July 14, 2014

Romania – first in EU by increase in industrial production
Jul 14, 2014

Romania – first in EU by increase in industrial production.
Industrial production continues to be the star of Romanian economy as production levels in this segment increased by 15 percent in May, 2014, after being the driving force behind the economic growth of 2013, which places Romania at the top of the list in the EU area, data released Monday by (...)
[Read the article in Nine O`Clock]

Investment fund NEPI to raise EUR 100 mln for Romanian Promenada Mall acquisition, buys new land plot South-African real estate investment fund New Europe Property Investment (NEPI) will raise another EUR 100 million new capital via an accelerated book build (ABB) to finance the acquisition of the Promenada Mall in Bucharest, Romania, and other future projects, the fund announced on Monday. The (...)

Telekom rents Globalworth Campus building in Bucharest Telecommunications group Telekom Romania, part of Deutsche Telekom, has signed a lease for the first office building in the Globalworth Campus complex in the Pipera area in Bucharest. The project is developed by Globalworth group owned by Greek businessman Ioannis Papalekas. The lease of the (...)

Bounced payments up 19.4% in October in Romania The amount of payments rejected by banks increased by 19.4% in October compared to the previous month, exceeding EUR 174 million, according to data reported to the Payment Incidents Register of the National Bank of Romania, cited by local The value of the bounced payments carried (...)

Romania's richest pays bog to hunt and stuff an elephant Ioan Niculae, the richest Romanian, had paid some USD 40,000 to hunt and kill an elephant in South Africa, and then paid another USD 50,000 to have the animal stuffed and shipped to Romania, reports Niculae shot the elephant in February last year in Hoedspruit, Limpopo, but it (...)

Romania's Govt. wants to keep majority stake in the defense industry companies The Romanian Government has given up its intention to sell the majority stakes in companies in the defense industry, and will keep a minimum 50% stake after their privatization, according to the new draft law on the defense industry, cited by local Digi24. In the earlier draft presented for (...)

GDP growth estimates revised up to 2.6% in Romania The National Prognosis Commission has revised the estimates on GDP growth for 2014 from 2.5% as forecasted in May 2014 to 2.6%, while the forecast for GDP growth in 2015 went down to 2.5% from 2.6%. This year’s GDP will amount to EUR 151 billion, and in 2015 to EUR 159 billion. For 2016 and (...)

Romania's inflation revised down to 1.6% from 3.5% The National Prognosis Commission decreased their estimation of the annual inflation for Romania in 2014 at 1.6%, revising its forecast of 3.5% made in May, according to the ‘2014-2018 medium-term forecast’ document published by the Commission. The estimation of the average annual rate was also (...) : all romanian news. Copyright © DIRECTWAY | RSS Romaniapress NEWSNews RSS |