09 November 2010

*Foreign investments stopped at EUR 50 billion in 2009. Here come only the peanuts – in Ziarul Financiar
*Industrial production shows signs of fatigue. Constructions stay in the negative zone – in Ziarul Financiar
*The restructuring lie: best paid state employees earn over EUR 1,200 a month – in Ziarul Financiar
*Cable companies' businesses dropped to EUR 623 million last year – in Ziarul Financiar
*Romania exports EUR 340 million of wheat – in Ziarul Financiar
*Only 3 percent of CEOs see the end of crisis happening this year – in Gandul

08 November 2010

Intel will invest several millions of euros into a software development center which will be located in Romania and which will initially hire a staff of 25, mainly focusing on the development of the MeeGo open-source platform. Intel Romania Software Development Center will initially work on the MeeGo platform, a joint project of The Linux Foundation, supported by Intel and Nokia.

08 November 2010

Romanian overdue payments on loans of at least RON 20,000 (around EUR 4,700) more than doubled to RON 14.6 billion (EUR 3.4 billion) in September compared to the same month last year, according to data from the Romanian Central Bank (BNR). Compared with August, overdue loan payments grew by 7.7 percent in September, data shows.

08 November 2010

Romania's construction output fell 15.1 percent in September compared to the same month a year earlier, with decreases in all sectors, according to the National Institute for Statistics. Residential building works fell 35.9 percent on the year in September, while civil engineering works and non-residential constructions were down 12.7 percent and 0.3 percent respectively.

08 November 2010

Two thirds of business leaders in Romania do not expect a significant economic recovery in 2011, while one third believe there are no clear prospects regarding the end of the crisis at all, found a recent AT Kearney survey. While the crisis has a clear impact on all industries, only 10 percent of the CEOs interviewed see a low effect of the crisis on their own industry compared to the other ones, according to AT Kearney.

08 November 2010

Hewlett-Packard (HP) has chosen Romania to open its first mono-brand store in Europe. The HP Brand Store was opened in Plaza Romania shopping center in Bucharest and will be operated by Altex Romania.

08 November 2010

*Head of GTC: people come to the mall but don't buy anything. If we don't do something to make them buy, the market will crash – in Ziarul Financiar
*Romanian architect Dorin Stefan will design a 300-meter tower in Taiwan – in Ziarul Financiar
*Only 10,000 farmers in Romania are under 30 – in Ziarul Financiar
*Highway construction will have a new standard price per kilometer: EUR 5-6 million – in Ziarul Financiar
*Romania during the communist period had twice as much foreign tourists than it has today – in Gandul
*Isarescu – VAT will not be changed for a couple of years – in Adevarul

09 November 2010

*Foreign investments stopped at EUR 50 billion in 2009. Here come only the peanuts – in Ziarul Financiar
*Industrial production shows signs of fatigue. Constructions stay in the negative zone – in Ziarul Financiar
*The restructuring lie: best paid state employees earn over EUR 1,200 a month – in Ziarul Financiar
*Cable companies' businesses dropped to EUR 623 million last year – in Ziarul Financiar
*Romania exports EUR 340 million of wheat – in Ziarul Financiar
*Only 3 percent of CEOs see the end of crisis happening this year – in Gandul

08 November 2010

Intel will invest several millions of euros into a software development center which will be located in Romania and which will initially hire a staff of 25, mainly focusing on the development of the MeeGo open-source platform. Intel Romania Software Development Center will initially work on the MeeGo platform, a joint project of The Linux Foundation, supported by Intel and Nokia.

08 November 2010

Romanian overdue payments on loans of at least RON 20,000 (around EUR 4,700) more than doubled to RON 14.6 billion (EUR 3.4 billion) in September compared to the same month last year, according to data from the Romanian Central Bank (BNR). Compared with August, overdue loan payments grew by 7.7 percent in September, data shows.

08 November 2010

Romania's construction output fell 15.1 percent in September compared to the same month a year earlier, with decreases in all sectors, according to the National Institute for Statistics. Residential building works fell 35.9 percent on the year in September, while civil engineering works and non-residential constructions were down 12.7 percent and 0.3 percent respectively.

08 November 2010

Two thirds of business leaders in Romania do not expect a significant economic recovery in 2011, while one third believe there are no clear prospects regarding the end of the crisis at all, found a recent AT Kearney survey. While the crisis has a clear impact on all industries, only 10 percent of the CEOs interviewed see a low effect of the crisis on their own industry compared to the other ones, according to AT Kearney.

08 November 2010

Hewlett-Packard (HP) has chosen Romania to open its first mono-brand store in Europe. The HP Brand Store was opened in Plaza Romania shopping center in Bucharest and will be operated by Altex Romania.

08 November 2010

*Head of GTC: people come to the mall but don't buy anything. If we don't do something to make them buy, the market will crash – in Ziarul Financiar
*Romanian architect Dorin Stefan will design a 300-meter tower in Taiwan – in Ziarul Financiar
*Only 10,000 farmers in Romania are under 30 – in Ziarul Financiar
*Highway construction will have a new standard price per kilometer: EUR 5-6 million – in Ziarul Financiar
*Romania during the communist period had twice as much foreign tourists than it has today – in Gandul
*Isarescu – VAT will not be changed for a couple of years – in Adevarul

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