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Articles - mediul de afaceri

Inovativ Logistic is building a Business Center near Oradea

It will be built next to the Expressway that connects the Oradea Belt to the Transilvania Highway, near the new intermodal terminal in Episcopia Bihor. The business center is thought of as a logistics center that complements the hubs and spaces where Inovativ Logistic and its clients operate today.

Larger companies threatened by insolvency in Romania

A study by CITR shows that over 50 percent of companies of impact in the Romanian economy (having assets exceeding EUR 1 million) are in difficulty. Although the number of insolvency cases has declined in the past three years, over 50 percent of companies falling into insolvency reported a double loss and an increase in indebtedness in 2015 over 2014.

S&P affirms Romania at 'BBB minus', with stable outlook

Standard & Poor’s Ratings Services on April 8 affirmed its ‘BBB-/A-3′ long- and short-term foreign and local currency sovereign credit ratings on Romania, with a stable outlook, the rating agency said in a statement.

Hourly labor cost in Romania, five times lower than in the EU

The hourly labor cost in Romania, excluding agriculture and public administration, reached EUR 5 per hour in 2015.

Almost 9 in 10 top CEOs are happy with business in Romania despite poorly rated administration

Some 88% of the 200 business leaders questioned in an AmCham Romania survey have declared that their investments in Romania were meeting or surpassing expectations, despite the poor perception they had about the public administration.

71 pct of business people in Brasov expect 10 pct increase in turnover this year

Business people in Brasov and neighboring counties have more positive predictions on Romania’s economy than the national average, with 69 percent respondents in Brasov and surroundings being confident, as compared to a national median of 61 percent.

Dacia CEO: Romania needs an economic growth of 7% to matter

Romania’s economic growth of 3.4% estimated by the International Monetary Fund in 2015 is not big enough to truly matter, said Nicolas Maure, president of the local car producer Automobile Dacia, which is part of French group Renault.

Romania, lowest natural gas prices in the EU at the end of last year

In the second half of 2014 Romania had the lowest price of natural gas for household consumers (EUR 3.2 per 100 kWh), less than half the average price in the EU-28 (EUR 7.2 per 100 kWh), according to the data published by the European Statistics Office (Eurostat) on Wednesday.

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