INTERVIEW Priest Constantin Necula: In Advent we find out how much humanity is left in us
The Advent, which begins on Wednesday, is actually ‘a pilgrimage with the three magi of eternity - faith, hope and love,' says priest Constantin Necula, pastoral and image counselor to the (...)
Nov 14, 2018
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Ford Romania seeks local government’s support with recruitment of 1,700 people
The management of Ford Romania met on Wednesday with mayors from about 30 Dolj County localities and with County Council representatives to present to them the company's offer of 1,700 (...)
Nov 14, 2018
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Bloomberg: “EU Corruption Report Gets the Middle Finger in Romania”
The European Commission’s latest report on Romania’s progress in judicial reform and fighting corruption under the Cooperation and Verification Mechanism (CVM) received negative reviews from the (...)
Nov 14, 2018
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JusMin Toader: CVM Report uses double standard and has political undertone
The Cooperation and Verification Mechanism (CVM) Report released by the European Commission has a political undertone and uses double standards, Justice Minister Tudorel Toader stated on (...)
Nov 14, 2018
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Alexandrion Group Expands Retail Presence Opening Its First Store in Ploiesti
Alexandrion Group, the largest local spirits producer, has opened its first store, in Ploiesti, showcasing the group's entire alcoholic beverage portfolio.
Nov 14, 2018
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Draft law on home detention gets final vote in Romanian Parliament
The Chamber of Deputies adopted on Wednesday, November 14, the draft law on serving jail sentences in Romania. The draft law introduces home detention for those with prison sentences of up to one (...)
Nov 14, 2018
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Romania’s ruling party looks at challenging CVM report in EU court
The ruling Social Democrat Party (PSD) is considering challenging the latest Corruption Verification Mechanism (CVM) report at the European Court of Justice (CJEU), PSD deputy Nicuşor Halici, the (...)
Nov 14, 2018
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Finland's Peikko Acquires Factory Premises Near Bucharest, Starts Production in 2019
Finnish company Peikko Group Corporation, a leading global supplier of slim floor structures and connection technology for precast and cast-in-situ applications, has acquired large factory (...)
Nov 14, 2018
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Lord of the Dance back to Romania next year for summer show
Lord of the Dance – Dangerous Games, the popular show produced by famous Irish-American dancer Michael Flatley, will return to Bucharest in the summer of 2019. The performance will take place on (...)
Nov 14, 2018
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Top governing party politician shows middle fingers to Romania opposition in rebuke to European Commission criticism
An influential deputy of Romania's governing Social Democratic Party (PSD), Florin Iordache, used both his middle fingers towards the Opposition in Parliament on Wednesday, shortly after (...)
Nov 14, 2018
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Tango festival kicks off in western Romania
Timişoara, a city in western Romania, will host this weekend the sixth edition of an international tango festival, gathering over 400 dancers from more than 10 countries. World and European tango (...)
Nov 14, 2018
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SIF Oltenia Revenue Up 70% On Year To RON102.9M In Jan-Sept 2018
Romanian regional investment fund SIF Oltenia (SIF5.RO) on Wednesday said its total revenue surged 70% year-on-year to RON102.9 million in the first nine months of (...)
Nov 14, 2018
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Digi Communications Posts 8.7% Higher Revenue, Of EUR176M, For Its Romanian Operations In 3Q/2018
Digi Communications (Digi.RO) on Wednesday reported revenue of EUR176 million for its Romanian operations, in the third quarter of 2018, up 8.7% compared with the same period in (...)
Nov 14, 2018
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Raiffeisen Bank Nearly Doubles Profit in Jan-Sept, to RON718M
Raiffeisen Bank, the fourth largest lender in Romania by assets, on Wednesday reported a 91% growth in net profit for the first nine months of the year, to RON718 (...)
Nov 14, 2018
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Fake bomb alert in city north of Bucharest triggers evacuation of 180 people
A total of 180 people were evacuated from a hospital and a supermarket in Ploieşti, a city 60 km north of Bucharest, after a bomb alert on November 13. The alert proved to be false and no (...)
