08.28.2014

Investor sentiment regarding the outlook of the Romanian economy rose for the fourth consecutive month in August, amid increasing confidence in services, a survey from the European Commission showed more

08.22.2014

Chipita Romania, the domestic subsidiary of the Greek group of the same name that owns the brands 7Days and Finetti, was in 2013 the largest confectionery exporter from Romania, according to a ZF more

07.29.2014

Romania has made some progress in its combat against money laundering, but further steps are needed to strengthen the independence of its anti-money laundering institutions and to improve the overall more

07.18.2014

In 2008, the group built in Bihor by brothers Ioan and Viorel Micula generated almost one billion euros in revenue. In 2013, two of the largest companies part of the entrepreneurs’ food empire, more

07.10.2014

The European Commission sent a reasoned opening to Romania Thursday asking the country to remove unjustified barriers to exports of natural gas, giving Romania two months to make amends before more

06.04.2014

Romania doesn’t meet all the five criteria required to join the euro area, a report from the European Commission showed Wednesday. more

05.21.2014

The two million Romanians working in the EU, most of them in difficult conditions, were ignored by the very peoople who could have fought for them in the European Parliament. more

05.05.2014

The European Commission on Monday revised slightly upward its forecast on Romania’s economic growth to 2.5% in 2014 from 2.3% previously, saying it expects stronger contributions from consumer more

04.06.2014

The European Commission is claiming back a total EUR318 million of EU agricultural policy funds, unduly spent by 11 member states, of which EUR4.51 million from Romania, the Commission said in a press more

03.27.2014

Nine international groups, holding 12 modern retail networks overall, are still present on the Romanian market, after the departure, in recent years, of Turkey’s FIBA (with G’market stores), more

03.21.2014

Romania could absorb this year more Eu funds than in all previous years combined, of EUR6 billion, and reach and absorption rate of around 60% in 2014 and 80% in 2015, said Marius Radu, EU fund more

03.21.2014

Romania received EU funding of EUR21.3 billion in 2007-2013 and paid EUR10.6 billion to the EU, resulting in a positive balance of EUR10.9 billion, Adrian Vasilescu, adviser to the central bank more

03.05.2014

The European Commission on Wednesday imposed a fine of just over EUR1 million on Romanian power exchange OPCOM for discriminating against foreign electricity traders for a period of five years. more

02.25.2014

Romania’s economy is likely to expand at an annualized pace of 2.3% in 2014 and to accelerate to 2.5% in 2015, largely fueled by domestic consumption and investments, according to European more

02.20.2014

The European Commission Thursday asked Romania to observe EU legislation, providing financial equilibrium of the main Romanian infrastructure manager, by granting incentives in order to reduce the more

01.30.2014

Investor sentiment regarding the outlook of the Romanian economy fell for the second consecutive months in December, amid weakening confidence in retail, constructions and industry, a survey from the more

01.29.2014

Romania's minister-delegate for small and medium-sized businesses and tourism Maria Grapini will be leaving her government position to run for a seat in the European Parliament on behalf of the more

01.22.2014

European Commission published Wednesday a new report on the progress in Romania under the Co-operation and Verification Mechanism, in the two core areas of judicial reform and anti-corruption work. more

12.12.2013

The European Commission announced Thursday it has approved a EUR82.7 million investment for the construction of an 18.5-kilometer ring-road in Brasov, central Romania. more

12.03.2013

Romania must observe the recommendations made by the European Council regarding structural reforms and fiscal measures, regardless of whether it signs the memorandum agreed with the International more

11.28.2013

Investor sentiment regarding the outlook of the Romanian economy inched up 0.5 points in November, amid improved confidence in retail and services, a survey from the European Commission showed more

11.05.2013

Romania’s economy is likely to expand 2.1% in 2014 and to accelerate to 2.4% in 2015, with growth drivers expected to switch from net exports to domestic demand, the European Commission said in its more

10.23.2013

The European Union Council has approved a new EUR2 billion precautionary financial assistance program for Romania in conjunction with a similar two-year loan from the International Monetary Fund. more

10.01.2013

Romania plans to request the European Commission for a two-year extension of the deadline by which it must reduce dioxide emissions from coal-fired power plants, minister delegate for Energy more

09.27.2013

Investor sentiment regarding the outlook of the Romanian economy rose by 1.8 points in September, the highest monthly increase since February, amid improved confidence in most sectors, a survey from more