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Today Thursday, August 13, 2020 in the Romanian Newspapers



Gov’t to consider extending state of alert by 30 days
At a meeting on Friday, the Orban Cabinet is scheduled to consider a decision to extend the state of alert by 30 days, from August 16, along with measures to be applied during it to prevent and combat the effects of the COVID-19 pandemic, according to the agenda posted on... The post Gov’t to (...) Aug 13, 2020
 





Astra documentary film festival to be held both outdoors and online to prevent the spread of the novel coronavirus
The ASTRA documentary film festival will be held this year both outdoors (September 4-13) and online (October 16-25), to ensure the best conditions to prevent the spread of the novel coronavirus, (...)
Aug 13, 2020

 
German authorities to ramp up controls of German employers hiring Romanian workers
German authorities will step up checks of German employers hiring Romanian workers and increase penalties for employers' offences, German Labour and Social Affairs Minister Hubertus Heil and his (...)
Aug 13, 2020

 
New ferry crossing point between Romania, Ukraine becomes operational
A new ferry crossing point at the border between Romania and Ukraine has become operational, Romania's National Road Infrastructure Management Company (CNAIR) has announced, adding that the first (...)
Aug 13, 2020

 



CBRE: Property Investments in Romania Total EUR395M in 1H, 88% Are Offices
Romania’s property investment volume in the first half of 20202 amounted to EUR395 million, 17% higher on the year, and offices accounted for 88% of traded volume, real estate consultancy company (...)
Aug 13, 2020

 
In conversation with Turkish counterpart, ForMin Aurescu voices Romania's support for de-escalation in Eastern Mediterranean
Romania's Foreign Minister Bogdan Aurescu on Thursday had a phone conversation with his Turkish counterpart Mevlut Cavusoglu at Cavusoglu's request. According to a press statement released by the (...)
Aug 13, 2020

 
Romanians Spent 70% Less on Vacations Abroad in 2Q/2020
Romanians spent just EUR328 million on vacations abroad in April-June this year, 70% less compared with EUR1.2 billion, under the impact of the coronavirus pandemic on the travel (...)
Aug 13, 2020

 
Romania, among top ten producers of bicycles in EU
Romania produced more than 520,000 bikes in 2019, according to data from EU's statistics office Eurostat. ___STEADY_PAYWALL___ The biggest bicycle producers in the EU last year were Portugal (...)
Aug 13, 2020

 
Current account deficit drops to EUR 3.497 billion as of 30 June
The current account of the balance of payments registered a deficit of EUR 3.497 billion in the first six months of the year, compared to EUR 4.373 billion in the same period of 2019, shows data (...)
Aug 13, 2020

 
Romania’s daily coronavirus case count hits new high
Romania added 1,454 coronavirus cases in the past 24 hours, a new daily record since the start of the pandemic. The total number of cases reached 66,631 on Thursday, August 13, the authorities (...)
Aug 13, 2020

 
GCS: 1,454 new cases of COVID-19 lately take total number to 66,631
As many as 1,454 new cases of people infected with SARS-CoV-2 have been recorded since the last report, following national tests, the Strategic Communication Group (GCS) announced on Thursday. (...)
Aug 13, 2020

 
Romania Posts Current Account Deficit of EUR3.497B in 1H/2020
Romania's current account balance posted a deficit EUR3.497 billion in January-June, compared with a deficit of EUR4.373 billion in the same period in 2019, central bank data showed (...)
Aug 13, 2020

 
Agroland Opens EUR150,000 Store in Timisoara
Agroland Business System, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, has opened a supermarket in Timisoara following an investment (...)
Aug 13, 2020

 
Central Romania: Classical music festival in Sibiu marks Beethoven anniversary
This year’s edition of the Classics for Pleasure festival, held in Sibiu, marks 250 years since the birth of composer Ludwig Van Beethoven. ___STEADY_PAYWALL___ The festival takes place between (...)
Aug 13, 2020

 
eMAG Invests EUR90M in New Logistics Center on A1 Highway
eMAG, the leading online retailer in Romania, said Thursday it will invest EUR90 million in a new logistics center at km 19 of the A1 highway that will stretch onto 130,000 square meters and will (...)
Aug 13, 2020

