Social/Politics
Ford Signs Papers Closing The Privatization Of Automobile Craiova
Romania's state assets authority and U.S. carmaker Ford have signed the papers completing the privatization of Automobile Craiova, the institution said Monday.
French Investments In Romania, EUR1B Plus In 4 Years
France is the fourth largest investor in Romania, with EUR5.2 billion worth of investments. It is also Romania’s fourth largest trade partner, with commercial exchanges going constantly up a...
Foreign Direct Investments Rise 14% To EUR1.1B In January-May
Romanian foreign direct investment, or FDI, rose 13.9% on the year to EUR1.09 billion in the first five months of the year, the central bank said Monday.
Romania Posts EUR351M Current Account Deficit In Jan-May
Romania's current account balance posted a deficit of EUR351 million in the first five months of 2014, versus surplus a year earlier, mainly due to a wider income deficit, central bank data...
EC Calls On Romania To Remove Barriers To Natural Gas Exports
The European Commission sent a reasoned opening to Romania Thursday asking the country to remove unjustified barriers to exports of natural gas, giving Romania two months to make amends befo...
Bucharest More Expensive For Expats Than Last Year - Survey
Bucharest ranks 159 among the world's 211 most expensive cities in the world for expats, as the cost of living has increased since 2013, according to a survey by human resources consultant M...
Romania's Power Output Down 1.3% On Year In January-May
Romanian energy output fell 1.3% on the year to 8.98 million tons of oil equivalent in the first five months of 2014, hurt by declining production in the coal and oil sectors, official data...
Bucharest Ranks 90th In Top 132 Most Visited Cities
Bucharest ranks 90th among 132 most travelled cities from around the world, with less than one million visitors estimated for this year, while London tops the list, according to MasterCardGl...
CFR Marfa To Lay Off 2,500 People By End-July
Romanian railway freight carrier CFR Marfa started layoffs this week and 2,500 people will be leaving the company by the end of July, commercial manager Ion Soare said Tuesday.