Social/Politics
Euralis: Romania Leads EU by Corn and Sunseed Output, But Lags Behind By Yield
Romania ranks second in the European Union in terms of corn production and leads by sunseed output, but the yields are among the lowest in the region because of the uncertified seeds that fa...
Electric Power Price For End-Users Up 36% Between 2007 And 2013
The price of electricity at the end-user rose by over 36% between 2007 and 2013, mostly due to the green power subventions paid by end-users and the increase of distribution costs, according...
World Bank Sees Romania GDP Growth At 2.5% In 2014
The World Bank estimates the Romanian economy will grow by 2.5% in 2014, after a similar increase last year, according to the institution’s latest Global Economic Prospects report, released...
30-Year Bond Issue A First For Romania
The dollar-denominated bond issue maturing in 30 years that Romania launched on Tuesday is a first for the country, which had been previously unable to borrow for such a long term due to the...
Isarescu: Romania Should Avoid Confusing Political Decisions In 2014
Romanian government should avoid taking unclear or confusing political decisions in 2014, which is an election year, because they may lead to unexpected or large capital movements that will...
Romania Jobless Rate Inches Up To 5.65% In December
Romania's unemployment rate edged up to 5.65% in December 2013, from 5.6% a month earlier, data from the country’s employment agency ANOFM showed.
Petrom And Romgaz Paid EUR113M In Royalties In 1H 2013
Petrom and Romgaz, the largest hydrocarbon producers in Romania, paid royalties of some 500 million lei (EUR115 million) to the state budget in the first six months of 2013, according to dat...
Rompetrol Plans $350M Investment After Government Approves Deal
Romania’s second largest oil group Rompetrol has taken preliminary steps to finance new projects worth $350 million as soon as a memorandum with the government is in place, the company said...
Romanian Association of International Drug Manufacturers Names New President
The Romanian Association of International Drug Manufacturers (ARPIM) named Calin Galaseanu, head of pharmaceutical company Bristol-Myers Squibb Romania, as president of the association, repl...