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Romania bracing for unprecedented external deficit: 6.5% of GDP
Romania is about to end the year with a significant external deficit, triggered by the wave of imports that spun out of control in the last quarter. "According to the latest information, the...
A.T. Kearney: Romania, one of Europe's little tigers
Romania is the only Eastern European country included, as of this year, in the top of the favourite destinations among European Union investors. According to the "Foreign Direct Investment C...
Launch of 1,000,000 ROL bill to be shortly followed by denomination
Three days after the National Bank's announcement about the imminent release of the 1,000,000 ROL bill, Premier Adrian Nastase decided that Parliament would receive the draft law on the dome...
Launch of 1,000,000 ROL bill to be shortly followed by denomination
Three days after the National Bank's announcement about the imminent release of the 1,000,000 ROL bill, Premier Adrian Nastase decided that Parliament would receive the draft law on the dome...
Three Romanian brands, 40% of PC market
Three of the top five computer vendors in Romania in Q3 are Romanian companies. The latest IDC survey, which considered the systems sold by the companies under their own brand throughout Jul...
Lack of market economy officially acknowledged
Romania did not get the functioning market economy status "because it had to be found as existing first," the interim European Integration minister Vasile Puscas on Wednesday said before the...
Russian-British consortium TNK-BP drops out of Petrom race
Russian-British company TNK-BP is the first investor to drop out of the Petrom race, even before being granted access to the data room of Romania's largest company. Economy and Trade ministe...
More Romanians in the neighbourhood of $100m
Romania's richest people ranking published by Capital magazine has not seen too much of a change in the upper segment. Iosif Constantin Dragan remains the richest Romanian, as his fortune is...
SIF Muntenia's profit, 85% of yly target
SIF Muntenia concluded the first nine months of this year with 304bn ROL in total profit, 23bn ROL more than the profit made until late August. The company therefore attained 85% of the full...