Gabriela Stan

Eurostat: Romania Registered Fewest Temporary Employees In EU In 2016

15:18, 02 Mai 2017
Romania registered the fewest employees aged 15 to 64 employed under a temporary contract in the European Union (1.4%), while Spain (26.1%) and Poland (27.5%) were at the opposite end of the scale, according to Eurostat.

Lulache No Longer Member Of Nuclearelectrica Board Of Directors, Keeps GM Position By September

17:39, 25 Apr. 2017
Daniela Lulache, the general manager of Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) since 2013, was not reconfirmed as a member of the company's Board of Directors but will keep the general manager position by September 1, according to the decision of the shareholders.

Raiffeisen Bank Lent Over EUR350M To SMEs Under JEREMIE Program

16:47, 25 Apr. 2017
Romanian lender Raiffeisen Bank granted loans of more than EUR350 million to small and medium-sized enterprises (SMEs) via the Joint European Resources for Micro to Medium Enterprises (JEREMIE) program, the lender said in a statement Tuesday.

OMV Starts Arbitration Proceedings Against Romanian State For Recovering EUR34M Environmental Costs

19:54, 24 Apr. 2017
Austria's OMV, owner of OMV Petrom (SNP.RO), initiated arbitration proceedings against the Romanian state at International Court of Arbitration in Paris for recovering environmental costs worth EUR34 million, OMV said in its 2016 annual report.

Praktiker Romania Owner Buys Company’s Stores In Ploiesti And Constanta

13:48, 24 Apr. 2017
Businessman Omer Susli, owner of do-it-yourself retailer Praktiker Romania, bought the stores it operated in Ploiesti and Constanta cities, through a loan from CEC bank.

A Román Nemzeti Bank devizaárfolyamai 2017. április 21-én

16:26, 21 Apr. 2017
A Román Nemzeti Bank devizaárfolyamai 2017. április 21-én

BNR Exchange Reference Rates of April 21

16:21, 21 Apr. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Enel Launches Natural Gas Supply Services For Residential Customers In Romania

14:49, 21 Apr. 2017
Italian utility group Enel has entered the Romanian natural gas supply market for residential customers, who can opt for a single electricity and natural gas supplier, the company said in a statement Friday.

Dent Estet Turnover Up 20% To EUR6.8M In 2016

13:54, 20 Apr. 2017
Dental clinic chain Dent Estet reported a turnover of EUR6.8 million in 2016, up 20% on the year, due to the increase of the number of patients and the requests for complex treatments, dental prosthesis and implantology.

A Román Nemzeti Bank devizaárfolyamai 2017. április 20-án

13:51, 20 Apr. 2017
A Román Nemzeti Bank devizaárfolyamai 2017. április 20-án

BNR Exchange Reference Rates of April 20

13:47, 20 Apr. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

A Román Nemzeti Bank devizaárfolyamai 2017. április 19-én

14:26, 19 Apr. 2017
A Román Nemzeti Bank devizaárfolyamai 2017. április 19-én

BNR Exchange Reference Rates of April 19

14:23, 19 Apr. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Eurostat: Romania Posts Lowest Annual Inflation Rate In EU In March 2017

14:16, 19 Apr. 2017
Romania posted the lowest annual inflation rate, of 0.4%, in the European Union in March 2017, while the EU's average rate stood at 1.6% from 2% in February, EU’s statistics office Eurostat said Wednesday.

Dacia Registrations In EU Up 9.9% In January-March 2017

12:49, 19 Apr. 2017
New registrations of Dacia cars in the European Union rose 9.9% to 111,126 units in January-March 2017, while Renault’s cars ranked third by the number of new registrations after VW and PSA groups.

BNR Exchange Reference Rates of April 18

14:42, 18 Apr. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

A Román Nemzeti Bank devizaárfolyamai 2017. április 18-án

14:38, 18 Apr. 2017
A Román Nemzeti Bank devizaárfolyamai 2017. április 18-án

ANAF Revenues 1.3% Higher YoY In January-March, 2% Lower Than Planned

14:38, 13 Apr. 2017
The revenues collected by Romanian tax authority ANAF in January–March are 1.3% higher compared with the year-earlier period, but 2% lower (RON1.1 billion) compared with the planned amount, Bogdan Stan, ANAF head said Thursday.

Fiscal Council President On Pay Law: Budget Deficit Could Reach 5.7% Of GDP In 2018

13:19, 11 Apr. 2017
The impact of the unitary pay law over the budget deficit is double versus that presented by the government, reaching RON50-60 billion; thus, budget deficit could reach 5.7% of GDP in 2018, according to Fiscal Council president Ionut Dumitru.

Black Sea Oil&Gas Awards Drilling Rig Contract For Two Offshore Wells In Black Sea

10:28, 11 Apr. 2017
Black Sea Oil & Gas and its co-venture partners announced Tuesday the awarding of a contract for the drilling of two offshore exploration wells located in the XV Midia Shallow Block, Romanian Black Sea continental shelf, to the local offshore drilling services provider GSP Offshore SRL.

Enel Buys Additional Stake Of 13.6% In E-Distributie Muntenia And Enel Energie Muntenia For EUR400M

17:18, 10 Apr. 2017
The acquisition of a further 13.6% of the share capital of the electricity distribution and sales companies operating in the Romanian region of Muntenia was finalized for a consideration of about EUR400 million, Italian utility group Enel said in a statement Monday.

Mazda Sales In Romania Up 17% To 371 Units In January-March 2017

13:25, 10 Apr. 2017
Sales of Japanese automaker Mazda on the Romanian market surged 17% on the year in the first three months of 2017, to 371 units sold, the company said in a statement Monday.

