ECONOMIC EVENTS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP81-01036R000200030098-3
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 22, 2016
• Document Release Date: February 2, 2011
• Sequence Number: 98
• Publication Date: April 19, 1954
• Content Type: REPORT

Sanitized Copy Approved for Release 2011/02/02 : CIA-RDP81-01036R000200030098-3
CENTRAL INTELLIGENCE AGENCY
INFORMATION REPORT
COUNTRY Rumania
SUBJECT Economic Events
DATE DISTR. Apr 1954
It DOCUMENT CONTAIN, 1N/ORIATION A/IECTINO Wt NA L N 1
O7 THE UNITED STATES. WITHIN THE NEANINS OF TITLE 16. SECTIONS 701
AND 714. Of THE U.S. COSE. AS AMENDED. ITS TRANSMISSION ON lEYE-
THIS IS. UNEVALUATED INFORMATION
NO. OF PAGES
NO. OF ENCLS.
SUPP. TO
REPORT NO.
1. The gold mines of the Valea Aurului i, - Itriet, .W' theutown . vita, are
worked entirely by personnel, who also guard it. The.Soviets do, however,
employ German experts,. who have produced results satisfactory to their Soviet
masters.
2. The resultant increase in its gold reserves, has enabled the Bank of the
Rumanian Peoplels Republic to adjust the Ru;aanian lei to the Soviet ruble. The
new exchange rate is to be one ruble to one lei fifty bani. The former
exchange rats was one ruble to two lei qty bani.
3. The economic plan for the Rumanian state has been totally altered by Soviet
specialists, who allow no means of exploitation to escape them. Little by
little, they continue to adapt all branches of Rumanian production to Soviet
requirements. Already cement works, car and locomotive factories, dismountable
metal bridges, naval dockyards, the oil industry, forestry, coal mines. and
glass works have all been Sovietjaedo Now the turn has come Ct:~Ieui].e
industry, agricultural production and production of fats and oils# which are
to be forced into the Soviet mould.
4. Investment in the last three industries will be doubled by 1955, in order to
secure the desired results.
1 WMW a AREA CODES
- and
772.1 6oNI(,N )
772.1 N(Rf)
783.3 6oM
731.1 6om
01ST 14YTION STATE OJEd ARMT NAVY AIR Tel
--w- - Soar jq~ be e-- ?i I ttlUtMat
out the concurrence of the ori`iaatinR office through III Mutant Dlnet.E of is COO d Collatba and Diu niu.st s. CIA. AU of porn of as NnNME,
7v.-:. may be used by the above orpanizatiotIa in lnaYipenc. publiutioa ? u s i " sweuaa diatefbnele~ ps l&.j is pbAndo h o rn is NaM. ,1 C/PIOIALI
Sanitized Copy Approved for Release 2011/02/02 : CIA-RDP81-01036R000200030098-3