29 oct. • Business Fitch forecast: Romania's economy will shrink by 7.5% this year, but increase by 2% in 2010 Romania’s economy will contract by 7.5% in 2009, according to Fitch Ratings. This is a more optimist version of the IMF estimate, which sees Romania’s economy shrinking by 8-8.5%. The financial evaluation agency sees Romania’s… Share
29 oct. • Business Orange in Romania: The number of clients went up 4.8%, but incomes dropped 23% in the 3rd quarter Share
27 oct. • Business BNR chief economist: Romanian banks kill the hen that could bring them golden eggs Share
27 oct. • Business Deutsche Bank will join the Romanian market in 2010, focusing on corporate clients Share
27 oct. • Business ING: The political crisis increases the risks for Romania’s economy to continue shrinking in the final quarter Share
26 oct. • Business Romania's budgetary deficit increased to 5.1% of GDP after the first nine months within the IMF threshold Share
26 oct. • Business Romania's National Central Bank injected 9.78 billion lei in the banking market on Monday at 8% interest rate/year Share
26 oct. • Business Romania's Economy ministry loses trial with Greenpeace and is compelled to publish the shortlist with locations considered for the construction of the new nuclear plant Share
21 oct. • Business Pieter Wessel, Deloitte: "If the VAT is increased, the economy suffers. Prices go up and suffocate the inner demand even further" Share
19 oct. • Business The Romanian advertising market will drop by 35-38% in 2009 against 2008 – Initiative Media Share
14 oct. • Business 2010 budget delayed, investments postponed and risks to loose IMF instalments: the political crisis through the lens of unions Share
13 oct. • Business Romanian banking sources: pressure expected on exchange rate following fall of Boc Government Share
12 oct. • Business Competition Council approves 220 million euro state scheme to support crisis-hit firms Share
9 oct. • Business IMF about Romania: we see high political risks that can threaten structural reforms Share
8 oct. • Business Government says in letter of intention to IMF it would freeze salaries for state employees in 2010 Share
7 oct. • Business Government approves subsidies of 424 million euro for farmers and 173 million euro for heating assistance Share
7 oct. • Business Presidential aide: One point VAT increase would bring 500 million euro to the budget Share
6 oct. • Business Romania officials raise prospect of increasing VAT in 2010. Business people react Share
5 oct. • Business President Traian Basescu: we scheduling an acceptable exchange rate below 5lei/euro but above 4 lei/euro Share
2 oct. • Business Collapse of Romania's governing coalition does not impact country ratings immediately Share
1 oct. • Business Romanian Exporters' chief: "We're due for export negotiations. This crisis will make it difficult for us!" Share
1 oct. • Black Sea Energy & Economic Forum 2009 "The challenge is using coal ecologically. A bottle of water costs more than a bottle of petrol" – Schlumberger Share
30 sept. • Business Romanian President Traian Basescu: the government might offer state guarantees for RAFO Onesti and Mangalia construction site Share
30 sept. • Business Romania's leu depreciated to the euro after six consecutive sessions of appreciation Share
29 sept. • Business Romania's Central Bank reduced its key interest to 8% to stimulate the economy Share
25 sept. • Business CNP: Romania's economy will shrink by 7.7% this year, but will recover to positive figures in 2010 Share
24 sept. • Business The Romanian Ron appreciated on Thursday to its lowest level in the last six weeks Share
24 sept. • Business Romanian businessmen are most pessimistic in the region on the financial perspectives of their own companies Share
23 sept. • Business Peugeot Romanian importer: We're compelled to sell cars under production prices to reduce stocks Share
23 sept. • Business Romanian Central Bank official: Romania's economic growth will be 8 to 12 months behind powerful countries Share
22 sept. • Business Romania's public debt increased by 26.5% in the first seven months to 138.83 billion lei Share
21 sept. • Business Romania's agriculture failed to reach the 2004 production volume in the last five years Share
17 sept. • Business Foreign Investors Council: Ukraine and Russia – Romania's competition. ARIS: investment projects worth of 8.7 billion euros in standby Share
16 sept. • Business Finance minister Gheorghe Pogea: budgetary deficit registered 4.4% of GDP after the first eight months Share
14 sept. • Business Romania recorded the lowest industrial production drop rate from the EU in July Share
11 sept. • Business Romania's current account deficit shrank by 73.8% in the first seven months, to 2.71 billion euros. Foreign investment dropped by 48% Share
10 sept. • Business Metro, Real, Selgros, Billa and Mega Image investigated by the Competition Council for a possible cartel agreement Share
9 sept. • Business Romanian Foreign minister in China: The Chinese are interested to invest in Romania's infrastructure, tourism and constructions, to enter the banking market and join projects in the Black Sea Share
8 sept. • Business Romania's national currency gained ground on Tuesday to the euro at 4.2382 lei/euro Share
3 sept. • Business Petrom lowers the price for diesel on Thursday by 3 bani/litre, the second time this week Share
3 sept. • Business Belgian group Alinso and Piritex owner to develop an industrial park in South-Central Romania Share
2 sept. • Business Investments in Romania dropped by 16.7% in the first quarter to 27.06 billion lei Share
2 sept. • Business Moody's: Romania will not recover from the recession until 2010, but long term perspectives are positive Share
1 sept. • Business PepsiAmericas inaugurated the plant near Bucharest after an 85 million dollars investment Share
31 aug. • Business Government to approve budgetary modifications / Romania's GDP to drop by 8-8.5% Share
27 aug. • Business Rompetrol Group prepares takeover offer for shares held in Rompetrol Rafinare and Rompetrol Well Services Share
26 aug. • Business The new Toyota generation, Toyota Prius, will arrive in Romania in September, costing 25.000 euros Share
26 aug. • Business IFC could lend Transilvania Bank 50 million euros to finance the medical sector Share
25 aug. • Business The final draft of the unique salary scheme law is still unknown / Negotiations with the government continue Share
25 aug. • Business Nongovernmental credits dropped by 0.1% in July / The annual growth rhythm slowed to 10.8% Share
24 aug. • Business Colliers International: Only 515 new flats were sold in Bucharest in the first 2009 semester Share
21 aug. • Business Romanian PM Boc: Government to take responsibility for a bill on reinvested profit Share
21 aug. • Business Romanian Commercial Bank forecasts 8% contraction of Romanian economy this year Share
21 aug. • Business Trade union leader: Starting next year, low salaries will rise and high salaries will be capped Share
21 aug. • Business National Statistics Institute launches 5 mln euro tender for statistical data processing website Share
20 aug. • Business Mobile telephony operators in 2008: ZAPP, RCS&RDS and Cosmote running on losses / Orange and Vodafone see 745 million euros worth of joint profit Share
19 aug. • Business Romanian media mogul Sorin Ovidiu Vantu: I no longer have faith in general interest newspapers Share
18 aug. • IT sector and stationery record the biggest decreases GFK: Romanian long-term use goods market dropped 40% in the first 2009 semester Share
17 aug. • Business Romania ranked 6 in top commercial deficit in the EU, after the first five monehts of 2009 Share