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Articles

Eurostat: GDP per capita in purchasing power standards in 2012

Most Member States had GDP per capita between 70% and 130% of the EU28 average.

Chinese Construction Company to open Offices in Romania

The Chinese construction company China Civil Engineering Construction Corporation (CCECC) intends to open offices in CEE countries.

Endava Rented more than a Half of the United Business Center Tower in Cluj

The IT services company Endava will occupy an area of approx. 5,220 sq. m in United Business Center Tower in Cluj-Napoca, representing six of the total ten floors of the office building situated in the vicinity of Iulius Mall.

2018, reasonable date for introducing euro, says Premier Ponta

Premier Victor Ponta on Thursday mentioned the year 2018 as a possible target for switching to the euro.

Real Estate Deals of the Year

Romania’s market for mergers & acquisitions (M&A) has remained at around EUR 1 billion in 2013, driven by deals in the banking and renewable sector, although big investors have held back and are carefully planning moves for next year, say deal makers.

Analysis: the Romanians work 6 days per month to pay the salary taxes, as much as the Czechs and double than the Ukrainians

The Romanian employees work approximately six days per month only to pay the salary taxes to the state, similarly to the Czechs, one day less than the Hungarians but approximately the double as compared to the Ukrainians, according to an analysis made by the consultancy company Accace.

Largest Office Areas Rented this Year

The total area estimated for office lease transactions in 2013 is 250,000 sq. m, with 10% increase compared to last year’s volume, according to a recent market research of RICS Romania. UpGround and AFI Park attracted the largest office lease transactions by far. Wall-Street.ro made a top of the transactions this year, including new leases and expansions.

Taxation, competition, lack of demand – main problems faced by companies

The high level of taxation, competition and the lack of demand are the main problems faced by companies, according to a survey conducted by the Central Bank (BNR)’s Financial Stability Directorate, the BNR’s chief economist Valentin Lazea told the conference ‘Lessons Learn in Five Years of Crisis,’ yesterday, Agerpres informs.

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