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Articles - business environment

Romania has best landline internet access infrastructure in Central and Eastern Europe

Romania has the best landline internet access infrastructure in Central and Eastern Europe, which will allow advanced cloud services, the results of an annual report authored by a relevant company shows.

Romania’s economy accelerates growth in third quarter

Romania’s Gross Domestic Products (GDP) increased by 1.9% in the third quarter of 2014, compared to the previous quarter (Q2), according to data released by the national Statistics Institute (INS) on Friday, November 14.

The IT & C sector, the third-largest contributor to Romania's GDP

The IT & C sector made it to the third-largest contributor to Romania's Gross Domestic Product (GDP) and 1,700 relevant projects received European financing, Minister for the Information Society Razvan Cotovelea told the conference for the presentation of the National Strategy on the 2014-2020 Digital Agenda of Romania.

European Commission slashes 2014 economic growth outlook for Romania to 2 pct

The European Commission performed a massive revision to its forecast on Romania’s economic growth in 2014, reducing it from 2.5 percent (spring estimate) to 2 percent of GDP, writes Mediafax.

One million companies active on Romanian market

The National Trade Registry Office (ONRC) informs that the number of companies that have filed for insolvency in the first nine months of the year has dropped by 17.4 per cent to approximately 16,700, down from over 20,200 in the same period last year.

Romania moves up in World Bank’s Doing Business ranking

Romania ranks 48th among the 189 countries surveyed for the most recent Doing Business report compiled by the World Bank, up from 72nd in 2013.

Deloitte CE Technology Fast 50: Romania third in the region

Romanian technology companies have registered an average turnover growth of 400 per cent in the last five years, with the IT sector being the most covered one, Ahmed Hassan, Deloitte Romania Country Managing Partner, stated on Monday at a special conference.

Romania has best macroeconomic situation in Central Europe

Romania’s macro-economic situation is the best in Central Europe, and our country has met 10 out of 11 convergence EU criteria, on Thursday said the central bank (BNR)’s chief-economist Valentin Lazea, in a business forum.

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