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Today Friday, March 27, 2015 in the Romanian Newspapers

Sources: ​Three paintings signed Picasso allegedly hidden along dozens of others, found by prosecutors in graft inquiry against former Romanian Finance minister Darius Valcov
Former Romanian Finance minister Darius Valcov, who is subject of a major corruption inquiry, is said to have hidden over 90 paintings, including three by Picasso, according to judicial sources quoted by one local news agency and one TV channel on Thursday. The allegations appear days after prosecutors said a stash of US dollars, bars of gold and paintings including one signed "Renoir", all appearing to belong to Valcov, had been (...) Mar 26, 2015
 


Former Minister Darius Valcov, under house arrest
Former Finance Minister Darius Valcov will be investigate under house arrest, the High Court of Cassation and Justice ruled on Tuesday. The decision is not definitive.
Mar 26, 2015

 
Unionist Platform Actiunea 2012: Celebrations dedicated to Basarabia's Union with Romania, at home and abroad
Romanians on both sides of the Pruth River and abroad will celebrate, at the end of this week, the anniversary of 97 years since the Union of Basarabia with Romania, during events initiated by the Unionist Platform Actiunea 2012.
Mar 26, 2015

 
ForMin Aurescu: Romania has attached special importance to enforcing ECHR decisions
Foreign Minister Bogdan Aurescu on Thursday took part in Brussels in a high-level conference on the implementation of the European Convention on Human Rights as a shared responsibility, where he said Romania has attached special importance to enforcing the decisions of the European Court of Human Rights (ECHR) that concern it .
Mar 26, 2015

 


           


Danish FirstFarms Generated EUR5M From Farms In Romania
Danish-held FirstFarms, one of the biggest Danish investors in Romania’s agricultural production, in 2014 generated revenue of EUR5 million, up 15% on the year, but saw gross profitability dwindle (...)

 
Debenhams Returns To Romania Under New Franchisee
British retailer Debenhams has returned to the Romanian market, under the same, franchise, system, after an almost two-year break, with a store in Vitan Mall. The new franchisee wants the average (...)

 
Accor: In Paris, Romania Is Seen As An El Dorado
Accor plans to buy several hotels in three key cities in Romania, a country the French see as interesting for investments also owing to the results of Renault’s Mioveni plant, says Laurent (...)

 
Bucharest City Hall Giant Bonds To Be Put Up For Sale In One Month
Preparations for the biggest leu-denominated bond offering on the local capital market have entered the finishing straight: the prospectus is almost ready and subscriptions are likely to start in (...)

 
SRI official: There are followers of Islamic State group in Romania
The Islamic State group leaves behind death, chaos and terror and is deemed to be the biggest terrorist threat of the moment. And it is driving closer to Europe and SRI says it has followers in (...)

 
Ex-minister Darius Valcov under house arrest
Former Finance Minister Darius Valcov will be investigate under house arrest, the High Court of Cassation and Justice  (ICCJ) ruled on Tuesday. The decision is not definitive. Former Finance (...)

 
Deutsche Telekom brings new player to Romania's contact center services market
E-value International SA, member of the OTE Group and Deutsche Telekom, and one of Southeastern Europe’s largest contact center outsourcing services providers, has launched operations in Romania. (...)

 
Iohannis, first acting president who attends official event at Peles Castle: The Royal Family represents not only an essential page in the history of our country but also a symbol of the values I admire
President Klaus Iohannis wrote on his Facebook page on Thursday about his presence at the official dinner offered by the Royal Family at the Peles Castle on the birthday of Princess Margareta, (...)

 
Adam1, first humanoid robot built by Romanian students to be be unveiled at the Infomatrix competition
Adam1, the first humanoid robot built by Romanian students, will be publicly presented for the first time at the national stage of the Infomatrix competition that starts on Friday. 155 young IT (...)

