All EU members except for the UK and Czech Republic last Monday supported a new framework aimed at consolidating budget discipline. President Basescu said that non-euro countries will be accepted for participation in all summits where key topics on competitiveness or the Eurozone strategy are discussed.
Although not rich by the standards of developed countries, a huge middle class is already saving less and spending more, creating big opportunities for companies that can serve them with relevant products and services. Between now and 2030, an additional three billion people globally will enter this income bracket.
Digitisation is a step change even greater than the internet. Exponential technology advances, greater consumer power and increased competition mean all industries face the threat of commoditisation. The winners will act now, and build a strategic advantage that leaves their counterparts wondering what happened.
While some pundits may believe that the traditional landline telephone is a thing of the past, our data shows that consumers are still committed to maintaining their landline connections. Globally, more than 80% of respondents indicated that they have a landline, with the highest concentration found in Asia Pacific (83%) and the lowest (76%) in Europe, the Middle East and Africa (EMEA).
The NBR cut the monetary policy rate by a total of 50bp at the last two monetary policy meetings (in November and January). We think the current context will help the central bank to cut the key rate by another 25bp at next week’s meeting (on 2 February), although we did not previously envisage such a move in our baseline scenario.
Our Barometer captures the number and value of the Romanian market of mergers and acquisitions during 2011, emphasizing the prevailing trends in terms of most active industries, profile and country of origin of buyers. During 2011 the Romanian M&A market experienced a slight increase of 5% in terms of number of closed deals (from 114 deals in 2010 to 120 deals in 2011).
The world isn’t flat — it’s curved, bumpy and you can’t see what’s ahead. Even as new markets expand and globalization increases, opportunities are becoming harder to find. Not so long ago, mature-market companies, faced with shrinking prospects at home, looked to rapid-growth economies as their best hope for profitability.
The bilateral economic relations between the United States and Romania need fresh impetus and the actions to be designed by the recently-created American-Romanian Business Council (AMRO) will lead to a better information of the business climate and certainly to new and important U.S. investments in Romania, AMRO President Eric Stewart told Agerpres in an interview.
According to data released within OMV's Trading Statement, Petrom's oil production in 4Q 2011 stood at 186,000 boe/day, which is 1% higher qoq and 0.5% higher yoy as first volumes from the exploration well Totea contributed with 1,500 boe/d.
The Finance Ministry (MFP) on Thursday borrowed RON 1.304 billion (nearly 0.3 billion) off commercial banks, RON 554.45 million more than initially set, in a benchmark bond issue maturing in October 2014 auctioned by the National Bank of Romania (BNR).
Today, the NBR cut the key rate by 25bp to 5.5%, while keeping unchanged the minimum reserve requirements for both RON and FXliabilities. The decision was in line with our expectations and market consensus.
DTZ, part of UGL Services, a division of UGL Limited (ASX: UGL), today released its latest European Investment Market Update. The report showed fourth quarter 2011 commercial real estate investment activity totalled €31.4bn in Q4 2011, a 17% increase on Q3 2011. This led annual volumes in 2011 to €110bn, an increase of 7% on 2010.
Intense competition for capital in the market may cause major problems for businesses when they try and renew their debt financing this year. $2 trillion* of loans need to be rolled over globally, with $250bn of investment grade funds needing to be refinanced across the EMEA region in 2012**, PwC comments.
When out shopping these days, consumers are ever more likely to turn to their personal computers (PCs), smartphones and tablet PCs to find gifts, check recommendations, compare prices, access online coupons, and ultimately pay for their purchases, according to the results from KPMG International's 5th Annual Consumers and Convergence Survey.
The sovereign debts will impact the global economy many years from now and this is not something that will be resolved and/or assimilated easily in the future.
MIHAI BARSAN
Marketing Manager - SABMILLER SLOVAKIA
I think there will be many waves of crisis, at least until we figure out a solution to the petrol problem, and therefore the biggest challenge we have in business is sustainability: how to run our businesses better with less resources?
In international markets there is a need, now more than ever, for stability and increased financial transparency. Promoting a set of global accounting...
Asociatia pentru Pensiile Administrate Privat din Romania (APAPR)
More than four years after their launch in the troubled waters of an uncertain globaleconomy in 2007, Romanian private pension funds now exceed a memb...
Transfer pricing, the price at which goods and services are sold between affiliatedenterprises, is one of the most important international tax issues ...
EUROPOLIS REAL ESTATE ASSET MANAGEMENT
Be a part of the largest logistic park in the South-Eastern Europe and enjoy all the modern facilities Europolis Park Bucharest (EPB) prepared for you...
RED
Satu Mare retail park is a functional concept with an unique theme that has the goal of defining the optimal tenant mix. And thus, a unity is forged b...
VALAD
A1 Business Park is developed on a land of 40 hectares, located in the western part of the Capital, the most active area regarding the industrial deve...
EUROPOLIS REAL ESTATE ASSET MANAGEMENT
Orhideea Towers is a business center of high class architecture situated in a representative location within the central- western business district. ...
CUSHMAN & WAKEFIELD
The commercial space that we propose is situated in Bucharest, on Magheru Boulevard, on one of the main commercial boulevards from Bucharest. in the vicinity is situated ...
PROFIMOB
Dorobanti villa for rent. We present a stylish villa, divided into B+GF+1+AT floors with an area of 240 sqm. Villa will be rented fully furnished and having the kitchen f...
HOMELIFE
Dorobanti, Available for rent Office building Class A erected in 2011. Generous reception area, two elevators, flexible partitions, all modern facilities.
Available su...
HOMELIFE
Office Building Class A. In vicinity: The Palace of the Parliament-Marriott Hotel.
Features: reception area and security, clime, fire detector system, data-voice, two el...
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