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As of 2024, the National Committee of Macroprudential Oversight of Romania has identified 9 locally-incorporated banks as systematically important and thus have to meet more stringent requirements: [10] Banca Transilvania; BRD – Groupe Société Générale; Banca Comercială Română (Erste Group) UniCredit Bank; Raiffeisen Bank; CEC Bank ...
Location of Romania. 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.
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]
Romania [a] is a country located at the crossroads of Central, Eastern and Southeast Europe. It borders Ukraine to the north and east, Hungary to the west, Serbia to ...
Romania is a popular tourist destination, with more than 15.7 million domestic and foreign tourists in 2018. Romania's tourism took a great hit during the 2020 COVID-19 pandemic, with a drop of as much as 68.7% of foreign visitors in 2020, but it's beginning to recover in 2022. [78]
In 1923 Romania adopted a new Constitution, and in 1927 it uniformized the traditional administrative systems of Transylvania, Bukovina and Bessarabia with that of the Romanian Old Kingdom. County borders were kept largely intact, with only a couple minor adjustments, as a total of 71 județe existed between 1927 and 1938.
The Government of Romania (Romanian: Guvernul României) forms one half of the executive branch of the government of Romania (the other half being the office of the President of Romania). It is headed by the Prime Minister of Romania , and consists of the ministries , various subordinate institutions and agencies, and the 42 prefectures .
Romania left the gold standard in 1914 and the leu's value fell. The exchange rate was pegged at 167.20 lei to US$ 1 on 7 February 1929, US$1 = 135.95 lei on 5 November 1936, US$1 = 204.29 lei on 18 May 1940, and US$1 = 187.48 lei on 31 March 1941.