Small Business Entrepreneur Blog

Romania’s wind industry is blossoming. New wind farms are now online and forecasts suggest that in 2010 energy from wind will grow from 14 MW to 650 MW. Having the highest wind power potential in south east Europe – of up to 23 TWh – Romania is set to significantly expand its wind energy capacity 

Total hourly labor costs in the Romanian economy rose 5 percent on the year in April to June, the second-biggest increase in the European Union, official data showed Tuesday. Bulgaria, whose labor costs grew by 8.6 percent on the year in the second quarter, posted the highest increase among member states, EU’s statistics office Eurostat 

The projects presented at 4Esp 2010 will target the 10 countries from East Europe that have recently joined the European Union between 2004 and 2007: Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia; with a total population exceeding 102 million. Candidate Countries to follow soon: Croatia, the former Yugoslav Republic of 

Where have Austrian companies set foot? The banking and finance sector has been one of the attractions for many foreign investors, but Austrians have managed to fill the top positions on the local scene by taking over the biggest firms active locally or by creating the top players through a series of takeovers. Join us 

‘Romania remains an attractive destination for investors who want generous profit for the long term, but it is less attractive for short-term investments. This is mostly due to the cheap labor force and to the country’s close proximity to other European markets,’ said Catalin Pauna, chief economist with World Bank’s office in Romania. Romania ranks