President Iohannis: Good meeting with President Macron. French President will be visiting Romania in the upcoming period
French President Emmanuel Macron will be visiting Romania in the upcoming period, representatives of the Presidential Administration told Agerpres on Friday. President Iohannis met on Friday (...)
Jun 23, 2017
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Resigning ForMin Melescanu believes Romania's imagine damaged by political crisis
Resigning Foreign Affairs Minister Teodor Melescanu believes that Romania’s image has been damaged by the recent domestic political crisis. Melescanu, who attended on Friday in Cluj-Napoca a (...)
Jun 23, 2017
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Bucharest gets ready for extremely hot summer days
The National Administration of Meteorology issued a warning of increased atmospheric instability and thermal discomfort on Thursday, June 22, which is valid until Saturday morning, 04:00. Besides (...)
Jun 23, 2017
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Shorter upgrade works at Bucharest subway stations in office areas
Those working in Bucharest’s northern office areas will have to do without subway transport for a shorter period than initially announced. The time for the modernization works at the capital’s (...)
Jun 23, 2017
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Romanian geo-park proposed for inclusion in UNESCO global sites network
The Romanian Parliament’s UNESCO commission is trying to identify ways to support the Tinutul Buzaului (Buzau Land) geo-park’s inclusion in the UNESCO global sites network, Agerpres reported. Buzau (...)
Jun 23, 2017
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Western Romania city, first in the country to issue company operation licenses online
The City Hall of Cluj-Napoca, in western Romania, will be the first one in the country to start issuing company operation license agreements online. Some 10,000 companies are expected to benefit (...)
Jun 23, 2017
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Hidroelectrica Reports 26% Growth in Gross Profit in January-May
Romania’s state-owned hydropower producer Hidroelectrica registered a gross profit of RON743.7 million in January-May, RON 154.6 million, or 26% higher than in the same period last year, the (...)
Jun 23, 2017
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ANRE: Household Electricity Prices To Drop 5.1%, Corporate Prices To Rise 8.5% As Of July 1
Electricity prices for Romanian households will fall by 5.16% and electricity prices for companies in Romania will increase by 8.53% as of July 1, 2017, the country’s energy watchdog ANRE said in (...)
Jun 23, 2017
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Romania Raises RON120M in Non-Competitive Tender for Feb 2019 Bonds
Romania's finance ministry on Friday raised an additional 120 million lei (EUR26.14 million) at a supplementary, non-competitive tender for February 2019 treasury bonds, central bank data (...)
Jun 23, 2017
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Vodafone Romania CEO moves to India to take higher regional role
Telecom group Vodafone Romania’s CEO Ravinder Takkar will move to India where he will be appointed as Chairman Vodafone Group Services, Regional Business Development, starting July 15, 2017. (...)
Jun 23, 2017
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Ravinder Takkar Ends Term as CEO of Vodafone Romania
Ravinder Takkar will be ending his three-year term as CEO of Vodafone Romania on July 15, 2017 and will be president of Vodafone Group Services, Regional Business Development, the company said in (...)
Jun 23, 2017
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President Iohannis, Denmark's PM Rasmussen talk about European Council's agenda
President Klaus Iohannis on Thursday on the sidelines of the European Council in Brussels, had a bilateral meeting with the Danish Premier, Lars Lokke Rasmussen, at the latter’s request, a release (...)
Jun 23, 2017
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CCR: The participation of the magistrates in the inquiry committees is at their discretion if they are called as simple individuals
The Constitutional Court (CCR) decided, on Wednesday, on the notifications related to the unconstitutionality of the provisions of the Regulation of the Deputies’ Chamber and of the Regulation of (...)
Jun 23, 2017
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Justice Ministry announces public debates on June 28 and July 3, on establishing the threshold value for the abuse of office
Justice Ministry (MJ) announces it will organize two public debates on June 28 and July 3, on amending the provisions of the Criminal Code related to the abuse of office in compliance with the (...)
