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Today Monday, August 21, 2017 in the Romanian Newspapers



Bucharest's District 1 allots EUR 1 million to twin city Chisinau
The Local Council of the Romanian capital’s District 1 will allot EUR 1 million by the end of the year to help the Municipal Council of Chisinau, the capital of Moldova, Mediafax reported. The announcement was made by District 1 mayor Dan Tudorache during a conference on the themes of the Great (...) Aug 21, 2017
 





Romania may set up "beach police"
Those who go out to swim in the sea despite the lifeguards’ warnings could be sanctioned by a so-called “beach police” in Romania. The medical staff at the first aid points installed on the Romanian (...)
Aug 21, 2017

 
King Michael of Romania's grandson will get married next year
Nicolae Medforth-Mills, the grandson of King Michael of Romania, will get married next summer with Romanian Alina-Maria Binder. The two have been engaged since July this year, when the King’s (...)
Aug 21, 2017

 
New passport service center opens at Bucharest mall
The new headquarters of the Bucharest Passport Service opened on Monday, August 21, at the Plaza Romania mall in the capital. The new office is located at the second floor of the shopping mall. (...)
Aug 21, 2017

 



Romanian MPs worked only 59 days this year
The Romanian deputies and senators have worked a total of only 59 days since taking over the office, reports local Adevarul. Romania organized parliamentary elections on December 11, 2016. (...)
Aug 21, 2017

 
Romania's public television broadcasts total solar eclipse
Today’s total solar eclipse, the most important astronomical event of the year, will be broadcast live in Romania by the public television TVR. Apart from the fact that they will take part in the (...)
Aug 21, 2017

 
Romania's Simona Halep misses No.1 spot once again
Romania’s tennis ace Simona Halep was one match win away from the number 1 position in the WTA ranking of best women’s tennis players in the world, but she once again missed the chance after losing (...)
Aug 21, 2017

 
Central Romania city gathers over 200 artists for medieval festival
The 17th edition of the Transylvanian Fortresses festival takes place in Sibiu, in Central Romania, between August 25 and August 27. Over 200 artists from Romania, Hungary, Bulgaria, Serbia and (...)
Aug 21, 2017

 
Romania's second US missile system purchase, pending Congress approval
The US State Department has finished evaluating a potential sale of a High Mobility Artillery Rocket System (HIMARS) to Romania on August 17. It has also notified the US Congress, which needs to (...)
Aug 21, 2017

 
Director of state-owned Romanian airline resigns before company performance checks
Eugen Davidoiu, the general manager of the state-owned Romanian airline Tarom, resigned this Monday, August 21, according to sources quoted by News.ro. He was appointed to this post in February (...)
Aug 21, 2017

 
Romania Sells RON487.4M Of Feb 2025 Bonds at 3.59% Average Yield
Romania's finance ministry on Monday raised a higher than planned 487.4 million lei (EUR106.23 million) selling treasury bonds maturing in February 2025 at an average yield of 3.59%, central bank (...)
Aug 21, 2017

 
Antitrust Body Looks Into Politub Acquisition by Teraplast
Romania's Competition Council on Monday said it was looking into Teraplast's acquisition of 49.99% of Politub from France's New Socotub.
Aug 21, 2017

 
AFI Europe Romania Net Operating Income Up 11.5%, to EUR24.7M in 1H/2017
Property developer AFI Europe Romania registered a net operating income of EUR24.7 million in the first six months, 11.5% higher than in the same period last (...)
Aug 21, 2017

 
Polish Group Orbis To Open New ibis Styles Hotel In Northern Bucharest
Polish hotel group Orbis Group, the Eastern European partner of French group AccorHotels, has signed a management contract with local company Constructii Erbasu S.A. for an ibis Styles hotel in (...)
Aug 21, 2017

 
Urgent Cargus Gets RON134M Syndicated Loan From BCR And OTP Bank
Parcel delivery firm Urgent Cargus has received a club deal-type syndicated loan of RON134 million from lenders BCR and OTP Bank Romania, which will be used for its development, Banca Comerciala (...)
Aug 21, 2017

