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Economy of Romania



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References

  1. ^ [1], IMF World Economic Outlook Database, April 2008
  2. ^ per capita based on purchasing power parity, IMF World Economic Outlook Database, April 2008
  3. ^ Consumer price index, Romanian National Institute of Statistics, retrieved January 11, 2008
  4. ^ Romania - Factors to Watch on May 12 | Markets | Markets News | Reuters
  5. ^ Country Groups, World Bank, 2005
  6. ^ [2]
  7. ^ http://www.balkaninsight.com/en/main/news/10691/ The 8.2 percent growth in Romania’s economy in the first three months of 2008 was more than three times higher than the EU average
  8. ^ http://www.zf.ro/articol_172008/romania_se_indreapta_spre_o_crestere_economica_chinezeasca.html PIB-ul a crescut cu 7,5% in T1, iar anul agricol bun ar putea duce cresterea la peste 8%.
  9. ^ GDP increases with more than 7% in 2008
  10. ^ [3] EIU: PIB-ul Romaniei se va dubla pana in 2011 - Realitatea TV - Economie
  11. ^ [4] MoneyLine.ro - EIU: PIB-ul României se va dubla până în 2011
  12. ^ [5] Evenimentul.ro › Economie › PIB-ul României se va dubla pînă în 2011
  13. ^ [6] Antena 3 - PIB-ul României se dublează în 4 ani
  14. ^ [7] Economist.com Romania Outlook 2008-09
  15. ^ http://www.economist.com/world/europe/displaystory.cfm?story_id=11067600 The Economist: Francesco Grillo, at the London School of Economics, suggests that, Romania will overtake Italy in 2020
  16. ^ http://eupolitics.einnews.com/news/romania-gdp Romania will overtake Italy in 2020
  17. ^ The Economist: Romania might economically outrun Italy by 2020 - Business - HotNews.ro
  18. ^ Economic freedom: Romania
  19. ^ Ease of Doing Business: Romania
  20. ^ http://www.hotnews.ro/english/press_review/articol_2016996/what_the_newspapers_say__november_23__2007.htm In 2008, Romania now had 10 billionaires (in US dollars), compared to 2 in 2006.
  21. ^ http://www.sofiaecho.com/article/romanians-want-romas-to-be-gypsies-again/id_26586/catid_64. The Romanian current account deficit in 2007 increased by 66% from 2006, reaching 16.9 billion euro
  22. ^ his1
  23. ^ Isarescu reduce inflatia cu legume si fructe "Pentru acest an, BNR si-a asumat o tinta de inflatie de 5%, cu un interval de variatie de plus/minus 1 punct procentual. Aceasta inseamna ca BNR isi va respecta angajamentul asumat daca inflatia se va situa la finele anului in intervalul 4-6%. "Pentru prima data putem spune ca avem sanse sa ne incadram in limita de 6%", a spus ieri guvernatorul." In 2006, the BNR assumed a level of inflation of 5%, with an interval of variation of plus/minus 1 percentage point. "For the first time we can say that we have the chance that we won't exceed the limit of 6%", said the governor.
  24. ^ Romania isi va recupera datoriile din Irak - BloomBiz.ro - Your Business Community
  25. ^ [8]
  26. ^ http://www.bnr.ro/En/Press/E20071204rez.htm the international reserves of the National Bank of Romania (foreign exchange and gold) stood at EUR 27.23 billion=40 billion U.S. dollars
  27. ^ [9], IMF World Economic Outlook Database, April 2008
  28. ^ http://www.doingbusiness.ro/investment/pdf/Ernst_Young_Gabriela_Popa.pdf
  29. ^ http://www.portfolio.hu/en/cikkek.tdp?cCheck=1&k=4&i=13195 Romania is in such a momentum that it will certainly surpass Hungary in respect of the standard of living - GDP per capita - the rate of economic growth and the size of capital influx already in this decade, Demján said.
