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Today Friday, February 22, 2019 in the Romanian Newspapers



​Romanian magistrates in unprecedented wave of protests against changes to Justice laws
Romanian magistrates across the country on Friday launched a series of protests against a recent emergency ordinance by which the government introduced a series of unannounced changes to the laws of justice. The protests, which are due to continue next week and include organised suspensions of activity, are warning that the independence of Romanian judiciary is threatened for political (...) Feb 22, 2019
 





UDMR to have its own candidate for presidential elections
The Hungarian Democratic Union of Romania (UDMR) chairman Kelemen Hunor said on Friday, before the start of the Union's Congress, that his party will have its own candidate for (...)
Feb 22, 2019

 
Cecilia Malmstrom: Swift action needed for WTO not to fall apart
The World Trade Organization (WTO) is in a difficult situation at the moment, and swift action is needed for this entity not to fall apart, Cecilia Malmstrom, European Commissioner for Trade told (...)
Feb 22, 2019

 
DNA stocktaking report: In 2018, cases worth EUR 412 million in damages sent to court
Interim chief prosecutor of the National Anti-corruption Directorate (DNA) Calin Nistor said on Friday at the presentation of the institution's stocktaking report that in 2018, DNA has (...)
Feb 22, 2019

 



Romania Fuel Prices, Taxes Excluded, Above EU Average
Romania’s petrol and diesel prices, taxes excluded, currently exceed the European Union average and are higher than prices in 15 EU countries, among which Austria, Finland, Germany, UK, Bulgaria (...)
Feb 22, 2019

 
President Challenges 2019 Budget At Constitutional Court
Romanian President Klaus Iohannis challenged the 2019 budget bill at the Constitutional Court on Friday, calling it a "budget of national shame" and criticizing the country's Government for (...)
Feb 22, 2019

 
Telekom Romania Stops Using Orange's 4G Network
Telekom Romania has terminated a contracts that allowed it to use Orange's 4G network as the two telecom operators failed to reach an agreement to continue cooperating on this segment, Telekom (...)
Feb 22, 2019

 
Mulberry Development CEO Designated 2018 Entrepreneur of the Year by EY
Ovidiu Sandor, CEO of real estate developer Mulberry Development, was designated the winner of the EY Entrepreneur Of The Year – Romania 2018 competition out of 43 (...)
Feb 22, 2019

 
Mulberry Development CEO Designated 2018 Entrepreneur of the Year by EY
Ovidiu Sandor, CEO of real estate developer Mulberry Development, was designated the winner of the EY Entrepreneur Of The Year – Romania 2018 competition out of 43 (...)
Feb 22, 2019

 
UPDATE Iohannis calls 2019 national budget budget of national disgrace, vows to refer it to court
President Klaus Iohannis on Friday says he will refer the 2019 budget draft bill to the Constitutional Court of Romania (CCR). "There are, unfortunately, unconstitutionality aspects in this (...)
Feb 22, 2019

 
Iohannis calls 2019 national budget budget of national disgrace, vows to refer it to court
President Klaus Iohannis on Friday says he will refer the 2019 budget draft bill to the Constitutional Court of Romania (CCR). "I will refer today to the CCR the 2019 budget, the budget of (...)
Feb 22, 2019

 
Farmaceutica Remedia 2018 Consolidated Sales Up 32% On Year To RON463M
Farmaceutica Remedia Deva (RMAH.RO), which operates a 100-pharmacy chain, registered consolidated sales of RON463 million in 2018, up 32% year-on-year, with the retail segment generating RON96 (...)
Feb 22, 2019

 
New development, transport minister sworn in office
Social Democrats Daniel Suciu and Razvan Cuc on Friday were sworn in office as deputy prime minister and minister of regional development and public administration, and minister of transport, (...)
Feb 22, 2019

 
Engie Romania Acquires Gazprom’s Shares In Natural Gas Distributor Wirom
ENGIE Romania has acquired the shares held by Gazprom Schweiz AG and its subsidiaries in natural gas services supplier and distributor Wirom, which operates in southern (...)
Feb 22, 2019

 
Press Review - February 22, 2019
Feb 22, 2019

 
PM Dancila talks with Germany’s Federal EcoMin Altmaier about public-private partnership projects
Prime Minister Viorica Dancila met with Germany's Federal Minister for Economic Affairs and Energy Peter Altmaier, with the two officials discussing about the economic relations between (...)
Feb 22, 2019

