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foreign

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Foreign Remittances Twice as High as Foreign Direct Investments in Jan-Aug
Macroeconomics

Foreign Remittances Twice as High as Foreign Direct Investments in Jan-Aug

Romanians working abroad sent EUR2.3 billion back home in January-August 2020, while foreign direct investments reached EUR1.4 billon (adding intragroup loans) and EUR994 million if considering only capital contributions (and reinvested profit, as well).

Loredana Frățilă-Cristescu · 04.11.2020 · 10:19 · 1 min
Romania’s Finance Ministry Has Borrowed Record High of EUR5B From International Markets This Year
Banks-Insurance

Romania’s Finance Ministry Has Borrowed Record High of EUR5B From International Markets This Year

The Finance Ministry on Tuesday borrowed EUR2 billion at its second round on the international financial markets this year, EUR1.4 billion maturing in 12 years and EUR600 million by reopenin...

Loredana Frățilă-Cristescu · 10.07.2019 · 09:00 · 1 min
Smartree: Romania Started Importing Workforce From Asian Countries
Companies

Smartree: Romania Started Importing Workforce From Asian Countries

Romania has started to import workforce from Asian countries for the sectors of tourism, industry, constructions and agriculture, according to a survey released by human resources consulting...

Ecaterina Craciun · 30.07.2018 · 16:25 · 1 min
Retail&Consumer

Foreign Tourists Spent RON5.92B In Romania In 2016

Foreign tourists spent RON5.92 billion in Romania last year, or nearly RON2,400 each, according to data released by the country’s statistics institute Friday.

Gabriela Stan · 17.03.2017 · 11:13 · 1 min
More Than 20,000 Foreign Students Enrolled In Romania’s Universities
Health

More Than 20,000 Foreign Students Enrolled In Romania’s Universities

Although regarded as the "black sheep” of Romania’s education system by most employers, the universities of the country have attracted more than 20,000 foreign students, many of whom coming...

Loredana Frățilă-Cristescu · 22.01.2016 · 10:17 · 1 min
Companies

Foreign-Held Companies In Romania Operate At 5% Profit Margin And Employ 1.2 Million People

The Romanian economy needs big entrepreneurial businesses to be able to offset the foreign capital that currently accounts for half of the revenue and more than 45% of the profit even though...

Loredana Frățilă-Cristescu · 14.11.2014 · 00:00 · 2 min
Companies In Romania Can Get State Aid Of EUR440M By June 2014
Companies

Companies In Romania Can Get State Aid Of EUR440M By June 2014

The Romanian Government has extended until June 2013 the validity of two government decisions, allowing private-sector companies to access state aid worth almost EUR440 million.

Daniela Stoican · 10.12.2013 · 00:00 · 2 min