Viewing posts from : May 2015
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EY Romania report on the business environment in Romania

According to the report EY Entrepreneurs Speak Out – Romanian Entrepreneurship Barometer 2015, 62% of respondents believe that business education in Romania has improved significantly over the past year. 34% of Romanian entrepreneurs expect that Romania improve the conditions of the business environment in the medium term (5-10 years), while 21% of respondents expect an […]

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Romania changes the face: the rapid development of the country

From the old backward country Romania becomes one of the fastest growing European economies. The country fights more and better corruption at the highest levels. In a recent report issued at the beginning of the year the European Commission boasts Romania’s progress in the fight against the scourge of corruption. The officials write that the […]

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SMEs in Romania create almost half the country’s gross value added

The small and medium-sized enterprises (SMEs) in Romania produce 44% of the gross value added in the economy. The production, trade, construction, professional activities and transport sectors account for 70% of the total gross value added. The first three sectors employ 60% of the total number of people active in SMEs. Some 66.2% of the […]

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Romania’s economy grows by 4.3% in the first quarter

Romania’s gross domestic product (GDP) increased by 4.3% in the first quarter of 2015 compared to the same quarter of last year. The seasonally adjusted growth rate was 4.2%, according to data released by the National Statistics Institute (INS) on Wednesday, May 13. Important growth was also registered by Hungary (3.1 per cent), Slovakia (2.9 per […]

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Romania – the euro-adoption plan during the EU presidency

Already in 2014 the government in Bucharest established the date of the currency change. Then Romania will hold the presidency of the European Union. The economic results show that euro-adoption plan is feasible. According to the Romanian Statistics Committee, in 2014 Romanian economy recorded a GDP growth by 2.9 percent. The IMF forecasts that in […]

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