Social/Politics
Romania Ranks First In EU By Sunflower Production, Internet Speed And Highway Costs
As the European Union celebrates Europe Day this Friday, ZF has identified a number of indicators showing where Romania stands compared with the other European Union members.
BNR Chief Says Domestic Demand Is Picking Up
Retail activity in Romania accelerated in the first quarter amid stronger domestic demand, particularly in the auto industry, central bank governor Mugur Isarescu said Thursday.
Romania Economy Ready To Stand On Its Own, Isarescu Says
Romania has made sufficient progress to sustain economic growth without further help from its international creditors, central bank governor Mugur Isarescu said Thursday.
Isarescu Says Leu’s Appreciation Not Supported By Fundamentals
Romania’s economic performance during the first months of the year wasn’t good enough to justify the recent strengthening of the leu against the euro, central bank governor Mugur Isarescu sa...
Hidroelectrica’s Legal Administrator Replaces Managers of Bistrita, Portile de Fier Branches
Remus Borza, head of Euro Insol, judicial administrator for Romania's insolvent power producer Hidroelectrica, replaced several managers of Hidroelectrica branches in Bistrita and Portile de...
Cigarette Smuggling In Romania Continued Rising In March To 15.8% Of Market
The cigarette black market in Romania increased slightly in March compared to January, reaching 15.8% of the local market, according to a study by Novel Research.
INS: Romania Average Net Wage Up 5% In March
Romanian average net salary rose 4.9% to 1,706 lei (EUR390) in March, from RON1,626 a month earlier, the statistics institute INS said Thursday.
Government Spent EUR28B On Transport Infrastructure In Six Years
The value of transport infrastructure works (roads, railroads, airports, bridges or waterways) amounted to EUR27.5 billion in Romania between 2009 and 2013, according to a ZF analysis based...
CFR Calatori After Its First Year Under Private Management
State-owned CFR Calatori, the largest railroad passenger carrier in Romania, ended last year with an operating loss estimated at 390 million lei (EUR88 million), from about RON537 million in...