Romanian prime minister Marcel Ciolacu announced during the first government meeting this year that over 200 kilometers...
*Raiffeisen sells EUR 30 million of retail loans every month, same as in 2009 – in Ziarul Financiar
*120 Romanians pay between EUR 30,000 and EUR 50,000 a year to send their children to foreign private highschools – in Ziarul Financiar
*Exports reach peak in October, at EUR 3.52 billion – in Ziarul Financiar
*Tiriac invests EUR 14 million in expanding the auto network – in Ziarul Financiar
British retailer Tesco is close to making an acquisition and thus entering the Romanian market, according to Romanian media. The British retailer is currently negotiating to take over hypermarket operator Real Hypermarket Romania, according to Ziarul Financiar.
Austrian crystal producer Swarovski has taken into account producing in Romania, at Cluj, according to Romanian newspaper Adevarul, quoting market sources.
*Gold sparkles for Romanians, with 40 percent yields a year – in Ziarul Financiar
*150 MPs stay in Centre Ville apartments, where prices start at EUR 2,200 a month – in Ziarul Financiar
*Low-cost flights to move from Baneasa – in Ziarul Financiar
*Carrefour enters Botosani, a city avoided by large retailers – in Ziarul Financiar
French retailer Carrefour will open two new hypermarkets in 2011, one in Bucharest, within the Colosseum shopping center in North West of the city and one in Botosani. For this year, three more supermarket openings are expected for Carrefour.
Romanian employers will file a single declaration for the income tax and for the social security contributions (CAS) of their employees from 2011, prime minister Emil Boc said on Wednesday. This will replace the existing five declarations.
*Ten ministers have EUR 4 billion for investments in 2011. What will they spend it on? - in Ziarul Financiar
*New Vodafone executive director: we will invest EUR 500 million in the next five years - in Ziarul Financiar
*Volksbank, the sixth bank on the local market, is up for sale. Will buyers step in? - in Ziarul Financiar
*Google launches Street View in eight Romanian cities - in Ziarul Financiar
The revenues on the telecom segment in Romania continued to drop this year, but to a lower extent than in 2009, according to Catalin Marinescu, president of the National Authority for Management and Regulation in Communications (ANCOM). Last year, the market reached EUR 3.9 billion, down 15 percent on 2008.
Romania's industrial output went up by 10.5 percent in the first ten months of the year compared to the same period of last year, according to data from the Statistics Institute. The mining sector went down by 7.1 percent, while capital goods went up 17.1 percent.
*Raiffeisen sells EUR 30 million of retail loans every month, same as in 2009 – in Ziarul Financiar
*120 Romanians pay between EUR 30,000 and EUR 50,000 a year to send their children to foreign private highschools – in Ziarul Financiar
*Exports reach peak in October, at EUR 3.52 billion – in Ziarul Financiar
*Tiriac invests EUR 14 million in expanding the auto network – in Ziarul Financiar
British retailer Tesco is close to making an acquisition and thus entering the Romanian market, according to Romanian media. The British retailer is currently negotiating to take over hypermarket operator Real Hypermarket Romania, according to Ziarul Financiar.
Austrian crystal producer Swarovski has taken into account producing in Romania, at Cluj, according to Romanian newspaper Adevarul, quoting market sources.
*Gold sparkles for Romanians, with 40 percent yields a year – in Ziarul Financiar
*150 MPs stay in Centre Ville apartments, where prices start at EUR 2,200 a month – in Ziarul Financiar
*Low-cost flights to move from Baneasa – in Ziarul Financiar
*Carrefour enters Botosani, a city avoided by large retailers – in Ziarul Financiar
French retailer Carrefour will open two new hypermarkets in 2011, one in Bucharest, within the Colosseum shopping center in North West of the city and one in Botosani. For this year, three more supermarket openings are expected for Carrefour.
Romanian employers will file a single declaration for the income tax and for the social security contributions (CAS) of their employees from 2011, prime minister Emil Boc said on Wednesday. This will replace the existing five declarations.
*Ten ministers have EUR 4 billion for investments in 2011. What will they spend it on? - in Ziarul Financiar
*New Vodafone executive director: we will invest EUR 500 million in the next five years - in Ziarul Financiar
*Volksbank, the sixth bank on the local market, is up for sale. Will buyers step in? - in Ziarul Financiar
*Google launches Street View in eight Romanian cities - in Ziarul Financiar
The revenues on the telecom segment in Romania continued to drop this year, but to a lower extent than in 2009, according to Catalin Marinescu, president of the National Authority for Management and Regulation in Communications (ANCOM). Last year, the market reached EUR 3.9 billion, down 15 percent on 2008.
Romania's industrial output went up by 10.5 percent in the first ten months of the year compared to the same period of last year, according to data from the Statistics Institute. The mining sector went down by 7.1 percent, while capital goods went up 17.1 percent.