Romania ranks second in Europe, after Turkey, by growth and growth potential in the Food & Beverage (F&B) sector, including consumption in restaurants, fast food units, cafes, tea shops and ice-cream parlors, according to a report by Cushman & Wakefield.
Passenger traffic on the international airport in Oradea, western Romania, increased by 350% in June compared with June 2016, the airport said in a statement Thursday.
The Foreign Investors Council (FIC) is worried by the substantial changes to the governing program and believes that such radical changes, announced at very short notice, can have a destabilizing effect on the economy and only serve to dent the trust of existing and future investors
Romania (EUR0.70/kg) and Bulgaria (EUR0.68/kg) rank last among European Union member states by resource productivity, data from the EU statistical office Eurostat showed Tuesday.
CEZ reported a net profit higher by RON181.66 million in 2016 compared with 2015, due to its wind energy output, the company said in a statement Tuesday.
Small and medium-sized companies with insufficient assets to cover guarantees may get loans from Bancpost, under a guarantee cap of RON20 million, following an agreement between the lender and EximBank.
One out of three companies in Romania will be exposed to insolvency risks if the government replaces the 16% flat tax on profit with a tax on turnover, showed a study by Iancu Guda, president of the Romanian Association of banking analysts.
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'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.
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).
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'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.
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 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.
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.
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
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.
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.
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 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.