 
Builder CON-A Sees Decline in Revenue in 2018
Sibiu-based builder CON-A held by entrepreneur Mircea Bulboaca saw its revenue shrink by almost 25% to EUR97 million in 2018. The decline came after a 2017 when CON-A had become the largest (...)
Feb 22, 2019

 
PORR Construct to Invest EUR100M in Two Hotels in Bucharest with Two Partners
Austria’s PORR Construct plans to enter the hotel market in Bucharest along with two partners and build two new four-star hotels as business travel is on the (...)
Feb 22, 2019

 
President Iohannis signs decrees appointing two ministers
President Klaus Iohannis signed on Thursday decrees appointing Vasile Daniel Suciu deputy prime minister and minister of regional development and public administration and Alexandru-Razvan Cuc (...)
Feb 22, 2019

 
Pharmaceutical Retail and Wholesale Group Fildas Sees EUR1.6B Revenue In 2018
The Fildas group, which includes the retail pharmacy chain Catena, the largest actor on the pharmaceutical retail market and pharmaceutical wholesaler Fildas Trading, posted more than EUR1.6 (...)
Feb 21, 2019

 
#Romania2019.eu/Malmstrom: Should WTO collapse, there would be catastrophic consequences in economy
The World Trade Organization (WTO) needs to be reformed urgently and needs to be strengthened, because at present it is incapable of making decisions, European Commissioner for Trade Cecilia (...)
Feb 21, 2019

 
#Romania2019.eu/ Meeting of Joint Parliamentary Scrutiny Group on Europol, on 24, 25 February in Bucharest
The meeting of the Joint Parliamentary Scrutiny Group (JPSG) on Europol is to take place on 24 and 25 February in Bucharest, in the context of the parliamentary dimension of the Romanian (...)
Feb 21, 2019

 
PSD: As of today, Iohannis’ electoral campaign, to cost 6.9 million euro per day
The Social Democrats argue that "starting today" President Klaus Iohannis' campaign will cost Romania 6.9 million euro a day, representing European funds not absorbed by the (...)
Feb 21, 2019

 
Tourism is priority sector, current Government has taken concrete steps
Tourism is a priority sector in Romania, and the current Government has taken concrete steps that have led to its substantial growth, Deputy Prime Minister Viorel Stefan said on Thursday at the (...)
Feb 21, 2019

 
Romania Raises RON410M Selling June 2023 Bonds at 4.27% Average Yield
Romania's finance ministry on Thursday raised 410 million lei (EUR86.2 million), more than its initial plan for RON300 million, selling treasury bonds maturing in June 2023 at an average yield of (...)
Feb 21, 2019

 
Euler Hermes: Romania Construction Sector Sees Third Consecutive Year Of Decline In 2018
Romania’s construction sector registered in 2018 the third consecutive year of decline, with a decrease of 4%, and the residential construction segment saw the biggest decline, of 25%, according (...)
Feb 21, 2019

 
Patria Credit Posts EUR900,000 Net Profit in 2018
Patria Credit, the non-banking financial institution owned by Patria Bank Group, which funds farmers and micro-enterprises, on Thursday said it had a net profit of EUR900,000 in 2018 and its loan (...)
Feb 21, 2019

 
President Iohannis to meet Egyptian counterpart
Romania's President Klaus Iohannis will hold consultations with his Egyptian counterpart Abdel Fattah El-Sisi on the side-lines of the EU-League of Arab States Summit, to be held in Sharm (...)
Feb 21, 2019

 
Third Consecutive Day Of Growth For Three-Month Money Market Rate
The three-month money market interest rate used to calculate interests for consumer loans in lei, grew to 3.28% a year on Thursday, from 3.25% a year on Wednesday, central bank data (...)
Feb 21, 2019

 
JusMin Toader to start appointment procedure for new Prosecutor General
Justice Minister Tudorel Toader announced on Thursday that he will start the appointment procedure for the new Prosecutor General of Romania. "I will go to the Ministry and start the (...)
Feb 21, 2019

 
Minister Intotero meets representatives of Brisbane’s Romanian community
The Minister for Romanians Abroad Natalia-Elena Intotero had a meeting with representatives of the Romanian community of Brisbane, Australia, who indicated their interest in keeping cultural and (...)
Feb 21, 2019

