Headlines

Romania’s Chamber of Commerce re-elects president

2017-11-13 05:30:00
The Romanian Chamber of Commerce and Industry CCIR has re-elected Mihai Daraban, head of its Constanta sister organization, as president with a five-year mandate. Daraban has been leading the CCIR since 2014, when the former president Mihail Vlasov was ...

Romania's Jan-Sept current account deficit rises 45 pct y/y

2017-11-13 05:00:00
BUCHAREST, Nov 13 (Reuters) - Romania's current account deficit rose to 4.2 billion euros ($4.89 billion) in the first nine months compared with a shortfall of 2.89 billion euros in the same period of last year, central bank data showed on Monday.

Gum Romania Market 2017 Analysis, Opportunities and Forecast to 2021

2017-11-13 04:12:00
Gum (Confectionery) Market in Romania - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Gum market in Romania. Gum Confectionery includes all bubble and chewing gum (including functional gum and sugar free gum).

EC starts probe into Romania’s still high mobile termination rates

2017-11-13 03:30:00
The European Commission has started an in-depth investigation into Romania’s decision to freeze mobile and fixed termination rates for telecom players. The Commission has published the announcement on its website. It says the Romanian telecom regulator ...

Romania Graft Watchdog Probes Ruling Party Chief

2017-11-13 03:12:00
Romanian Social Democrat chief Liviu Dragnea was grilled by prosecutors on Monday about suspected fraud involving EU funds when he ran a county council. Social Democrat chief Liviu Dragnea. Photo: Partidul Social Democrat/Flikr Romania’s ruling Social ...

Romania's Industrial Production Falls In September

2017-11-13 02:57:00
Romania's industrial production dropped moderately in September on weak manufacturing and mining activities, figures from the National Institute of Statistics showed Monday. Industrial production dropped 0.7 percent in September from August. A 1.5 percent ...

Romania’s Ruling Party Head Faces New Corruption Investigation

2017-11-13 02:15:00
The powerful leader of Romania’s Social Democrats is facing a new anti-corruption probe that could disrupt the ruling party as it pushes ahead with a controversial overhaul of the judiciary. Liviu Dragnea, who already has a two-year suspended prison ...

Consumer prices, up 1.28% in Romania in October versus previous month

2017-11-13 01:30:00
Consumer prices in Romania increased by an average 1.28% in October versus September driven by food and energy, according to data released by the National Statistics Institute (INS). The vegetables’ prices went up by 7.66% month-on-month in October, egg ...

BRIEF-Romania Nuclearelectrica's 9-month net profit jumps 120 pct y/y

2017-11-13 00:58:00
Nov 13 (Reuters) - Romanian state-owned nuclear power producer Nuclearelectrica * Says records a net profit of 225.3 million lei ($56.50 million) in the first nine months, up 120 percent from the same period of last year due to higher sales. * Says EBITDA ...