 
E.ON Completes EUR1.9M Solar Power Plant in TeraPlast Bistrita Industrial Park
Electricity and natural gas group E.ON Energie Romania, part of German utility group E.ON, said Thursday it has completed the construction of a solar power plant in the industrial park operated (...)
Aug 13, 2020

 
Number of births in Romania in the first half of 2020, lowest in seven years
The number of births in Romania in the first six months of 2020 is the lowest in the last seven years, according to an Edupedu.ro analysis based on data from the National Statistics Institute (...)
Aug 13, 2020

 
Bucharest Stock Exchange Group Profit Grows 10% in 1H, to RON4.24M
The Bucharest Stock Exchange (BVB) Group, which operates the Romanian capital market, reported a profit of RON4.24 million for the first half of 2020, up 10% on the (...)
Aug 13, 2020

 
FinMin Citu: Gov't to approve this Friday emergency ordinance paving way for budget adjustment
The government will approve this Friday an emergency ordinance introducing certain amendments required for carrying out the budget adjustment, Finance Minister Florin Citu declared on Thursday (...)
Aug 13, 2020

 
Fidelis Government Bonds Start Trading on Bucharest Stock Market
Government bonds for population in the Fidelis issue start trading on the Bucharest Stock Exchange Thursday.
Aug 13, 2020

 
Revolut is the fastest growing technology company in Europe, the Middle East, and Africa, according to the latest Deloitte Fast 500 competition
Revolut is the fastest growing technology company in Europe, the Middle East, and Africa, according to the latest Deloitte EMEA Technology Fast 500 competition. The ranking also includes the (...)
Aug 13, 2020

 
Libra Bank Profit Halves in 1H, to RON25.7M
Lender Libra Bank, a member of US investment group New Century Holdings, recorded a net profit of RON25.7 million in the first half of 2020, compared with a profit of RON51 million in the sale (...)
Aug 13, 2020

 
Oil Terminal Profit Grows 65% in 1H, to RON7.6M
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Thursday reported a net profit of RON7.6 million for the first half of 2020, up 64.8% on the (...)
Aug 13, 2020

 
BVB Group posts 10 pct higher mid-year consolidated net profit
The mid-year consolidated net profit of the Bucharest Stock Exchange (BVB) Group was 10 percent higher, at 4.24 million lei, with the group's trading segment accounting for 75 percent of the (...)
Aug 13, 2020

 
President flags up unwanted record as Romania’s coronavirus cases reach new high, says local elections doable if situation doesn’t worsen
Speaking about the country’s new daily record of coronavirus cases reported on Wednesday, August 12, president Klaus Iohannis said it was an “unwanted record” and “way too much.” (...)
Aug 13, 2020

 
LocalElections2020/ Bucharest Constituency Electoral Bureau approves USR PLUS Alliance founding protocol
The Bucharest Constituency Electoral Bureau unanimously approved the protocol for the creation of the USR PLUS Alliance in the Capital City and its sectors, USR PLUS said in a release. The Save (...)
Aug 13, 2020

 
Coronavirus pandemic: Germany adds Bucharest, more counties to list of risk areas
Germany has added Bucharest and ten other Romanian counties to the list of international risk areas, which covers countries and territories designated as presenting an increased risk of infection (...)
Aug 13, 2020

 
Huawei wants more public consultations on 5G regulations in RO
Chinese group Huawei believes it meets all the requirements listed in the draft regulations for the participation of technology companies in developing the 5G infrastructure in Romania. (...)
Aug 13, 2020

 
Romanian aluminium maker Alro reports three times higher profit
Alro Group, the largest aluminum producer in Romania and one of the largest aluminum producers in Europe, reported a RON 253.6 mln (EUR 52.4 mln) net profit in the first half of the year, three (...)
Aug 13, 2020

 
5-to-go coffee shop franchisor waives fees for a year
5 to go, the largest coffee shop chain in Eastern Europe and the biggest franchise in Romania, announced that it will support Romanian entrepreneurs by waiving franchise fees for one year for new (...)
Aug 13, 2020

 
RO supermarket chain Penny teams up with car parts retailer for home deliveries
Rewe Romania, part of the German group of the same name and the operator of the discount chain Penny, developed a partnership with Auto Total, the leading car parts distribution group in Romania, (...)
Aug 13, 2020

