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President promulgates `Business angels` law

The decree for the promulgation of the law on the stimulation of individual investors – business angels – was promulgated on Thursday by president Klaus Iohannis, reports Agerpres.

Company managers optimistic on growth

According to a survey conducted by the National Statistics Institute (INS), the managers of Romanian companies estimate that all economic sectors – processing industry, constructions, trade and services – will register growth in May-July 2015.

Romania revises up economic growth expectation

Romania’s National Prognosis Commission (CNP) has revised up its prognosis on Romania’s economic growth in 2015 to 3.3%. It also changed its prognosis for 2016 to 3.4%.

World Bank: Romania’s GDP growth to exceed 2.4% in 2015

All EU member states will record economic growth this year, but Romania and Poland will outrun other European economies in the next two years, according to the World Bank.

Liviu Tudor to expand West Gate and Novo Park

The investment in these projects will be of minimum EUR 20 million.

Retailer Profi opens its 300th store in Romania

Retailer Profi opened in Timisoara, western Romania, its 300th store. It plans to double its network by the end of the next year, according to Profi.

Number of residential building permits slightly up in Romania

The Romanian state issued 3,355 building permits for residential houses in April, up 3.1% over March. The number went down by 0.5% year-on-year, according to the National Institute of Statistics.

Financial Control Authority is looking for new headquarters

The Financial Control Authority (FCA) started to analyze the possibility of relocation, more modern and more adapted to current demands.

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