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Today Wednesday, August 5, 2015 in the Romanian Newspapers

Empty passenger train derails near Brasov blocking the railway to Sibiu
A passenger train operated by private carrier Regiotrans derailed on Wednesday close to the city of Brasov, in the center of Romania. The train had no passengers on board, but the accident caused damages to the railway infrastructure, according to local portal brasovultau.ro. The accident blocked the rail traffic in the area, and all trains […] The post Empty passenger train derails near Brasov blocking the railway to Sibiu appeared first on (...) Aug 5, 2015
 


TaxAdministration head: Infringement procedure against Romania on VAT refunding could end within days
The infringement procedure against Romania on VAT refunding triggered by the European Commission in September 2013 could end within days, the chairman of the National Tax Management Agency (ANAF) Gelu Stefan Diaconu announced at a news conference on Tuesday.
Aug 4, 2015

 
Central bank revises 2015 inflation projection downwards
The National Bank of Romania (BNR, the central bank) revised this year's inflation projection downwards, with the inflation to stay negative in the next three quarters and return to a positive area afterwards, BNR Governor Mugur Isarescu announced at a news conference on Tuesday.
Aug 4, 2015

 
IMF's Schaechter, Tolosa:Tax Code as endorsed by Parliament would push deficit to 3pct of GDP
The Tax Code as approved by the Romanian Parliament would generate an increase of the budget deficit to 3pct of the Gross Domestic Product (GDP); it would endanger the economic achievements obtained by Romania in the past years and cause a return to austerity, reads the document "A Critical Decision" signed by Andrea Schaechter, International Monetary Fund mission chief for Romania, and Guillermo Tolosa, IMF resident representative for Bulgaria and Romania.
Aug 4, 2015

 


           


EUR80M Investment In Shopping Center, Office Building In Timisoara
Alpha Group Investments Ltd, the investment division of Alpha Bank, and TBE Business Solutions will invest EUR80 million in a shopping center and an office building spreading on 60,000 square (...)

 
Eurostat: Romania, sixth in the European Union in terms of rises in the June 2015 industrial producer prices
Romania was sixth in the European Union in terms of rises in the June 2015 industrial producer prices on a monthly basis, while the same indicator declined 0.1 per cent in the Eurozone, according (...)

 
Romanian alpinist raises EUR 100,000 to help earthquake-stricken Nepal
The “Joy for Nepal” fundraising campaign initiated by Romanian alpinist Alex Gavan to finance post-earthquake reconstruction projects in Nepal has raised over EUR 100,000 worth of donations. Almost (...)

 
Issue of the Day : To the attention of Andrea Schaechter and Guillermo Tolosa
We had not seen until now the officials of a prestigious international institution intervening so brutally in the internal affairs of the state in which they reside or (in the case of Ms. (...)

 
GDF Suez Energy Romania Net Profit At RON443M In 2014
GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, reported a net profit of 443.05 million lei (EUR99.7 million) in 2014, similar with RON447.07 million a year (...)

 
MOL Romania Sales Volume Up 13% In 1H/2015
Hungarian group MOL's fuel sales in Romania rose 13%, by volume, on the year in the first half of 2015, following the expansion of its gas station network, the group said (...)

 
ING Bank Romania Posts 6% Lower Net Profit In 1H
ING Bank Romania reported a 6% lower net profit for the first six months, while both its loan portfolio and attracted deposits posted significant gains, the lender said in a statement (...)

 
First month with VAT of 9 pc: Higher revenues against deflationary backdrop
This comes as a consequence of diminished tax evasion and the strengthening of the tax collection system’s capacity   In July this year the National Agency for Fiscal Administration (ANAF) (...)

 
Romania ranks 6th in EU for rise in industrial producer prices
Romania ranked sixth in the European Union for the increase in industrial producer prices in June, compared to the previous month. Romania had a 0.1% growth, whereas Spain posted the highest (...)

 
Alba Iulia Court of Appeal releases motivation for ruling in Iohannis vs. ANI file: No conflict of interest
President Klaus Iohannis was in no conflict of interest when he signed, in December 2010, a service agreement between the Sibiu Municipality and the Tipografia Honterus printing house, a company (...)

 
Romania's retail trade turnover accelerates growth after VAT rate cut on food
Romania’s retail trade turnover increased by 4.8% in the first half of the year, compared to the same period in 2014. The sector’s growth was due to the increase in the sales of food, beverages and (...)

 
Proposals for new education law: 12 compulsory years and statute of public authority for teachers
The Ministry of Education is currently holding consultations with teachers, pupils and students on the new education law. The Education Ministry specialists have talked to representatives of the (...)

 
Romania's electricity production goes up by over 10%
Romania’s electricity production reached 64.8 TWh last year, up by 10.5% compared to 2013. The domestic consumption amounted to 57.7 TWh, up by 1.9% compared to 2013. Romania was a net exporter, (...)

 
The IMF warns that unrealistic fiscal relaxation could endanger Romania's hard-earned macroeconomic stability
The International Monetary Fund (IMF) has advised Romania to temper the extent and speed of implementing the fiscal policy relaxation measures and the new spending plans, to be able to gradually (...)

 
Guitar season at the foot of Semenic Mts.
Thousands of fans are expected at the newest edition of the folk festival that will take place in Lupului Valley, at the foot of the Semenic Mountains. Mircea Vintila, Victor Socaciu, Vasile (...)

 
Nicolae Robu, proposed by PNL for new term as Mayor of Timisoara
The Timis Organisation of the National Liberal Party (PNL) has proposed incumbent Mayor of Timisoara Nicolae Robu as their candidate for a new term as mayor of the city. The Liberals, however, (...)

