The European Bank for Reconstruction and Development (EBRD) has teamed up with Mid Europa Partners to invest $26.8 million in Romania’s fastest-growing supermarket and convenience store chain, Profi Rom Food SRL.
The U.S. State Department’s Annual Report on Human Rights in Bulgaria said “corruption continued to be a drag” on the country, and that efforts to punish corrupt public officials have been “insufficient.”
Bulgaria's Ministry of Finance recently released its official figures on central government debt as of the end of January, which showed total debt at $14.5 billion, a reduction compared to a month prior.
One topic of conversation at the Bucharest Stock Exchange (BVB)’s recent Investment Spring event was the prevalence of overnight deposits in Romania and the factors that could drive Romanians to invest in funds and equities.
The European Commission recently imposed a total of $164 million in fines against Behr, Calsonic, Denso, Panasonic, Sanden and Valeo, which investigations uncovered were taking part in cartels for air conditioning and engine cooling car components.
The European Commission recently highlighted the 10th anniversary of the European Globalization Adjustment Fund (EGF), which assists member states in helping workers whose jobs are negatively affected by globalization.
Bucharest Stock Exchange's (BVB) traded shares are experiencing massive growth this year, ranking Romania the sixth largest increase in the world, according to a release on the stock exchange's website.