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Today Wednesday, July 18, 2018 in the Romanian Newspapers



Law establishing Sovereign Fund for Development and Investments declared unconstitutional by CCR. Court says the Law breaches principle of separation of powers, Parliament role
The Constitutional Court of Romania (CCR) admitted, on Wednesday, the constitutionality challenges formulated by President Klaus Iohannis, the National Liberal Party (PNL), the Save Romania Union (USR) and the People’s Movement Party regarding the establishment of the Sovereign Fund for (...) Jul 18, 2018
 





British journalist: Donald Trump would probably end up in jail for this in Romania
US President Donald Trump would probably face state prosecution and end up in jail, if he were in Romania, a British journalist wrote on Twitter commenting a news piece that reveals the US (...)
Jul 18, 2018

 
PM Dancila, Austrian ForMin Kneissl reconfim joint will to cooperate in European Affairs area
Prime Minister Viorica Dancila welcomed on Wednesday at the Victoria Palace Austria's Federal Minister for Europe, Integration and Foreign Affairs Karin Kneissl, who is paying a visit to (...)
Jul 18, 2018

 
19th edition of “Enescu and the Music of the World” International Festival to kick off in Sinaia on July 24
Since 1999 until today, the International Festival “Enescu si muzica lumii” (“Enescu and the Music of the World” – e.n.) suggests a more and more complex program for those who spend their summer (...)
Jul 18, 2018

 



AG Lazar meets Germany’s Roth, worried about changes to criminal law
Romania's Attorney General Augustin Lazar had a meeting with visiting State Minister for European Affairs of the German Federal Foreign Office Michael Roth, who voiced concern over recent (...)
Jul 18, 2018

 
Karin Kneissel, Republic of Austria’s Federal Minister for Europe, Integration and Foreign Affairs, pays official visit to Bucharest. ForMin Melescanu: Economic relations with Austria solid, yet have untapped potential. Austria and Romania’s successive takeover of the Presidency of the Council of the EU, on agenda of talks between President Iohannis and ForMin Karin Kneissel. PM Dancila, Austrian ForMin Kneissl reconfim joint will to cooperate in European Affairs area
Minister of Foreign Affairs Teodor Melescanu declared Wednesday, during his meeting with the Republic of Austria’s Federal Minister for Europe, Integration and Foreign Affairs Karin Kneissel, that (...)
Jul 18, 2018

 
Negrescu: Romania and Ireland support project to strengthen European design, a union closer to its citizens
Romania and Ireland support the project to strengthen the European design, focusing on a European Union that is closer to its citizens, Romania's Minister-delegate for European Affairs (...)
Jul 18, 2018

 
Queen Elizabeth II to decorate Romanian hero who fought terrorists in London
Romanian baker Florin Morariu, who became Britain’s hero in the summer of 2017 after fighting the terrorists who were stabbing people in London, will be decorated by Queen Elizabeth II, local (...)
Jul 18, 2018

 
Association: One in five Romanians shop at traditional markets
Only 20% of Romanians prefer to buy constantly from traditional markets, Teodor Birţ, the president of the Association of Romanian Markets Administrators (AAPR), said, quoted by Agerpres. The (...)
Jul 18, 2018

 
French theater company performs at Romania’s Bran Castle
French company Procédé Zèbre will bring their new show A L’aurore des Dictateurs/In Zorii Dictatorilor at the Bran Castle in Romania, also known as Dracula’s Castle, as part of the “Nocturnele (...)
Jul 18, 2018

 
Eurostat: Romania Posts Highest Annual Inflation Rate In The EU, Of 4.7%, In June 2018
Romania ranks first in the European Union regarding the annual inflation rate in June 2018, seeing an increase of 4.7% in the Harmonised Index of Consumer Prices (HICP), Eurostat, the statistical (...)
Jul 18, 2018

 
President Iohannis, Austrian ForMin discuss consolidation of bilateral cooperation
President Klaus Iohannis on Wednesday welcomed Austria's Federal Minister for Europe, Integration and Foreign Affairs Karin Kneissl, with whom he discussed the consolidation and (...)
Jul 18, 2018

 
Constitutional Court: Same-sex spouses have the right to reside freely in Romania
Romania’s Constitutional Court (CCR) ruled on Wednesday, July 18, that the same-sex married couples have the right to move and reside freely in Romania if one of the spouses is a EU citizen. (...)
Jul 18, 2018

