Romania's economy went back in time

One In Three People In Romania Works In Agricultural Sector, Just Like In 1980

One In Three People In Romania Works In Agricultural Sector, Just Like In 1980

yesterday, 12:42

Romania may have caught up with the West in terms of inflation and interest rates, but has not made any progress with one of the most important indicator of a country’s development: percentage of population employed in the agricultural sector.

ZF NEWSRSS

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Top Five Hotels In Mamaia Seaside Resort Generate RON55M Revenue Top Five Hotels In Mamaia Seaside Resort Generate RON55M Revenue

The five most important hotels in Mamaia by revenue of the companies that operate them posted 55 million lei (EUR12.4 million) revenue

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EUR4B Worth Of Highway Concession Contracts Not Making Any Progress EUR4B Worth Of Highway Concession Contracts Not Making Any Progress

The southern part of the Bucharest beltway (48 kilometers) and the Craiova-Pitesti highway (121 kilometers), two projects the

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Car Exports Down 6% In July Car Exports Down 6% In July

Exports of new cars assembled in Romania fell by more than 6% in July, compared with the corresponding month of 2013, to fewer than

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Romania Oilseed Rape Harvest Hits Record High, Of 1.1M Tons Romania Oilseed Rape Harvest Hits Record High, Of 1.1M Tons

Romania has harvested a record rape crop this year, of roughly 1.1 million tons, despite poor weather conditions in the second quarter,

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Orange Romania Expands Wi-Fi Network From 400 To 1,000 Access Points Orange Romania Expands Wi-Fi Network From 400 To 1,000 Access Points

Orange Romania, the local mobile communications market leader, plans to boost the number of Wi-Fi Internet access points installed

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Franchised McDonald’s Restaurants Outperform Directly Operated Ones Franchised McDonald’s Restaurants Outperform Directly Operated Ones

The franchised McDonald’s restaurants ended last year with average revenue of 7.3 million lei (EUR1.64 million), more than 6% higher

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Bad Loan Ratio Falls After NPL Sales Bad Loan Ratio Falls After NPL Sales

The bad loan ratio has entered a downward trend in Romania after it peaked at 22.3% in March and analysts expect the trend to maintain

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Romania’s Leasing Companies Release 20% More Funding In 1H Romania’s Leasing Companies Release 20% More Funding In 1H

Leasing companies in Romania granted new funding worth EUR664 million in the first six months of the year, up 22% from the same period

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China’s State Grid Corporation Interested In Enel’s Romanian Assets China’s State Grid Corporation Interested In Enel’s Romanian Assets

China’s State Grid Corporation, the world’s largest electricity distribution company, is interested in buying the electricity

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Electricity, Gas And Fuel Consumption Down In 1H Electricity, Gas And Fuel Consumption Down In 1H

Romania used 3.2% less electricity in the first half, as well as 4.7% less natural gas and almost 3% less fuel.

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Interview

Domo Sales Rise 20% In 1H, Growth Set To Accelerate By Yearend Domo Sales Rise 20% In 1H, Growth Set To Accelerate By Yearend

The figures posted in the first half set the stage for further growth for electroIT retailer Domo's business in the second half as well, says Kim Koellner, the South-Korean executive brought at the company’s helm at the end of last year.

Today's figure

Romania’s 20 Largest Private Gas Station Operators Get Over EUR400M In Revenue In 2013

Companies such as Smart Diesel, Turist Service, Rombeer Cringasu or Alsacom, run by little known businesspeople, have been striving to resist competition from companies such as OMV Petrom, Rompetrol, Lukoil or MOL, on a fuel market worth around EUR9.5 billion, which continues to decline, though.

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