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Today Wednesday, September 23, 2020 in the Romanian Newspapers



Coalition for Romania's Development: Economy cannot support 40% increase in pensions
The Romanian economy cannot support the 40% increase in pension expenditures, given the negative evolution of the global economy and, implicitly, nationally, caused by the Covid-19 pandemic, show the representatives of the Coalition for Romania's Development (CDR). "The Coalition for Romania's Development reports the populism manifested yesterday in Parliament by the decision to increase pensions a few days before the elections. CDR (...) Sep 23, 2020
 





Western Romania: Dogs kill all kangaroos at Timisoara Zoo
Three dogs killed all the kangaroos at the Timisoara Zoo, in western Romania. They also attacked an emu, but the bird managed to jump over the fence and run away, according to Tion.ro. The dogs (...)
Sep 23, 2020

 
PM Orban: Teachers must learn to teach online
Prime Minister Ludovic Orban said on Wednesday in Galati that teachers must learn to teach online in the context of the special situation created in education units by the coronavirus pandemic. (...)
Sep 23, 2020

 
GCS: Romania’s COVID-19 case count rises by 1.767 t 116.415, death toll hits 4.450
As many as 1,767 new cases of people infected with SARS-CoV-2 have been recorded in Romania since the previous reporting, the Strategic Communication Group (GCS), the official novel coronavirus (...)
Sep 23, 2020

 



Romania, second to last in EU on recreation and sport spending
The European Union's 27 Member States spent EUR 50.7 billion of government expenditure on recreation and sport in 2018. In Romania, the recreation and sport expenditure per inhabitant was only (...)
Sep 23, 2020

 
Romania reports new single-day increase in COVID-19 cases
Romanian officials reported 1,767 new coronavirus cases in the past 24 hours, a record number for Romania since the start of the pandemic. Thus, the total number of COVID-19 cases in the country (...)
Sep 23, 2020

 
Romania's COVID-19 case count rises by 1,767 to 116,415, death toll hits 4,550
As many as 1,767 new cases of people infected with SARS-CoV-2 have been recorded in Romania since the previous reporting, the Strategic Communication Group (GCS), the official novel coronavirus (...)
Sep 23, 2020

 
Resident non-governmental clients' deposits rise in August by 1.6 pct
The deposits of non-governmental residential clients have gone up in August 2020 by 1.6 pct over the previous month, up to the level of 389.6 billion RON and by 14 pct (11.1 pct in real terms) (...)
Sep 23, 2020

 
Romania considers introducing mandatory COVID-19 tests for travelers entering the country, health minister says
Romania is considering introducing mandatory COVID-19 tests for those coming to the country from abroad, health minister Nelu Tataru said on Wednesday, September 23. A proposal in this sense is (...)
Sep 23, 2020

 
Telekom Romania announces the launch of two new hosting data centers following an investment of 3.5 million euros
Telekom Romania inaugurated two data centers, a 3.5 million euros investment, after the four in Bucharest and two in Brașov, thus becoming the Romanian operator with the largest network of centers (...)
Sep 23, 2020

 
C&W Echinox: Just 13% of Romania's Residential Stock Built in Last 30 Years
Just 13.4% of the 9.1 million residential units in Romania were built in the last 30 years, between 1990 and 2019, and the residential stock mainly consists of apartments built under the (...)
Sep 23, 2020

 
Romania Private Lending Grows 0.9% on Month in August
Private lending in Romania grew 0.9% in both nominal and real terms in August compared with July, to RON274.49 billion, central bank data showed Wednesday.
Sep 23, 2020

 
HealthMin Tataru: I do not expect a new lockdown
The Minister of Health, Nelu Tataru, stated on Wednesday at the Fundeni Institute that he does not expect a new lockdown, but wants everyone to respect the rules to prevent the spread of the (...)
Sep 23, 2020

 
Business environment expresses concern about pensions’ increase as amended in Parliament
The plenary sitting of Parliament passed, on Tuesday, the budget revision for 2020 with the Social Democratic Party (PSD)’s amendment regarding the increase by 40 pct in the pension point. There (...)
Sep 23, 2020

 
HealthMin Tataru: I do not expect new lockdown
The Minister of Health, Nelu Tataru, stated on Wednesday at the Fundeni Institute that he does not expect a new lockdown, but wants everyone to respect the rules to prevent the spread of the (...)
Sep 23, 2020