 
Iohannis asks Constitutional Court to settle institutional conflict sparked after ex-Minister Dan Sova's reprieve
The vote in Parliament on Wednesday by which DNA’s request to be allowed to detain and arrest PSD Senator Dan Sova was rejected has caused a wave of reactions both in the country and (...)

 
Leu Extends Decline Vs Euro, Nears 4.43 Units
The Romanian leu continued its decline against the euro in the second half of Thursday session, in line with the trend in the region.

 
Carpatica Wants To Resume Nextebank Merger Talks, Reduce Share Capital
Romanian lender Banca Comerciala Carpatica (BCC.RO) wants to resume talks with Nextebank on a potential merger and to reduce its losses by lowering its share capital by RON204.5 (...)

 
MP Birchall visits US, talks strategic partnership, Visa Waiver program in Washington DC
MP Ana Birchall of the Social Democratic Party (PSD), chair of the Committee on European Affairs of the Romanian Chamber of Deputies and high governmental representative for European affairs and (...)

 
Immochan To Invest EUR12M In Second Stage Of Coresi Development
Immochan, the real estate division of French group Auchan, will invest around EUR12 million in the next year in the second phase of the retail center Coresi in Brasov and in demolition works and (...)

 
Romania introduces penalties for failure to declare taxes
Individuals and companies that fail to declare the taxes they owe to the state will have to pay a “penalty for failure to declare” of 0.06% per day, if the amounts exceed RON 50 (EUR 11). The (...)

 
Carlyle Group pays USD 42 mln for Sterling's Romania Black Sea oil drill licenses
Canadian oil company Sterling Resources will sell its Romanian business to Carlyle International Energy Partners, an affiliate of The Carlyle Group, the company has announced. The transaction, (...)

 
Most banks in Romania prepared for new disclosure requirements (central bank)
The commercial banks operating in Romania are currently implementing the new disclosure and data release requirements of the third pillar of the Basel Agreements; the process began throughout (...)

 
Lidl Opens Its First Store This Year, In Capital Bucharest
German retailer Lidl will be opening next Thursday its first store this year, in capital city Bucharest, reaching a network of 185 units in Romania.

 
Auchan Opens 33 Hypermarket In Romania, In Coresi Shopping Center In Brasov
Auchan Romania is opening its 33rd hypermarket in the country Friday, in the Coresi shopping center in Brasov, developed by the French retailer's real estate division (...)

 
Buyers donate late Romanian dictator Ceausescu's Communist Party card to a museum
The Communist Party card that belonged to Romania’s late dictator Nicolae Ceausescu was recently sold at an auction organized by Artmark, for EUR 2,000.  The buyers, who didn’t want to reveal their (...)

 


H&M Launches Online Store In Romania
Most Romanians don't know what brands they want when shopping online
Belciu, PwC: Lower Taxes Will Boost Consumption If Prices Go Down
Leu Falls Vs Euro, Exchange Rate At 4.4208
Piggybacking on Romania's anti-corruption fight, new scam targets bank card (...)
Romania Sells RON1B Of 12-Month T-Bills At 1.62% Average Yield
GTC Sells Galleria Buzau Shopping Mall To Eurosting
Top Ten Hotels In Romania Up For Sale For A Total EUR120M, Study Shows
Carlyle Group Buys Sterling Resources' Romanian Oil&Gas Operations For $42.5M
H&M launches Romania online store
Local fire extinguisher producer buys local mall from GTC
19 Romanian companies at London Food&Drink Event
Romania 26th European country in terms of coffee consumption
Iohannis: The royal family, essential page in country's history, symbol of values I (...)
Issue of the Day : The ambassador's diversion
Raiffeisen Bank - net profit of EUR 113 M in 2014
Romania switches to Daylight Saving Time on night from Saturday to Sunday, timetable of trains, (...)
WWF-Romania: Blocking of Forest Code threatens forests and local communities in (...)
OPCOM: 20,440 green certificates traded in Q1 2015
High coffee prices keep market steady while Romanians drink less
PwC: Romania's Coffee Market Fell Slightly In 2014, To Nearly EUR420M
Young Romanian wants community work instead of taxes: "Authorities steal the money we (...)
The daily discrimination
EU pays for Romania's asylum, migration and integration programs
Austrian CA Immo cashes in EUR 33 mln in rents in Romania
Romanian IT solutions provider for retail targets EUR 100 mln turnover and new (...)
First mall opening in Romania this year: 150,000 visitors expected this weekend
Neil McGregor's view of the unrealistic Romania and his plan to bring in more (...)
Cash reaches historical EUR 9.4 bln peak in Romania
Orange and Huawei launch Wi-Fi Internet for the car in Romania
ForMin Aurescu highlights role of Moldovan Parliament in country's European (...)
RCS&RDS opens 8th Digi store in Bucharest
Financial analysts regain trust in Romanian economy
Electricity output goes up by 11% in Romania
Mohawk wants to buy Bulgarian KAI, also present in Romania
Bucharest metro operator wants to buy EUR 15 mln of electricity
US investment fund sells 19-hectare project in Romania
PM: Romania absorbs EUR 7.5 mln EU funds for agriculture
PNDR 2007-2013 to be the first programme in Romania to record almost 100 pct absorption (...)
Social contributions tax reduction in Romania delayed by a year