  30. ^ http://www.bbj.hu/main/news_32145_romania%2Bwill%2Bleave%2Bhungary%2Bbehind%2Bthis%2Bdecade%2B-%2Btrigranit%2Bchief.html Romania will leave Hungary behind this decade - TriGranit chief
  31. ^ HotNews.ro - Vosganian: Mi se pare corect ca taxa auto sa se plateasca in functie de valoarea masinii - Finante & Banci
  32. ^ http://www.hotnews.ro/economie/finante_si_banci/articol_2125888/vosganian_quot_pare_corect_taxa_auto_plateasca_functie_valoarea_masinii_quot.htm un buget cu cheltuieli de 53 de miliarde de euro
  33. ^ [10], IMF World Economic Outlook Database, April 2008]
  34. ^ [11], IMF World Economic Outlook Database, April 2008]
  35. ^ Reporter.gr
  36. ^ Romania hopes to introduce euro in 2014. Hotnews.ro (2007-01-26). Retrieved on 2007-08-14.
  37. ^ Bloomberg.com: Europe
  38. ^ National Bank of Romania - Echange Rate
  39. ^ http://www.highbeam.com/doc/1G1-146685752.html Romania could cash in four billion dollars from the Constanta-Trieste pipeline. Pumping oil could payoff in Romania as benefits from the Constanta-Trieste pipeline could amount to more than four billion dollars. The benefits could range from 2.27 to 4.39 billion dollars over 20 years, depending on the capacity of the new oleo duct, according to Hill International's feasibility study.
  40. ^ http://www.gasandoil.com/goc/news/nte30277.htm Romania has the largest power sector in south-eastern Europe
  41. ^ Climate Analysis Indicators Tool (CAIT)
  42. ^ CIA - The World Factbook - Romania
  43. ^ EIA - International Energy Data and Analysis for Romania
  44. ^ Transferul Metrorex la Primaria Capitalei a incins spiritele
  45. ^ Romania named property hotspot
  46. ^ Romania Infrastructure Forecast Report - Business Monitor International
  47. ^ Romania Infrastructure Forecast Report - Business Monitor International
  48. ^ El Car
  49. ^ AUTOSHOW-Ford to invest in Romania, no plans for low cost car | Reuters
  50. ^ UPDATE 1-AUTOSHOW-Ford invests in Romania car plant | Reuters
  51. ^ US carmaker Ford buys car plant in southern Romania and pledges investments - International Herald Tribune
  52. ^ Reuters | Latest Financial News / Full News Coverage
  53. ^ http://english.people.com.cn/90001/90778/6280650.html The Dacia Logan was the top-selling new car in Central and Eastern Europe in the first half of 2007 with 52,750 units sold, ahead of Skoda Fabia (41,227 units), Skoda Octavia (33,483 units), Opel Astra (16,442 units) and Ford Focus (14,909 units), shows a market survey of JATO Dynamics, the leading supplier of automotive market intelligence.
  54. ^ http://www.evertiq.com/news/read.do?news=7627&cat=4 Nokia Village in Romania soon to start Production
  55. ^ 'Made in Romania' Nokia Phones - Figures show a bright future for the Nokia factory near Cluj - Softpedia
  56. ^ http://www.propertysecrets.net/article/nokia_invest_60_million_in_cluj_romania/1783.html Nokia invest €60 million in Cluj, Romania
  57. ^ http://www.balkaninsight.com/en/main/news/7130/ The average monthly salary in Romania is around €500.
  58. ^ http://www.expres.ro/articole/detalii-articol/802680/Salariul-mediu-net-a-ajuns-la-1192-lei/ The Romanian average net wage in March 2008 is 1192 lei.
  59. ^ European Parliament - News - Headlines - Article - Employment MEPs use hearing to debate minimum wage
  60. ^ "Regional GDP per inhabitant in the EU27" (PDF), Eurostat, 2008-02-12. Retrieved on 2008-02-14. 
