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Romania Climbs Two Spots In World Bank’s Doing Business 2015 Report
Banks-Insurance

Romania Climbs Two Spots In World Bank’s Doing Business 2015 Report

Romania climbed two spots and ranks 48th in World Bank’s Doing Business 2015 report, which analyzes the ease of running a business in 189 countries, and is outranked by Rwanda, Bulgaria, and...

Gabriela Stan · 29.10.2014 · 14:13 · 2 min
Romania Jobless Rate Slightly Down To 5.11% In September
Social/Politics

Romania Jobless Rate Slightly Down To 5.11% In September

Romania's unemployment rate inched slightly down to 5.11% in September, from 5.12% a month earlier, data from the country’s employment agency ANOFM showed Wednesday.

Gabriela Stan · 29.10.2014 · 12:09 · 1 min
Social/Politics

Romania To Push Back Listing 5% In State Transport Companies By 18 Months

Romania's Transport Ministry has requested a one year and a half postponement on the listing of 5% stakes in seven companies under its authority, including the Bucharest Airport Company and...

Oana Gavrila · 28.10.2014 · 17:57 · 1 min
Government Extends Aid To Energy Holding CE Hunedoara Two More Years
Energy

Government Extends Aid To Energy Holding CE Hunedoara Two More Years

The government will extend by two and a half years, until the end of 2017, the period during which it will help thermal power plant Mintia, owned by state energy holding CE Hunedoara, sell e...

Oana Gavrila · 28.10.2014 · 16:55 · 1 min
CFR Marfa Laid Off Nearly 2,300 Employees Out Of Planned 2,500
Companies

CFR Marfa Laid Off Nearly 2,300 Employees Out Of Planned 2,500

Romanian state-owned railway freight carrier has so far laid off 2,296 employees, out of a planned total of 2,500.

Oana Gavrila · 28.10.2014 · 13:41 · 1 min
INS: Romania Issues More Housing Permits In September
Macroeconomics

INS: Romania Issues More Housing Permits In September

Romanian housing permits went up 6.6% to 3,858 units in September, from 3,618 units a month earlier, the country’s statistics institute INS said Tuesday.

Bogdan Neagu · 28.10.2014 · 10:09 · 1 min
Macroeconomics

Romanian Executives See Growth In Manufacturing, Decline In Constructions In 4Q

Romanian managers estimate moderate growth in the manufacturing industry, but a decline in activity in the constructions sector in the fourth quarter, the statistics institute INS said in a...

Bogdan Neagu · 28.10.2014 · 10:01 · 1 min
Macroeconomics

Romania’s Budget Turns To Surplus After First 9 Months

Romania’s government budget turned to surplus at the end of September, as spending took a dive in the first nine months, mainly due to lower allocations for public investments.

Bogdan Neagu · 27.10.2014 · 20:01 · 1 min
Romania’s Debt To International Lenders Down To EUR9B
Banks-Insurance

Romania’s Debt To International Lenders Down To EUR9B

The central bank and the Finance Ministry have only EUR2.2 billion left to repay of the loan Romania took from the International Monetary Fund in 2009, with the former repaying most of this...

Loredana Frățilă-Cristescu · 24.10.2014 · 00:00 · 2 min