Nov 14, 2018
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Comelf 9-Month Revenue Down 17% To RON114M, Net Profit Down 42% To RON2.03M
Romanian industrial equipment maker Comelf Bistrita (CMF.RO), part of Uzinsider Group, on Wednesday said its operating revenue fell 17% year-on-year to RON114 million in the first nine months of (...)
Nov 14, 2018
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Thieves use explosives to steal ATM from Romanian bank but their plan fails
Two thieves tried to steal an ATM from a bank unit in the town of Bolintin Vale, in Giurgiu county, using explosives, local Adevarul reported. However, the attempted robbery failed. The incident (...)
Nov 14, 2018
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Govt. says Romania is ready for EU Council presidency
Romania is ready to take over the EU Council presidency, prime minister Viorica Dăncilă said on November 13, News.ro reported. It is even working on preparing the EU summit set to take place in (...)
Nov 14, 2018
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Antibiotice Iasi 9-Month Sales Up 3% On Year To RON241M
Pharmaceutical company Antibiotice Iasi (ATB.RO) on Wednesday said its sales income rose 3% to RON241 million and its net profit rose 5% to RON21.17 million year-on-year in January-September (...)
Nov 14, 2018
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(P) When is a school much more than just a school?
The answer is when it is a ‘Community’, and there is no better example of this than the International British School of Bucharest. The school’s vision is to ‘Build a Community of Passionate, Lifelong (...)
Nov 14, 2018
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Romania’s Three Largest Airports Account For Over 80% Of Jan-Sep Traffic
Romania’s three largest airports, Henri Coanda (Otopeni), Avram Iancu (Cluj Napoca) and Traian Vuia (Timisoara) served 14 million passengers in January-September, accounting for a little more than (...)
Nov 14, 2018
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Romanian PM says resolution adopted by the European Parliament is “profoundly incorrect”
The resolution on the rule of law in Romania, which the European Parliament adopted on Tuesday, November 13, is “political” and “profoundly incorrect,” the Romanian prime minister Viorica Dancila (...)
Nov 14, 2018
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Bucharest Centennial: Colţea Hospital, the first hospital in the capital of Romania
Romania-Insider.com has started a series of articles about Bucharest landmarks of architecture or history, which have witnessed the last century of what is now the Romanian capital, and (...)
Nov 14, 2018
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Senior official Ciamba, sworn in as new minister-delegate for European affairs
At the Cotroceni Presidential Palace on Wednesday, George Ciamba was sworn in as the new minister-delegate for European affairs, with President Klaus Iohannis underlining on this occasion that (...)
Nov 14, 2018
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Transgaz Net Profit Down 31% On Year To RON299.28M In Jan-Sept 2018
Romania's natural gas transmission company Transgaz Medias on Wednesday said its net profit fell 31% year-on-year to RON299.28 million in January-September (...)
Nov 14, 2018
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Romania reports economic growth of 4.2pct, nine months into 2018
Romania's economic growth over the first nine months of 2018 was 4.2pct, both in unadjusted terms and seasonally adjusted, compared with the same period of 2017; compared with Q2 2018, Q3 (...)
Nov 14, 2018
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Austrian group will invest EUR 25 mln in 8 multiplex cinemas in Romania
Austrian cinema operator Cineplexx plans to invest EUR 25 million in Romania in the next three years. The group will open 8 multiplex cinemas in the country, with a total of 50 screens. The (...)
Nov 14, 2018
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Romania’s economy accelerates in the third quarter
Romania’s gross domestic product (GDP) increased by 4.3%, as a gross series, in the third quarter of 2018 compared to the same period of 2017, according to the flash estimate published on (...)
Nov 14, 2018
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Nuclearelectrica Net Profit Up 28.3% On Year To RON320.99M In Jan-Sept 2018
Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Wednesday said its net profit grew 28.3% year-on-year to RON320.99 million in January-September (...)
Nov 14, 2018
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Developers To Deliver 700,000 Square Meters Of Office Space In Bucharest In The Next Two Years
Almost 10% of the employees in Bucharest work in the IT or related sectors such as telecom and the expansion of their employers will occupy a significant part of the office space to be built in (...)
Nov 14, 2018
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