Jun 23, 2017
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Romania wants to sell treasury certificates to individuals directly
Romania’s Finance Ministry has come up with a new program to borrow money directly from the population. The program called Tezaur is part of the new strategy to manage the public debt between 2017 (...)
Jun 23, 2017
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Supreme Court denies corruption prosecutors' request for arrest warrant to be issued on fugitive businessman Ghita
The High Court of Cassation and Justice (ICCJ) on Thursday denied a request from prosecutors with the Ploiesti National Anti-Corruption Directorate for the issuing of a new pre-trial arrest (...)
Jun 23, 2017
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Bucharest City Hall registers its first five companies
The first five companies controlled by the Bucharest City Hall through its General Council officially registered at The National Trade Register Office and the Finance Ministry. The companies are (...)
Jun 23, 2017
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Over 40,000 lei collected by the Telekom Romania Foundation for two social causes
The third edition of the Brasov International Marathon, powered by Telekom Romania, was not only an occasion to bring together over 2500 people in sport competitions, but also to support two (...)
Jun 23, 2017
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Independent broker withdraws from capital market
Intercapital Invest, one of the largest independent brokerage companies in Romania, announced that it would withdraw from the capital market. It recommended its customers to transfer their (...)
Jun 23, 2017
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Romanian state-owned bank sells EUR 118 mln bad loans to Kruk
State-owned bank CEC Bank, the sixth largest local lender based on its assets, recently sold a package of non-performing consumer loans and credit cards at an 83% discount. CEC Bank received EUR (...)
Jun 23, 2017
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Owner of Romanian tourism group Eurolines negotiates Happy Tour takeover
Dragos Anastasiu, the owner of the Eurolines group, told local Profit.ro that he was interested in buying competitor Happy Tour, one of the largest tourism agencies in Romania. Anastasiu is (...)
Jun 23, 2017
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Some 4,000 Bucharest apartments to get free thermal rehabilitation
A number of 67 residential buildings in Bucharest, with 3,761 apartments, will receive free thermal rehabilitation. The apartment buildings, located in Bucharest’s District 3, will benefit from (...)
Jun 23, 2017
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Construction firms in Romania have higher debts
Construction firms in Romania recorded the highest level of indebtedness last year since 2008, according to a study published yesterday by the credit insurance firm Coface. The indebtedness level (...)
Jun 23, 2017
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Northern Bucharest office district street to widen
The Bucharest City Hall signed yesterday the contract with the association of Straco Grup – Tracon – Primacons Group to widen the Fabrica de Glucoza street, an important road connection in the (...)
Jun 23, 2017
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US Dow Chemical opens first service center in Romania
US group Dow Chemical has opened a polyurethane service center in Codlea, Brasov county in Central Romania, to serve clients from Romania, Bulgaria and the rest of the Balkan countries. The group (...)
Jun 23, 2017
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Several ministers of Grindeanu Government lodge requests to have resignations withdrawn
On Thursday morning, several ministers – including Deputy Premier and Regional Development Minister Sevil Shhaideh, Minister for Romanian Expats Andreea Pastirnac, European Affairs Minister Ana (...)
Jun 23, 2017
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Czech group invests EUR 3.2 mln in retail park in North-Eastern Romania
Czech developer RC Europe will invest EUR 3.2 million in a retail park in Dorohoi, Botosani county, in North-Eastern Romania, which will open at the end of August. The new retail galleria, called (...)
Jun 23, 2017
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Cluj-based firm offers IT solutions to American defense group
Cluj-based IT firm Onyx Beacon is among the suppliers of Lockheed Martin, a US company specialized in global aerospace, defense, security and advanced technologies, which manufactures the F-16 (...)
Jun 23, 2017
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Romania's FinMin estimates 3.25% central government budget deficit
Romania’s Finance Ministry has estimated a central government budget deficit of 3.25% of the GDP in 2017, according to the Strategy for Managing Government debt for 2017-2019, published yesterday. (...)
Jun 23, 2017
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Press Review - June 23, 2017
Jun 23, 2017
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