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BUSINESS

BT outlook: GDP growth of 4.3pc in 2017 and of 3.9pc in 2018

GDP

Romania’s GDP will grow by 4.3% in 2017, by 3.9% in 2018 and by 3.2% in 2019 – this is the macro-economic outlook presented by Andrei Radulescu, senior economist with Banca Transilvania (BT) during a colloquy on financial and banking ...

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Ford submits details about EcoSport output at the plant in Craiova. Romania to offer the US carmaker some facilities

Ford

Minister of Labor and Social Justice Lia Olguta Vasilescu met on Friday with a Ford delegation, run by John Oldham, General Manager of US carmaker subsidiary in Romania, focused on the possibility to increase the jobs number at the Ford ...

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Romanian Qualitance, for the 2nd time on Inc. 5000 list of Europe’s fastest-growing companies ranking

Inc 5000

Global software company Qualitance established in 2007 in Romania was included for the second time on Inc. 5000 Europe list due to its revenue increase by 165 percent during 2012 – 2015, a press release informs. Thus, Qualitance ranks #4544 ...

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CFA analysts’ expectations on Romania’s economic situation have strongly worsened in January

CFA

CFA Romania’s Macroeconomic Confidence Index dropped in January by 6.4 points from the previous month at 54.9 points, the minimum level from September 2016, as a press release informs. This comes as a follow of anticipating some conditions significantly weaker ...

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angelo by Vienna House Bucharest hotel, bought in a deal of EUR 180 M

angelo by Vienna House Bucharest

Thailand-based U City Public takes over angelo by Vienna House Bucharest hotel, located near the Henri Coanda International (Otopeni) Airport, a press release informs. angelo Bucharest by Vienna House was sold with shareholdings of Warimpex, the hotel owner managed by ...

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Gov’t approves memorandum requesting state companies to cut down overdue payments by at least 20pc

bani

The government approved during the sitting on Thursday a memorandum containing a series of measures on financial discipline for companies where the state is shareholder. According to the memorandum, state companies should consider in budgeting the revenues and expenses for ...

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Over EUR 8.4 M investment in a balneary and climatic resort in Ocna Mures

ocna mures

Over EUR 8.4 million will be invested in a balneary and climatic resort with health, rehabilitation, beauty and leisure centers in Ocna Mures (Alba County), a city that was Romania’s tourist map for decades for its salted baths, the glorious ...

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