Business

18 mart. •

Gheorghe Ialomitianu, Finance Minister: we cannot afford to cut VAT in 2011 and 2012; talks about it are purely political. IMF talks target the decrease of some contributions only

There are political talks regarding a VAT decrease but talks with the IMF target the decrease in the level of social contributions paid by employees, but not of the VAT, Romania’s Finance minister Gheorghe Ialomitianu…

17 mart. •

Cosmina Noaghea will take over a CME management position and Orlando Nicoara will replace her at Mediafax Group

17 mart. •

ZEW: Romania’s economic perspectives for the next six months improved

14 mart. •

Romania’s commercial deficit decreased by 60% in the first month of 2011 to 186.2 million euro

10 mart. •

Deputy head of Romania governing party says coalition considers reduction of 16% flat tax, warns about energy security

9 mart. •

German group TUI displeased with Romanian seaside prices and services

9 mart. •

Telecom operator Romtelecom launches new TV platform: films, shows and sports content can be accessed on the Internet

8 mart. •

Romanian PM Emil Boc: Rising fuel prices are bad effect of cession of Romania's oil reserves

7 mart. •

Report: No inquiry on abuse of dominant position finalized by Romania Competition Council

7 mart. •

Yahoo! launches Romanian language version

7 mart. •

Tnuva closes Romanian farm on financial consideration

4 mart. •

Investments in Romanian energy projects postponed or abandoned

4 mart. •

Negotiations between BCR management and employees fail

4 mart. •

Vodafone head Vittorio Colao in talks with Romanian PM Emil Boc

3 mart. •

Romania economy down 1.3% in 2010, according to revised data

3 mart. •

Cosmote is first Romanian operator to report number of iPhones it sold in Romania

3 mart. •

Lukoil plans to build solar and wind energy parks in Bulgaria and Romania

3 mart. •

Report: Whole structure of Romanian Finance Ministry must be reconsidered

2 mart. •

Bloomberg: Rompetrol group willing to get loan to cover debt to Romania

1 mart. •

Analysts' perception on Romania economy prospects improves

1 mart. •

Competition Council analyzes Boom TV takeover by Romtelecom

1 mart. •

Dacia to stop production of Logan VAN but will build new utility car in Morocco starting early 2012

28 feb. •

PM Boc says new Labor Code will help Romanians find work more easily

28 feb. •

Romtelecom in 8 mln euro deal to take over Boom TV subscribers

28 feb. •

EFG Eurobank: Romania economy to recover starting second half of 2011

28 feb. •

Volksbank Romania board member leaves bank

25 feb. •

PM Emil Boc: Supermarkets may be forced to reserve 30% of space to Romanian products

25 feb. •

UPC lost over 93,000 clients in Romania in 2010. Rumors of possible sale emerge

25 feb. •

Romania National Bank left without electricity for 20 minutes. "An incident", provider says

24 feb. •

Major Romanian bank BCR employees to protest on Friday

24 feb. •

Government official: Romania to have 1,000 km of highway built in public-private partnerships by 2020, is interested in Gulf investors

24 feb. •

Nine Ford providers produce components in Craiova plant, other four to open factories in industrial plant near SE Romanian city

24 feb. •

Dacia Duster gets three stars only in Euro NCAP safety tests -4Tuning

23 feb. •

Romanian Finance minister: A cut in social contributions for employers currently analyzed

22 feb. •

Economy Ministry: Romania Government to privatize Oltchim next year

Constantin Trihenea, Foto: Hotnews

22 feb. •

INTERVIEW Romania Economy ministry may remain with 51% stake in most important state company Hidroelectrica

21 feb. •

Over 10 Romanian companies to attend the IT fair CeBit Hanovre

18 feb. •

ZEW and Erste survey: Romania’s economic perspectives for the next six months improved

17 feb. •

Rockefeller Group plans to invest over 100 million euro in the real estate market in the region including Romania

16 feb. •

Oxford Economics revises previous estimates and forecasts that Romania’s economy will grow this year

16 feb. •

In 2010, the economy decreased its contraction to 1.2%

14 feb. •

Lotus to open showroom in Romania

11 feb. •

Current account deficit increased by 5% in 2010 to 5.15 billion euro

11 feb. •

Foreign direct investments dropped b 25.5% in 2010 to 2.59 billion euro

4 feb. •

PM Emil Boc invited China to invest in Comarnic – Brasov and Sibiu – Pitesti highways

1 feb. •

Romanian Economy minister: IMF demands liberalization of prices for natural gas and electric energy

31 ian. •

Finance minister Gheorghe Ialomitianu: Romania has enough money for pensions and salaries in 2011 and 2012 / IMF and EC appreciate the good results of our country

27 ian. •

Budgetary deficit of 33.3 billion lei at the end of 2010, below the limit set with the IMF

27 ian. •

Competition Council investigates a possible agreement between Rompetrol Gas and its suppliers

Liviu Ion, Foto: Groupe Renault

27 ian. •

A Romanian to lead the center in charge with the market studies for future Dacia and Renault products

26 ian. •

Innova Capital takes over Provus Services Provider and RomCard

25 ian. •

An IMF/WB/EC delegation arrives in Bucharest for the seventh evaluation mission

24 ian. •

A Ford supplier invests 58 million euro in a car parts factory in Oltenia

20 ian. •

Coface maintains Romania’s rating at B / Cristian Ionescu: Investors need an environment to develop. We behave like desperate people

