Social/Politics
Romania 3Q GDP Growth Kept At 4.1% YoY, On Sound Farming, Industry Activity
Romanian economy expanded 4.1% in the third quarter from the year-ago period, in line with previous estimations, supported by a strong farming output and solid activity in industry, the coun...
Romania Power Output Falls 6.4% On Year In First 11 Months of 2013
Romanian energy output fell 6.4% on the year to 19.57 million tons of oil equivalent in the first 11 months of 2013, on the back of a two-digit decline in the thermal sector, official data s...
Agriculture Contributes Record High Of EUR18.5B To Romania’s Economy In 2013
The farming sector contributed EUR18.5 billion to Romania’s economy last year, an all-time high and 28% more than in 2012, according to the latest Eurostat data.
BRD To Cofinance Bucharest City Hall Projects With Up To RON140M
Romanian lender BRD-Groupe Societe Generale (BRD.RO) will lend up to RON140 million (EUR31 million) to co-finance certain projects of Bucharest City Hall via the Regional Operational Program...
Romania To List Hidroelectrica and Electrica In June
Romanian state-run energy companies Hidroelectrica and Electrica will be floated in June at both the Bucharest and the London stock exchanges, Minister Delegate for Energy Constantin Nita to...
Energy Minister: Romania To Encourage Investments In Thermal Plant Pollution Cut
Romania's coal-fueled energy production would remain sustainable for many years and companies investing in CO2 emission cut might get certain incentives from the state, Minister Delegate for...
Nita: Shareholders To Decide On AGRI Project This Year
Shareholders of gas route project Azerbaijan-Georgia-Romania Interconnector (AGRI) would have a meeting this year to decide whether they continue the investment or not, Romanian Minister Del...
Government-Backed “First Home” Program Gets RON2B In 2014
The Romanian Government alloted 2 billion lei (EUR444 million) for the “First Home” mortgage lending program this year, out of which RON740 million are funds unused in 2013, according to the...
November Industrial New Orders -10.2% On Month, +2.2% On Year
Romanian industrial new orders fell 10.2% on the month in November 2013, due to lower demand in most sectors, but were higher than in the same period a year before, the statistics institute...