 
Romania’s digital library project gets EUR 11 million financing
The project of Romania’s digital library has a budget of RON 53.2 million (EUR 11.4) and is financed through the Competitiveness Operational Program, the Culture Ministry announced. The digital (...)
Jul 18, 2018

 
GfK: Romanians, Most Pessimistic Europeans About Domestic Economic Perspectives
Romanians are the most pessimistic Europeans about the domestic economic perspectives, as the expectations regarding the future kept falling in the second quarter of 2018, to the lowest level (...)
Jul 18, 2018

 
Local publishing house brings new books by Michelle and Barack Obama to Romania
Local Litera Publishing House announced it would publish in Romanian the new books written by former US President Barack Obama and former first lady Michelle Obama. Michelle Obama’s long-awaited (...)
Jul 18, 2018

 
Colliers: Real Estate Investments Up 18% To Over EUR400M In 1H/2018, Most Of Which In Bucharest
The volume of real estate investments increased 18% year-on-year in the first half of 2018, to nearly EUR400 million, with the bulk of projects being concentrated in capital Bucharest, according (...)
Jul 18, 2018

 
Romanian online travel agency Vola.ro expects 30% business increase this year
Romanian online travel agency Vola.ro expects to increase its sales volume by 30% this year, to EUR 80 million. The growth will be supported by investments in marketing and technology and by the (...)
Jul 18, 2018

 
Government: PM Dancila discusses with President Iohannis on Romania’s presidency of EU Council
On Wednesday, Premier Viorica Dancila and President Klaus Iohannis discussed, at the Cotroceni Presidential Palace, the stage of the preparations for Romania’s takeover of the Presidency of the (...)
Jul 18, 2018

 
Rescue underway after Polish tourist falls in mountain ravine in central Romania
A rescue operation is underway in central Romania’s Făgăraş mountains after a Polish tourist fell into a ravine, in between the Serbota peak and the Negoiu cabin. The tourist is a 34-year-old woman. (...)
Jul 18, 2018

 
First stork nests discovered in Bucharest
Two nests of white storks were recently discovered in Bucharest, according to the Romanian Ornithological Society (SOR). It’s the first time when stork nests are found in the capital. A user of (...)
Jul 18, 2018

 
Nuclearelectrica Seeks to Complete Talks with China Nuclear Power Corp This Year
Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) seeks to complete negotiations with China General Nuclear Power Corporation by the end of this year and to set up a joint-venture (...)
Jul 18, 2018

 
Three-Month Money Market Rate Rises Slightly To 3.37%
The 3-month money market interest rate used to calculate interests for consumer loans in lei increased slightly on Wednesday, at 3.37% a year, from 3.35% a year on Tuesday, central bank data (...)
Jul 18, 2018

 
Fair at Bucharest’s Village Museum marks Saint Ilie celebration
The Dimitrie Gusti Village Museum in Bucharest will host on July 21 and July 22 a fair marking the Saint Ilie celebration. The saint, considered the patron of summer, among others, is celebrated (...)
Jul 18, 2018

 
Eurostat: Over 38% of Romanians at risk of poverty or social exclusion
More than a third of Romania’s population (38.8%) was at risk of poverty or social exclusion in 2016, the share being much higher than the EU average of 23.5%, according to data from the European (...)
Jul 18, 2018

 
Helsinki – 16 July 2018
No matter what the talk about today’s hierarchy of power is – the GDP rankings, the global power rankings based on various indicators, etc. – nobody can deny an overwhelming fact for the (...)
Jul 18, 2018

 
CBRE: Outsourced Project Management Services Market Seen Growing Over 20%
The development of the local real estate market and demand from companies renting offices have fueled the project management services market and real estate consultants estimate the market will (...)
Jul 18, 2018

 
Green Group to install selective collection systems for recyclable waste in Bucharest
Green Group has received approval from the general mayor of Bucharest to install the first five systems of selective collection for recyclable waste in the capital, local Profit.ro reported. (...)
Jul 18, 2018

 
Swedish embassy in Bucharest reacts to fake news in local media
The Embassy of Sweden in Bucharest has reacted in a Facebook post to several reports on the removal from its YouTube account of a video related to the former head of the Anticorruption (...)
Jul 18, 2018

