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Romania’s Gross Domestic Product narrowed 2.6% in the first quarter on an annual basis, according to data from the National Institute of Statistics.
Retail trade turnover dropped 5.2% from the same period of 2009, weighed down by food and non-food sales decline, data from the National Institute of Statistics show.
The financial crisis should not determine the delaying or softening of the regulations regarding energy market development, and the regulatory framework should provide incentives and ensure that...
The Government’s austerity package that includes 25% public wage cut has generated a 40% decline in beer sales, said Mihai Ghyka, chief executive of Bergenbier, one of the largest brewers in...
The National Bank of Romania set a reference rate of 4.1864 lei/euro, up 0.07% from yesterday.
Since social networking sites have changed the way people interact with each other, as most of the times, they are a comfortable option for those who have a problem with speaking in front of groups...
Hewelett Packard, one of world’s largest PC-makers, has unveiled its HP Integrity suite that establishes a simplified, efficient and automated converged server and can reduce a...
Rompetrol Group paid $8 billion to the state budget since 2000 to date, of which $3.5 billion were paid in 2007, when the majority stake in the oil company was acquired by state-run KazMunaiGaz...
Mariana Gheorghe, the chief executive of Romania’s largest company said the country’s development strategy for the next ten years should be based on the relation between the three...
Stocks at the Bucharest Stock Exchange posted hefty gains today, led by the financial investment companies, while BET index broke through the 5,000-point barrier.