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GDP increase

Eurostat: Romania recorded in 2017 the highest growth rate in EU, ranked 16th by nominal GDP

Country Investment Reviews March 07, 2018 12:51 0 comments

Romania's economy recorded last year the fastest growth rate in the 28 European Union member states, reaching a nine-year high of 7 percent, and gained one place, outpacing Greece, to rank 16th by Gross Domestic…more »

Romania’s GDP rose 7 pct in 2017 to EUR 187 billion, outpacing Greece for the first time in decades, official data confirm

Country Investment Reviews March 07, 2018 10:06 0 comments

Romania's Gross Domestic Product (GDP), the index widely used to measure the size of national economies, recorded a growth of 7 pct in 2017 in real terms, to RON 856.35 billion (EUR 187.5 billion), according…more »

Paval brothers and Dan Sucu among founders of ROCA platform aiming to help Romanian distressed firms

Finance March 06, 2018 13:47 0 comments

The founders of DIY chain Dedeman, Paval brothers, and the owner of Mobexpert, Dan Sucu, are among the founders of a new investment and management platform that aims to support financially distressed Romanian companies. Aside…more »

Romania’s regions: The rich get richer and the poor stay poor, Eurostat data show

News March 05, 2018 12:52 0 comments BR Exclusive

The latest official data regarding European Union's regions show EU accession process had a particular effect on Romania's eight regions: the rich areas, especially the Capital city region and the Western provinces, advanced rapidly and…more »

Romania’s A2 highway linking Bucharest to Constanta remains closed due to bad weather – See the traffic restrictions

Auto March 01, 2018 10:12 0 comments

Romania’s road infrastructure company CNAIR said that the highways A2 Bucharest-Constanta and A4 Ovidiu-Agigea remained closed on Thursday evening due to the bad weather. The weather agency ANM has updated its warning for cold weather…more »

romania national bank

Romanians consolidate creditor position to local banks

Banking February 26, 2018 12:00 0 comments

Romanian households and companies consolidate their position of net creditor to local banking system, outstanding deposits with commercial banks exceeding by 30 percent the volume of loans, central bank data shows. In January, deposits of…more »

Brussels: DHL Express officially opens its new Brussels Hub 

News February 22, 2018 11:58 0 comments BR Exclusive

DHL Express, the worldwide leader in logistics and express delivery, today opened its new regional hub at Brussels Airport, following an investment of over EUR 140 million, including lease expenses, and has already created 200…more »

Romania’s PM courts the Chinese for transport and energy investments

News February 14, 2018 15:10 0 comments

PM Viorica Dancila and the Chinese ambassador in Romania, Xu Feihong, stated that the two countries should seek to increase the political dialogue and the economic cooperation, according to a government statement following the meeting…more »

BAT’s Ploiesti plant could be candidate for new Glo production

News January 17, 2018 15:13 0 comments

Romania is the first EU market where British American Tobacco (BAT) launched its next generation product called Glo in December and the company might consider its plant in Ploiesti for the production of this new…more »

shinzo abe

Shinzo Abe, first Japanese PM to visit Romania

News January 16, 2018 09:11 0 comments

PM Shinzo Abe will meet with president Klaus Iohannis on Tuesday, in a first visit undertaken by a Japanese head of government in Romania. According to the Presidential Administration, Abe will have close talks with…more »