 
Cora CEO Denies Rumors of Plans to Sell Romanian Operations
French hypermarket chain Cora will remain in Romania and will continue to expand on the local market, Cora Romania CEO develop Thierry Destailleur said Thursday, dismissing rumors of a potential (...)
Feb 21, 2019

 
Patria Bank Switches To RON495,000 Profit In 2018 Vs RON42M Loss In 2017
Lender Patria Bank (PBK.RO) ended 2018 with a profit of RON495,000, compared with a loss of RON42 million in 2017, after the lender registered a combined profit of RON23.7 million in the third (...)
Feb 21, 2019

 
Top Brands Supplying Home Appliances to Romanian Consumers: Arctic, Samsung and Philips
Romanians spent EUR890 million on home appliances last year and almost 75% of the money went to cooking appliances, washing machines and refrigerators, that is large home (...)
Feb 21, 2019

 

 
CHANGE
 
 
#Romania2019.eu/Malmstrom: Should WTO collapse, there would be catastrophic consequences in economy

#Romania2019.eu/ Meeting of Joint Parliamentary Scrutiny Group on Europol, on 24, 25 February in Bucharest

PSD: As of today, Iohannis’ electoral campaign, to cost 6.9 million euro per day

Tourism is priority sector, current Government has taken concrete steps

Romania Raises RON410M Selling June 2023 Bonds at 4.27% Average Yield

Euler Hermes: Romania Construction Sector Sees Third Consecutive Year Of Decline In 2018

Patria Credit Posts EUR900,000 Net Profit in 2018

President Iohannis to meet Egyptian counterpart

Third Consecutive Day Of Growth For Three-Month Money Market Rate

JusMin Toader to start appointment procedure for new Prosecutor General

Minister Intotero meets representatives of Brisbane’s Romanian community

Cora CEO Denies Rumors of Plans to Sell Romanian Operations

Patria Bank Switches To RON495,000 Profit In 2018 Vs RON42M Loss In 2017

Top Brands Supplying Home Appliances to Romanian Consumers: Arctic, Samsung and Philips

Orange Romania 2018 Total Revenue Up 5% On Year To EUR1.125B

Electrica Group Targets RON739M Investments In 2019

Telekom Romania Group 2018 Revenue Down 4% To EUR933M, Operating Profit Down 17% To EUR138M

#Romania2019.eu/Romanian presidency of Council of EU gets support from member states for Natural Gas Directive

ZF Power Summit 2019: Electricity And Gas Price Caps Benefit Those Who Don’t Invest And Resell

Press Review - February 21, 2019

Minister-delegate Ciamba meets Portugal’s StateSec Zacarias; discussions focused on EU developments in relation to current agenda

#Romania2019.eu/ Negotiations to start on position on regulation on European Border and Coast Guard

Paper Bag Manufacturer Barleta Expects Double Digit Growth in 2019

Romgaz Signs Letter of Intent to Join Southern Corridor

President Iohannis: On this day we commemorate sufferings endured by Roma people for centuries

Presidency: 2019 Budget Disregards Economic Context

Top EU officials including Frans Timmermans become subjects of complaint registered by Romanian body claiming to investigate Justice-related crimes

Amendments to Justice laws contravene institutional architecture set by Constitution (DIICOT)

Mazarine Energy: Romania has reserves of one billion barrels of oil, we will continue to invest in the on-shore area

All Money Market Rates See Strong Growth For Second Consecutive Day

Transilvania Leasing si Credit 2018 Profit Surges 46% To Nearly RON1M

Orsova Shipyard Profit Grows 4.8%, to RON2.8M in 2018

President to decide on national budget; draft budget passed by intended for majority welfare (spokesperson)

Sorin Boza: Energy Holding CE Oltenia Targets Investments of EUR100M In 2019

Black Sea Oil & Gas CEO Expects Tax Decree To Be Scrapped by 2021

ING Survey: Over 60% of Romanians Expect To Be Working Beyond Retirement Age

OMV Petrom CEO: We Plan To Go Ahead With Investments In Romania, But We Want Predictability And Liberalized Market

Romanian Banking System NPL Rate Drops Below 5% in 2018

Coface: 2018 Insolvencies At 2017 Level, But Seen 20% Higher In 2019-2020

Romgaz supports the development of the Southern Gas Corridor from Caspian and Middle Eastern regions to Europe

 

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