Macroeconomics
AVAS Claims $8.7M From Musat & Asociatii In Noble Ventures Case
Romania’s privatization authority AAAS, former AVAS, has filed legal action against Musat & Asociatii claiming $8.7 million from the law firm, arguing the latter failed to meet all its oblig...
Romania April Industrial Sales Rise 5.9% On Month
Romanian industrial sales rose 5.9% in April, on growing demand for manufactured items, the country’s statistics institute INS said Friday.
INS: Industrial New Orders Up 15.4% On Month
Romanian industrial new orders rose 15.4% on the month in April, boosted by higher demand in most sectors, the statistics institute INS said Friday.
GfK: Only 3% Of Romanians Plan To Buy Housing
Most Romanians are still cautious when it comes to new acquisitions, despite signs that the country’s economy regains strength, and say they are currently unable to save money, according to...
INS: Romania's Power Output Down 6.1% On Year In January-April
Romanian energy output fell 6.1% on the year to 7.29 million tons of oil equivalent in the first four months, hurt by falling production in the thermal sector, official data showed Thursday.
EBRD Remains Committed To Support Investment Projects In Romania
The European Bank for Reconstruction and Development will continue to financially support projects in Romania, regardless of the country’s success in securing a follow-up loan agreement with...
Romanian Economy Grew Faster At 2.2% In First Quarter
The Romanian economy grew faster than initially thought in the first three months of 2013, benefiting from recovering activity in most sectors, revised data showed Wednesday.
Ponta Says Exiting Excessive Deficit Procedure Leads To Years Of Constraints
Romania’s exiting excessive deficit procedures may be good news for the minister of finance and budget as the country can borrow at lower costs but it also means it is in for years of diffic...
Industrial Producer Prices -0.7% On Month, +3% On Year In April
Romania’s industrial producer price index inched down 0.7% in April compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said Tuesday.