Social/Politics
Romania Approved State Aid For EUR3B Investments Between 2007 And 2013
The Romanian Finance Ministry approved aid for 52 projects totaling investments of EUR3.08 billion between 2007 and 2013, out of which EUR727.19 million represented state support, the minist...
Microsoft, Dell and Deutsche Bank Get State Aid For Romania Investments
Deutsche Bank--which is developing a technology center for Eastern Europe in Bucharest that will employ 500--got a EUR15 million aid from the Romanian government in December to support a EUR...
Posta Romana Switched To Operating Profit In 4Q/2013 After Reorganizing Activity
Romania’s state-owned postal operator Posta Romana registered operating profit of 15.1 million lei (EUR3.33 million) in the fourth quarter of 2013, after it managed to reorganize and improve...
CE Oltenia Loses Two Coalmines Ahead Of IPO
Romanian state-run energy holding CE Oltenia will be stripped of two of its coalmines in Valcea County ahead of a planned listing on the Bucharest Stock Exchange, in a move to render the com...
EU's CVM Report: Romania Still Has To Tackle High Level Corruption
European Commission published Wednesday a new report on the progress in Romania under the Co-operation and Verification Mechanism, in the two core areas of judicial reform and anti-corruptio...
Ponta: CVM Report On Romania Shows Huge Progress, Regardless Of “Political Speculations”
Prime Minister Victor Ponta said he thinks the European Commission’s latest Cooperation and Verification Mechanism (CVM) report released Wednesday shows that Romania has made huge progress,...
Ponta Orders Dismissals On Delayed Rescue Actions After Plane Crash
Romanian Prime Minister Victor Ponta announced that the secretary of state in the Interior Ministry Constantin Chiper would be dismissed, adding that he would also order the replacement of t...
Coface Sees Romania GDP Growth At 2.1% In 2014
Romania's economic growth will likely slow to 2.1% this year, after an increase of some 2.5% in 2013, held back by weaker exports and a sluggish consumption, according to estimates from Cofa...
PwC: Romania CEOs Optimistic On Revenue Growth In Next 3 Years
Romanian executives are confident in their companies’ perspectives for revenue growth, with 96% somewhat or very confident of growth over the next three years, in line with global results, a...