 
CHANGE
 
 
Most banks in Romania prepared for new disclosure requirements (central bank)

Lidl Opens Its First Store This Year, In Capital Bucharest

Auchan Opens 33 Hypermarket In Romania, In Coresi Shopping Center In Brasov

Buyers donate late Romanian dictator Ceausescu's Communist Party card to a museum

H&M Launches Online Store In Romania

Most Romanians don't know what brands they want when shopping online

Belciu, PwC: Lower Taxes Will Boost Consumption If Prices Go Down

Leu Falls Vs Euro, Exchange Rate At 4.4208

Piggybacking on Romania's anti-corruption fight, new scam targets bank card holders

Romania Sells RON1B Of 12-Month T-Bills At 1.62% Average Yield

GTC Sells Galleria Buzau Shopping Mall To Eurosting

Top Ten Hotels In Romania Up For Sale For A Total EUR120M, Study Shows

Carlyle Group Buys Sterling Resources' Romanian Oil&Gas Operations For $42.5M

H&M launches Romania online store

Local fire extinguisher producer buys local mall from GTC

19 Romanian companies at London Food&Drink Event

Romania 26th European country in terms of coffee consumption

Iohannis: The royal family, essential page in country's history, symbol of values I admire

Issue of the Day : The ambassador's diversion

Raiffeisen Bank - net profit of EUR 113 M in 2014

Romania switches to Daylight Saving Time on night from Saturday to Sunday, timetable of trains, unchanged

WWF-Romania: Blocking of Forest Code threatens forests and local communities in Romania

OPCOM: 20,440 green certificates traded in Q1 2015

High coffee prices keep market steady while Romanians drink less

PwC: Romania's Coffee Market Fell Slightly In 2014, To Nearly EUR420M

Young Romanian wants community work instead of taxes: "Authorities steal the money we pay!"

The daily discrimination

EU pays for Romania's asylum, migration and integration programs

Austrian CA Immo cashes in EUR 33 mln in rents in Romania

Romanian IT solutions provider for retail targets EUR 100 mln turnover and new markets

First mall opening in Romania this year: 150,000 visitors expected this weekend

Neil McGregor's view of the unrealistic Romania and his plan to bring in more tourists

Cash reaches historical EUR 9.4 bln peak in Romania

Orange and Huawei launch Wi-Fi Internet for the car in Romania

ForMin Aurescu highlights role of Moldovan Parliament in country's European course

RCS&RDS opens 8th Digi store in Bucharest

Financial analysts regain trust in Romanian economy

Electricity output goes up by 11% in Romania

Mohawk wants to buy Bulgarian KAI, also present in Romania

Bucharest metro operator wants to buy EUR 15 mln of electricity

 

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