19 ian. •

Economy ministry plans to obtain in 2011 almost 3 billion lei of privatizations and stock exchange listings

19 ian. •

PM Boc: ministers will answer politically if they will not comply with their objectives on investments

17 ian. •

Greg Konieczny, Proprietatea Fund: Nuclearelectrica and Hidroelectrica giants are ready to be listed

13 ian. •

Foreign direct investments dropped by 25.5% in the first 11 months of 2010

13 ian. •

Romania’s current account deficit increased by 23.5% in the first 11 months of 2010 to 5.17 billion euro

12 ian. •

Romtelecom lays off up to 1400 employees in 2011 in an attempt to cut costs and increase efficiency

12 ian. •

Inflation increased to 7.96% in December

11 ian. •

18 investigations and 31.49 million euro fines implemented by the Competition Council in 2010

10 ian. •

Finance minister requested IMF a higher deficit target in the first two quarters in 2011 for investments

10 ian. •

Dacia sales increased by 12% globally in 2010 to 350,000 units / A tenth were sold in Romania

10 ian. •

Romania’s commercial deficit dropped by 3.54% in the first 11 months of 2010 to 8.63 billion euro / Exports continue to work well

6 ian. •

Proprietatea Fund to be listed on January 25

5 ian. •

Romanian unemployment rate increased to 6.9% in Q3 2010 / 703,000 people were jobless

4 ian. •

Central bank governor: Progress needed in 2011 for Romania to join euro

4 ian. •

CEZ group sold stake in Cernavoda project to Nuclearelectrica – Romanian state plans selling part of its stake

2 dec. •

Ford names a Belgian to lead Craiova

2 dec. •

IT Scop Computers was taken over by the Polish ABC Data company

2 dec. •

Romanian minister: Social spending amount to 69 billion of a total lei of a total of 200 billion. It should be rationalised

30 nov. •

Sofidel purchased 70% of the Romanian company Comceh

26 nov. •

The Romanian state plans to sell its shares held at Romtelecom / A price offer from OTE is expected by the end of the year

23 nov. •

Volkswagen seeks suppliers for electrical car parts in Romania but companies do not rise to quality demands

23 nov. •

UPDATE Seven companies fined with 980,000 euro by the Competition Council / Sind Romania belongs to the biggest unions

22 nov. •

Central Bank counselor Lucian Croitoru: the economy will register a credible economic growth in QII 2011

19 nov. •

Shareholders in Romania energy companies decided: conglomerates Electra and Hidroenergetica to be established

16 nov. •

Romania registered the highest inflation rate in the EU in October, of 7.9%

15 nov. •

The total volume of Chinese investments in Romania amount to 385 million dollars in September

12 nov. •

Eurostat: a 0.4% economic increase in the third trimester in the euro zone / Romania, a 0.7% drop

12 nov. •

The current account of the balance of payments sees a deficit of 4.2 billion euro

11 nov. •

Finance minister says Romanian salaries to rise in 2011

11 nov. •

Romania minister: Constructions market to relaunch next year

11 nov. •

President Traian Basescu optimistic about Romanian economy "growth" in 2011

10 nov. •

The Romanian Digest

European Court Slams Romanian Restitution Procedures

10 nov. •

The annual inflation rate increased to 7.88% / In October prices increased by 0.55%

9 nov. •

Romania's commercial deficit dropped by 3.45% in the first nine months to 6.89 billion euro. Exports continue to increase faster than imports

8 nov. •

FDI: what are the economic segments and preferred geographical areas?

Stefan Vuza, Foto: SCR Grup

22 oct. •

Chinese holding Avic International to invest 350 million euro at Somes Dej

21 oct. •

Dacia Sandero facelift available starting 2012 or 2013

20 oct. •

Ronald Binkofski the new general director for Microsoft Romania

19 oct. •

TOP 300 Capital declares Ion Tiriac the richest man in Romania followed by businessmen Dinu Patriciu and Ioan Niculae

15 oct. •

2011 budget: the government to cut by half local level finances

15 oct. •

Finance ministry Gheorghe Ialomitianu: bonuses will be offered on performance and competence criteria

14 oct. •

Advertising agencies Scala JWT and Cohn&Jansen merge

13 oct. •

Foreign direct investments dropped by 35.9% in the first 8 months

13 oct. •

Romania's current account deficit continued to increase to 4.07 billion euro after 8 months

Business Report, Foto: Colaj foto

12 oct. •

Business Report: Taierea de 25%, fentata cu cresteri de pana la 70%; De ce se scumpeste mancarea; Cum scot profituri grase "baietii flamanzi"; Un Ferrari 599 GTO a fost inmatriculat in Romania.

11 oct. •

Annual inflation rate increased to 7.7%

8 oct. •

Analysts estimate an annual inflation rate of 7.6% in September

7 oct. •

Romania's representative to the IMF: the President's decision to send the law on pensions back to the Parliament does not affect the IMF agreement

7 oct. •

The IMF mission returns to Romania on October 20

6 oct. •

Unemployment rate dropped steadily in September to 7.35%

6 oct. •

UPDATE: Senate's budget committee approves the decrease of the tax on revenues from 16% to 10% / Finance minister Ialomitianu rejects the measure

4 oct. •

Bucharest is last but one in top best cities for business in Europe

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