Romanian Govt. said it would kill or relocate 140 bears and 97 wolves following a rise in the number of attacks on humans, sparking outrage from animal rights groups, according to AFP.
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Romania has not completed the structural reforms it has undertaken, extremely important and we cannot talk about joining the eurozone before their completion, Head of the European Commission Representation, Angela Filote, said, according to ActMedia.eu.
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The US investment fund Varde works with the US firm Rothschild in the attempt to take over lender Bancpost, the most valuable bank asset put up for sale at the moment in Romania, according to market sources cited by local Ziarul Financiar.
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The value of property investments in Romania went up by 44 percent, in the first semester of the year compared with the same period of 2016, to EUR 485 million, according to a report by real estate consultancy JLL which tracked investments in Central and Eastern Europe (CEE).
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Romania’s foreign debt increased by EUR 1.88 billion in the first five months of this year to EUR 94.2 billion, climbing to a new maximum after December 2014, according to Romania-Insider.com.
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The Romanian capital Bucharest generally performs better than smaller cities in the country in the way it deals with the demand for business services, according to the latest World Bank report Doing Business in the European Union 2017: Bulgaria, Hungary and Romania, quoted by Romania-Insider.com.
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The public transport network in Cluj-Napoca, a city in Northwestern Romania, is to get its first electric buses by March 2018, according to Romania-Insider.com.
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The price of apartments in the western Romania city of Cluj-Napoca recorded the highest national increase, of 10% in the first six months of this year, according to data from real estate portal Imobiliare.ro.
Banca Transilvania and EximBank concluded the agreement “SMEs guarantee ceiling”, which facilitates the access of clients to Banca Transilvania financing, says Business-Review.eu.
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Syrian-born Romanian physician of Palestinian origins Raed Arafat ranks 14thin the 100 Most Influential Arabs in the World in 2017 list put together by Arabian Business, quoted by Romania-Insider.com.
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