Today Thursday, August 13, 2020 in the Romanian Newspapers

Gov’t to consider extending state of alert by 30 days At a meeting on Friday, the Orban Cabinet is scheduled to consider a decision to extend the state of alert by 30 days, from August 16, along with measures to be applied during it to prevent and combat the effects of the COVID-19 pandemic, according to the agenda posted on... The post Gov’t to (...) Aug 13, 2020

Astra documentary film festival to be held both outdoors and online to prevent the spread of the novel coronavirus The ASTRA documentary film festival will be held this year both outdoors (September 4-13) and online (October 16-25), to ensure the best conditions to prevent the spread of the novel coronavirus, (...) Aug 13, 2020   German authorities to ramp up controls of German employers hiring Romanian workers German authorities will step up checks of German employers hiring Romanian workers and increase penalties for employers' offences, German Labour and Social Affairs Minister Hubertus Heil and his (...) Aug 13, 2020   New ferry crossing point between Romania, Ukraine becomes operational A new ferry crossing point at the border between Romania and Ukraine has become operational, Romania's National Road Infrastructure Management Company (CNAIR) has announced, adding that the first (...) Aug 13, 2020   CBRE: Property Investments in Romania Total EUR395M in 1H, 88% Are Offices Romania’s property investment volume in the first half of 20202 amounted to EUR395 million, 17% higher on the year, and offices accounted for 88% of traded volume, real estate consultancy company (...) Aug 13, 2020   In conversation with Turkish counterpart, ForMin Aurescu voices Romania's support for de-escalation in Eastern Mediterranean Romania's Foreign Minister Bogdan Aurescu on Thursday had a phone conversation with his Turkish counterpart Mevlut Cavusoglu at Cavusoglu's request. According to a press statement released by the (...) Aug 13, 2020   Romanians Spent 70% Less on Vacations Abroad in 2Q/2020 Romanians spent just EUR328 million on vacations abroad in April-June this year, 70% less compared with EUR1.2 billion, under the impact of the coronavirus pandemic on the travel (...) Aug 13, 2020   Romania, among top ten producers of bicycles in EU Romania produced more than 520,000 bikes in 2019, according to data from EU's statistics office Eurostat. ___STEADY_PAYWALL___ The biggest bicycle producers in the EU last year were Portugal (...) Aug 13, 2020   Current account deficit drops to EUR 3.497 billion as of 30 June The current account of the balance of payments registered a deficit of EUR 3.497 billion in the first six months of the year, compared to EUR 4.373 billion in the same period of 2019, shows data (...) Aug 13, 2020   Romania’s daily coronavirus case count hits new high Romania added 1,454 coronavirus cases in the past 24 hours, a new daily record since the start of the pandemic. The total number of cases reached 66,631 on Thursday, August 13, the authorities (...) Aug 13, 2020   GCS: 1,454 new cases of COVID-19 lately take total number to 66,631 As many as 1,454 new cases of people infected with SARS-CoV-2 have been recorded since the last report, following national tests, the Strategic Communication Group (GCS) announced on Thursday. (...) Aug 13, 2020   Romania Posts Current Account Deficit of EUR3.497B in 1H/2020 Romania's current account balance posted a deficit EUR3.497 billion in January-June, compared with a deficit of EUR4.373 billion in the same period in 2019, central bank data showed (...) Aug 13, 2020   Agroland Opens EUR150,000 Store in Timisoara Agroland Business System, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, has opened a supermarket in Timisoara following an investment (...) Aug 13, 2020   Central Romania: Classical music festival in Sibiu marks Beethoven anniversary This year’s edition of the Classics for Pleasure festival, held in Sibiu, marks 250 years since the birth of composer Ludwig Van Beethoven. ___STEADY_PAYWALL___ The festival takes place between (...) Aug 13, 2020   eMAG Invests EUR90M in New Logistics Center on A1 Highway eMAG, the leading online retailer in Romania, said Thursday it will invest EUR90 million in a new logistics center at km 19 of the A1 highway that will stretch onto 130,000 square meters and will (...) Aug 13, 2020   E.ON Completes EUR1.9M Solar Power Plant in TeraPlast Bistrita Industrial Park Electricity and natural gas group E.ON Energie Romania, part of German utility group E.ON, said Thursday it has completed the construction of a solar power plant in the industrial park operated (...) Aug 13, 2020   Number of births in Romania in the first half of 2020, lowest in seven years The number of births in Romania in the first six months of 2020 is the lowest in the last seven