The general budget execution on January through October 2015 closes with a surplus worth 9.04 billion lei, namely 1.28pct of the Gross Domestic Product, as compared to the 1.9 billion lei surplus, namely 0.29pct of the GDP recorded in the similar period of 2014, according to data released by the Public Finances Ministry on Wednesday. The incomes of the general budget, worth 191.6 billion lei, representing 27.2pct of the GDP, were in the ten months of 2015 by 7.9pct higher in nominal terms against the same period of 2014, and by 0.6pct weight in the GDP. The expenditure of the general budget went up to 182.6 billion lei, on an uptrend in nominal terms by 4pct as compared to the same period of 2014, yet they diminished by 0.4pct weight in the GDP. A significant growth is noticeable by 36pct against the same period of 2014 of the expenditure with the financing projects from foreign grants. The investment expenses, that include the capital expenditure and the ones regarding the development programmes funded from domestic and foreign sources, were worth 22.7 billion, or 3.2pct of the GDP, in nominal terms by 11.6pct higher than the similar period of 2014.
EVERGENT Investments, an investment company listed under the ticker EVER, reports a net result of RON 273.81 million, 2.8 times higher than the budgeted level for the entire year of 2024. The net result is the company’s main financial performance indicator, comprised of RON 144.02 million in net profit and RON 129.79 million in net […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate...
La French Tech Bucharest announces the third edition of its highly-anticipated flagship event, Inspiring Women in Business, set to take place on November 21st, 2024, at the Romanian - American University (Expoziției Boulevard, Number 1B, Bucharest), starting at 18:30. This prestigious event will spotlight influential women who are leading businesses through transformative times, showcasing their achievements, […]
Eltra Logis, one of the main players in the niche logistics, transport, and storage market, is strengthening its position in the pharmaceutical industry, which now generates 40% of the company's turnover. This consideration comes based on the significant consumption of medicines in Romania and the development of local production capacities in the pharmaceutical sector. The […]
The Nexus Gaming team, which represented Romania at the IESF World Esports Championship, defeated Portugal’s team in the final to become world Counter Strike 2 champions. The Romanian team is composed of experienced players Ciocardau, Xellow, BTN, Ragga, and Adron. During the IESF WEC24 championship, they defeated some of the strongest teams, many of which […]
Well-known American actor John Malkovich, who was on stage last week at the National Theatre in Timișoara, visited the city’s first official souvenir shop on Friday, November 15. The visit was announced by Timișoara mayor Dominic Fritz. "Even Hollywood has come to the new souvenir shop. We’re delighted that John Malkovich found high-quality mementos from […]