Competition Council Clears Takeover Of Elgan Automotive KFT And Elgan Automotive SRL By Globalworth

13:14, 10 Apr. 2017
Romania’s Competition Council has approved the transaction whereby Globalworth Real Estate Investments Limited is acquiring Elgan Automotive KFT S.C. and Elgan Automotive S.R.L.

Energy Expert: Fuel Price Hike Could Jeopardize Romania’s Economic Growth

17:24, 07 Apr. 2017
The price increase of crude oil and oil products, after the recent chemical attack in Syria, could jeopardize Romania’s economic growth, as a fuel price hike would trigger a chain reaction in the economy, according to energy expert Ionut Purica.

Bucharest Stock Exchange Launches Online Petition For National Investment Day

19:02, 06 Apr. 2017
Bucharest Stock Exchange, the most important institution of the local capital market, launches an online petition that Romanians can sign to express support for enforcing a National Investment Day.

Eurostat: Romania And Bulgaria See Lowest Hourly Labor Costs In EU In 2016

17:44, 06 Apr. 2017
Romania (EUR5.5) and Bulgaria (EUR4.4) registered the lowest hourly labor costs in the European Union in 2016, while the highest hourly labor costs were registered in Denmark (EUR42) and Belgium (EUR39.2), according to Eurostat data.

Elena Ungureanu, VISA: The 18% Hike Of Currency In Circulation Is Alarming

15:18, 06 Apr. 2017
The number of contactless payments rose fourfold and the value of transactions rose fivefold in 2016, but the 18% increase of currency in circulation is alarming, Elena Ungureanu, deputy country manager VISA Romania, stated Thursday.

EY: 31% Of Romanian Companies Say Business Environment Is Affected By Corruption

15:03, 05 Apr. 2017
According to EY EMEIA Fraud Survey, 51% of respondents across Europe, the Middle East, India and Africa (EMEIA), still perceive that corrupt practices happen widely in business in their country despite sporadic progress in tackling bribery and corruption.

Colliers: Romanian Retail Space Market To Grow By 180,000 Sqm In 2017

14:16, 05 Apr. 2017
Retail space market will increase by 180,000 square meters in Romania in 2017, while most of the projects will be strip mall-type projects that will be delivered in secondary and tertiary cities, such as Prima Shops Oradea, according to real estate consulting company Colliers International.

Eurostat: Romania Retail Trade Posts Fourth Highest Growth In EU In February

16:59, 04 Apr. 2017
Romania posted the fourth highest annual growth in retail trade in the European Union in February 2017, of 7.5%, overtaken by Slovenia (16.8%) and Luxembourg (12.9%), Eurostat data showed Tuesday.

Libra Internet Bank Posts Record Profit Of RON32.5M In 2016

16:56, 04 Apr. 2017
Libra Internet Bank reported a record net profit of RON32.5 million in 2016, while its net assets doubled in the last two years, to RON3.39 billion, the bank said in a statement Tuesday.

Eurostat: Romania Has More Than A Third Of Vineyard Holdings In EU

16:31, 04 Apr. 2017
Romania has more than a third of vineyard holdings in the European Union, namely 855,000 holdings, or 36% of EU total, but the average area per holding stood at only 0.2 hectares in 2015, according to Eurostat.

ANRE: Romania To Raise Household Gas Prices By 2% As Of April 1

18:49, 30 Mart. 2017
Romania’s energy watchdog ANRE approved Thursday the regulated prices for the 38 natural gas suppliers operating on the local market, while natural gas prices for household consumers will increase by 2% as of April 1.

Sapunaru, Agrointeligenta: Romanians Should Buy Products Made In Romania To Support Local Economy

16:30, 30 Mart. 2017
Romanians should buy products made in Romania to support the local economy, Nini Sapunaru, head of Agrointeligenta association, told a MEDIAFAX conference about Romanian producers in food industry on Thursday.

Michelin Group Invests EUR60M In Michelin Zalau Cord Plant NW Romania

11:16, 29 Mart. 2017
Michelin group will invest EUR60 million in the metallic cord plant Michelin Zalau Cord in Zalau town, northwestern Romania, thus creating 140 jobs and increasing production capacity by 50%, to 60,000 tons of metallic cord per year by 2019, the company said in a statement Wednesday.

Study: Romania Ranks Last In EU By Share Of Online Shoppers In Internet Users

19:24, 27 Mart. 2017
Only two in ten internet users in Romania (18%) shopped online in 2016, the lowest share in the EU, while the average stands at 66%, according to the data from marketing agency Perceptum.

Romanian Smart Bill Posts Sales Of Over EUR1M In 2016

13:36, 23 Mart. 2017
Smart Bill, Romanian provider of billing and management accounting solutions, reported a turnover of over EUR1 million in 2016, one year after the investments from Catalyst Romania and Gecad Group.

Black Sea Blocks Exploitation Rights Granted In 1992 – Sterling Resources

19:10, 01 Apr. 2009
Canadian company Sterling Resources stated Wednesday that the rights of exploitation at the Black Sea blocks XIII Pelican and XV Midia were stipulated in the initial contract signed back in 1992, and the former government has not given the company any additional rights.

Railway Cars Maker IRS Sacks 1,200 People, Cristian Burci Named GM

19:02, 01 Apr. 2009
Cristian Burci, the president and majority shareholder of freight railway wagons maker International Railway Systems (IRS), will also become the company’s general manager after Juergen von Schwerin's resignation following a major restructuring process that includes cutting 1,200 jobs.

Clients Shoplifting To Top Personnel Steals In ’09 – UTI

18:30, 01 Apr. 2009
The clients will steal more than the personnel from Romanian stores in 2009, unlike the previous years, when the staff shoplifting was more frequent, Simona Dinca, general manager of UTI Retail Solutions, said Wednesday.