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Romanian Spa Resorts Need State Support To Prevent Ruin
Real Estate

Romanian Spa Resorts Need State Support To Prevent Ruin

Romanian spa resorts risk having their investments halted, which would lead to degradation in the following years, unless the state intervenes with incentives such as tax exemptions, officia...

Oana Gavrila · 10.06.2014 · 12:35 · 1 min
Romania April Industrial Sales Fall 4.3% On Month
Macroeconomics

Romania April Industrial Sales Fall 4.3% On Month

Romanian industrial sales fell 4.3% in April from a month earlier, on declining demand in all sectors, the country’s statistics institute INS said Tuesday.

Florentina Dragu · 10.06.2014 · 10:00 · 1 min
Romania January-April Trade Gap Widens To EUR1.75B
Macroeconomics

Romania January-April Trade Gap Widens To EUR1.75B

Romania’s trade deficit widened to EUR1.75 billion in the first four months of 2014, from EUR1.67 billion a year earlier, the country’s statistics institute INS said Tuesday.

Florentina Dragu · 10.06.2014 · 10:00 · 1 min
INS: Industrial New Orders Down 8.5% On Month In April
Macroeconomics

INS: Industrial New Orders Down 8.5% On Month In April

Romanian industrial new orders declined 8.5% on the month in April, due to lower demand in all sectors, the statistics institute INS said Tuesday.

Florentina Dragu · 10.06.2014 · 10:00 · 1 min
U.S. Senator: Allowing Lawmakers To Protect Their Immunity Would Be “Laughable" In The U.S.A.
Social/Politics

U.S. Senator: Allowing Lawmakers To Protect Their Immunity Would Be “Laughable" In The U.S.A.

Three U.S. senators said Sunday in an interview for gandul.info that the fight against corruption is a key element to lure investors to Romania, and senator Christopher Murphy emphasized tha...

Ecaterina Craciun · 09.06.2014 · 15:05 · 1 min
U.S. Senators Call On EU To Secure Energy Independence From Russia
Energy

U.S. Senators Call On EU To Secure Energy Independence From Russia

Three U.S. senators said Sunday in an interview for gandul.info. that Vladimir Putin’s power comes from the EU’s reliance on Russian energy, therefore, they added, the European countries mus...

Ecaterina Craciun · 09.06.2014 · 14:31 · 1 min
U.S. Senators Voice Out Shale Gas Benefits For Romanians
Energy

U.S. Senators Voice Out Shale Gas Benefits For Romanians

American senators John McCain, Ron Johnson and Christopher Murphy said Sunday in an interview for gandul.info that shale gas exploitation is a viable solution for Romania’s energy independen...

Ecaterina Craciun · 09.06.2014 · 12:30 · 1 min
EBRD Likely To Buy At Least EUR50M Worth Of Stock In Electrica
Capital Market

EBRD Likely To Buy At Least EUR50M Worth Of Stock In Electrica

The European Bank for Reconstruction and Development (EBRD), one of the largest institutional investors present in Romania, is likely to invest at least EUR50 million in the initial public o...

Catalina Apostoiu · 09.06.2014 · 00:00 · 1 min
Businessman Dan Adamescu Arrested For 30 Days On Bribery Charges
Social/Politics

Businessman Dan Adamescu Arrested For 30 Days On Bribery Charges

Romanian businessman Dan Adamescu was placed under preventive arrest for 30 days Friday, following a ruling by the Bucharest Court of Appeals, which sustained anticorruption prosecutors' req...

Oana Gavrila · 06.06.2014 · 14:52 · 1 min