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Today Thursday, May 24, 2018 in the Romanian Newspapers



British School of Bucharest is the only school in Romania rated as ‘excellent’ by the UK Independent School Inspectorate
British School of Bucharest is the only British School in Romania rated as ‘excellent’ for both “the quality of pupils’ learning and achievements”, as well as the “quality of pupils’ personal development”. British School of Bucharest provides a comprehensive international education, based on the (...) May 24, 2018
 





Romania Is Losing 140,000 People A Year Or Almost EUR2B In Wages Alone
Romania’s economy is losing some EUR2 billion every year because 140,000 people ‘vanish’ from statistics, either due to migration abroad or to the negative birth (...)
May 24, 2018

 
Romania’s Court of Auditors to check purchases by public authorities
The Court of Auditors will be the only institution that will check the way in which public institutions and companies award public procurement contracts, said finance minister Eugen Teodorovici. (...)
May 24, 2018

 
Ford Romania CEO asks Govt. to stick to infrastructure commitments
The Romanian authorities should respect their commitment related to developing road and rail infrastructure as transport costs are higher in Romania than in most of Western Europe, says Ford (...)
May 24, 2018

 



Foreign companies involved in Euro 2020 in Bucharest won’t pay income tax
The Romanian Parliament decided on Wednesday, May 23, that foreign companies and institutions that will be involved in organizing the Euro 2020 football championship matches in Bucharest won’t pay (...)
May 24, 2018

 
National Institute of Statistics to release tribute volume with last 100 years official data
The National Institute of Statistics (INS) has in view to release by year-end a tribute volume with series of statistical data of the last 100 years, on Wednesday said in a specialized conference (...)
May 24, 2018

 
Sphera Franchise Steps Up Expansion, Opens 26 Restaurants In 2018
Sphera Franchise Group plans to open 26 restaurants this year, speeding up expansion. The company operates the KFC franchise in Romania, the Republic of Moldova, and some parts of Italy, as well (...)
May 24, 2018

 
Romanian chief anticorruption prosecutor speaks about challenges in UN speech
The biggest challenge Romania is facing at the moment is keeping the judges’ and prosecutors’ independence, which are vital for anticorruption prosecutors to remain effective, the national (...)
May 24, 2018

 
Monor Dairy Producer Sales Up 16%, Headed Towards RON100M
Carmo-Lact Prod based in Bistrita-Nasaud (NW Romania), the company behind the Monor dairy products, posted 80.9 million lei (EUR17.6 million) revenue last year, 16% more than in 2016, and over (...)
May 24, 2018

 
In 2019, Ford will launch the production of the second model in Craiova
As a result of an additional investment of EUR 200 million, the production of the plant will reach 300,000 assembled vehicles annually *1,500 new jobs will be created Ford Romania, the second (...)
May 24, 2018

 
Telekom Romania to pay hefty fine for security incident in March
Telekom Romania Mobile Communications, one of German group Deutsche Telekom’stwolocal subsidiaries, will have to pay two fines worth a combined RON 1.1 million (EUR 237,000) for a security (...)
May 24, 2018

 
New details on Government’s plans for Pillar II Pension Fund. Teodorovici: Nothing is suspended, in June-July we will come up with a new concept. AHK: Pension system based on saving such as Pillar II, necessity in current demographic circumstances
Finance Minister Eugen Teodorovici stated on Wednesday that no contribution to the Pillar II Pension Fund is being suspended, the publishing of the bill on the Government’s website being “a (...)
May 24, 2018

 
EC criticizes Romania on economic policies, justice reform
The European Commission urged Romania to adopt measures for correcting its budget deficit and warned that the political evolutions in the last year have generated doubts about the irreversibility (...)
May 24, 2018

 
ICCJ dismisses KMG International and Oilfield Exploration challenges to DIICOT lien on Rompetrol assets
The High Court of Cassation and Justice dismissed as ungrounded the challenges filed by Oilfield Exploration Business Solutions SA, Rompetrol Rafinare SA and KMG International N.V. to the May 6, (...)
May 24, 2018

