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Romania’s Industrial Production Up 4.1% On Year In April
Macroeconomics

Romania’s Industrial Production Up 4.1% On Year In April

Romania’s industrial production was stable in April against the previous month, but still was higher than in the same period of 2014, the country’s statistics institute INS said Thursday.

Bogdan Neagu · 11.06.2015 · 10:00 · 1 min
Romania’s Inflation Accelerates To 1.2% In May
Macroeconomics

Romania’s Inflation Accelerates To 1.2% In May

Romanian consumer prices rose 0.5% in May from a month earlier, mainly due to rising food prices, fueling the growth of the annual inflation rate to a six-month high, official data showed Th...

Bogdan Neagu · 11.06.2015 · 10:00 · 1 min
Electrica Seeks Stockholders Approval For RON860M Investment Plan
Energy

Electrica Seeks Stockholders Approval For RON860M Investment Plan

Romanian power supply and distribution company Electrica (EL.RO) will seek its stockholders' approval for an investment budget of 860 million lei (EUR194 million) in 2015, after the first dr...

Manuela Panescu · 10.06.2015 · 16:52 · 1 min
Government Might OK Gas Price Hike For Household Consumers To RON60/MWH
Social/Politics

Government Might OK Gas Price Hike For Household Consumers To RON60/MWH

The Romanian government might approve Wednesday the increase of the price for local natural gas for household consumers to RON60/MWh, Energy Minister Andrei Gerea stated.

Gabriela Stan · 10.06.2015 · 14:34 · 1 min
Manufacturing Industry Receives Less Orders In April Vs March
Macroeconomics

Manufacturing Industry Receives Less Orders In April Vs March

Romania’s industrial sector received less orders in April compared with the previous month, after a 10% increase in March, data released by the country’s statistics institute INS showed Wedn...

Bogdan Neagu · 10.06.2015 · 11:00 · 1 min
INS: Romania Industrial Sales Fall In April
Macroeconomics

INS: Romania Industrial Sales Fall In April

Romanian industrial sales fell 7.2% in April compared with the previous month, on declines in all sectors, data released by the statistics institute INS showed Wednesday.

Bogdan Neagu · 10.06.2015 · 10:57 · 1 min
Nuclearelectrica Disconnects Reactor For Repair Works
Energy

Nuclearelectrica Disconnects Reactor For Repair Works

Romanian nuclear power company Nuclearelectrica (SNN.RO) has disconnected the first nuclear reactor in Cernavoda from the national power grid Wednesday, for repair works on the electrical po...

Gabriela Stan · 10.06.2015 · 10:37 · 1 min
Social/Politics

Romania Parliament Denies Prosecutors' Bid To Investigate PM

Romania's Chamber of Deputies voted 231 to 120 to not strip Prime Minister Victor Ponta of his immunity so he could face a criminal probe launched by the anticorruption department.

Oana Gavrila · 09.06.2015 · 13:03 · 1 min
INS: Romania Trade Deficit Widens To EUR2B In First 4 Months
Macroeconomics

INS: Romania Trade Deficit Widens To EUR2B In First 4 Months

Romania’s imports grew more quickly than exports in the first four months of the year and the country’s trade deficit widened to 2.02 billion euros, the statistics office said Tuesday.

Bogdan Neagu · 09.06.2015 · 10:00 · 1 min