11.14.2014

The Romanian economy needs big entrepreneurial businesses to be able to offset the foreign capital that currently accounts for half of the revenue and more than 45% of the profit even though it stands more

11.10.2014

Romania’s exports rose more rapidly than imports in the first nine months compared with the year-earlier period, but the trade deficit still widened, the country’s statistics institute INS said more

10.31.2014

The financial crisis and the aggressive expansion of foreign networks toppled the first generation of entrepreneurs in Romania’s food retail, but a new generation is trying to enter the race against more

10.14.2014

Foreigners control one third of the 650,000 companies operating in Romania and generate 50% of local business, namely EUR125 billion out of the EUR250 billion registered in 2013, reveals a ZF survey more

10.10.2014

Romania’s exports rose more rapidly than imports in the first eight months compared with the year-earlier period, but the trade deficit still widened slightly, the country’s statistics institute more

10.02.2014

Hotels attracted 90% of the foreigners who got accommodation in touristic units in the first seven months of this year, namely 950,000 visitors from abroad, reveals a ZF survey based on National more

09.25.2014

The financial crisis of the last six years, which affected the exchange rate as well, has not convinced customers and banks to reduce exposure to foreign exchange risk, so 62% of the loans granted to more

09.09.2014

Romania exported a record EUR4.8 billion worth of products in July, but the trade deficit for the first seven months was still wider than in the same period a year before, the country’s statistics more

08.27.2014

Banks in Romania had retail and corporate loans worth just 213.8 billion lei (EUR48.3 billion) left in their portfolios at the end of July, a three-year low, as they are unable to sell enough loans in more

08.11.2014

Romania’s trade deficit widened to EUR2.83 billion in the first six months of 2014, from EUR2.53 billion a year earlier, the country’s statistics institute INS said Monday. more

07.30.2014

The Danube Delta, one of Romania’s most important touristic areas, attracted 16,400 visitors in the first half of this year, 17.6% more than in the same period of last year, according to data from more

07.10.2014

Romania’s trade deficit widened to EUR2.28 billion in the first five months of 2014, from EUR2.16 billion a year earlier, the country’s statistics institute INS said Thursday. more

06.10.2014

Romania’s trade deficit widened to EUR1.75 billion in the first four months of 2014, from EUR1.67 billion a year earlier, the country’s statistics institute INS said Tuesday. more

05.23.2014

Foreign investors are calling on the Romanian government to scrap the tax on special constructions in its current form because it is expected to generate huge losses for companies by doubling or even more

05.12.2014

Romania’s trade deficit widened to EUR1.11 billion in the first quarter, from EUR1.07 billion a year earlier, the country’s statistics institute INS said Monday. more

05.09.2014

The foreign banks that participated in the Vienna Initiative and that hold around two thirds of the Romanian banking system's assets narrowed their exposure to local subsidiaries by 20% between March more

04.15.2014

Foreigners’ medium and long-term deposits at domestic banks, particularly forms of support from parent banks, stabilized during the February-March period at around EUR6.5 billion, signaling a break more

04.09.2014

Romania’s trade deficit widened 11.6% on the year to EUR566 million in the first two months, with imports rising faster than exports, the country’s statistics institute INS said Wednesday. more

03.20.2014

In the first quarter of 2014, the business law market witnessed a series of events that, overall, point to a worsening of issues that emerged in previous years. more

03.17.2014

The 1.71 million foreign (non-resident) tourists who traveled to Romania in 2013 spent a total 4.79 billion lei (EUR1.08 billion), mostly on accommodation, according to data released Monday by the more

03.12.2014

Romania’s trade deficit narrowed to EUR249 million in January, from EUR298.8 million in the same month a year before, as exports rose faster than imports, official data showed Wednesday. more

02.10.2014

Romania’s trade deficit significantly narrowed in 2013, to EUR5.7 billion versus EUR9.6 billion in the previous year, mainly due to the export recovery. more

01.13.2014

The volume of foreign currency transactions on the Romanian market slid by 7% last year, to EUR388 billion, amid reduced foreign investments and weak appetite for leu-denominated assets. more

01.09.2014

Romania’s trade deficit narrowed to EUR5.2 billion in the first eleven months of 2013, as exports rose faster than imports, official data showed Thursday. more

12.10.2013

Romania’s trade deficit narrowed in October as exports rose for the second straight month, hitting a record high of EUR4.7 billion, official data showed Tuesday. more