Articolele autorului Ecaterina Craciun
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Cetelem Study: 32% Of Romanians Say Their Purchasing Power Fell In 2016
Romanians believe 2016 was stable in terms of purchasing power: 46% of respondents, higher by five percentage points than in 2015, said their purchasing power remained the same as in the previous year, according to a pan-European survey by Cetelem. citeşte tot
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Nokia Invests EUR73M In Expanding Its Campus In Timisoara
Nokia on Tuesday said it will be expanding its campus in western city of Timisoara with the biggest research and development (R&D) center in the Romanian telecom industry and the total investment exceeds EUR73 million. citeşte tot
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Romanian Leu Hits New Record Low, Of 4.5957 Vs Euro, Amid Lingering Political Tension
The Romanian leu depreciated further against the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4,5957 units, the lowest level since July 2012, amid lingering political tension locally and an unfavourable context globally. citeşte tot
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ManpowerGroup: Romanian Employers Forecast Steady Job Gains In Q3/2017
28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the ManpowerGroup Employment Outlook Survey. q citeşte tot
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Romania Ranks Fifth Worldwide By 2017 Flight Price Index
Romania ranks first in terms of short-haul flights, with a cost of EUR2.79 per 100 km for low-cost services and places fifth worldwide (domestic and external flights), according to the survey 2017 Flight Price Index, carried out by web portal kiwi.com. citeşte tot
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BNR Exchange Reference Rates of June 2
Following is the Romanian National Bank exchange rate chart for the Romanian leu. citeşte tot
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EY Survey: Romania Ranks Fourth In Europe By FDI Job Creation In 2016
Romania ranks sixth in Europe, in a ranking of countries boasting the highest number of new jobs created through foreign direct investments (FDI) in 2016, according to the 2017 edition of the EY European attractiveness survey. citeşte tot
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Posta Romana Posts Gross Profit Of EUR3.8M In 2016
Romania's state-owned postal operator Posta Romana kept a positive trend and registered a gross profit of RON17.2 million (EUR3.8 million) in 2016. citeşte tot
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Romania, Among Last In The EU By Inland Freight Transport In 2015
Romania ranks among the last in the European Union regarding inland freight transport, with less than 2,000 tons-kilometers per inhabitant, in 2015, according to data published on Friday by Eurostat, the statistical office of the European Union. citeşte tot
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UniCredit Leasing Ensures Operating Lease For Two TransMontana Locomotives
UniCredit Leasing Fleet Management provided operating lease services for two TransMontana electric locomotives manufactured by Softronic-Softrans Craiova, which will be operated for freight transport, in Romania, by Deutsche Bahn Cargo. citeşte tot
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Romania Posts RON1.35B Budget Surplus In January-April 2017
Romania's general consolidated budget posted a surplus of RON1.35 billion in January-April 2017, or 0.17% of the gross domestic product (GDP), finance ministry data showed Thursday. citeşte tot
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Bosch Ends 2016 Fiscal Year, In Romania, With 22% Higher Turnover, Of RON1.5B
German Group Bosch ended the 2016 fiscal year with a turnover of nearly RON1.5 billion (EUR332 million) in consolidated sales in Romania, seeing a significant increase of 22% compared with the previous year, according to company data. citeşte tot
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Competition Council Clears Takeover Of Fidelis Energy’s Client Portfolio By RWE Energie
Romania’s Competition Council has approved the transaction whereby electricity and natural gas supplier RWE Energie acquires the client portfolio of Fidelis Energy. citeşte tot
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Fady Chreih: Regina Maria To Carry Out 18 Development Projects In 2017
Regina Maria, the second largest player on the Romanian private medical services market, has 18 ongoing development projects for 2017, which target expansions, relocations and modernization of existing locations, as well as greenfield projects, Chief Executive Officer Fady Chreih said on Wednesday. citeşte tot
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Ghetea, CEC Bank: Risks Related To SME Lending Decreased From Previous Years
Risks related to the funding of small and medium-sized enterprises (SMEs) in Romania have decreased compared with the previous years, as the “market is cleaner” after the bulk of SMEs have vanished after the financial crisis, Radu Gratian Ghetea, president of state-owned lender CEC Bank. citeşte tot
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Leu Touches 4.5729 Vs Euro, Record Low Since October 2012
The Romanian leu lost ground against the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.5729 units, the lowest level since October 24, 2012. citeşte tot
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Competition Council To Complete Inquiry Into Insurance Companies
Romania’s Competition Council is set to complete, in a few months’ time, an investigation targeting local insurance companies suspected of exchanging information in order to raise the price of the products they sell, antitrust regulator head Bogdan Chiritoiu said on Thursday. citeşte tot
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Hun Lee Takes Over As President Of Samsung Electronics Romania
Hun Lee is the new president of Samsung Electronics Romania and will be tasked with managing operations on the Romanian and Bulgarian markets. citeşte tot
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Eurostat: Romania Posts Lowest Annual Inflation Rate In The EU, In April 2017
Romania posted the lowest annual inflation rate, of 0.6%, in the European Union, in April 2017, and one of the lowest monthly inflation rates, of 0.2%, according to data published on Wednesday by Eurostat, the statistical office of the European Union. citeşte tot
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Petru Ion Vaduva Steps Down As General Manager Of Transgaz
Petru Ion Vaduva has resigned from the position of general manager of natural gas transmission company Transgaz (TGN.RO), but remains non-executive administrator, according to a notification of the company’s Executive Board sent to the Bucharest Stock Exchange. citeşte tot
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GfK: Romania’s Durable Goods Market Up Nearly 6% In 1Q/2017
The Romanian durable goods market rose nearly 6% on the year in January-March 2017, and the electronics and small appliances sectors saw double-digit growth rates, according to a GfK report. citeşte tot
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Vodafone Romania Reports 2.7% Higher Service Revenue, Of EUR707M, In 2016-2017 Fiscal Year
Vodafone Romania, the second largest player on the local mobile telephony market, on Tuesday said it registered service revenue of EUR707.2 million in the 2016-2017 fiscal year (April 1, 2016 – March 31, 2017), up 2.7%, in organic terms, compared with the same period in the previous fiscal year. citeşte tot
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EximBank Reports Nearly EUR110M Turnover From Factoring Operations In 2016
Romania’s state-run lender EximBank registered a turnover of nearly EUR110 million from factoring operations in 2016, up 76% on the year, climbing two spots versus 2015, to the second position, among exports factors in Romania. citeşte tot
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Stihl Romania Invests EUR6M In Logistics And Technical Training
Stihl Romania, the local division of German power tool producer Stihl, on Monday announced a EUR6 million investment in expanding its space in Otopeni, a 3,000-square meter surface area used for the development of its business, and in expanding by 300 sqm the space used to train its technical staff. citeşte tot
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Alro Posts Adjusted Net Profit Of RON93M In 1Q/2017
Aluminum producer Alro Slatina (ALR.RO) registered an adjusted net profit of RON93 million, in January-March 2017, compared with RON41 million in the year-earlier period, and its turnover rose to RON634 million, from RON564 million in the first quarter of 2016. citeşte tot
