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Transgaz May Become Main Pipeline System In The Region After South Stream Cancellation
Energy

Transgaz May Become Main Pipeline System In The Region After South Stream Cancellation

Romania's gas transmission company Transgaz (TGN.RO) may become the main pipeline operator in the region now that Russia has dropped plans to build South Stream.

Loredana Frățilă-Cristescu · 03.12.2014 · 12:07 · 4 min
Retail Sales Extend Growth In October
Macroeconomics

Retail Sales Extend Growth In October

Romania’s retail sector went up in October, supported by higher sales of fuel and food products, official data showed Wednesday.

Bogdan Neagu · 03.12.2014 · 10:15 · 1 min
Industry and Communications Helped Romania’s Economy Grow In 3Q
Macroeconomics

Industry and Communications Helped Romania’s Economy Grow In 3Q

The industry and the information and communication services had the biggest contribution at the economic growth registered by Romania in the third quarter, according to provisional data rele...

Bogdan Neagu · 03.12.2014 · 10:03 · 1 min
Romania Forex Reserves Down To EUR31.5B In November
Macroeconomics

Romania Forex Reserves Down To EUR31.5B In November

Romanian foreign exchange reserves fell to 31.47 billion euros at the end of November, from EUR32.2 billion euros a month before, after a change in the mandatory reserve requirements, centra...

Bogdan Neagu · 02.12.2014 · 13:55 · 1 min
Energy

Romania Relies On Black Sea For Gas - Minister

Romania will focus on the construction of a EUR230 million gas pipeline to transport gas from the Black Sea to Podisor, Giurgiu county, southern Romania, said minister-delegate for Energy Ra...

Oana Gavrila · 02.12.2014 · 12:14 · 1 min
Tourist Arrivals In Romania Up 9.9% On Year In October
Macroeconomics

Tourist Arrivals In Romania Up 9.9% On Year In October

Arrivals at Romanian tourism accommodation establishments rose 9.9% in October from the year-earlier month, while overnight staying increased 2.5% on the year, data from the statistics insti...

Bogdan Neagu · 02.12.2014 · 10:02 · 1 min
Romanian Industrial Producer Prices Down 0.4% In October
Macroeconomics

Romanian Industrial Producer Prices Down 0.4% In October

Romania’s industrial producer price index fell 0.4% in October, after a 0.2% decline in the previous month, the country’s statistics institute INS said Tuesday.

Bogdan Neagu · 02.12.2014 · 10:00 · 1 min
Romania Ends Basescu Era With Double GDP And 430 More Kilometers Of Highway
Social/Politics

Romania Ends Basescu Era With Double GDP And 430 More Kilometers Of Highway

More than 1,400 people said goodbye to President Traian Basescu at the Cotroceni Palace on Monday night, at his last December 1 (Romania’s National Day) speech in this position.

Loredana Frățilă-Cristescu · 02.12.2014 · 00:00 · 3 min
Romania Issues Less Housing Permits In October
Macroeconomics

Romania Issues Less Housing Permits In October

Romanian housing permits went down 15.9% to 3,243 units in October, from 3,858 units a month earlier, the country’s statistics institute INS said Friday.

Bogdan Neagu · 28.11.2014 · 10:25 · 1 min