Romanian student awarded UK architecture prize
Alexandru Cristian Marinescu, a graduate student at Kent School of Architecture, has been awarded by the Royal Institute of British Architects (RIBA). Marinescu, 26, was awarded the Diploma Prize (...)
Jul 27, 2017
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Romanian entrepreneurs crowdfund USD 440,000 for robot-shaped bluetooth speaker
Sound Hero, a Bluetooth speaker in the shape of a humanoid robot, has raised USD 445,000 on the crowdfunding platform Indiegogo. The speaker was designed by a team of Romanians and the project is (...)
Jul 27, 2017
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L'Oreal reaches EUR 70 mln turnover in Romania
French cosmetics producer L’Oreal recorded a turnover of EUR 70 million in Romania last year, up 10% over the previous year, according to official data from the Finance Ministry. The net profit (...)
Jul 27, 2017
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ING Romania's communications director leaves bank after 11 years
Iosefina Frolu, the communications director of the local lender ING Bank, will leave the office on August 7, after 11 years in the company. Frolu joined the bank in 2006, as marketing and (...)
Jul 27, 2017
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Romania's personal insolvency law, postponed again
The personal insolvency law, which allows Romanians with bank debts to declare their own insolvency, will not enter into force in August, as previously decided. The law’s implementation will be (...)
Jul 27, 2017
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Romanian Govt. collects proposals from ministries for law on lobbying
Romania’s Government has asked ministries to send proposals for the bill regulating the lobbying activity in Romania, government sources told Profit.ro. The Government’s version of the draft law (...)
Jul 27, 2017
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C&W Echinox: Romania's Industrial & Logistics Space Stock Expected To Reach 3 Mln Sqm By End-2017
Romania’s industrial and logistics space stock currently stands at 2.65 million square meters and is expected to reach 3 million sqm by the end of 2017, according to a report by Cushman & (...)
Jul 27, 2017
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Public-private partnership law in Romania may go into public debate next week
The future law on public-private partnerships in Romania will differentiate between projects that can be implemented locally and those that need the Government’s approval, according to Ilan (...)
Jul 27, 2017
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Romania offers some of the highest salary increases in Europe
Romanian employees will get some of the highest wage increases in Europe this year, but the rising inflation will negatively impact the wage growth in 2018, according to the Salary Budget (...)
Jul 27, 2017
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Real estate transactions more than double in Romania in first half
The total value of real estate transactions in Romania exceeded EUR 400 million in the first half of this year, up 156% over the same period in 2016. The total value of real estate investments (...)
Jul 27, 2017
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Landmark Romanian mountain monument gets EUR 4 mln for refurbishment
The Caraiman Cross, one of the country’s landmark mountain monuments located in the Bucegi Mountains of the Southern Carpathians, will be refurbished with RON 19 million (EUR 4.2 million). The (...)
Jul 27, 2017
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Orange Romania Posts 11% Growth in Turnover in 2Q
Telecom operator Orange Romania posted a turnover of EUR266.8 million in the second quarter of 2017, 11% higher than in the same period last year.
Jul 27, 2017
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Romania Approves Transaction Between NC KazMunayGas and China Energy Company Limited
KMG International Group (KMGI) on Thursday welcomed the recent decisions of the Romanian authorities approving the transaction signed at the end of 2016 between its main shareholder – national (...)
Jul 27, 2017
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Romania Sells RON300M of March 2022 Bonds at 2.54% Average Yield
Romania's finance ministry on Thursday raised a planned 300 million lei (EUR65.7 million) selling treasury bonds maturing in March 2022 at an average yield of 2.54%, central bank data (...)
Jul 27, 2017
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Romania approves transaction between KMG and China Energy Company Limited
A transaction between National Company KazMunayGas (KMG) and China Energy Company Limited (CEFC) received the approval of the Romanian officials, KazMunayGas International announced in a press (...)
Jul 27, 2017
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President Iohannis decorates troops for proven professionalism in Afghanistan
President Klaus Iohannis signed on Thursday a decree decorating Colonel Simion Sorin Cirstea and Commodore Ilie Toma-Dorel Trusca. The Presidential Administration says Iohannis awarded the (...)
