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Immofinanz increases its revenues from rents in Romania

The revenues from rents registered by Immofinanz in Romania have increased to EUR 12.6 million in the first quarter of the fiscal year 2013/2014, compared to EUR 11.9 million registered in the same period of last year.

What tells us the top of companies in the 42 districts of Romania

Less than a quarter of the node companies (insuring 80% of the turnover for each range of activity) from the 42 districts of Romania have a relatively high micro-economical level of development, show the results of the first territorial review of the Romanian economy.

Pavăl brothers take Dedeman in a town with only 18,000 inhabitants

DIY company Dedeman, owned by businessmen Adrian and Dragoş Pavăl from Bacău, invested EUR 7.5 million for the opening on Friday, 27th of September, of a store in Comăneşti, Bacău district, a town with a population of 18,300 inhabitants, according to last census from 2011.

Total number of active companies, highest level registered since 2009

The total number of active companies in Romania has exceeded for the first time 714,000 at the end of August, with 2.7% growth compared to 2012, shows the data get by ZF from the Trade Registry.

EY: Romania to register 1.9 pc economic growth this year

Romania will register a 1.9 percent of the GDP economic growth and an advance speed up to 2.2 percent in 2014, as the foreign conditions, mainly the state of the economies in the Eurozone start improving, shows EY’s autumn report – Eurozone Forecast.

Ford stops car production in Romania for one week

US car maker Ford stopped on Friday production at its plant in Craiova for one week, citing poor sales in Europe, reports Agerpres newswire.

Government to build a new motorway Braşov-Sibiu

The Motorway Company will order a feasibility study for a motorway Braşov-Sibiu, although the current segment in 4th Pan-European corridor Sibiu-Piteşti, theoretically still stands. The new motorway will be built with EU funds too.

Romania to apply modernized EU customs legislation starting November

Following the approval of modernized Community customs legislation by the European Parliament, Romanian companies involved in international trade will have to prepare for the new provisions, some of which are set to be enforced starting November.

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