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Articles - business environment

Statistics keep the economic growth estimate at 1.6% in Q3 and 2.7% at nine months

The National Statistics Institute (INS) keeps the announced estimate in November regarding the evolution of the GDP, according to which the economy grew by 1.6% in Q3 against the previous three months and with 4.1% against July-September 2012, so that at nine months the advance is 2.7% supported by industry and agriculture.

Romania experiences largest economic growth in EU

The INS maintains its prognosis of 1.6 percent economic growth in Q3 and 2.7 percent growth in the nine-month interval.

EU adopts multiannual financial budget 2014-2020

The EU allocation for Romania is approximately EUR 39 billion.

INS: 10 pc drop in economy investments in Q3

Between July and September 2013, overall investments amounted to barely RON 17.82 billion, 10 per cent lower than in the third quarter of 2012, according to data issued by INS (the National Institute of Statistics).

AmCham: US investments in Romania worth USD 20 bln

The total volume of investments made by companies members of the American Chamber of Commerce in Romania – AmCham – reached USD 20bln, more than 200,000 jobs being created, shows an impact study yesterday presented by the representatives of the AmCham, Agerpres reports.

Romania, primary destination for French investors in Europe

Over 100 French companies and 300 Romanian and South-East European companies are expected to attend the “South East Europe – Balkans” regional forum organized by the French Embassy’s UBIFRANCE Economic Mission on February 11-12, 2014.

PM Ponta: 2018 to 2020, a realistic target for joining Eurozone

Romanian Prime Minister Victor Ponta’s face twisted into a wry smile when he was asked in a CNBS interview if he is waiting to see how the Eurozone looks in several years’ time before embracing the common currency.

Romania tops EU economic growth in Q3

The GDP was up 2.7 percent from the similar period of 2012. The increase of the industrial output, exports and the absorption of European funds were the main triggers, Victor Ponta says.

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