Today Friday, February 22, 2019 in the Romanian Newspapers

​Romanian magistrates in unprecedented wave of protests against changes to Justice laws Romanian magistrates across the country on Friday launched a series of protests against a recent emergency ordinance by which the government introduced a series of unannounced changes to the laws of justice. The protests, which are due to continue next week and include organised suspensions of activity, are warning that the independence of Romanian judiciary is threatened for political (...) Feb 22, 2019

UDMR to have its own candidate for presidential elections The Hungarian Democratic Union of Romania (UDMR) chairman Kelemen Hunor said on Friday, before the start of the Union's Congress, that his party will have its own candidate for (...) Feb 22, 2019   Cecilia Malmstrom: Swift action needed for WTO not to fall apart The World Trade Organization (WTO) is in a difficult situation at the moment, and swift action is needed for this entity not to fall apart, Cecilia Malmstrom, European Commissioner for Trade told (...) Feb 22, 2019   DNA stocktaking report: In 2018, cases worth EUR 412 million in damages sent to court Interim chief prosecutor of the National Anti-corruption Directorate (DNA) Calin Nistor said on Friday at the presentation of the institution's stocktaking report that in 2018, DNA has (...) Feb 22, 2019   Romania Fuel Prices, Taxes Excluded, Above EU Average Romania’s petrol and diesel prices, taxes excluded, currently exceed the European Union average and are higher than prices in 15 EU countries, among which Austria, Finland, Germany, UK, Bulgaria (...) Feb 22, 2019   President Challenges 2019 Budget At Constitutional Court Romanian President Klaus Iohannis challenged the 2019 budget bill at the Constitutional Court on Friday, calling it a "budget of national shame" and criticizing the country's Government for (...) Feb 22, 2019   Telekom Romania Stops Using Orange's 4G Network Telekom Romania has terminated a contracts that allowed it to use Orange's 4G network as the two telecom operators failed to reach an agreement to continue cooperating on this segment, Telekom (...) Feb 22, 2019   Mulberry Development CEO Designated 2018 Entrepreneur of the Year by EY Ovidiu Sandor, CEO of real estate developer Mulberry Development, was designated the winner of the EY Entrepreneur Of The Year – Romania 2018 competition out of 43 (...) Feb 22, 2019   Mulberry Development CEO Designated 2018 Entrepreneur of the Year by EY Ovidiu Sandor, CEO of real estate developer Mulberry Development, was designated the winner of the EY Entrepreneur Of The Year – Romania 2018 competition out of 43 (...) Feb 22, 2019   UPDATE Iohannis calls 2019 national budget budget of national disgrace, vows to refer it to court President Klaus Iohannis on Friday says he will refer the 2019 budget draft bill to the Constitutional Court of Romania (CCR). "There are, unfortunately, unconstitutionality aspects in this (...) Feb 22, 2019   Iohannis calls 2019 national budget budget of national disgrace, vows to refer it to court President Klaus Iohannis on Friday says he will refer the 2019 budget draft bill to the Constitutional Court of Romania (CCR). "I will refer today to the CCR the 2019 budget, the budget of (...) Feb 22, 2019   Farmaceutica Remedia 2018 Consolidated Sales Up 32% On Year To RON463M Farmaceutica Remedia Deva (RMAH.RO), which operates a 100-pharmacy chain, registered consolidated sales of RON463 million in 2018, up 32% year-on-year, with the retail segment generating RON96 (...) Feb 22, 2019   New development, transport minister sworn in office Social Democrats Daniel Suciu and Razvan Cuc on Friday were sworn in office as deputy prime minister and minister of regional development and public administration, and minister of transport, (...) Feb 22, 2019   Engie Romania Acquires Gazprom’s Shares In Natural Gas Distributor Wirom ENGIE Romania has acquired the shares held by Gazprom Schweiz AG and its subsidiaries in natural gas services supplier and distributor Wirom, which operates in southern (...) Feb 22, 2019   Press Review - February 22, 2019 Feb 22, 2019   PM Dancila talks with Germany’s Federal EcoMin Altmaier about public-private partnership projects Prime Minister Viorica Dancila met with Germany's Federal Minister for Economic Affairs and Energy Peter Altmaier, with the two officials discussing about the economic relations between (...) Feb 22, 2019   Builder CON-A Sees Decline in Revenue in 2018 Sibiu-based builder CON-A held by entrepreneur Mircea Bulboaca saw its revenue shrink by almost 25% to EUR97 million in 2018. The decline came after a 2017 when CON-A had become the largest (...) Feb 22, 2019   PORR Construct to Invest EUR100M