Social/Politics
EFG Eurobank: Housing Prices In Romania Up Slightly In 1Q
Residential property prices rose slightly in Romania in the first three months of the year, after a mild decrease in the previous quarter, according to EFG Eurobank.
Isarescu Superstitious About Hiking Romania's Gold Reserves
The head of the Romanian central bank says the country does not need to increase its gold reserve above 100 metric tons as each time the reserves rose past that level “something bad” happene...
Romania May Forbid Installing Solar Panels On Farmland
Solar power producers may be forbidden to install photovoltaic panels on farmland, Romanian Minister-delegate for Energy Constantin Nita said Monday.
Consortium Possibly Including Transgaz May Build Pipeline To Bring Black Sea Gas Onshore
A joint venture possibly between oil-company OMV Petrom (SNP.RO), U.S. giant ExxonMobil and natural gas transporter Transgaz (TGN.RO) might build a pipeline to bring onshore the natural gas...
Nita: Transgaz And Romgaz To Appoint General Managers Monday
Petru Vaduva might be appointed general manager of Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) Monday and Virgil Metea is likely to take over as general manager of ga...
Housing Permits Rise 43.1% On Month In March
Romanian housing permits rose 43.1% to 3,049 units in March, from 2,130 units a month earlier, the country’s statistics institute INS said Monday.
Romanian Executives Optimistic About Economy In 2Q
Romanian executives estimate all economic sectors will see higher activity levels in the April-June period compared with the previous three months, the statistics institute INS said in a sur...
European Commission Revises Up Romania’s Wheat Production Estimate By 10%
Romania’s 2013 wheat production has been revised up in April by the European Commission to 5.8 million tons, a rise of almost 10% on the latest estimate made at the end of March.
World Bank Approves EUR70M Project For Romania’s Tax Authority Modernization
The World Bank has approved a EUR70 million modernization project for Romania’s tax authority ANAF, the institution said in a statement.