 
PM Tudose: Economic growth belongs to Romania; it is not about individual matches
Economic growth “belongs to” Romania, Prime Minister Mihai Tudose said on Sunday, adding that in this field one cannot talk about “individual matches”. Asked by Antena 3 private broadcaster about how (...)
Aug 21, 2017

 
Over 450,000 Sqm Of Logistics And Industrial Space Expected To Be Delivered By End-2017
Over 450,000 square meters of logistics and industrial space are expected to be delivered by the end of 2017, more than half of it in capital Bucharest, according to data from real estate (...)
Aug 21, 2017

 
TAROM Director resigns (sources)
Director General of TAROM Eugen Davidoiu resigned from office, governmental sources told AGERPRES on Monday morning. According to the said sources, PM Tudose talked about the situation at TAROM (...)
Aug 21, 2017

 
Tudose, Tariceanu, Dragnea sign condolence book at Spanish Embassy
Prime Minister Mihai Tudose (photo) signed on Monday the condolence book opened at the Spanish Embassy in Bucharest in memory of last week’s victims of terror attacks in northeastern Spain. The (...)
Aug 21, 2017

 
PM Tudose tours new Passport Service hdqtrs. : A modern space; finally, a sign of civilisation
Prime Minister Mihai Tudose on Monday morning visited the new headquarters of the Passport Service at the Plaza Romania shopping center in Bucharest, calling the new space as a modern one. “We (...)
Aug 21, 2017

 
Tarom General Manager Resigns Amid Accusations Of Mismanagement
The general manager of state-run airline Tarom, Eugen Davidoiu, has submitted his resignation Monday morning after Prime Minister Mihai Tudose blasted his mismanagement at the latest government (...)
Aug 21, 2017

 
Prisons in Romania to be exempt from tax on profit from convict labor
Prisons in Romania will be exempt from the profit tax and the VAT on their income from work they carry out with detainees, according to a draft project cited by local Profit.ro. Authorities said (...)
Aug 21, 2017

 
Romania's Govt. postpones split VAT mechanism
The mandatory split VAT payment system will be postponed for three months and will enter into force on January 1, 2018 instead of October 1, 2017, as previously decided. The Government made this (...)
Aug 21, 2017

 
Romania is Adobe's largest R&D center in Europe
Adobe Romania, the local subsidiary of the US software producer Adobe, has become the group’s largest R&D center in Europe. The company plans to increase its turnover by over 8% this year to (...)
Aug 21, 2017

 
Mega Image opens two new supermarkets in Cluj, Mamaia
Belgian-Dutch retailer Mega Image has opened its second supermarket in Cluj-Napoca, as well as its first supermarket in the seaside resort of Mamaia, in Constanta county. In addition, the (...)
Aug 21, 2017

 
German group buys stake in Romanian industrial equipment producer
German group Systec has acquired a 7% stake in the Targu Mures-based company AAGES, which produces industrial equipment. Systec aims to own a 10% stake in the Romanian company, according to (...)
Aug 21, 2017

 
EU gives EUR 60 mln to train Romanian entrepreneurs
Romanian entrepreneurs and managers will be able to take part in business and management trainings as part of European projects with a total value of EUR 60 million. At least 18,000 people could (...)
Aug 21, 2017

 
Romania: Abuse of office convicts could lose their fortunes
People sentenced with abuse of office, conflict of interest or embezzlement will lose all the wealth acquired during the last five years before the court’s decision if they had obtained material (...)
Aug 21, 2017

 
Drivers could have their car registration temporarily suspended in Romania
Romanian drivers’ car registrations can get temporarily suspended, according to an emergency ordinance the Government approved on Friday, August 18. The bill amends the Road Code. The code’s (...)
Aug 21, 2017

 
US company buys factory in Western Romania
US group Standex International Corporation, which is active in the food, engraving, technology, hydraulics and electronics industry, has acquired the local subsidiary of the Italian company (...)
Aug 21, 2017

