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Foreign investment in Romania down 6% in January

By   /  16/03/2017  /  Business, RO Business, Romania  /  No Comments

  Non-residents’ direct investment in Romania totalled EUR 260 million in the first month of the year, down by 6 percent year-on-year, of which equity (including estimated net reinvestment of earnings) amounted to EUR 207 million and intercompany lending recorded a net value of EUR 53 million, National Bank of Romania (BNR) data reveal. At […]

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Romania registers the sixth world largest growth among capital markets

By   /  06/03/2017  /  Business, RO Business, Romania  /  Comments Off on Romania registers the sixth world largest growth among capital markets

  The most traded shares listed on the Bucharest Stock Exchange (BVB), which are part of the main index BET, went up by 13 percent in the first two months of this year, a press release informs. The growth rate in RON is similar to the one in USD as the local currency hold ground […]

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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 […]

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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, […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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