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Today Sunday, June 16, 2019 in the Romanian Newspapers



Over 241,000 new and second-hand vehicle registrations between January-May 2019 in Romania
The number of new and second-hand vehicle registrations in Romania reached 241,629 units in the first five months of 2019, out of which over 184,000 units were second-hand, according to the statistics with the Driving Licences and Vehicle Registration Directorate (DRPCIV), researched by AGERPRES. According to the data, between January and May 2019, the car registrations dropped by 1.31 percent compared to the same period of the last year. As (...) Jun 16, 2019
 





Meteorologists continue to issue Code Orange advisories of torrential rain,storms,hail;localities of nine counties under the warning
The meteorologists continue to issue Code Orange advisories of torrential rain showers, storms and hail, with the last six warnings valid within the next hour for the localities of the following (...)
Jun 16, 2019

 
ForMin Melescanu to attend FAC meeting on Monday; meeting agenda includes situation in the Republic of Moldova
Foreign Affairs Minister Teodor Melescanu will participate on Monday, 17 June, in the meeting of the Foreign Affairs Council (FAC) in Luxembourg, whose agenda also includes the situation in the (...)
Jun 16, 2019

 
Code Yellow of torrential rain, storms, hail in 32 counties, until 22:00hrs;heat discomfort in western, southern regions
The National Meteorological Administration (ANM) issued on Sunday a Code Yellow warning for torrential rain showers, storms and hail valid throughout this day in 32 counties, as well as an (...)
Jun 16, 2019

 



PM Dancila sends congratulation, support message for Moldovan PM Sandu and invites her to Bucharest
Prime Minister Viorica Dancila conveyed to Prime Minister of the Republic of Molodva Maia Sandu a congratulation message, on behalf of Romania's Government, for taking over the Prime (...)
Jun 16, 2019

 
Commissioner Corina Cretu: About 111 bn euro worth of allocations to EU urban areas between 2014 - 2020
Allocations to EU urban areas between 2014 and 2020 amount to approximately 111 billion euro, Commissioner for Regional Policy Corina Cretu on Friday told a press conference delivered jointly (...)
Jun 14, 2019

 
Bucharest Main Train Station To Be Modernized Ahead of EURO 2020
The main train station in capital Bucharest will be modernized ahead of the 2020 European football championship with more ample works to follow, transport minister Razvan Cuc said (...)
Jun 14, 2019

 
Continental Expands Iasi Offices in EUR27M Investment
German-held Continental has started works to expand its office building in Iasi, northeastern Romania, in a EUR27 million investment.
Jun 14, 2019

 
Survey: Romania Among Top Ten Ice Cream Producers In EU
More than 200 ice cream manufacturers on the Romanian market place Romania, according to Eurostat data, on the tenth spot among ice cream producers in the European Union, with 47.8 million (...)
Jun 14, 2019

 
EC: Romania Ranks Last In EU Regarding Research And Innovation Spending
European Commission official Aurora Mordonu on Friday said Romania ranks last in the European Union regarding expenses in the field of research and innovation, adding Romania did not even achieve (...)
Jun 14, 2019

 
Les: Black Sea security entails serious concerns, Russia - biggest concern
The security in the Black Sea region entails serious concerns, Russia being the biggest concern, Defense Minister Gabriel Les on Friday told the international conference Black Sea and Balkans (...)
Jun 14, 2019

 
BNR chief economist says financial companies, banks make up 60pct of stock market capitalisation in Romania
Financial companies and banks make over 60pct of the stock market capitalisation in Romania, chief economist at the National Bank of Romania (BNR) Valentin Lazea told an event on Friday dedicated (...)
Jun 14, 2019

 
Romanian presidential adviser to visit Moldova amidst tense political developments there
Bogdan Aurescu, adviser on foreign affairs to Romania's President Klaus Iohannis, will pay a working visit to Chisinau, the Republic of Moldova, on Friday, amidst the recent political (...)
Jun 14, 2019

 
Five-Star Hilton Sibiu Posts RON10M Profit and RON19M Revenue in 2018
Hilton Sibiu hotel posted almost 19 milion lei (EUR4 million) revenue and more than 50% profit margin last year, ZF has calculated from publicly available (...)
Jun 14, 2019

 
Private Equity Firm White Star and US University About to Buy Liberty Office Complex in Cluj
Fribourg Development, the real estate division of private equity firm Fribourg Capital, held by Ion Sturza, former prime minister of the Republic of Moldova, is about to sign the contract to sell (...)
Jun 14, 2019

