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Tag Archives: transportation

Transelectrica, falling net profit by 31pc in H1

Transelectrica registered in the first semester a net profit of RON 98 million, down by 31% against the similar period in 2016, a report sent to the Bucharest Stock Exchange (BVB) reads. “The net profit has decreased by approx. 30.62% ...

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Net investments in the national economy down by 3.3pc in 2016

Net investment completed in the national economy last year totalled RON 70.281 billion, down by 3.3% as compared to 2015, according to data released on Wednesday by the National Statistics Institute (INS). In Q4 2016, the net investments in the ...

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4.8pc economic growth in 2016. Estimated GDP reached RON 759.228bn. Eurostat confirms highest annual growth in the EU in Q4

The Gross Domestic Product grew by 4.8% in 2016 against 2015, with major contributions from wholesale and retail trade, repair of motor vehicles and motorcycles, transportation and storage, hotels and restaurants, according to provisional data released on Tuesday by the ...

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Transporters call on President Klaus Iohannis to discuss with President François Hollande the Macron Law. Fresh protests against RCA

National Union of Road Transporters in Romania (UNTRR) asks President Klaus Iohannis to include on the agenda of talks with French President François Hollande, the cancelling of the application of the Macron Law to the Romanian companies which conduct international ...

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5.2 pc GDP growth in H1, household consumption up by 10 pc, investments up by 8.7 pc

The Gross Domestic Product (GDP) increased by 5.2% in H1 (gross series) against the similar period in 2015, according to the National Statistics Institute (INS) information released on Tuesday. Consumption had a contribution of 80.6% in forming the GDP. “The ...

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Number of insolvent companies in H1, down by 25 pc against H1 2015

The number of companies becaming insolvent in the first half of this year is lower by 25% against the same period last year, i.e. 4,291 and for the full year it is estimated at 7,800 companies, the lowest level in ...

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Hungarian PM accuses Romania, Croatia of blocking gas transport

Hungarian Prime Minister Viktor Orban said on Tuesday that Hungary “is blocked by Romania and Croatia” regarding the gas transportation, pointing out that the two countries have not concluded the networks’ interconnectors. “We need to work to get the gas ...

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‘Uber’ to be launched officially in Bucharest

Uber, a controversial application for smartphone that connects in real time the passengers and the drivers willing to provide transportation services for a fee, is to be launched in Romania as uberX Romania, Bucharest being the first city to benefit ...

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