 
Bucharest Fringe - Independent Theater Marathon announces October edition
The 10th edition of Bucharest Fringe - Independent Theater Marathon will be held online and offline between October 9 and October 18. Recordings of all shows included in the festival’s program (...)
Sep 23, 2020

 
Romanian Central Bank Supervisory Board Gets New Management
The supervisory board within the Romanian central bank will have new management as of October 1, with Adrian Cosmescu as board chairman and Nicolae Catalin Davidescu as deputy (...)
Sep 23, 2020

 
Comment: What's the stake of the local elections in Romania?
The elections for the local administration in Romania usually don't get the same visibility and attention as the general election, although they are arguably as important or even more important (...)
Sep 23, 2020

 
WWF starts work on Romania’s first rural co-working campus in the Carpathian Mountains
WWF, together with the local community from the small village of Armenis and innovators in sustainable architecture, started work on WeWilder - the first rural hub in Romania, which will comprise (...)
Sep 23, 2020

 
Ludovic Orban: Transport infrastructure investments to connect Galati and Braila Counties to Pan-European Corridors 4 and 9
Prime Minister Ludovic Orban said on Wednesday that through investments in transport infrastructure that will be made in the next 5-6 years, the southeastern counties of Galati and Braila will be (...)
Sep 23, 2020

 
SmartBill Barometer: Romanian SME Turnover Drops 14% on Month in August
The turnover of small and medium-sized enterprises (SMEs) in Romania fell by 13.85% in August compared with July and by 3.76% compared with August 2019, a barometer released by SmartBill on (...)
Sep 23, 2020

 
SLS Cargo Leases 15,500 Sqm Warehouse Space in P3 Bucharest A1
Transport and logistics firm SLS CARGO has leased 15,500 square meters of warehouse space in P3 Bucharest A1, located approximately 13 km west of Bucharest’s city center, in a transaction advised (...)
Sep 23, 2020

 
Romanian Post opens new road postal route, Bucharest - Milan
The Romanian Post (Posta Romana, CNPR) has extended its road network at the European level by the inauguration of a new road route, Bucharest - Milan, the company announced on Wednesday. (...)
Sep 23, 2020

 
Romania travel: Highlights of Banat region
The Romanian part of the region of Banat can offer visitors plenty to see: footprints of a multicultural history, a designated European Capital of Culture, and impressive nature parks. We outline (...)
Sep 23, 2020

 
Moulinex, Rowenta And Tefal Importer Groupe SEB Romania Revenue Flat In 2019
Groupe SEB Romania, the local subsidiary of France’s Groupe SEB, an importer and wholesaler of small home appliances, posted 248 million lei revenue last year, flat on (...)
Sep 23, 2020

 
Romanian Govt. ready to pay EUR 8.25 mln to those willing to replace old home appliances
Romania's environment minister Costel Alexe announced a budget of RON 40 million (EUR 8.25 mln) for those willing to replace old, energy-consuming home appliances with greener ones. The budget (...)
Sep 23, 2020

 
Romania Sunflower Production Down 30% This Season
Romania ranked first in the European Union by area of land allocated to sunflower crops and production, 3.4 million in 2019, but farmers expect production to shrink by 30% to 2.4 million tons (...)
Sep 23, 2020

 
Romanian construction group gets another EUR 286 mln motorway contract
Tehnostrade and Spedition UMB, two construction companies owned by local businessman Dorinel Umbrarescu, in association with Electromontaj Bucharest, won a RON 1.39 billion ( EUR 286 million) (...)
Sep 23, 2020

 
Romanian PM Orban promises support for Cluj-Napoca subway
Romanian prime minister Ludovic Orban said on Tuesday, September 22, that the Government supports, together with the Transport Ministry, the construction of the Cluj-Napoca subway, a project that (...)
Sep 23, 2020

 
Romanian developer One United turns One Verdi Park into all-residential project
Romanian developer One United decided to build apartments in both towers of One Verdi Park project in northern Bucharest after it had initially planned office spaces for one of the two buildings. (...)
Sep 23, 2020

