Romanian
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Romanian economy starts looking in the euro mirror
Romania, the last EU applicant country that has been watching the dollar for years, will start pegging its currency to the euro this spring. This will mark the beginning of a transition peri...
Another eight Hercules planes for the Romanian Air Force?
Those that flew to Kabul in a C-130 Hercules are mainly talking about the long trip and the freezing cockpit. Still, they are also happy they made it to Kabul and back. The four Hercules pla...
BCR and BRD about to storm Romanian mutual funds market
Banking deposits rates keep dropping, pushing many investors to look for more profitable investment options. Since the revenues derived from interest rates and insurance will be encompassed...
Romanian wages: less money, more taxes
The Romanian workforce, although considered cheap, does bear the most taxes in the entire Central and Eastern Europe, despite the five percent cut in the social security contributions (CAS)...
Skanska exits Romanian market
Swedish Skanska Group, one of the leading construction companies in Europe on Tuesday announced it would withdraw from several Eastern European markets, Romania inclusive, Financial Times re...
Euro hike leaves many Romanian bank customers high and dry
The U.S. dollar yesterday plunged close to a three-year low, with the single European currency climbing to 1.0539 USD.Although many analysts had already deemed the euro increase as exaggerat...
"Buy Romanian" nu s-a aplicat pe piata auto in 2002
Anul 2002 trebuia sa insemne consolidarea pietei auto romanesti prin cresterea puternica a vanzarilor de masini produse local si incetibnirea ascensiunii fulminante pe care au avut-o in ulti...
Romanian soccer coach looking to sell his insurance business
Mircea Lucescu (coach of Turkish soccer team Besiktas) is about to sell his insurance business to Eurom Bank and Blocul National Sindical (National Union Block - BNS). The coach who takes no...
Valeo dedicates Romanian plant
French company Valeo, one of the world's largest manufacturers of equipment and components for the auto industry, has dedicated its first Romanian-based plant, hosted by the Mioveni faciliti...