July 10, 2014

Inflation – new historic low in 24 years
Jul 10, 2014

Inflation – new historic low in 24 years.
Consumer prices decline 0.3 pc in June.. Year-over-year inflation rate in Romania reached a new historic low of 0.66 percent in June as consumer prices declined nearly 0.3 percent in June 2014 from May 2014, amidst falling prices for food and services, data released on Thursday by the National (...)
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NEPI Invests EUR6M To Renovate Shopping Mall In Buzau South-African investment fund New Europe Property Investment (NEPI) will invest EUR6 million in renovating Aurora shopping mall in Buzau, bought this summer from businessman Dan Ostahie, jointly with another shopping mall in Alba Iulia, in a EUR10 million (...)

IKEA reaches EUR 105 mln sales with just one store in Romania Swedish furniture retailer IKEA’s only store in Romania had total sales of EUR 105 million (VAT included) in the catalog year ended August 31, 2014, 6.5% bigger compared to the previous catalog year, the company has announced. Some 3.23 million shoppers visited IKEA in the same period and they (...)

Romanian entrepreneurs start new luxury residential compound near Bucharest's Herastrau park Real estate developing firm SKV Properties, owned by Romanian entrepreneurs Ciprian and Cristina Anghel, started the construction of a luxury residential project near Herastrau park, which will require a EUR 30 million investment, according to Mediafax. “This is the largest luxury project (...)

INTERVIEW Former president Ion Iliescu: Democracy impossible without citizens assuming responsibilities Former Romanian president Ion Iliescu granted an interview to the National News Agency AGERPRES, highlighting details of his memories book 'Destiny of a Leftist', recently launched by the Litera Publishing House.

IKEA Sales In Romania Up 6.4% In 2014 Catalog Year, To RON468.4M The IKEA store in Bucharest had sales of RON468.4 million (EUR106 million) in the 2014 catalog year 2014 (September 1, 2013 - August 31, 2014), up 6.45% on the year.

For Irishman Liam Kevin O'Donnell, it was love at first sight Irishman Kevin Liam O'Donnell lives in Chiojdu, a village in the Buzau Mountains (northeast of Bucharest), not far of Lacul Vulturilor (Eagles' Lake) and from the ancient forests of the Carpathians. His home is a villa with red heart pattern shutters, surrounded by a garden with flowers, fruit (...)

Romanian PM launches new campaign theme: referendum for monarchy Romanian Prime Minister Victor Ponta, who is currently running for presidency, said that he would organize a referendum on the form of government in Romania if he were to be elected President. “I believe that, in the coming years, in Romania we should have not only a public debate, but we should (...) : all romanian news. Copyright © DIRECTWAY | RSS Romaniapress NEWSNews RSS |