07.05.2011

The flaws of the education system cost Romania several percentage points of its gross domestic product and the economy lacks sufficient professional managers who are really necessary in a time when more

06.20.2011

Tax and audit firm PricewaterhouseCoopers Romania appointed John Webster as new Assurance leader for Romania and South Eastern Europe, effective July 1, the firm said in a statement Monday. more

06.15.2011

The Romanian district heating system needs EUR5 billion investment over the next 10 years in order to increase its efficiency, but local authorities cannot cover this amount, which means private more

05.18.2011

The enactment of adequate transport and logistics policies could add up to EUR25 billion to Romania’s gross domestic product by 2025, as well as create up to 150,000 new jobs, according to experts more

05.03.2011

European companies might seek to invest in conventional energy in Romania, but most transactions in the power market will focus on renewable energy production units, especially after legislation more

04.20.2011

Romania’s new Labor Code will generate new opportunities for fast growing companies and for skilled and resourceful employees, although, on the short run, it will not lead to massive job creation, more

04.18.2011

Romania could become a major trade route, through the Constanta harbor on the Black Sea coast, but first it needs measures such as postponing the payment of value added tax for all importing more

04.14.2011

Romanian non-performing loan market (NPL) rose 67% on the year to EUR5 billion in 2010, the fastest growing pace across 13 European states included in a report from tax and consultancy firm more