trade

Germany, France and Italy were on the first three positions in the top of countries that controlled, in 2017, business sub-groups in Romania, and out of the total number of multinationals controlled from abroad 13,195 were controlled by…

Romania has ranked 8th on production of passenger cars in the European Union, outranking Poland and Hungary. However, our country is far below Slovakia and Czechia, reads the ACEA's  full-year 2018 Economic and Market Report with the latest…

Net investments in the national economy amounted to RON 21.055 billion in Q3 2018, down by 1.5% as compared to the similar period in 2017, given the drop in new construction works by 14.3%, the National Statistics Institute (INS) informs on…

American Ambassador in Bucharest, Hans Klemm, has stated at the Independence Day reception on Friday that the United States will seek to further broaden, strengthen and deepen the U.S.-Romania Strategic Partnership. "We will continue to…

Organized crime prosecutors are conducting searches at the Schweighofer Holzindustrie factories in Radauti and Sebes in a file related to the illegal timber trade, with the financial loss being estimated at EUR 25 million. Searches are…

The shift of social security and health contributions from employer to employee has increased the gross wages for almost 80% of the employees, the rest receiving lower wages, a survey conducted by undelucram.ro informs. After the…

The economy continues to grow, but the imbalances are sharpening. Romanian managers are moderately optimistic as concerns grow on the real economic evolution this year. The inflation, the depreciation of the local currency and the…

The National Statistics Institute (INS) has issued a release on Tuesday reading that the high economic growth was driven by the increased household consumption by 9.7%, which led to 6.1% GDP increase, but also by investments (up by 3.8%),…

For a long time now, Romania and South-Africa have been strengthening and expanding their business liaisons, based on a wide range of interesting business opportunities, especially in the areas of: agriculture, machinery, mining, real…

The net investments in the national economy fell by 3.1% in the first quarter this year compared to the same period in 2016, to RON 12.83 billion, the National Statistics Institute (INS) informed on Wednesday. The decline in investments…