Articolele autorului Gabriela Stan
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Eurostat: Romania And Bulgaria See Lowest Hourly Labor Costs In EU In 2016
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. citeşte tot
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Elena Ungureanu, VISA: The 18% Hike Of Currency In Circulation Is Alarming
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. citeşte tot
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EY: 31% Of Romanian Companies Say Business Environment Is Affected By Corruption
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. citeşte tot
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Colliers: Romanian Retail Space Market To Grow By 180,000 Sqm In 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. citeşte tot
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Eurostat: Romania Retail Trade Posts Fourth Highest Growth In EU In February
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. citeşte tot
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Libra Internet Bank Posts Record Profit Of RON32.5M In 2016
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. citeşte tot
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Eurostat: Romania Has More Than A Third Of Vineyard Holdings In EU
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. citeşte tot
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ANRE: Romania To Raise Household Gas Prices By 2% As Of April 1
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. citeşte tot
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Sapunaru, Agrointeligenta: Romanians Should Buy Products Made In Romania To Support Local Economy
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. citeşte tot
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Michelin Group Invests EUR60M In Michelin Zalau Cord Plant NW Romania
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. citeşte tot
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Study: Romania Ranks Last In EU By Share Of Online Shoppers In Internet Users
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. citeşte tot
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Romanian Smart Bill Posts Sales Of Over EUR1M In 2016
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. citeşte tot
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Black Sea Blocks Exploitation Rights Granted In 1992 - Sterling Resources
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. citeşte tot
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Railway Cars Maker IRS Sacks 1,200 People, Cristian Burci Named GM
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. citeşte tot
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Clients Shoplifting To Top Personnel Steals In ’09 - UTI
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. citeşte tot
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Romanian Avicola Calarasi To Take RON40M, EUR10M Loans In ’09
Romanian poultry producer Avicola Calarasi might borrow 40 million lei (EUR1=RON4.2329) for working capital this year, as well as up to EUR4 million for production and maximum EUR6 million for investments. citeşte tot
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Romanian Leu Ends Higher Vs Euro On Regional Trend
The Romanian leu closed at RON4.2280/RON4.2310 against the euro Wednesday, higher compared with RON4.2390/RON4.2415 to the euro at Tuesday’s closing, following the upward trend of emerging currencies. citeşte tot
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Romanian Econ Min Aims Getting EUR2.5B From Greenhouse Gas Emissions Trades
Romanian Economy Ministry drew up a government decision draft by which it plans to manage trades with greenhouse gas emissions certificates, which might bring between EUR1.25 billion and EUR2.5 billion to the state budget. citeşte tot
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Romania’s Budget Revision Stipulates Public Jobs Freeze - Sources
Romania’s budget revision, following the loan agreement with the International Monetary Fund and European Commission, stipulates the freezing of public jobs in order to cut budget expenses, ministerial sources told MEDIAFAX Wednesday. citeşte tot
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IMF To Reply To Romania’s Letter Of Intent Next Wk - Sources
The International Monetary Fund informed the Government it will send early next week a reply to Romania's letter of intent on closing a financing agreement, sources close to the matter told MEDIAFAX Wednesday. citeşte tot
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Romanian PM, Mins To Discuss IMF Loan With Parliament Officials Next Wk
Romanian Prime Minister Emil Boc and part of the ministers will discuss next week the agreement with the International Monetary Fund, with the two Parliament Chambers' Standing Offices and the Budget-Finance Commissions. citeşte tot
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Romania's EnergoNuclear Hldrs Might Name GM Thursday
Shareholders of EnergoNuclear, the joint venture that will build nuclear reactors 3 and 4 at Romania’s nuclear power station Cernavoda, will meet for the first time Thursday and may name the company's general manager, among others, sources close to the matter told Mediafax Wednesday. citeşte tot
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Romanian PM Asks Mins For Fin Needs List In View Of Budget Revision
Romanian Prime Minister Emil Boc asked ministers to draw up in maximum one week a list of investment projects that need financing, in view of the budget revision and the funds Romania will get after the agreement with the International Monetary Fund and the European Commission. citeşte tot
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Romanian Retailers See 17% Lower Sales In ‘09 - UTI
Romanian retailers estimate a 17% drop in 2009's sales, which makes them more cautious on diminishing losses in order to maintain profitability, UTI Retail Solutions general manager Simona Dinca said Wednesday. citeşte tot
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Sustainable Growth Under Free Mkt Conditions, Sol To Crisis - Ctrl Bk Official
The solution to the current financial crisis would be a sustainable economic growth, which is possible only under free market conditions, while the international interventionist trend would restrict the private players’ freedom, also in Romania, according to central bank adviser Lucian Croitoru. citeşte tot