 
ForMin Melescanu says NATO, EU play significant part in ensuring Black Sea, Balkans security
Romania's Foreign Minister Teodor Melescanu said on Thursday that both the North Atlantic Alliance (NATO) and the European Union (EU) play a significant part in ensuring security in the (...)
Jun 14, 2019

 
Medical Inflation Seen Dropping to 10% in Romania
The Romanian market will register a drop in medical inflation from 15% in 2018 to 10% this year, although the cost of medical services is on the rise (...)
Jun 13, 2019

 
Iohannis: PSD refuses to sign National Political Agreement, but list remains open
President Klaus Iohannis said on Thursday that the Social Democratic Party (PSD, major at rule, ed.n.) by its answers in the media, refused to sign the National Political Agreement to strengthen (...)
Jun 13, 2019

 
Viorica Dancila: I am determined to run for PSD helm at 29 June Congress
The Social Democratic Party (PSD, major at rule, ed.n.)'s acting chairperson Viorica Dancila, announced on Thursday in Parliament that she decided to run for the party's helm, at (...)
Jun 13, 2019

 
Iulius Town, Biggest Retail Project in Western Romania, Opens End-August
Iulius Town, a EUR220 million real estate project developed by Iulius and Attenbury Europe, will be inaugurated on August 30, Iulius Group said in a statement (...)
Jun 13, 2019

 
Romania Raises Over RON1B Selling 12-Year and 2-Year Bonds
Romania's finance ministry on Thursday raised a total 1.013 billion lei (EUR214.5 million) in two separate tenders, selling bonds maturing in September 2031 and in June 2021, central bank data (...)
Jun 13, 2019

 
UDMR’s Antal Arpad: In a normal country there is no such thing as special pensions
Sfantu Gheorghe mayor Antal Arpad from the Hungarian Democratic Union of Romania (UDMR) said on Thursday that he is no supporter of special pensions and that in his view, the contribution to the (...)
Jun 13, 2019

 
GfK: Brick-and-Mortar Retail in Romania, Lithuania to See Highest Growth in EU in 2019
Romania (+7%) and Lithuania (+5.9%) are expected to have the highest growth rates in 2019 for brick-and-mortar retail in the 27 EU nations (excluding the UK) even though purchasing power remains (...)
Jun 13, 2019

 
Catinvest Invests EUR3M In Expanding TOM Shopping Mall In Constanta By 3,500 Sqm
French real estate group Catinvest has invested EUR3 million in expanding by 3,500 square meters the surface area of TOM shopping center in Constanta (south-eastern Romania), which marks the (...)
Jun 13, 2019

 
ForMin Melescanu says new technologies cannot replace career diplomats
New technologies cannot replace the career diplomat's work, regardless of their ability to analyse, Foreign Minister Teodor Melescanu told the opening on Thursday of the European (...)
Jun 13, 2019

 
Romania Current Account Deficit Widens to EUR2.3B in Jan-Apr
Romania's current account balance posted a deficit of EUR2.306 billion in January-April, compared with a deficit of EUR1.665 billion in the same period of 2018, central bank data showed (...)
Jun 13, 2019

 
BT Analyst: Romania Annual Inflation Rate, Under HICP, May Fall To 3.8% In 2019 Vs 4.1% In 2018
The annual inflation rate, under the harmonised index of consumer prices (HICP), is expected to fall to 3.8% in 2019, from 4.1% in 2018, and to decline even further in 2020, down to 3%, according (...)
Jun 13, 2019

 
CommMin Petrescu: Romania matters,it’s a factor of influence, because it sets out the pace of Digital Agenda
In Romania, governance can only be based on technology and, currently, we are a factor of influence because we set out the pace on the Digital Agenda, Communication and Information Society (...)
Jun 13, 2019

 
Purcari Wineries Starts Share Buyback Program
Winemaker Purcari Wineries (WINE.RO) on Thursday started a share buyback program, at a maximum price of RON30 per share and a minimum price of RON5 per share, a measure aimed at remunerating the (...)
Jun 13, 2019

 
Minister of Culture Breaz: We’ll rediscuss rental agreement of Peles Castle; Romanian state’s offer - to buy it
Minister of Culture and National Identity Valer-Daniel Breaz on Thursday has stated that the institution he leads will discuss with the Royal House about the extension of the Peles Castle rental (...)
Jun 13, 2019

