Romania in the news: Last week in headlines

Newsroom 16/08/2013 | 12:26

In case you missed it, Business Review brings you a round-up of this past week’s main headlines. From the latest trends in the real estate market to the state of the economy, from top management changes to financial results of oil major, or from fresh investment announcements to new M&A deals – take your pick!

ENERGY

EBRD moots EUR 68 mln loan to STEAG for Romanian wind farm

OMV Petrom H1 profit gains 18 percent to EUR 523 on higher production

Rompetrol Rafinare H1 loss narrows 40 percent to USD 78 million

ECONOMY

Romanian economic growth accelerates to 1.7 percent in H1

Romanian government plans hiking minimum wage to RON 1,000 from 2014

INVESTMENTS

USTDA awards two grants to Romanian government for ICT investments

FDI in Romania down 19 percent to EUR 666 mln in H1

ONLINE

Romanian online retail sales doubled in first seven months, says PayU

German investors’ survey finds a shortfall in qualified staff in Romania

PHARMA

Romania’s pharma market posts H1 growth of 3.5 percent to EUR 1.3 billion, says Cegedim

DEALS

Advent International sells Deutek to Axxess Capital

Romanian government sets deadline for CFR Marfa privatization

PROPERTY

Romanian real estate market ‘stable’ for deals, says EY

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