 
Press Review - May 24, 2018
May 24, 2018

 
Calin Popescu Tariceanu acquitted of perjury: Fight against corruption can’t be a front for political fighting. Reactions: Who is paying for the period in which he was demonised?
High Court of Cassation and Justice (ICCJ) magistrates decided on Tuesday to change the legal classification of the offence Calin Popescu Tariceanu was charged with – from perjury and aiding and (...)
May 24, 2018

 
Reactions to President Iohannis’s latest attacks against Gov’t over European grants and pension fund. PM Dancila assures no shortfall in Gov’t coffers of wage, pension money, says she does not want to create groundless fears
President Klaus Iohannis’s press statement, in which he attacked the Government on the topic of the absorption of European grants and the Pillar II Pension Fund, triggered on Tuesday evening the (...)
May 24, 2018

 
Deputy PM Stanescu: Gov’t memorandum on relocation of embassy from Tel Aviv to Jerusalem could become public
The memorandum adopted by the Government in April, regarding the relocation of the Romanian embassy to Israel, from Tel Aviv to Jerusalem, could be made public, the proposal being discussed by (...)
May 24, 2018

 
FinMin Teodorovici: Romania is not facing fiscal sustainability risks
Romania is not facing fiscal sustainability risks and it's very interesting to see that from all the recommendations that our country has received, 68 percent are fulfilled, declared, (...)
May 24, 2018

 
Deputy PM announces ambitious PPP strategic projects: motorways, Railway Company hospitals, high-capacity medical center
Deputy PM Viorel Stefan presented Tuesday evening the strategic projects to be initiated within short under the new legislation on the public-private partnership (PPP), specifically three (...)
May 24, 2018

 
Celebrating 70 years since the establishment of the UN International Law Commission
The Permanent Mission of Romania to the UN hosted on Monday, 21st May 2018, an event to mark 70 years since the establishment of the UN International Law Commission, with the participation of the (...)
May 24, 2018

 
Ambassador Ion Jinga presented in the UN Security Council Romania’s efforts regarding the protection of civilians in armed conflicts
On 22 May 2018, the Permanent Representative of Romania to the UN, Ambassador Ion Jinga, delivered a statement in the Security Council within the open debate organized by the Polish Presidency of (...)
May 24, 2018

 
PNL’s Orban rejects the assumptions that he was urged to file a complaint against PM: I am a man who stands on his own feet
The Chairman of the National Liberal Party (PNL) Ludovic Orban stated on Wednesday, when exiting the General Prosecutor’s Office, asked if he was urged by somebody to file a complaint against PM (...)
May 24, 2018

 
Retail Area Of Baneasa Platform Generates Over EUR500M Revenue
“Baneasa Shopping City has become a landmark for Bucharest, and in its ten years in business has positively influenced the development of the northern of the (...)
May 23, 2018

 
Terrible microbus accident in Hungary leaves 16 orphans in Romania
The terrible microbus accident in Hungary, in which nine Romanians lost their lives, left 16 children without one or both of their parents, according to Digi24.ro. The accident on Tuesday was (...)
May 23, 2018

 
Chamber Speaker Dragnea to pay official visit to Bern, Switzerland, between 29-31 May
Speaker of the Chamber of Deputies Liviu Dragnea will pay an official visit to Bern, Switzerland, between 20-31 May, together with a parliamentary delegation. According to a memorandum approved (...)
May 23, 2018

 
Banca Transilvania Shareholders Approve Subordinated Bond Issue Of EUR350M
Shareholders of Romanian lender Banca Transilvania (TLV.RO) on Wednesday approved a subordinated bond issue, with a fixed or variable interest rate, up to a maximum amount of EUR350 (...)
May 23, 2018

 
President Iohannis meets Romanians holding public offices in host countries
President Klaus Iohannis welcomed a group of Romanians holding public offices in their countries of residence, underlining that their work is an example of dedication to serving the interests of (...)
May 23, 2018

 
MAE: Romania to actively participate in debates on specific country recommendations issued by European Commission
Romania will actively participate in debates on specific country recommendations issued by the European Commission, according to a press statement released on Wednesday by the Foreign Ministry (...)
May 23, 2018

 
Fondul Proprietatea Approves Payment Of RON0.0678/Share Dividend For 2017 Financial Year
Franklin Templeton International Services, in its capacity as alternative investment fund manager and sole director of investment fund Fondul Proprietatea (FP.RO), on Wednesday told shareholders (...)
May 23, 2018

