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Today Friday, December 9, 2022 in the Romanian Newspapers



First Astra trams introduced in Bucharest this weekend
The first 15 trams of the 100 the Bucharest City Hall purchased from the Romanian manufacturer Astra Vagoane Călători Arad will start running in the city this Saturday, December 10, the operator of Bucharest’s overground public transport (STB) announced. The 15 Imperio trams will be introduced on (...) Dec 9, 2022
 





Romanian political leaders respond to Austria’s ‘unfair’ decision to block Romania’s Schengen accession
Romanian political leaders reacted to Austria's decision to vote against accepting Romania into the border-free Schengen zone at the Justice and Home Affairs Council on December 8. But they also (...)
Dec 9, 2022

 
Hungarian operator Aeroexpress Regional to introduce Budapest-Cluj flights this month
Hungarian operator Aeroexpress Regional is to introduce beginning this month flights linking Budapest to Cluj-Napoca, in western Romania. The flights are available starting December 16, earlier (...)
Dec 9, 2022

 
Romgaz Shareholders OK Increase in Credit Facility Limit by RON70M, One-Year Extension of Contract with BCR
Romgaz during the general meeting of Thursday approved an increase in the credit facility limit by RON70 million, namely from RON350 million to RON420 million, and the one-year extension of the (...)
Dec 9, 2022

 



Antibiotice Iasi Opens New Plant in Wake of EUR20M Investment
Romanian pharmaceutical manufacturer Antibiotice Iasi is opening a new plant, in the wake of a EUR20 million investment, with a 50% higher production capacity than the existing (...)
Dec 9, 2022

 
La Placinte Plans No Further Shutdowns, Eyes Existing Business Stabilization
La Placinte restaurant chain now has four own restaurants in Bucharest and a franchise in Iasi after the company has in recent years reshuffled its Romanian network, which had reached 12 units at (...)
Dec 9, 2022

 
Italy’s Moncler Seeks to Hire over 300 People for Bacau Plants
Industries Yield, part of Italy’s Moncler, currently has 327 jobs available for the plants it owns in Bacau county.
Dec 9, 2022

 
Euroins Romania Goes Ahead with RON100M Capital Increase
Euroins Romania, leader of the local third-party motor vehicle insurance (RCA) market, is going ahead with another RON100 million capital raise planned for the company’s development and the (...)
Dec 9, 2022

 
Romanian Govt. ready to take in 100,000 foreign workers in 2023 amid workforce shortage
Romania’s Government is ready to accept 100,000 non-EU workers into the national labor market in 2023, the same number as this year. By mid-September 2022, the General Inspectorate for (...)
Dec 9, 2022

 
Companies in Romania could be excluded from reduced VAT for the installation of PV systems
The Budget and Finance Committee in Romania’s Chamber of Deputies recently approved a project establishing a reduced VAT rate of 5% for PV panels and heat pumps, replacing the regular VAT rate of (...)
Dec 9, 2022

 
Housing transactions increase by 30% in Bucharest and 1% nationally in November
Housing transactions in Bucharest and Ilfov increased by 30% in November 2022 compared with the same period last year. By comparison, countrywide, the increase was only 1%. Some 6,435 homes were (...)
Dec 9, 2022

 



Survey: Major real estate investors and developers in Romania plan to continue expansion
Real estate investors and developers active in Romania argue that inflation, the increasing financing costs, the geopolitical situation, and the increasing construction costs are the main (...)
Dec 9, 2022

 
Romania's financial regulator ASF greenlights first new brokerage firm in 14 years
Romania's Financial Supervisory Authority (ASF) recently granted a stock brokerage and financial investment services license to Investimental, a new brokerage firm backed by Sacha Draghic, the (...)
Dec 9, 2022

 
Romania among EU countries with highest economic growth in Q3
Ireland, Cyprus, Malta, and Romania recorded the highest GDP increases in the third quarter of 2022 (versus the previous quarter) among EU countries, according to Eurostat data. The EU’s GDP (...)
Dec 9, 2022

 
EC approves Romania’s EUR 14.9 bln plan for agriculture and rural development
The European Commission (EC) approved, on December 7, the Common Agricultural Policy (CAP) Strategic Plans of Romania and Bulgaria. The two Plans represent a total EU budget of EUR 20.5 bln, with (...)
Dec 9, 2022

