Bucharest Stock Exchange, still regarded as a frontier market by the financial rating agencies, has seen the best first half this year since the 2007, as its main index, BET, which track...
Business Sector Going Digital, Tax Authority Lags Behind
Digitalization is no longer a trend among companies but a routine activity. Yet Romania’s tax authority ANAF continues to deal with taxpayers offline, by sending them notifications via lette...
Voicu, Coldwell Banker: Rise In Apartment Prices Is A Natural Evolution
Apartment prices rise on average 5-7% per year and the trend will probably maintain in the future, according to Gabriel Voicu, head of New Homes Division within real estate consulting firm C...
Bucharest Stock Exchange Sees Best January in Four Years
BET, the main index of the Bucharest Stock Exchange, ended January at more than 7,500 points, an increase of 6% on the last session of 2016. January 2017 was its best first month of the year...
Recruitment Firms: Personnel Shortage To Worsen In 2017
The serious gap between workforce demand and supply in 2016 will only widen this year and employers will have no other way but raise wages, the heads of the major recruitment firms warn. In...
SMARTREE: Private Sector Wages In Romania Up 8%, Bonuses Up 22% In 3Q/2016
Wages in the Romanian private sector rose by 8% and bonuses grew by 22% in the third quarter of 2016 and the evolution is felt in all areas amid fiercer competition on the labor market, acco...
Mastercard: Number Of Mastercard And Maestro Cards In Romania Rose Over 30% In Last 5 Years
The number of Mastercard and Maestro cards in Romania rose over 30% over the last five years, according to the latest Mastercard data.
Analyst: Consumer Lending Growth, An Alarming Trend
Consumer lending will continue to register an important growth and can even reach 20% on an annualized basis, which is an alarming trend, according to financial analyst Dragos Cabat.
Romania's Car Production Declines 5.2% In 1H
Carmakers Dacia and Ford's production facilities in Romania made little over 201,000 cars in the first half of the year, 5.2% fewer than in the same period last year, data from the Romanian...