 
USA, guest country at Bookfest. Ambassador Hans Klemm to pay homage to his former professor, Romanian-born writer Matei Calinescu
More than 150 publishing houses are set to participate in the Bookfest Book Salon, to take place in the Bucharest Capital City between May 30 and June 3, this time being devoted to the literature (...)
May 23, 2018

 
Romania Constitutional Court president speaks on recent visit to Russia
The President of the Romanian Constitutional Court, Valer Dorneanu, has for the first time spoken about a recent visit he paid to Russia despite Foreign Ministry recommendation not to do (...)
May 23, 2018

 
Telekom Mobile receives RON 1.1 million fine
Romania's telecom supervising authority ANCOM has fined operator Telekom Mobile Ron 1.1 million over an incident in March this year, when its network was affected for more than the (...)
May 23, 2018

 
GDPR: Law on authority to supervise processing of personal data adopted
The Romanian Senate has adopted changes to the law on the functioning of the national authority for the supervision of personal data processing, ANSPDCP. The body will increase its control (...)
May 23, 2018

 

 
CHANGE
 
 
Celebrating 70 years since the establishment of the UN International Law Commission

Ambassador Ion Jinga presented in the UN Security Council Romania’s efforts regarding the protection of civilians in armed conflicts

PNL’s Orban rejects the assumptions that he was urged to file a complaint against PM: I am a man who stands on his own feet

Retail Area Of Baneasa Platform Generates Over EUR500M Revenue

Terrible microbus accident in Hungary leaves 16 orphans in Romania

Chamber Speaker Dragnea to pay official visit to Bern, Switzerland, between 29-31 May

Banca Transilvania Shareholders Approve Subordinated Bond Issue Of EUR350M

President Iohannis meets Romanians holding public offices in host countries

MAE: Romania to actively participate in debates on specific country recommendations issued by European Commission

Fondul Proprietatea Approves Payment Of RON0.0678/Share Dividend For 2017 Financial Year

USA, guest country at Bookfest. Ambassador Hans Klemm to pay homage to his former professor, Romanian-born writer Matei Calinescu

Romania Constitutional Court president speaks on recent visit to Russia

Telekom Mobile receives RON 1.1 million fine

GDPR: Law on authority to supervise processing of personal data adopted

European Commission notes independence of Romania judiciary questioned, judicial institutions under pressure

EC Urges Romania To Address Budget Deficit, Voices Concern About Judicial Reform

Romania to actively participate in debates on specific country recommendations issued by European Commission

Timpuri Noi Square Attracts Three New Tenants, Total Number Of Employees Reaches 3,000

BCR Approves Over 1,700 Pre-Financing Loans Within StartUp Nation Program

Romanian and foreign artists join living statues festival in Bucharest

Armed robbery at bank in NW Romania city

#DiplomaticCentennial Oana-Cristina Popa: Romania actively and firmly supports Serbia’s accession to the EU

Spouses of heads of mission in Bucharest launch cookbook

Romanian Parliament passes bill increasing validity of passports

Continental Plans To Employ 250 Engineers And IT Experts At Its R&D Center In Iasi By End-2018

Training institute founded by famed French psychiatrist to open Bucharest branch

BuildGreen: 2017 was the best year for green buildings in Romania

Doraly Launches Its Own E-Commerce Platform, Doraly.ro, Following Investment Of Over EUR1M

Azets Plans To Reach 1000 Employees In Romania, From 700 Currently

ROBOR Index Hits New Four-Year High Of 2.77%

Romanian Senate adopts changes to agricultural land purchase law

EU: Unilateralism or multilateralism?

Untitled

Romanian honored in the U.S. for leadership in fight against tobacco use

Deputy PM Stanescu: Pension Pillar II must be optional

Over 300 volunteers to build social housing in southern Romania this fall

Founders of Hope and Homes for Children, Mark and Caroline Cook, decorated by President Iohannis

VIG Underwritten Premiums Grow 11.4% in 1Q in Romania, to EUR146.6M

Romania has lowest share of employees with temporary contracts in the EU

AHK Romania: The private pension system is a necessity

 

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