years, according to an Edupedu.ro analysis based on data from the National Statistics Institute (...) Aug 13, 2020   Bucharest Stock Exchange Group Profit Grows 10% in 1H, to RON4.24M The Bucharest Stock Exchange (BVB) Group, which operates the Romanian capital market, reported a profit of RON4.24 million for the first half of 2020, up 10% on the (...) Aug 13, 2020   FinMin Citu: Gov't to approve this Friday emergency ordinance paving way for budget adjustment The government will approve this Friday an emergency ordinance introducing certain amendments required for carrying out the budget adjustment, Finance Minister Florin Citu declared on Thursday (...) Aug 13, 2020   Fidelis Government Bonds Start Trading on Bucharest Stock Market Government bonds for population in the Fidelis issue start trading on the Bucharest Stock Exchange Thursday. Aug 13, 2020   Revolut is the fastest growing technology company in Europe, the Middle East, and Africa, according to the latest Deloitte Fast 500 competition Revolut is the fastest growing technology company in Europe, the Middle East, and Africa, according to the latest Deloitte EMEA Technology Fast 500 competition. The ranking also includes the (...) Aug 13, 2020   Libra Bank Profit Halves in 1H, to RON25.7M Lender Libra Bank, a member of US investment group New Century Holdings, recorded a net profit of RON25.7 million in the first half of 2020, compared with a profit of RON51 million in the sale (...) Aug 13, 2020   Oil Terminal Profit Grows 65% in 1H, to RON7.6M Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Thursday reported a net profit of RON7.6 million for the first half of 2020, up 64.8% on the (...) Aug 13, 2020   BVB Group posts 10 pct higher mid-year consolidated net profit The mid-year consolidated net profit of the Bucharest Stock Exchange (BVB) Group was 10 percent higher, at 4.24 million lei, with the group's trading segment accounting for 75 percent of the (...) Aug 13, 2020   President flags up unwanted record as Romania’s coronavirus cases reach new high, says local elections doable if situation doesn’t worsen Speaking about the country’s new daily record of coronavirus cases reported on Wednesday, August 12, president Klaus Iohannis said it was an “unwanted record” and “way too much.” (...) Aug 13, 2020   LocalElections2020/ Bucharest Constituency Electoral Bureau approves USR PLUS Alliance founding protocol The Bucharest Constituency Electoral Bureau unanimously approved the protocol for the creation of the USR PLUS Alliance in the Capital City and its sectors, USR PLUS said in a release. The Save (...) Aug 13, 2020   Coronavirus pandemic: Germany adds Bucharest, more counties to list of risk areas Germany has added Bucharest and ten other Romanian counties to the list of international risk areas, which covers countries and territories designated as presenting an increased risk of infection (...) Aug 13, 2020   Huawei wants more public consultations on 5G regulations in RO Chinese group Huawei believes it meets all the requirements listed in the draft regulations for the participation of technology companies in developing the 5G infrastructure in Romania. (...) Aug 13, 2020   Romanian aluminium maker Alro reports three times higher profit Alro Group, the largest aluminum producer in Romania and one of the largest aluminum producers in Europe, reported a RON 253.6 mln (EUR 52.4 mln) net profit in the first half of the year, three (...) Aug 13, 2020   5-to-go coffee shop franchisor waives fees for a year 5 to go, the largest coffee shop chain in Eastern Europe and the biggest franchise in Romania, announced that it will support Romanian entrepreneurs by waiving franchise fees for one year for new (...) Aug 13, 2020   RO supermarket chain Penny teams up with car parts retailer for home deliveries Rewe Romania, part of the German group of the same name and the operator of the discount chain Penny, developed a partnership with Auto Total, the leading car parts distribution group in Romania, (...) Aug 13, 2020   BCG: Romania needs more FDI to capitalise on its cheap labour force Romania could benefit from the shrinking foreign trade between China and the other major economies (American, European) by increasing its role as a manufacturing hub, Boston Consulting Group (...) Aug 13, 2020   Romania’s debt-to-GDP ratio surpasses 40% at end-Jun Romania's public debt increased by RON 57.3 billion (EUR 11.8 bln) in the first half of the year, to RON 430.8 billion (EUR 88.98 bln), or 40.2% of the GDP, according to data published by the (...) Aug 13, 2020   Romania’s inflation rate rises to 2.8% in July Romania's annual inflation rate accelerated in July by 0.2 percentage points compared to June, to 2.8%, based on the local methodology. ___STEADY_PAYWALL___ Under the harmonized HICP standards, (...) Aug 13, 2020