Jul 27, 2017
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BT: Euro/Leu Exchange Rate To Keep Growth Trend On Short And Medium Term; Inflation To Accelerate To 1.2% In 2017
The average euro/leu exchange rate will keep the growth trend on the short and medium term and could reach an average 4.56 to the euro in 2017, 4.58 versus euro in 2018 and 4.60 against the euro (...)
Jul 27, 2017
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Sex, money and lack of education
Several homosexual scandals have recently erupted in the Romanian Orthodox Church (BOR). But the evolution of technology and the wide accessibility of recording devices means that what was once (...)
Jul 27, 2017
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Embassy of China in Romania makes clarifications: The Nature of the China-India Standoff Incident
Regarding the article with the title Doklam: India-China incident, published in Nine O’clock on Wednesday 26 July 2017, the Embassy of China in Romania would like to clarify the following facts to (...)
Jul 27, 2017
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Premier Tudose says first mandate of Romania to Presidency of EU Council, an opportunity that cannot be missed
Romania’s first mandate to the Presidency of the Council of the European Union is an opportunity that cannot be missed, the Prime minister Mihai Tudose says, specifying that a faster mobilisation (...)
Jul 27, 2017
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JusMin Toader, EC First Vice-President Timmermans discuss CVM developments, prospects
Romania’s Justice Minister Tudorel Toader discussed in Brussels on Wednesday with First Vice-President of the European Commission Frans Timmermans recent developments in the Co-operation and (...)
Jul 27, 2017
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An American actor awarded with two Golden Globes is present at the Cantacuzino Castle from Busteni for filming
The unique landscape and the building itself of the Cantacuzino Castle from Busteni made famous foreign screenwriters and actors decide that this is the perfect landscape for filming. Thus, at (...)
Jul 27, 2017
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Parliamentary committee investigating 2009 elections sends new letter to Prosecutor General Lazar
The parliamentary committee inquiring into the 2009 presidential election on Wednesday will send a new letter to Prosecutor General Augustin Lazar, requesting him to put at the committee’s (...)
Jul 27, 2017
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"Prince of Wales" Foundation launches support programme of Romanian military injured in operations theatres
The “Prince of Wales” Foundation Romania launches a support programme of the Romanian military injured in the operation and of those who retire, also announcing a fund raising campaign for their (...)
Jul 27, 2017
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President Klaus Iohannis to attend largest Saxon meeting since 1989; 12,000 participants expected in Sibiu
President Klaus Iohannis will attend the Saxon community’s largest meeting since 1989, on August 4-6, in Sibiu. Around 12,000 representatives of Saxon communities from Romania, Germany, Austria (...)
Jul 27, 2017
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Garanti Bank was awarded by Global Finance as "Best Consumer Digital Bank"
Garanti Bank, one of the most dynamic banks on the local market, was awarded by the world-renowned magazine Global Finance as “Best Consumer Digital Bank” in Romania. The distinction was granted (...)
Jul 27, 2017
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MFP: Budget deficit of 6.3 billion lei, 0.77 pct of GDP in H1
The execution of the consolidated general budget is closed, on this year’s first half, with a 6.3 billion lei (0.77 pct of the Gross Domestic Product) against the 3.9 billion lei (0.51 pct of GDP) (...)
Jul 27, 2017
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Neacsu: I found out Grindeanu will challenge his exclusion from PSD. It will be discussed within appropriate forums
Social Democratic Party (PSD) Secretary General Marian Neacsu stated on Tuesday, in Timisoara, that he found out during the local party branch’s meeting that former party branch leader Sorin (...)
Jul 27, 2017
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Turcan: Wage law generates grave discriminations. City hall civil servants will sue the state
National Liberal Party (PNL) First Vice President Raluca Turcan claims that the wage law is starting to generate “grave discriminations” between the same categories of state institution employees, (...)
Jul 27, 2017
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Basescu: Dragnea is ever more embarrassing, Tudose and the branches are telling him no. Nobody pays any attention to him anymore
Popular Movement Party (PMP) President Traian Basescu wrote on Facebook that PSD leader Liviu Dragnea is becoming “ever more embarrassing” because the measures included in the governing platform (...)
Jul 27, 2017
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