#EPelection2019/ PSD leader Dragnea heralds new types of support for animal breeders
The ruling Social Democratic Party (PSD) leader Liviu Dragnea on Sunday heralded in southeastern Tulcea the doubling of the subsidy granted to sheep wool per kilogram, a new programme for the (...)
May 19, 2019
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PM Dancila calls for respect of traditional values, asks for decency in promoting messages in public space
Prime Minister Viorica Dancila on Saturday called for the respect of traditional values and symbols, asking for "decency in promoting messages in public space".
The prime minister (...)
May 18, 2019
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#EuropeanParliament2019 Iohannis: PSD doesn’t matter in Europe, they have proven not capable of anything
President Klaus Iohannis, present at the National Liberal Party (PNL) electoral in Bucharest, voiced his conviction that this party will go on to win the elections to the European Parliament, (...)
May 18, 2019
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PM Dancila: We must seek third markets to increase exports, to attract investment
Romania must seek third markets, such as the Arab countries and China, both in order to increase exports and to attract investment in our country, Prime Minister Viorica Dancila said on Friday, (...)
May 17, 2019
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President Iohannis: Those who rule should understand situation in education is disastrous
Those who rule in Romania must understand that the current situation in education, which is disastrous, can no longer continue, said President Klaus Iohannis on Friday, while participating in the (...)
May 17, 2019
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Central Bank Doesn't Rule Out Rate Hikes This Year
Romania's central bank doesn't rule out raining the benchmark interest rate this year but doesn't foresee such a move either, governor Mugur Isarescu said (...)
May 17, 2019
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China’s Liting Universal Group Opens Lighting Fixtures Factory In Braila, In EUR17M Investment
Glorious Lighting SRL, held by Chinese company Liting Universal Group, has invested EUR17 million in a lighting fixtures factory in Braila (eastern Romania), which will initially employ 200 (...)
May 17, 2019
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Condmag Brasov 1Q Loss Nearly Halves To RON905,460
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) on Friday said its revenue grew 14.68% year-on-year to RON686,451 in the first quarter of 2019, and its loss nearly halved to RON905,460, (...)
May 17, 2019
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BNR forecasts 4.2 pct inflation for end of year
The National Bank of Romania (BNR) upwardly revised to 4.2 percent the inflation estimate for the end of the year, forecasting a 3.3 percent inflation for 2020, BNR governor Mugur Isarescu told a (...)
May 17, 2019
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#EuropeanParliamentElections2019/MAE started sending ballot papers for European elections and referendum to polling stations abroad
The Foreign Affairs Ministry (MAE) started on Thursday to send the necessary material for the voting abroad in the elections to the European Parliament and the national referendum on Justice, (...)
May 17, 2019
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PM Dancila says gov’t considering building new hospitals, besides increasing doctor’s pay
The government is considering building new hospitals and equipping them with the necessary equipment, besides the approved raise in the pay to doctors and other healthcare staff, Prime Minister (...)
May 17, 2019
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Romania Central Bank Raises Year-End Inflation Forecast to 4.2% from 3%
Romania's central bank revised its 2019 year-end inflation forecast to 4.2%, well above its variation target band, from a previous forecast of 3%, after the annual rate climbed to a higher than (...)
May 17, 2019
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30 Embassies and international representations in Bucharest send message on International Day Against Homophobia,Transphobia and Biphobia
Approximately 30 Embassies and the European Commission Representation in Romania conveyed a joint message of solidarity with all the marginalised groups and against discrimination on the (...)
May 17, 2019
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Top Five Banks in Romania See Almost RON1.4B Profit in Q1
The largest five actors on the Romanian banking market, Banca Transilvania, BCR, BRD-SocGen, UniCredit and Raiffeisen Bank remained profitable in the first quarter of 2019, and their cumulated (...)
May 17, 2019
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Fildas-Catena Beats A&D Pharma to Top Spot on Pharmaceutical Wholesale and Retail Market
Fildas-Catena group held by entrepreneur Anca Vlad posted 7.7 billion lei (EUR1.6 billion) revenue in 2018 with its pharmaceutical wholesaler Fildas and pharmaceutical retailer Catena, up 40% (...)
May 17, 2019
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MAE:Romania - firm supporter of boosting cooperation between EU and Central Asia states
The Foreign Affairs Ministry (MAE) welcomes the adoption by the European Commission and the EU High Representative of the European Union for Foreign Affairs and Security Policy of the Joint (...)
