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British American Tobacco Invests EUR60M in Ploiesti Production Line

12:32, 03 Iul. 2017
British American Tobacco, the largest cigarette manufacturer in Romania, said it will invest EUR60 million in its facility in Ploiesti this year, triple the amount estimated at the end of last year.

Romania Unemployment Rate Grows to 5.4% in May

12:30, 03 Iul. 2017
Romania's seasonally adjusted unemployment rate grew 0.1 percentage point on month in May, to 5.4%, the country's statistics board said Monday.

Romania Plans To Introduce Differentiated Corporate Income Tax

16:09, 29 Iun. 2017
Romania's proposed finance minister Ionut Misa said Thursday the government plans to introduce a differentiated tax on income for all companies, in three gradual stages, of 1%, 2% and 3%, respectively.

Canada’s Gabriel Resources Sues Romania For $4.4B

15:45, 29 Iun. 2017
Canadian project developer Gabriel Resources is suing Romania for a record C$5.7 billion (the equivalent of 4.4 billion American dollars) before the World Bank’s International Center for Settlement of Investment Disputes (ICSID).

ANCOM: Average Fixed Broadband Internet Download Speed In Romania Up 78% On Year In 2016

14:44, 29 Iun. 2017
Romanians enjoyed national average download speeds of 26 Mbps for internet data and download speeds of 95 Mbps for fixed broadband internet data in 2016, which translates into an increase of 78%, according to ANCOM application used to test the quality of internet service, called Netograf.ro.

Romania to Eliminate Mandatory Private Pensions

14:43, 29 Iun. 2017
Romania's proposed finance minister Ionut Misa said Thursday the government will eliminate the mandatory private pension system known as Pillar II.

BNR Exchange Reference Rates of June 29

13:15, 29 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of June 27

13:27, 27 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Romania Posts Budget Deficit of 0.27% of GDP in Jan-May

12:45, 27 Iun. 2017
Romania's general consolidated budget posted a deficit of RON2.2 billion in January-May 2017, or 0.27%of the gross domestic product (GDP), after a surplus of 0.2% of GDP at the end of April, finance ministry data showed Tuesday.

Romanian President Designates Mihai Tudose for Prime Minister

20:16, 26 Iun. 2017
Romanian President Klaus Iohannis on Monday designated social democrat Mihai Tudose for prime minister, as proposed by the ruling coalition.

BNR Exchange Reference Rates of June 23

13:12, 23 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Cetelem Study: 32% Of Romanians Say Their Purchasing Power Fell In 2016

18:29, 22 Iun. 2017
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.

Nokia Invests EUR73M In Expanding Its Campus In Timisoara

15:31, 20 Iun. 2017
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.

Romanian Leu Hits New Record Low, Of 4.5957 Vs Euro, Amid Lingering Political Tension

14:31, 20 Iun. 2017
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.

BNR Exchange Reference Rates of June 20

13:06, 20 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of June 16

14:01, 16 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of June 15

13:26, 15 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of June 13

13:14, 13 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

ManpowerGroup: Romanian Employers Forecast Steady Job Gains In Q3/2017

13:00, 13 Iun. 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

BNR Exchange Reference Rates of June 9

13:12, 09 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of June 8

13:32, 08 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of June 7

13:18, 07 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Romania Ranks Fifth Worldwide By 2017 Flight Price Index

12:32, 02 Iun. 2017
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.

BNR Exchange Reference Rates of June 2

12:31, 02 Iun. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

EY Survey: Romania Ranks Fourth In Europe By FDI Job Creation In 2016

15:10, 31 Mai 2017
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.

Posta Romana Posts Gross Profit Of EUR3.8M In 2016

13:40, 31 Mai 2017
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.

Romania, Among Last In The EU By Inland Freight Transport In 2015

14:54, 26 Mai 2017
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.

UniCredit Leasing Ensures Operating Lease For Two TransMontana Locomotives

13:12, 26 Mai 2017
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.

BNR Exchange Reference Rates of May 26

13:09, 26 Mai 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Romania Posts RON1.35B Budget Surplus In January-April 2017

19:56, 25 Mai 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.

Bosch Ends 2016 Fiscal Year, In Romania, With 22% Higher Turnover, Of RON1.5B

19:17, 25 Mai 2017
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.

Competition Council Clears Takeover Of Fidelis Energy’s Client Portfolio By RWE Energie

19:12, 25 Mai 2017
Romania’s Competition Council has approved the transaction whereby electricity and natural gas supplier RWE Energie acquires the client portfolio of Fidelis Energy.

Fady Chreih: Regina Maria To Carry Out 18 Development Projects In 2017

18:19, 24 Mai 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.

BNR Exchange Reference Rates of May 23

13:13, 23 Mai 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Ghetea, CEC Bank: Risks Related To SME Lending Decreased From Previous Years

15:40, 22 Mai 2017
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.

BNR Exchange Reference Rates of May 22

13:11, 22 Mai 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

BNR Exchange Reference Rates of May 19

13:51, 19 Mai 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Competition Council To Complete Inquiry Into Insurance Companies

14:46, 18 Mai 2017
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.

BNR Exchange Reference Rates of May 18

13:15, 18 Mai 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Hun Lee Takes Over As President Of Samsung Electronics Romania

16:20, 17 Mai 2017
Hun Lee is the new president of Samsung Electronics Romania and will be tasked with managing operations on the Romanian and Bulgarian markets.