 
Romania’s Home Appliances and Component Production up 10% to EUR1.2B in 2018
The seven large home appliances and component plants o Romania saw double-digit growth in revenue in 2018 and hired 1,000 employees, ending the year with 5.6 billion lei (EU1.2 billion) revenue (...)
Jun 13, 2019

 
Romanian Households Remain Net Creditor of Banking System in Q1, 2019
Romanians remained net creditors of the banking system (in lei and foreign currency) in the first quarter of 2019, and the upward trend continues, as the total lending went up moderately and (...)
Jun 13, 2019

 
Phone and Tablet Wholesaler Gersim: We Chose to Be Cautious In 2018
Gersim Impex, the largest wholesaler of mobile phones and tablets in Romania, posted 713.1 million lei (EUR153.2 million) sales in 2018, down 11% over 2017, according to Finance Ministry (...)
Jun 13, 2019

 
Ambassador Kuzmin: Russia is interested in Moldova being stable
Russian Ambassador in Bucharest Valery Kuzmin said Wednesday that his country agrees and supports the formation of a ruling coalition in Moldova, pointing out that Russia's interest is in (...)
Jun 13, 2019

 

 
CHANGE
 
 
Romania Raises Over RON1B Selling 12-Year and 2-Year Bonds

UDMR’s Antal Arpad: In a normal country there is no such thing as special pensions

GfK: Brick-and-Mortar Retail in Romania, Lithuania to See Highest Growth in EU in 2019

Catinvest Invests EUR3M In Expanding TOM Shopping Mall In Constanta By 3,500 Sqm

ForMin Melescanu says new technologies cannot replace career diplomats

Romania Current Account Deficit Widens to EUR2.3B in Jan-Apr

BT Analyst: Romania Annual Inflation Rate, Under HICP, May Fall To 3.8% In 2019 Vs 4.1% In 2018

CommMin Petrescu: Romania matters,it’s a factor of influence, because it sets out the pace of Digital Agenda

Purcari Wineries Starts Share Buyback Program

Minister of Culture Breaz: We’ll rediscuss rental agreement of Peles Castle; Romanian state’s offer - to buy it

Romania’s Home Appliances and Component Production up 10% to EUR1.2B in 2018

Romanian Households Remain Net Creditor of Banking System in Q1, 2019

Phone and Tablet Wholesaler Gersim: We Chose to Be Cautious In 2018

Ambassador Kuzmin: Russia is interested in Moldova being stable

President Iohannis writes EU leaders a letter on situation in Republic of Moldova

Farmec Opens First Franchised Gerovital Store in Bacau

Avis Sees Car Rental Revenues at EUR9.2M in 2019

EximBank posts profit of 113.5 mln lei, at end-2018

Censure motion: Government with pro-European vision, with maximum 15 ministries, not 27

Enel Invests Over EUR5M In Expansion, Upgrade Of Its Romanian Store Chain In Last 3 Years

U.S. Investment Fund Broadhurst To Liquidate Electroaparataj Or Sell It To Valahia Trade Union

TeraPlast Reappoints TeraSteel CFO and CEO

Gov’t to approve modular dwellings for flood victims from state reserves

PM Dancila: Eurostat and INS announced we have second highest economic growth in the EU in Q1

UPDATE President Iohannis urges gov’t to take steps to consolidate public finance, collect revenues

Iohannis: Social dialogue framework, showing deficiencies, discretionary behaviour and lack of respect to social partners

Pillar II Pension Fund Managers End 2018 With Combined Net Profit Of RON168M

Construction Materials Wholesaler Arabesque Sees Drop in Sales, Rise in Profit In 2018

Romania Inflation Rate Flat At 4.1% In May 2019

Vastint Set to Develop Residential Project with Schools, Retail and Office Space in Sisesti Area of Bucharest

NATO, EU officials to attend ’Black Sea and Balkans Security Forum’ international conference in Mamaia

Fashion Retailer Kik Already at Almost 20 Stores in Romania, Thinks Market Can Take over 250

European Film Festival, extraordinary project confirming Romania belongs in Europe (ICR official)

Doraly Rents New Pavilion to Danish Retailer Jysk After EUR1M Investment

FinMin Teodorovici: Enough money in coffers for what we pledged to accomplish until year-end

Dedeman To Acquire Letea Bacau Platform for EUR3.16M

Romanians’ net wealth exceeds 2,000bln lei last year

Crédit Agricole Romania Opens First Regional Agri-Hub In Romania, In Slobozia

New Car Registrations In Romania Grow 12.60% YoY In May 2019

Minister-delegate Ciamba: No country is a full member unless it has chaired EU Council

 

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