Romania

Romania’s trade gap widens by 17% in 2018

Iulian Ernst in Bucharest February 12, 2019

Imports increased faster than exports for the fifth year in a row, driven by fiscal stimulus that surfaced in households’ superior incomes.

Romania’s retail sales up 5.5% y/y in 2018

bne IntelliNews February 6, 2019

The growth of sales was driven by higher wages, higher employment and more abundant consumer lending.

Romania-based blockchain startup gets Canadian financing

bne IntelliNews February 4, 2019

Cluj-based AlphaBlock raised funding to finish its product, which uses artificial intelligence and blockchain to manage the risks faced by pension funds.

Romania sets 2024 as firm euro adoption deadline

Iulian Ernst in Bucharest January 31, 2019

Bucharest has repeatedly postponed the deadline, even at times when it was better prepared in terms of nominal convergence criteria.

Investors shrug off politics to boost deal value in emerging Europe

Clare Nuttall in Glasgow January 28, 2019

The value of M&A deals in the region soared by 20.1% in 2018, with investors largely ignoring populism and protests in Central and Southeast Europe, a CMS/EMIS report shows.

Bitcoin mania spreads to the Western Balkans

Valentina Dimitrievska in Skopje January 23, 2019

Adaption of legal frameworks lags behind interest in cryptocurrencies in the region.

Eastern EU member states lag in robotisation

bne IntelliNews January 22, 2019

Faced with a growing labour shortage, companies from Central and Eastern Europe are investing into industrial robots, but Eurostat data shows they still lag behind their western peers.

Bulgarian eminence grise aims to consolidate Balkan telecoms market

bne IntelliNews January 21, 2019

Bulgarian businessman Spas Roussev is in the process of taking over mobile operator Telekom Albania and is also eyeing assets in Bulgaria, Romania and Macedonia.

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