August 19, 2014

Automotive market up about 31 pct over January-July 2014
Aug 19, 2014

Automotive market up about 31 pct over January-July 2014.
New car and commercial vehicle sales on the Romanian market amounted to 57,019 units over January-July 2014, up 30.9 percent when compared to the similar period of 2013, with an increase of 32.7 percent as regards cars, according to data published on Monday by the Association of Automotive (...)
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Additional Funding For First Home Program Provides Capital For 5,000 More Loans The raising of the guarantee budget for First Home government-backed mortgage lending program provides funds for 5,000 potential beneficiaries by the end of the year, according to Romania's national guarantee fund for small and medium sized businesses (...)

Flanco Invested EUR1.8M In Network Expansion And Development Romanian electronics retailer Flanco has invested over EUR1.8 million this year in development, new store openings and store remodeling, 80% more than it initially planned, and estimates it will end the year with a growth of more than 10% in (...)

EU signs off EUR 57 mln financing to connect remote Romania to the Internet The European Commission has approved a EUR 57 million funding for Romania to develop broadband Internet infrastructure is the so-called ‘white areas’, which currently lack electronic communication network. The EU funding will cover most of the amounts needed to kick off the RO-NET project, which (...)

Romania's capital to catch up with Budapest and Prague on modern retail stock The shopping center stock in Romania’s capital Bucharest, which includes malls, retail parks and commercial galleries, will surpass a gross leasable area (GLA) of one million square meters, in the next two years, according to local real estate consultancy firm DTZ Echinox. This will take (...)

Leu Down Vs Euro, Exchange Rate At 4.4236 The Romanian leu edged down against the euro by midday Thursday and the central bank’s reference lost 0.16% to 4.4236 units.

Romania jumps to FIFA No. 21 
 Romania's national football team is No. 21 in FIFA rankings made public on Thursday; Romania have 876 points and have jumped five positions from Sept.

Basescu: Multiplying gas supply sources, on agenda of European Council meeting Romanian President Traian Basescu said on Thursday at the Henri Coanda International Airport that the need to multiply gas supply sources, as well as a possible failure of Ukraine-Russia negotiations will be on the agenda of the European Council meeting in (...) : all romanian news. Copyright © DIRECTWAY | RSS Romaniapress NEWSNews RSS |