 
ASA CONS Targets EUR31M Turnover In 2022
Turda-based precast concrete product maker ASA CONS, the builder of the MDF plant of Oarja (near Pitesti) - a EUR150 million project of Turkey’s Yildiz Entegre-, estimates a total turnover of (...)
Dec 8, 2022

 
Investments In Nestor Platform Near EUR2.2M
Romanian start-up Nestor, which developed a “people intelligence” platform, has reached total investments of almost EUR2.2 million after announcing recently that it attracted an investment of EUR2 (...)
Dec 8, 2022

 
Prospectiuni Bucuresti To Provide Seismic Prospecting Services Under RON16.5M Contract
Geological prospecting company Prospectiuni Bucuresti (PRSN.RO) has announced in a stock market report on Dec 8 the conclusion of a contract for the provision of 2D and 3D seismic prospecting (...)
Dec 8, 2022

 



 
CHANGE
 
 
Tiriac Leasing’s Integration Into Banca Transilvania Financial Group To Be Completed On Dec 15

European Commissioner Ylva Johansson: Romania and Bulgaria are not admitted to Schengen yet

PM Ciuca: Romania to submit next week initial OECD accession memorandum

Schengen: Romania denied January 2023 entry after Justice and Home Affairs Council vote

Accor To Open New Mecure Hotel In Bacau

Lights On: Light art festival opens in Bucharest

FAN Courier Expects To End 2022 With Over EUR1.1B Turnover, Up 10% YoY

Celine Dion cancels 2023 Bucharest concert due to health problems

European Commissioner for Home Affairs Ylva Johansson: I expect that we will have a clear path for Romania and Bulgaria into Schengen

Classical Christmas Market kicks off at the Bucharest Opera House

Average Net Salaries In Romania Banking Sector Up 4% To 46% In Last Four Years

MEP Guido Reil apologizes for the criticisms brought to Romania in a speech delivered in October in the EP

JusMin Predoiu: LIBE Committee president supports Romania’s accession to Schengen

Most Real Estate Investors And Developers In Romania Seek To Expand Their Portfolios In The Next 3 Years

IWA Charity Christmas Bazaar: The Romanian diplomatic community mobilizes in a philanthropic spirit on December 11

INSCOP: Over 70pct of Romanians agree that Schengen accession criteria are met

Eastern RO: Mercure hotel to open in Bacău

The Talking Eye: Museum of Recent Art in Bucharest to host Martha Rosler exhibition

Wardruna, Haken, TesseracT, Port Noir, Vulture Industries to take on Sibiu’s Artmania stage next year

Romanian student organization alliance: We rarely see real measures from authorities to combat sexual abuse

Tourism promotion campaign showcases Romania in Seville

Schengen: Austria to veto Bulgaria, Romania joining the border-free area, Germany supports their bids

Ukraine, Russia, the census: Google reveals top searches in Romania in 2022

Romanian ports Brăila, Galați to be modernized with EU funds

Tenth American Corner in Romania opens at the Astra Library in Sibiu

Euroest Car Leases 9,500 Sqm in CTPark Chitila

eToro: Which countries fork out most on Christmas dinner? German roast goose is priciest festive meal in global study while Romanian sarmale is cheapest

CFR SA Inks 45 Contracts worth RON700M for Works Allowing for Maximum Train Speed of 120 Km/h

Simtel Team Contracts EUR5M Sustainable Loan from ING Bank to Acquire Photovoltaic Panels

Over 8 out of 10 households in Romania have access to the internet, official statistics say

The Patria de Oriunde platform celebrates its first year: 2 out of 3 new customers opened a deposit through the platform

Reff & Associates | Deloitte Legal launches a new edition of the “Law Is Awesome!” project which trains law students to become business lawyers

LSEG celebrates five years in Romania; 600 employees now in Bucharest

Keywords Studios opens new studio in Bucharest

Orsova Shipyard Seals EUR1.55M Contract with Black Sea Offshore Centre for Delivery of River Ship

Reynaers Aluminium Romania Wants to Open 3 New Showrooms in 2023

EY Study: Providers risk being left behind as energy becomes a personal priority for consumers

Builder CON-A Completes Makeover of Sibiu Municipal Stadium, a RON211M Investment

TopLine Set to Enter New Market, Expand on Existing Ones

Farmaceutica Remedia Nears RON400M Turnover in Jan-Sept 2022, Up 13% from Year-Earlier Period

 


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