In February 2015, the Logan, Duster and Sandero models were among the top 25 best selling cars in Russia. The data was published by the Association of European Businesses (AEB), Bloomberg informs. Last month, AvtoVAZ’s Lada Granta topped the rankings of the best selling cars in Russia with 10,583 units sold. Logan was 6th (3,424 [...]
The Commander of the Central Military Hospital in Bucharest, Major General Florentina Ioniță-Radu, was brought to the headquarters of the National Anticorruption Directorate (DNA) on Thursday, October 16. She was questioned in a case investigating crimes of abuse of office, complicity in abuse of office, and usurpation of official positions. After the questioning, Ioniță-Radu was […]
A draft law approved by Parliament after a negative vote in the Senate was overruled by the Chamber of Deputies, clearing the hydropower projects in the environmentally-protected areas that held the necessary permits as of mid-2007, when the environmental protection was instated, received harsh criticism from environment minister Diana Busoianu (Save Romania Union - USR). […]
Romania's minimum wage may remain unchanged in 2026, despite mounting pressure from within the ruling coalition. Government spokeswoman Ioana Dogioiu said on Thursday, October 16, that prime minister Ilie Bolojan is "in principle" against raising incomes next year. "The subject is under the prime minister's analysis. When I asked him, he replied: 'In principle - […]
The initial public offering (IPO) of Grup EM, the Romanian energy group that includes Electromontaj and Iproeb among other companies, closed on October 16 at 12:00 after two weeks of subscriptions, raising EUR 4.85 million for the 725.476 shares - the equivalent to 38% of the total number of shares offered under the IPO, for […]
Romania's economic growth will be somewhere between 0-1% and further acceleration in 2026 remains unclear, Fiscal Council head Daniel Dăianu said in a conference, as quoted by Economica.net. He toned down extreme pessimistic scenarios, such as those expressed by BRD-SocGen's chief economist, Florian...
Amid inflation, rising costs, and recent tax changes, 80% of respondents to a survey by the employers’ association Concordia believe the economic environment has deteriorated, while 71% expect further deterioration over the next 12 months. Investment plans remain cautious in this context, signaling a potential drag on economic growth. According to the survey, which included […]