in Two Hotels in Bucharest with Two Partners Austria’s PORR Construct plans to enter the hotel market in Bucharest along with two partners and build two new four-star hotels as business travel is on the (...) Feb 22, 2019   President Iohannis signs decrees appointing two ministers President Klaus Iohannis signed on Thursday decrees appointing Vasile Daniel Suciu deputy prime minister and minister of regional development and public administration and Alexandru-Razvan Cuc (...) Feb 22, 2019   Pharmaceutical Retail and Wholesale Group Fildas Sees EUR1.6B Revenue In 2018 The Fildas group, which includes the retail pharmacy chain Catena, the largest actor on the pharmaceutical retail market and pharmaceutical wholesaler Fildas Trading, posted more than EUR1.6 (...) Feb 21, 2019   #Romania2019.eu/Malmstrom: Should WTO collapse, there would be catastrophic consequences in economy The World Trade Organization (WTO) needs to be reformed urgently and needs to be strengthened, because at present it is incapable of making decisions, European Commissioner for Trade Cecilia (...) Feb 21, 2019   #Romania2019.eu/ Meeting of Joint Parliamentary Scrutiny Group on Europol, on 24, 25 February in Bucharest The meeting of the Joint Parliamentary Scrutiny Group (JPSG) on Europol is to take place on 24 and 25 February in Bucharest, in the context of the parliamentary dimension of the Romanian (...) Feb 21, 2019   PSD: As of today, Iohannis’ electoral campaign, to cost 6.9 million euro per day The Social Democrats argue that "starting today" President Klaus Iohannis' campaign will cost Romania 6.9 million euro a day, representing European funds not absorbed by the (...) Feb 21, 2019   Tourism is priority sector, current Government has taken concrete steps Tourism is a priority sector in Romania, and the current Government has taken concrete steps that have led to its substantial growth, Deputy Prime Minister Viorel Stefan said on Thursday at the (...) Feb 21, 2019   Romania Raises RON410M Selling June 2023 Bonds at 4.27% Average Yield Romania's finance ministry on Thursday raised 410 million lei (EUR86.2 million), more than its initial plan for RON300 million, selling treasury bonds maturing in June 2023 at an average yield of (...) Feb 21, 2019   Euler Hermes: Romania Construction Sector Sees Third Consecutive Year Of Decline In 2018 Romania’s construction sector registered in 2018 the third consecutive year of decline, with a decrease of 4%, and the residential construction segment saw the biggest decline, of 25%, according (...) Feb 21, 2019   Patria Credit Posts EUR900,000 Net Profit in 2018 Patria Credit, the non-banking financial institution owned by Patria Bank Group, which funds farmers and micro-enterprises, on Thursday said it had a net profit of EUR900,000 in 2018 and its loan (...) Feb 21, 2019   President Iohannis to meet Egyptian counterpart Romania's President Klaus Iohannis will hold consultations with his Egyptian counterpart Abdel Fattah El-Sisi on the side-lines of the EU-League of Arab States Summit, to be held in Sharm (...) Feb 21, 2019   Third Consecutive Day Of Growth For Three-Month Money Market Rate The three-month money market interest rate used to calculate interests for consumer loans in lei, grew to 3.28% a year on Thursday, from 3.25% a year on Wednesday, central bank data (...) Feb 21, 2019   JusMin Toader to start appointment procedure for new Prosecutor General Justice Minister Tudorel Toader announced on Thursday that he will start the appointment procedure for the new Prosecutor General of Romania. "I will go to the Ministry and start the (...) Feb 21, 2019   Minister Intotero meets representatives of Brisbane’s Romanian community The Minister for Romanians Abroad Natalia-Elena Intotero had a meeting with representatives of the Romanian community of Brisbane, Australia, who indicated their interest in keeping cultural and (...) Feb 21, 2019   Cora CEO Denies Rumors of Plans to Sell Romanian Operations French hypermarket chain Cora will remain in Romania and will continue to expand on the local market, Cora Romania CEO develop Thierry Destailleur said Thursday, dismissing rumors of a potential (...) Feb 21, 2019   Patria Bank Switches To RON495,000 Profit In 2018 Vs RON42M Loss In 2017 Lender Patria Bank (PBK.RO) ended 2018 with a profit of RON495,000, compared with a loss of RON42 million in 2017, after the lender registered a combined profit of RON23.7 million in the third (...) Feb 21, 2019   Top Brands Supplying Home Appliances to Romanian Consumers: Arctic, Samsung and Philips Romanians spent EUR890 million on home appliances last year and almost 75% of the money went to cooking appliances, washing machines and refrigerators, that is large home (...) Feb 21, 2019