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Tag Archives: trade

U.S. Ambassador at Independence Day reception: We’ll seek to further deepen the Strategic Partnership with Romania

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 point to Romania as a model ...

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Update: Searches at Schweighofer Holzindustrie HQs in an illegal timber business file. Financial loss around EUR 25 M

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 also conducted at Park Departments ...

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20pc of employees have received lower wages due to the fiscal revolution, survey says

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 centralisation of results, the ...

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KeysFin Business Barometer: 2018, a year of uncertainty

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 uncertainties related to the fiscal ...

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Romania – a gateway to European investments for the South-African market

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 estate, IT, retail manufacturing, automotive, energy ...

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Net investments in national economy, down by 3.1pc in Q1

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 in ...

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Business growth in all sectors expected by July

Romanian business executives expect a sustained business growth in all sectors by July, according to a survey released by the National Institute of Statistics (INS). The biggest advance would be in beverage production, followed by construction and trade, where managers ...

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