 
Sporting Goods Group Amer Sports Buys Chimsport Orastie Plant
Amer Sports, one of the leading sporting goods manufacturers in the world, has bought Chimsport’s plant in Orastie, Hunedoara.
Sep 23, 2020

 
Romanian face mask producer can cover domestic demand alone
Romanian company Techtex from Maramures county can produce 50 million surgical masks per month, covering Romania's whole need for medical protection devices, the Economy Ministry announced, (...)
Sep 23, 2020

 
OMV Petrom reports non-cash net impairment under revised oil price forecast
Romanian oil company OMV Petrom estimates non-cash net impairments of around RON 350 million (EUR 72 mln) after tax, triggered by the revision of price assumptions. In Upstream, the company (...)
Sep 23, 2020

 
Italian insurer Generali invests in Romania’s agriculture, wine sectors
Italian insurance group Generali owns nearly 5,000 hectares of agricultural land and more than 7,000 ha of forest in Romania, where it also operates a winemaker. The vineyard owned in western (...)
Sep 23, 2020

 

 
CHANGE
 
 
SmartBill Barometer: Romanian SME Turnover Drops 14% on Month in August

SLS Cargo Leases 15,500 Sqm Warehouse Space in P3 Bucharest A1

Romanian Post opens new road postal route, Bucharest - Milan

Romania travel: Highlights of Banat region

Moulinex, Rowenta And Tefal Importer Groupe SEB Romania Revenue Flat In 2019

Romanian Govt. ready to pay EUR 8.25 mln to those willing to replace old home appliances

Romania Sunflower Production Down 30% This Season

Romanian construction group gets another EUR 286 mln motorway contract

Romanian PM Orban promises support for Cluj-Napoca subway

Romanian developer One United turns One Verdi Park into all-residential project

Sporting Goods Group Amer Sports Buys Chimsport Orastie Plant

Romanian face mask producer can cover domestic demand alone

OMV Petrom reports non-cash net impairment under revised oil price forecast

Italian insurer Generali invests in Romania’s agriculture, wine sectors

Study: Romanian companies, not ready for post-covid challenges

Romanian Chamber of Commerce: trade gap may hit EUR 19 bln this year

Romanian business association asks for more clarity in distributing the EUR 1 bln grants

Romanian regulator still working on exit rules from private pension funds

Romania’s central bank says upfront absorption of EU funds is “vital” for fiscal consolidation

Romania’s Parliament ignores all warnings and votes 40% increase in pensions amid battle for votes

Swiss Capital Asset Management Reaches 5.24% Holding Of Voting Rights Of SIF Oltenia

PM Orban: We want to rebuild all the important railways, by using European funds

Italian Artisanal Ice Cream Brand La Romana Opens First Gelato Shop In Bucharest In EUR350,000 Investment

Tennis: Tecau, Rojer qualify for quarterfinals of Hamburg tournament, after Colombians Cabal, Farah abandon

ForMin Aurescu pleads at UN for economic relaunch to be “as dynamic and as green as possible”

PM Orban: We will use all levers to hamper the coming into force of law increasing pensions

Budget revision, passed in Parliament with PSD’s amendment on 40% increase in pension point. Ciolacu: We did justice to 5 million pensioners

Iohannis: We need innovation, environmentally friendly, safe technology

Romanian ForMin pleads at UN for economic relaunch to be "as dynamic and as green as possible"

GCS: Romania’s COVID-19 case count rises by 1.059 to 114.648; death toll reaches 4.503

Romania, Europe’s granary? Not according to the statistics

Parliament: Budget revision, passed with PSD’s amendment on 40% increase in pension point

FLEX program: Romanian high schoolers can apply to study for one year in the United States

(P) Q&A with the new General Manager of four - star Hotel Cismigiu: Mirela Cojocaru on priorities, the new travelers and running a hotel during the pandemic

Antitrust Body Clears BRD, Raiffeisen To Join Shareholding Structure Of CIT ONE

Romania: 1.059 new cases of people infected coronavirus and 45 deaths

Romania reports more than 1,000 daily Covid-19 cases

Romania’s COVID-19 case count rises by 1,059 to 114,648, death toll hits 4,503

FinMin Citu: What PSD is doing today in Parliament is criminal, it blows up country

Bucharest educators offered 1,000 scholarships to specialize in online teaching

 

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