Social/Politics
Nuclear And Hydropower Investments Buried Under Tons Of Feasibility Studies
Romania’s largest electricity generation company, Hidroelectrica, signed a EUR44,000 deal this February to have the feasibility study on the Tarnita-Lapusesti hydropower plant, a EUR1 billio...
Labor Market, Unable To Pick Up After 5 Years Of Crisis
The higher-than-expected economic growth registered last year did not translate into a labor market revival: salary hikes were insignificant, the number of employees in the economy added jus...
RA-APPS To Lease State Property After Repeated Failed Auctions
Romania's government will allow the state property authority RA-APPS to lease the buildings it manager after failing to sell the assets at auction, as analysts have been warnings for two yea...
Agricultural Sector Representatives Call On Government To Cut VAT On Meat To 5%
Employers in the Romanian agricultural sector are calling on the government to lower the value added tax (VAT) on meat and meat products to 5%, from the current 24%, arguing this will help c...
UniCredit: Weak Revenue Collections Hinder Social Security Tax Cut
Romania’s weak revenue collections in the first months of the year will likely limit the scope for a reduction of the social security contributions, even though the fiscal measure would incr...
CITR Partners Set Up CITR Group
Romanian insolvency practitioner Casa de Insolventa Transilvania (CITR) will be rebranded into CITR, and will be part of CITR Group, a group of companies specializing in personalized solutio...
Romania Taps Foreign Bond Market For EUR1.25B
Romania’s Finance Ministry on Tuesday raised EUR1.25 billion at a 10-year Eurobond sale in international markets, with the annual yield falling to a record low of 3.7% a year.
Romania’s Agricultural Sector To See EUR19 Billion Inflow Until 2020
Agriculture has reached its extensive growth ceiling and will direct the EUR8 billion in EU funds made available to it in 2014-2020 to intensive production and processing systems in the next...
Stoica, BRM: Romania Likely To Set Up Agricultural Commodity Exchange In 2014
The Romanian Commodities Exchange (BRM) already includes an operational agricultural commodity exchange, which has seen major trades so far this year, but Romania might have an individual Ag...