Social/Politics
Romania January-August Power Output Up 1.4% On Year
Romanian energy output rose 1.4% on the year to 14.55 million tons of oil equivalent in the first eight months of 2014, fueled by higher production in most sectors, official data showed Wedn...
Lukoil Resumes Activity At Romanian Refinery
Russian oil group will restart activity at its Petrotel-Lukoil refinery in Ploiesti, southern Romania, after a one-week halt, local environmental guard chief Daniela Tudorache said Friday.
INS: Romania Industrial Output Falls In August
Romanian adjusted industrial production fell 2.7%in August compared with a month earlier, on lower output in the manufacturing and mining sectors, the country’s statistics institute INS said...
Romania Inflation Rate Rises To 1.5% In September
Romanian consumer prices inched up 0.1% in September from a month earlier, but the annual inflation almost doubled to 1.54%, the country’s statistics institute INS said Friday.
Romania Exports Slow Down In August; But Trade Deficit Widens In First 8 Months
Romania’s exports rose more rapidly than imports in the first eight months compared with the year-earlier period, but the trade deficit still widened slightly, the country’s statistics insti...
Fifth BNR Board After 1989 Starts Term With Euro Adoption As Main Goal
The five-year term of the current Board of Directors of Romania’s central bank (BNR) is coming to an end, so a new board comprising new and already existing members will take over next week...
Basescu: Government Should Be Prepared To Take Over Oil Refinery If Lukoil Shuts It Down
Romanian President Traian Basescu deemed Russian oil group Lukoil's pressures unacceptable and called on the government to be prepared to take over the oil refinery in Ploiesti if Lukoil doe...
FIC Survey: 20% Of Investors Expect Lower Revenue In 2014, From 6% In December
Foreign investors’ perception on economic growth and new investments is slightly negative, while the weight of companies expecting lower revenue this year rose to 20% compared with 6% in Dec...
BCR Mulls Additional Guarantees For First Home Loan Program
Romanian lender Banca Comerciala Romana (BCR) already used the additional guarantees obtained for First Home mortgage lending program following the reassignment of government funding, after...