Social/Politics
Russia Business Interests In Romania: Strategic Sectors Such As Energy And Metallurgy
The most important Russian businesses in Romania have followed the same pattern: Russian oligarchs taking over valuable assets of the Romanian state in the wake of controversial privatizatio...
Logistics Operators: Romania Can Gain Business From Russia And Ukraine
Romania can gain logistics business from Ukraine and Russia due to the turmoil in the region, because manufacturers want logistics hubs in stable areas as close to their markets as possible,...
Consumption Set To Rise In 2014, But Politics Will Dictate Growth Pace
Consumption inched up by 0.4% in 2013, propped by December figures, as Romanians reopened pockets to buy home appliances, furniture and clothes. In January, though, retail sales advanced by...
Major Power Consumers Pay 50% More For 2013 Green Certificates
The biggest electricity consumers in Romania, aluminum smelter Alro Slatina and steel plant ArcelorMittal Galati, will have to spend 177 million lei (EUR39 million) to comply with the green...
Romania To Sell 26% Stake In Rompetrol Rafinare Starting From $200M
Romania will auction in the summer a stake of 26% in oil refinery Rompetrol Rafinare (RRC.RO) with the starting price of $200 million, a government official said Wednesday.
Two Banks To Administer Lending Fund For Small Farmers In Romania
Romania’s Agriculture Ministry will set up a lending fund for small farmers and the money will be administered by two banks, Agriculture Minster Daniel Constantin told a press conference Wed...
Romania Ranks 154th Worldwide By Tourism Contribution To GDP
Romania ranks 154th in the world by the total contribution of travel and tourism to the GDP in 2013, with a 5.1% share, out of 184 countries, according to a report of the World Travel&Touris...
Romania Needs EUR30B Energy Investments In The Next 15-20 Years
Romania’s energy industry requires investments of over EUR30 billion over the next 15 to 30 years to boost competitiveness and ensure its independence from foreign resources, according to of...
Ford: Waterway Transportation Cheapest, We Need Good Road To Danube Port
If Romania wants to attract investors and become competitive in the region, it needs to speed up infrastructure upgrade process, believes Zoltan Brassai, managing director of Ford Romania an...