Romania woos China again, seeks infrastructure investment
Romanian prime minister Victor Ponta is on a three days visit to China, the second since he came to power in 2012, seeking to lure investors to a market which is in dire need of money, especially in the developing infrastructure sector. The Romanian head ...
Romania Retail Sales Rise; Producer Price Inflation Accelerates
Romania's retail sales growth improved in July on higher food sales, the National Institute of Statistics said Tuesday. At the same time, producer price inflation accelerated in July. Retail sales volume increased 0.4 percent in July from June driven by ...
Piraeus Bank Romania posts EUR 6.4 mln profit for the first half
Piraeus Bank Romania made a gross profit of EUR 6.4 million in the first half of 2014, as the bank reduced its costs related to non-performing loans and increased corporate lending. The result is double compared to the profit posted by the bank for the ...
Romania steel exports worth 611 million lei over four months
Romania's steel and iron exports over the first four months of 2014 amounted to 611.3 million lei (1 leu = 0.2273 euros), 6.7 down year-on-year, according to data centralized by the National Institute of Statistics.Over the same period, the country's steel ...