Loading…
You are here:  Home  >  Romania  >  RO Business
Latest

Technical glitch on Romanian side causes 15km queue of lorries at Bulgaria’s Danube Bridge 2

By   /  22/01/2017  /  BG Business, BG Finance, Bulgaria, Business, Finance, RO Business, RO Finance, Romania  /  Comments Off on Technical glitch on Romanian side causes 15km queue of lorries at Bulgaria’s Danube Bridge 2

A technical problem on the Romanian side of the border caused a 15km-long queue of lorries at Bulgaria’s Danube Bridge 2 in the northern city of Vidin on January 22. Bulgaria’s Road Infrastructure Agency ordered restrictions on the movement of lorries on the E79 main road in the direction of Vidin. Because of waiting goods […]

Read More →
Latest

Romania’s FDI at end-November grew to 8-year record

By   /  13/01/2017  /  Business, RO Business, Romania  /  Comments Off on Romania’s FDI at end-November grew to 8-year record

Non-residents’ direct investment in Romania totalled EUR 3,928 million in the first eleven months of 2016, up by 22 percent compared to the same period of the previous year, when FDI reached EUR 3,218 million, National Bank of Romania (BNR) data reveal on Friday. This represents a record level of the last eight years. Thus, […]

Read More →
Latest

High interest rates and fees, guarantees, bureaucracy – main hindrances in companies’ accessing loans (survey)

By   /  21/12/2016  /  Business, RO Business, Romania  /  Comments Off on High interest rates and fees, guarantees, bureaucracy – main hindrances in companies’ accessing loans (survey)

High taxation, fiscal environment unpredictability and competition, as well as the access to finance remain the main problems the companies in Romania are confronted with, reads a Survey on the access to finance of non-financial companies in Romania, logged in December 2016, and carried by the National Bank of Romania (central bank, BNR). “Also found […]

Read More →
Latest

Romania posts the highest annual increases in hourly labour costs

By   /  19/12/2016  /  Business, RO Business, Romania  /  Comments Off on Romania posts the highest annual increases in hourly labour costs

Hourly labour costs rose by 1.5 percent in the euro area (EA19) and by 1.9 percent in the EU28 in the third quarter of 2016, compared with the same quarter of the previous year, Romania recording the highest annual increase among Member States – 14.7 percent, according to Eurostat, the statistical office of the European […]

Read More →
Latest

Ten-month arrivals in tourist accommodation establishments up by almost 11 pct YoY

By   /  05/12/2016  /  Business, RO Business, Romania  /  Comments Off on Ten-month arrivals in tourist accommodation establishments up by almost 11 pct YoY

January – October 2016 arrivals in Romania’s tourist accommodation establishment were almost 11 pct higher YoY, topping 9.43 million, the National Institute of Statistics (INS) announced in a release. “Of the total number of the arrivals in hospitality facilities over Jan. 1 — Oct. 31, 2016, Romanian tourists accounted for 77.1 pct, while foreign tourists […]

Read More →
Latest

Romania – second in EU by October’s retail trade growth

By   /  05/12/2016  /  Business, RO Business, Romania  /  Comments Off on Romania – second in EU by October’s retail trade growth

The volume of Romania’s retail trade increased by 8.7 percent in October 2016 compared to the same month of the year before, making this the second month in a row when Romania’s performance is surpassed only by Luxembourg in the EU ranking by retail trade growth, shows data released on Monday by the European Statistical […]

Read More →
Latest

Bulgaria reports negative foreign trade balance for January – September 2016

By   /  09/11/2016  /  Business, Headlines, RO Business, Romania  /  Comments Off on Bulgaria reports negative foreign trade balance for January – September 2016

Bulgaria had a negative foreign trade balance from January to September 2016, the National Statistical Institute (NSI) said on November 9, citing preliminary figures. Reporting on trade both with non-EU and other EU countries, the NSI said that in January to September 2016, the value of all exported goods from Bulgaria amounted to 33 740.1 […]

Read More →
Latest

EBRD has revised upwards Romania’s economic growth forecast in 2016 to 4.8 pc

By   /  03/11/2016  /  Business, Finance, RO Business, RO Finance, Romania  /  Comments Off on EBRD has revised upwards Romania’s economic growth forecast in 2016 to 4.8 pc

European Bank for Reconstruction and Development (EBRD) has revised upward on Thursday, the economic growth forecast for Romania for 2016 from 4 percent to 4.8 percent and from 3.5 percent to 3.7 percent forecast for 2017. “South-eastern Europe as a whole is on the rise. Greece is turning around thanks to a good season for […]

Read More →
Latest

Commissioner Oettinger: Romania to become an important player in European digital market

By   /  03/11/2016  /  Business, RO Business, Romania  /  Comments Off on Commissioner Oettinger: Romania to become an important player in European digital market

We are living a digital revolution. There’s a shift now towards digital technologies that have started to spread to all the sectors of society and the economy. Your country is highly digitalised. The banks are digitalized, mass media is digitalised. Everything changes. The whole industry experiences this transformation. Our American partners have a clear strategy, […]

Read More →
Latest

Deputy PM Borc: Romania draws less FDI than other countries in the region

By   /  31/10/2016  /  Business, Finance, RO Business, RO Finance, Romania  /  Comments Off on Deputy PM Borc: Romania draws less FDI than other countries in the region

Romania’s situation in attracting foreign direct investment (FDI) is worse than in neighboring countries, Deputy Prime Minister and Economy Minister Costin Borc warned on Monday, attending a debate about territorial development, agerpres.ro informs. “It’s important not to fall into false targets now, during the electoral campaign. It’s very easy to launch some slogans that sound […]

Read More →