May 17, 2019
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McDonald’s Sales Up 15% to RON780M in 2018
Fast food restaurant chain McDonald’s, the leader of the market in Romania, ended last year with 780 million lei (EUR164 million) sales, some 15% higher than in 2017. McDonald’s sales have been on (...)
May 17, 2019
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Senior Romanian official Grigore attends Foreign Affairs Council (FAC) meeting dealing with development
Senior official with Romania's Foreign Ministry (MAE) Maria Magdalena Grigore attended a meeting of the EU development ministers as part of a Foreign Affairs Council (FAC - Development) (...)
May 17, 2019
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Southern Highway will connect Constanta / Black Sea port with West of Romania and Serbia, Italy, Switzerland, France
By Edwig Ban The president of the ruling party in Romania said on Thursday that the government will start the procedure of selecting the firm to deal with the construction of the South Motorway. (...)
May 16, 2019
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PSD’s Dragnea on European Commission warning letter: Corina Cretu has voted against Romania
Chairman of the ruling Social Democratic Party (PSD) Liviu Dragnea said on Thursday that if the College of Commissioners has unanimously voted on the letter whereby the European Commission warns (...)
May 16, 2019
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New Car Registrations Grow 22%, Used Cars Drop 7% in Jan-Apr
New car registrations in Romania grew 22% on the year in January-April, to 44,957 units, while second-hand car registrations dropped 7%, to 145,823 units, data from Romania’s association of (...)
May 16, 2019
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#EuropeanParliament2019 Tariceanu: Interest for EP, not at desired level, debate monopolised by internal topics
Chairman of the Alliance of Liberals and Democrats (ALDE, junior coalition partner) Calin Popescu Tariceanu told a press conference held Thursday in Satu Mare that interest in the elections to (...)
May 16, 2019
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Romania Raises RON750M Selling Oct 2021 Bonds at 3.83% Average Yield
Romania's finance ministry on Thursday raised 750 million lei (EUR157.5 million), above its initial RON500 million plan, selling treasury bonds maturing in October 2021 at an average yield of (...)
May 16, 2019
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Insurer Uniqa's Underwritings in Romania Grow 10% in 1Q, to EUR25.4M
Austrian group Uniqa, which owns in Romania general insurance company Uniqa Asigurari and life insurance company Uniqa Asigurari de Viata, reported underwritten gross premiums totaling EUR25.4 (...)
May 16, 2019
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PM Dancila: Bosnia and Herzegovina’s success in European accession process contributes to Western Balkans’ stability
Bosnia and Herzegovina's success in the European accession process contributes to the stability and prosperity of the Western Balkans and the European Union as a whole, Prime Minister (...)
May 16, 2019
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Artego Targu-Jiu Profit Surges 86% YoY To RON2.9M In 1Q/2019
Romanian conveyor belt maker Artego Targu Jiu (ARTE.RO) had a turnover of RON40.3 million in January-March 2019, up 9.4% from the year-earlier period, and a profit of RON2.9 million, up 86% (...)
May 16, 2019
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PM Zvizdic says European integration, NATO membership very important to Bosnia-Herzegovina’s future
European integration and NATO membership are very important to the future of Bosnia and Herzegovina; they are two main foreign policy goals and an important pillar for stability in the Balkans (...)
May 16, 2019
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Antiobiotice Iasi 1Q Net Profit Flat At RON3.2M, Sales Revenue Up 19% To RON65M
Pharmaceutical company Antibiotice Iasi (ATB.RO) on Thursday said its sales revenue grew 10% year-on-year to RON65 million in January-March 2019, and its net profit stagnated at RON3.27 (...)
May 16, 2019
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Patria Bank 1Q Loss Shrinks 88% To RON2M
Patria Bank reported total operating income of RON39.5 million in January-March 2019, compared to RON30 million in the year-earlier period, and a loss of RON2.2 million, 88% lower than the level (...)
May 16, 2019
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Heavy rain expected in 12 counties, raising weather instability for rest, until Sunday
The National Weather Administration on Thursday issued a new code yellow warning for t-storms in seven counties and the mountain area in five other counties, valid from Thursday, 12:00hrs until (...)
May 16, 2019
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