foreign
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PwC: Rising wages and poor infrastructure obstruct foreign investors
The rising wages, the increasing shortage of a specialised workforce and the labour conflicts of recent months are eroding Romania's competitive edge as a destination for foreign investment...
Ilie Carabulea: " We need to prepare for when foreign investors leave"
Ilie Carabulea, the Sibiu-based businessman who controls Banca Comerciala Carpatica and the Atlassib group, believes Romanian entrepreneurs need to be prepared for when major foreign investo...
Bucharest attracts two thirds of foreign investments
Bucharest attracts 64% of foreign investments compared with the Northeast region, which only gets 1.2%. This is the most significant gap in terms of the impact foreign investment s have on e...
No foreign exchange risk for Romania's eurobonds
The 750m-euro eurobond issue Romania launched last week does not involve any foreign exchange risks as, by the time it matures, in 2018, the domestic currency will be the euro, states Stefan...
Enel takes foreign investments to record high
The value of foreign direct investments atracted in the first four months of this year amounted to a record 2.3 billion euros, double as much as the same time last year, while in April alone...
Foreign debt increases 40% in one year and reaches 61bn euros
Romania's overall foreign debt exceeded 61 billion euros at the end of March, up 40% on the first quarter of last year, reveals data from the NBR (National Bank of Romania). Since the beginn...
Bucharesters prefer savings in foreign currency
In the first three months of the year, Bucharesters made less deposits in RON, preferring foreign currencies for savings. In Calarasi and Teleorman, the counties with the lowest deposits, th...
Foreign investments corporate share capital triple in Q1
The value of foreign investments as contributions to corporate share capital amounted to 1.36 billion euros in the first quarter of the year, almost triple against last year, according to th...
Foreign banks try to take control of BSE
Foreign banks have come to control, both directly and indirectly (through brokerage firms), around 21% of the share capital of the BSE. Nonetheless, they have little influence over the decis...