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Romania is a sovereign state located in Southeastern Europe. Following rapid economic growth in the early 2000s, Romania has an economy predominantly based on services, and is a producer and net exporter of machines and electric energy, featuring companies like Automobile Dacia and OMV Petrom .
According to Currencies Direct, Romania has seen significant increases in house prices in recent years and its interest rate has dropped from a level of 154 per cent in 1997 to 8.9 per cent in 2005. The construction industry in Romania contributed an estimated 5.95% in 2006 to the country's gross domestic product (GDP).
The concept of modern, big and self-service store came to Romania in mid-1990s. Since mid-2000s, there has been a strong growth in the number of supermarkets in the country, particularly in Bucharest and other main urban areas. Almost all supermarkets are owned by multinational companies. This is a list of major retailers in Romania in 2022. [1]
The following list of Romanians by net worth includes the 10 wealthiest Romanians individuals and families as determined by Forbes Romania. In addition to the annual rankings published by Forbes Romania , six Romanians are also featured in The World's Billionaires by Forbes .
The Romanian property bubble was a real-estate bubble in Romania from the early 2000s to 2007. After the relative calm of the 1990s, since 2002 Romania has experienced a dramatic increase in property prices. Between 2002 and 2007, the median price for an old communist-era apartment rose by a factor of 10 (x 1000%), from around €10,000 to c ...
Michigan went into Columbus as a 20.5-point underdog and emerged with a stunning 13-10 upset. The five-loss Wolverines extended their win streak to four in a row in the rivalry despite throwing ...
Romania has a complex, high-income market economy, the 45th largest in the world by total nominal GDP and the 36th largest based on purchasing power parity. [1] The country is a regional leader in multiple fields, such as IT and motor vehicle production. [2] [3] In 2016, Romania was the 46th largest exporter of goods in the world. [4]
Houston Texans wide receiver Tank Dell is out for the rest of the season after suffering a dislocated knee, torn ACL and other damage, according to Texans head coach DeMeco Ryans.
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