Romania: Risk Assessment

The international rating agency Moody’s improves Romania’s risk grade, considering it’s solvency makes it attractive for most investors. It is the fourth rating agency to reevaluate significantly his evaluation about Romania in in short time....

Economic dynamism in Romania

According to the Romanian Statistics National Agency, the unemployment rate went below the symbolic 5 % hurdle, which illustrates the Romanian economy dynamism....

The American group Emerson, moved to Cluj-Napoca

The American group Emerson confirms he wants to settle in Cluj-Napoca with a subsidiary to build a new production facility on a 11,5 ha area. Will be built a research center employing 400 people, and 4 production units, one for gas regulators, one for electric engines, one of construction tools, and one of gas turbines...

Romania’s IT sector

Romania ranks first in Europe and 6th in the world for the rate of population that graduated in IT specialty, proportionally above Russia and USA. The total number of IT specialists is 64 000 et about 5000 of 30 000 yearly graduated engineers are Information Technology specialists....

Standard & Poors report – Romania’s economic situation

The rating agency Standard & Poors (SP) increases of one step his evaluation about Romania to BBB-, which means the country enters a moderate investment grade category, leaving the “speculative” area. The reason is the improvement of economic situation, ensured by a strong growth fueled by internal growth. S&P is the second rating agency granting...