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BUSINESS

Germany’s Kärcher chose Curtea de Arges to open vacuum cleaner factory. The investment exceeds EUR 20 M

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Germany’s Kärcher, the worldwide manufacturer for cleaning equipment, will start the construction of a factory in Curtea de Arges, near Pitesti city, and thus extending the production capacity in Europe. According to agerpres.ro, the production unit, whose opening is planned ...

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EC mission to Bucharest begins on Tuesday, IMF delegation to arrive in July

EC

A mission of the European Commission will begin on Tuesday an evaluation of the Romanian economy. Its outcome is vital for the International Monetary Fund mission on July 15, Finance Minister Eugen Teodorovici told Agerpres on Monday. Romania’s current agreement ...

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Two gold medals for Jidvei at Concours Mondial du Sauvignon 2015

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Jidvei, the largest white wine producer in Romania, won two gold medals at the most prestigious worldwide competition dedicated to wines made from Sauvignon Blanc variety – Concours Mondial du Sauvignon. According to a press release, the awarded wines are ...

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RON falls to lowest level in five months against EUR

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The national currency has fallen on Monday to the lowest level against EUR recorded in the last five months, the National Bank announcing an exchange rate of RON 4.4799 for one EUR, by 1.03 bani lower than the former exchange ...

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EC provides Romania over EUR 9.40 bn for large infrastructure projects

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Romanian authorities and European Commission (EC) officials have concluded negotiations on the Large Infrastructure Operational Programme – transport components, environment and energy, so that the document will be officially sent to Brussels on Monday, according to Marius Nica, Minister of ...

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12 times lower deficit after the first four months of the year – EUR 27 M

commercial deficit

In January – April 2015, the balance-of-payments current account posted a deficit of  EUR 27 million, compared with EUR 326 million in the same year-ago period, amid the widening of the secondary income surplus (by EUR 456 million) and the ...

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Romania’ strengths to investors – among the least expensive European countries for employers, Deloitte survey shows

employers

When it comes to dismissing employees due to objective reasons reorganizations), Romania remains attractive for investors as the country ranks as the least expensive for employers, the third edition of the International Dismissal Survey by the Deloitte Legal network, represented ...

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Drought in almost all the country in 2015

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The National Meteorological Administration data for 2015 indicate the installing of pedological droughts in Moldova and Banat, in most of Dobrogea, Crisana and Transylvania and South-Eastern Oltenia, announced on Monday the Minister of Environment, Water and Forests Gra?iela Gavrilescu at ...

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