 
BCG: Romania needs more FDI to capitalise on its cheap labour force
Romania could benefit from the shrinking foreign trade between China and the other major economies (American, European) by increasing its role as a manufacturing hub, Boston Consulting Group (...)
Aug 13, 2020

 
Romania’s debt-to-GDP ratio surpasses 40% at end-Jun
Romania's public debt increased by RON 57.3 billion (EUR 11.8 bln) in the first half of the year, to RON 430.8 billion (EUR 88.98 bln), or 40.2% of the GDP, according to data published by the (...)
Aug 13, 2020

 
Romania’s inflation rate rises to 2.8% in July
Romania's annual inflation rate accelerated in July by 0.2 percentage points compared to June, to 2.8%, based on the local methodology. ___STEADY_PAYWALL___ Under the harmonized HICP standards, (...)
Aug 13, 2020

 

 
CHANGE
 
 
BCG: Romania needs more FDI to capitalise on its cheap labour force

Romania’s debt-to-GDP ratio surpasses 40% at end-Jun

Romania’s inflation rate rises to 2.8% in July

Romania’s industry shows signs of recovery in June

Builder Octagon Revenue Down to One Quarter of Previous Level in 2019

Inditex Sales Up 7% to RON1.8B in Romania in 2019

Protocol for supporting Romanian hotel industry to practice responsible tourism signed

Deutsche Telekom, Telekom Romania and Billie Eilish shine a light on Gen Z Tech Positivity

Israel’s Ambassador Saranga: Any one experiencing domestic violence must speak up and take action

Most events of this year’s edition of the Romanian Navy Day move online

GCS: Romania’s COVID-19 case count rises by 1.415 to 65.177

PNL’s Turcan accuses PSD of undermining “any efforts by doctors and authorities to fight against the pandemic”

Speaker Ciolacu: PSD to submit motion of censure against Gov’t on August 17

Iohannis: It is good that the August 10 case will be further investigated; I don’t do witch hunting

President Iohannis: If epidemic does not worsen, strict safety measures are on, elections can be held

PM Orban: Number of COVID-19 cases increased after CCR decision, overlapped with relaxation measures. Elections possible without increasing the risk of spreading the novel coronavirus

Supreme Court delays “August 10” rally case for a month due to exception of unconstitutionality

Iohannis: If epidemic does not worsen, strict safety measures are on, elections can be held

President Iohannis: Dear Romanians, wear mask, keep your distance, let’s overcome this epidemic

PM Orban: Gov’t has defended jobs during economic crisis triggered by COVID-19 epidemic

Eastern Romania: Smart waste bins installed in Iasi

Romania’s Social Democrats to file no-confidence motion against Liberal Govt. next week

PM Orban says elections possible without increasing risk of spreading virus

Romania reports more than 1,400 COVID-19 cases, a new single-day record

GCS: 7,381 people hospitalised with COVID-19; 485 in intensive care

GCS: Romania’s SARS-CoV-2 case count rises by 1,415 to 65,177

’August 10’ rally case delayed by Supreme Court for a month due to exception of unconstitutionality

Bucharest’s main airport starts EUR 22.7 mln upgrade works at runway 2

This year’s Romanian Navy Day celebrations move mainly online because of pandemic safety requirements

Alro Group Profit Triples in 1H/2020, to RON253.6M

Banksy’s documentary Exit Through the Gift Shop screened at drive-in cinema in Sibiu this weekend

Romania’s electricity consumption down 7.1 pct in H1, exports double

Teraplast Sells Former Factory Land to Real Estate Developer for EUR1.2M

Bucharest mayor proposes EUR 1,000 vouchers for recovered COVID-19 patients who donate plasma

AGERPRES launches free dedicated news stream LOCAL ELECTIONS 2020

Animax Pet Shop Chain Turnover Grows 20% in 2019, to RON175M

Ares Medical Centers Post Turnover of RON23.4M in 2019

Annual Inflation in Romania Grows to 2.8% in July

Romanian opposition continues to press Govt. to double child allowances

Romanian state owned medical supplies trader accused of misuse of funds

 

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