 
(P) Tickets available: Extraordinary recitals & concerts await in September at the Enescu Competition 2018
Tickets to the 2018“George Enescu” International Competition (1-23 September, Bucharest) are available in the Eventim network (Germanos, Orange stores, Carrefour, Humanitas and Cărturești bookstores (...)
Jul 18, 2018

 
Monza Hospital in Romania invests EUR 3 mln in new surgery robot
Monza Hospital, the biggest cardiovascular surgery hospital in Romania, has invested EUR 3 million in a new surgery robot, da Vinci Xi. In 2017, the hospital paid EUR 2 million for another Vinci (...)
Jul 18, 2018

 
Romania’s borrowing costs are higher than Serbia’s
Investors have been demanding higher yields from the Romanian state and the interest rates on the short-term loans, of up to one year, have increased 3 to 6 times in the last 12 months due to the (...)
Jul 18, 2018

 
EIA: Biggest timber producer in Romania continues to use logs from national parks
Austrian timber giant Holzindustrie Schweighofer is still sourcing timber from Romania’s national parks, despite public pledges that it stopped such operations, according to a new investigation by (...)
Jul 18, 2018

 
Romanian investors, last in the region for investments abroad
Romania is last among the countries in the region for the foreign direct investments made abroad. Romanian investments abroad were only EUR 737 million at the end of last year, lower than those (...)
Jul 18, 2018

 

 
CHANGE
 
 
CBRE: Outsourced Project Management Services Market Seen Growing Over 20%

Green Group to install selective collection systems for recyclable waste in Bucharest

Swedish embassy in Bucharest reacts to fake news in local media

(P) Tickets available: Extraordinary recitals & concerts await in September at the Enescu Competition 2018

Monza Hospital in Romania invests EUR 3 mln in new surgery robot

Romania’s borrowing costs are higher than Serbia’s

EIA: Biggest timber producer in Romania continues to use logs from national parks

Romanian investors, last in the region for investments abroad

Two Romanians manage one of the hottest AI startups in London

Telekom Romania makes two important changes in the management team

Romanian actors join civic initiative to ban convicted people from public office

Constitutional Court takes up Opposition constitutionality objection over statutes of elected officials

Romania’s Interior Ministry will buy helicopters and flight simulators

Secom Plans EUR3.3 Million Investments For 2018

Romania is half-way from Hungary, Poland in terms of companies with 1M euro turnover per 1M inhabitants (INACO)

Romanian Govt. approves ordinance to encourage recycling

Firea presents in a new video the achievements in the social field: Granting incentives for forming families, for marriage celebrations or for children and adults with disabilities

PNL House lawmaker: Offshore Law cannot be modified through GEO because it is not yet promulgated

23 Of First 100 Companies Set Up In Romania After 1989 Are Still In Business

Romania’s Govt. prepares tax amnesty this year

Press Review - July 18, 2018

Profi Expects 25% Growth In H2

TRANS OIL Group from the Republic of Moldova has taken a loan of USD 240 million from an international consortium

PM Dancila invited at Cotroceni against backdrop of rumours about GEO on pardoning and amnesty

US Ambassador, FBI legal attache meet DNA head to discuss law enforcement co-operation

EIA reports Schweighofer continues to source timber from Romanian national parks; company denies wrongdoing

INTERVIEW Austrian ForMin Kneissl: We hope Romania will address concerns over criminal law changes

ForMin Melescanu attends EU-CELAC ministerial meeting, highlights need to implement Paris Agreement

Romanian Ambassador in Washington, House Intelligence Committee chairman discuss anti-missile defence benefits

At EU-CELAC ministerial meeting, ForMin Melescanu highlights need to implement Paris Agreement

Team Romania for the Invictus Games in Sydney to be formed up of 15 military personnel

Study: 6/10 Romanians Work Remotely At Least Once a Week

Eurostat: Over 38% of Romanians Are at Risk of Poverty and Social Exclusion

Gov’t sitting. PM Dancila: MAI will add to Aviation Inspectorate General acquisitions 22 helicopters, one flight simulator

Romania’s Foreign Ministry takes steps with Libyan central, local authorities to find abducted Romanian

Negrescu: Cooperation with Germany in European affairs area can strengthen Romania’s position inside EU

Vola.ro 1H/2018 Turnover up 18.5%, to EUR4.2M

Putin-Trump meeting touches on American antimissile defense system

EIA reports Schweighofer continues to source timber from Romanian national parks; company denies wrongdoing

Peasant Museum in Bucharest hosts Saint Ilie fair

 

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