Social/Politics
PAID Damage Claims In January-May Match Equal 75% Of 2013 Claims
Romania’s Pool of Insurance against Natural Disasters (PAID), which issues mandatory home insurance, paid damage claims of RON358,380 in January-May, 75% of the total damage claims it paid t...
Romania’s Chamber Of Deputies Rejects Rosia Montana Mining Bill
Romania's Chamber of Deputies rejected Tuesday a bill that would have allowed the mining of gold and silver in Rosia Montana, western Romania.
Electrica IPO To Kick Off June 16 - Sources
The planned initial public offering of 51% in Romanian state-run electricity distributor and supplier Electrica SA will most likely take place in the June 16-June 25 period, people familiar...
Romania Retail Sales Break Rising Trend in April, After Fuel Price Increases
Romanian adjusted retail sales fell 3.2% in April from the earlier month, the first monthly decrease after a strong first quarter of the year for domestic consumption, data from the statisti...
INS: Romania Unemployment Rate Inches Down To 7.1% In April
Romania's unemployment rate inched lower to 7.1% in April, from 7.2% in the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday.
Romanian Producer Prices Rise in April
Romania’s industrial producer price index rose 1.2% on average in April compared with a month earlier, mainly on higher prices in the energy sector, the country’s statistics institute INS sa...
Ponta: Electrica To Use IPO Proceedings For Infrastructure Project With Moldova
Romanian Prime Minister Victor Ponta said Monday that the money raised from the planned initial offering of 51% in state-run energy distributor Electrica SA will be used by the company to de...
Tourist Arrivals In Romania Up 3.7% On Year In April
Arrivals at Romanian tourism accommodation establishments rose 3.7% in April from the year-earlier month, while overnight staying increased 10.9% on the year, data from the statistics instit...
Ambassador Brasioli Says There Are 40,000 Italian-Held Companies In Romania
The number of Italian companies investing in Romania is on the rise and the stability of the economic environment is essential to attract even more firms, said the Italian Ambassador to Roma...