Latest Economy of Romania Stories
TORONTO, March 21, 2014 /PRNewswire/ - Pacific Rubiales Energy Corp.
BUCHAREST, Romania, Oct. 5 /PRNewswire-FirstCall/ -- IBM (NYSE: IBM) and Petrom, the largest oil and gas producer in Southeastern Europe, have entered into a 10-year, multi-million dollar data center services agreement.
BERLIN, September 22, 2010 /PRNewswire/ -- Specialized IT service and data provider Decernis announced today its expansion to Germany in order to better serve its growing number of clients across Europe.
BERLIN and ANAHEIM, California, June 5 /PRNewswire/ -- The German food industry is withstanding the global crisis. Stable domestic demand, favorable production conditions and advantageous export connections make Germany an attractive environment for investors despite the crisis.
The International Monetary Fund said it was prepared to loan Romania $17.5 billion to rescue the country from an economic tailspin. The loan, pending approval of the IMF Executive Board, would give Romania a line of credit of $6.75 billion with another $9.7 billion allowed later with funds coming from the European Union, The New York Times reported Wednesday. The Romanian economy is predicted to contract 4 percent this year, as foreign investments have declined sharply, the Times said. The...
LONDON, Dec. 2 /PRNewswire/ -- Romania and Bulgaria are currently the fastest growing countries within the Central and Eastern European (CEE) market for uninterruptible power supplies (UPS), as stated in a recent Frost & Sullivan study.
Auto Romania (ARO) was an off-road vehicle manufacturer located in Campulung-Muscel, Romania. The ARO vehicles were produced from 1957 to 2003. Two thirds of the 380,000 plus vehicles manufactured were exported. ARO vehicles were also manufactured in Brazil, Italy and Portugal. In 2003, 68.7 percent of ARO was sold to John Perez, owner of Cross Lander, with the stipulation that the company had to invest $2 million. Apparently this never happened; instead all of ARO’s equipment was sold...
- Emitting flashes of light; glittering.