  61. ^ Joint Inclusion Memorandum of Romania
  62. ^ Danuta Hübner pays a visit to Romania (European Commission Press Release, 14 July 2005)
  63. ^ Major economic indicators of Romania in the period 1 January 2005-30 October 2005, National Institute of Statistics of Romania, 9 December 2005 (Romanian)
  64. ^ Toti bucurestenii vor avea dosar fiscal din 2006, Averea, 15 December 2005
  65. ^ See Table 4.1
  66. ^ HotNews.ro - Romania are 19,5 milioane de utilizatori ai serviciilor de telefonie mobila - Arhiva noiembrie 2007
  67. ^ Gandul
  68. ^ E-readiness: Romania
  69. ^ E-readiness: Romania
  70. ^ Microsoft Acquires Antivirus Technology
  71. ^ http://news.zdnet.com/2100-9584_22-5074725.html The report, Offshore Romania 2003, claims that not only is the cost of using and providing IT services in Romania much cheaper than in India, but the country is also home to an abundance of well-educated and highly skilled workers who have a better understanding of Western European culture than their Asian counterparts.
  72. ^ http://www.ipdevel.ro/index.php?mid=124&pid=24 On the occasion of the World Electronics Forum (Paris 2000), the “Worldwide ICT Professionals Market Situation Study” showed that, by 2008, Romania will be the only European country to have excellent IT specialists.
  73. ^ http://economie.moldova.org/stiri/eng/37767/ According to preliminary statistics provided by the Customs Service, the volume of trade between the Republic of Moldova and Romania amounted in January-February to USD 135.7 mln, that represents a doubling of the amount (approx. 190%, or plus USD 66 mln) compared to the same period last year. According to the Ministry of Economy and Commerce the volume of exports of Moldovan economic entities to Romania totalled nearly USD 34.1 mln, thus by 1.7-fold more as in January and February last year (+ USD 14 mln).
  74. ^ Romania imports agri-food products of 2.4 bn euros in 2006 - Danmarks ambassade Bukarest
  75. ^ http://www.antena3.ro/Romania-ocupa-locul-al-II-lea-in-topul-destinatiilor-preferate-de-investitori_bss_48518_ext.html România ocupă locul al doilea în topul celor mai atractive destinaţii pentru investitorii interesaţi de zona de est şi sud-est a Europei.
  76. ^ http://www.arisinvest.ro/news_detail.asp?ID=554&LID=2 Foreign direct investment flow attracted by Romania in the first 2 months of the current year reached Euro 1.2 million, thus registering a 40% increase against January and February 2007. Considering the FDI structure, the predominant was „other capitals” (loans granted by mother company to affiliate structures in Romania) representing 50.8% out of January and February total, followed by „reinvested profit” and „capital participation” amounting 49,2 %. The FDI development in January 2008, proves once again that Romania is one of the most attractive destinations in the pool, for placing foreign capital.
  77. ^ General Motors considers Romania for plant | ZF English | Ziarul Financiar
  78. ^ Kauppapolitiikka
  79. ^ ROMANIA: SABMiller lines up Ursus investment: Beverage News & Comment
  80. ^ CTP Invest to Allocate EUR 60 mln for Romania // Property Xpress
  81. ^ Polaris to build snowmobile plant in SE Europe | Reuters
  82. ^ http://www.setimes.com/cocoon/setimes/xhtml/en_GB/features/setimes/features/2007/12/06/feature-01 British investments in the Romanian economy currently exceed 5 billion euros, with more than 3,200 British companies operating in key sectors, including telecommunications, information technology, financial services, and water and environmental protection.
  83. ^ http://www.iht.com/articles/ap/2008/04/30/business/EU-FIN-EU-Romania-Ford.php EU approves €143 million aid to Ford plants in Romania
  84. ^ http://www.propertyxpress.com/getnews/0000004940 P&G to Build Factory in Romania
  85. ^ Peugeot Ponders Engine Factory In Romania | English section | Ziarul BURSA
  86. ^ Romanian Furniture Chain Opens Hypermarket In Bulgaria'S Capital - Business News
  87. ^ Largest Romania’S Electronic Company Enters Bulgaria - Business News
  88. ^ http://www.seenews.com/news/latestnews/romania___sromstalentersserbia_buyslocalcodomingfor10mlneuro-144259/ Romanian sanitary and electric equipment distributor Romstal has entered the Serbian market, acquiring local equipment distributor Doming for 10 million euro ($14.7 million



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