 
EUR 34 mln for metro line extension in Northern Bucharest
The project extending the metro line 4 between the Bazilescu park and the Straulesti neighborhood in Northern Bucharest will receive a EUR 34.2 million financing for its second stage. The money (...)
Aug 21, 2017

 
Over 100 million card transactions in Romania in six months
The number of card transactions at POS terminals reached 101 million in Romania in the first six months of the year, up 29% year-on-year, reports local Wall-street.ro. The value of these (...)
Aug 21, 2017

 
Romania's Govt. plans to buy four multilevel warships with EUR 1.6 bln
Romania’s Defense Ministry has put into public debate the new draft project on acquiring four multilevel corvettes, or small warships. The bill provides that the Government will acquire the four (...)
Aug 21, 2017

 
Vacant jobs in Romania reach maximum level after 2008
The number of vacant jobs in Romania increased by 12.3% in the second quarter of the year compared to the same period last year, reaching 64,125, the maximum level after 2008. Job vacancies are (...)
Aug 21, 2017

 

 
CHANGE
 
 
Tarom General Manager Resigns Amid Accusations Of Mismanagement

Prisons in Romania to be exempt from tax on profit from convict labor

Romania's Govt. postpones split VAT mechanism

Romania is Adobe's largest R&D center in Europe

Mega Image opens two new supermarkets in Cluj, Mamaia

German group buys stake in Romanian industrial equipment producer

EU gives EUR 60 mln to train Romanian entrepreneurs

Romania: Abuse of office convicts could lose their fortunes

Drivers could have their car registration temporarily suspended in Romania

US company buys factory in Western Romania

EUR 34 mln for metro line extension in Northern Bucharest

Over 100 million card transactions in Romania in six months

Romania's Govt. plans to buy four multilevel warships with EUR 1.6 bln

Vacant jobs in Romania reach maximum level after 2008

Romanian anti-drug intelligence major detained for drug trafficking

French President visits Romania

Press Review - August 21, 2017

Three Or Four Investors Looking At Bitdefender

Baneasa Shopping City, AFI And Mega Mall Account For Half Of Top Ten Mall Revenues In Bucharest

Romania's Footwear Exports Down To Decade Low

Elbit Puts Radisson Blu Hotel In Bucharest Up For Sale

Tarom, National Investment Company under magnifying glass as of Monday by Premier's Control Body

EUR one million for Chisinau, to be granted by Bucharest's District 1 Municipality

Liberal's national leader Orban: Current Gov't is sharing resources it doesn't have

Israeli investors, close to selling the biggest hotel complex in Bucharest

Secretary of State Dusa: Romania is a full member of the most powerful alliances in the world

ForMin Melescanu: Romania remains devoted to the principles underlaying humanitarian action

Impact Developer&Contractor Allots RON10.5M For Share Repurchase, Equivalent Of 2.5% Of Capital

Businessman Tiriac: The National Bank took over BNR Arenas illegally in 1991

Raed Arafat on World Humanitarian Day: People who help vulnerable people should not be target

INSP: Romania reports 8,803 confirmed measles cases, 32 fatalities

PM Tudose congratulates FinMin for tax agency's topping collection plan

Mandatory Private Pension Funds Had 6.9 Mln Participants, RON37B Assets End-July 2017

MAE: Two Romanians injured in Barcelona terror attack discharged from hospital; a third is stable. President Iohannis sends condolences to Spain's King Felipe VI

Tel Drum SA, representatives Pitis, Visan prosecuted

Increased cost of living and the economy's evolution, the Romanians' main concerns in 2017

Romania Sees Steepest Annual Decline In Construction Production In EU In June 2017

Bulgarian, Cypriot arrested in Romania in migrant smuggling case

Bucharest Falls Nine Spots To 181st In Ranking Of Most Expensive Cities For Expats

Prosecutors detain three people for selling ecstasy in Romanian seaside clubs

 

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