 
Electricity production up by 10.5 pc last year •Romania was a net exporter of energy
Electricity production stood at 64.863 TWh last year, approximately 10.5 per cent higher than the one registered in 2013. Romania was a net exporter of electricity, its electricity trade (...)

 
7.6 million lei for improving detention in several penitentiaries
Administration of the Penitentiaries has earmarked 7.6 million lei to improve the detention conditions in several penitentiaries; the money was assigned when operating this year’s first budget (...)

 
Romania, tara codurilor cu probleme
Unul dintre cele mai des folosite cuvinte in spatiul public romanesc este fara indoiala cuvantul “cod”, care parca e un cuvant predestinat sa duca la certuri si motive de discordie intre (...)

 
Romania's central bank expects negative inflation in the next three quarters
The Romanian National Bank (BNR) has revised downwards the inflation forecast for this year, expecting negative consumer price evolutions in the three next quarters, as a result of the fiscal (...)

 


AHK's radiography of the Romanian economy: German-capital companies have increasingly higher (...)
Germany, Grexit and Europe (III)
Gabriel Resources posts net losses of 4.6m dollars in Q2
BRD Net Profit More Than Doubles To RON270M In First Six Months
Largest transaction in the healthcare sector: Private equity fund buys the Regina Maria (...)
Summer Well, vacation festival
Press Review - August 5, 2015
Cheap Oil Hurts Grup Servicii Petroliere's Business
How Brokers Came To Dominate Sales Of Insurance Policies
Ducarroz, Orange: More Than Half Of Our Customers Own A Smartphone
Romanian Executive Put In Charge Of PepsiCo Operations On 12 Markets
Mostenirea Guvernului Ponta
IMF's Schaechter, Tolosa: Fiscal Code as endorsed by Parliament would push deficit to 3pct of (...)
Romanian prison inmates have written 157 books since 2014
Suspended Mayor Marian Vanghelie remains on house arrest
Elena Udrea, Dorin Cocos and Alina Bica heard before High Court
And Romania's nomination for next year's Oscars is...
Prosecutors order splitting of three cases in Lukoil investigation
Heat wave is back
Romania Not Threatened By Deflation, Central Bank Head Says
Central Bank to "fight" deflation this year
Bucharest Stocks Close Higher, Traded Value Stays Low
PNL's Prime minister-designate: ‘We initiate talks with PSD who I hope will come to its (...)
Romania nominates "Aferim!" by Radu Jude to compete for Academy Awards
‘Working all together for Paris Climate 2015′ - online campaign of the French Embassy in (...)
Private Equity Firm Mid Europa Partners Buys Regina Maria
BNR Sees Inflation In Negative Territory For Next 3 Quarters
Constanta Port Posted 11% Higher Revenue On Boost Of Grains Trading
Urgent Cargus Eyes 20% Higher Revenue In 2015
(P) Get informed and inspired in Romania! Join the Expat Fair - The Meeting Point for (...)
VAT Cash-Ins Up Only 1% In July
Foreign Currency Transactions Flat On Year In July
Heineken Saw Higher Beer Volumes In Romania In 1H
Drought Triggers EUR2B Losses, Product Price Hikes - LAPAR
New amusement park in Bucharest's Herastrau park features highest Ferris wheel in (...)
A Critical Decision
Farmaceutica Remedia 1H Turnover Fell 5.5%, Profit Plunged 95%
BNR keeps unchanged monetary policy rate at 1.75 pct per annum, statutory reserves
National Road Management Corporation tenders roads maintenance contract worth almost 16 ml (...)
Romanian landscape, among the winners of this year's National Geographic Traveler Photo (...)

 
CHANGE
 
 
Romania's central bank expects negative inflation in the next three quarters

AHK's radiography of the Romanian economy: German-capital companies have increasingly higher confidence in the Romanian economy

Germany, Grexit and Europe (III)

Gabriel Resources posts net losses of 4.6m dollars in Q2

BRD Net Profit More Than Doubles To RON270M In First Six Months

Largest transaction in the healthcare sector: Private equity fund buys the Regina Maria network

Summer Well, vacation festival

Press Review - August 5, 2015

Cheap Oil Hurts Grup Servicii Petroliere's Business

How Brokers Came To Dominate Sales Of Insurance Policies

Ducarroz, Orange: More Than Half Of Our Customers Own A Smartphone

Romanian Executive Put In Charge Of PepsiCo Operations On 12 Markets

Mostenirea Guvernului Ponta

IMF's Schaechter, Tolosa: Fiscal Code as endorsed by Parliament would push deficit to 3pct of GDP

Romanian prison inmates have written 157 books since 2014

Suspended Mayor Marian Vanghelie remains on house arrest

Elena Udrea, Dorin Cocos and Alina Bica heard before High Court

And Romania's nomination for next year's Oscars is...

Prosecutors order splitting of three cases in Lukoil investigation

Heat wave is back

Romania Not Threatened By Deflation, Central Bank Head Says

Central Bank to "fight" deflation this year

Bucharest Stocks Close Higher, Traded Value Stays Low

PNL's Prime minister-designate: ‘We initiate talks with PSD who I hope will come to its senses'

Romania nominates "Aferim!" by Radu Jude to compete for Academy Awards

‘Working all together for Paris Climate 2015′ - online campaign of the French Embassy in Bucharest

TaxAdministration head: Infringement procedure against Romania on VAT refunding could end within days

Private Equity Firm Mid Europa Partners Buys Regina Maria

Central bank revises 2015 inflation projection downwards

BNR Sees Inflation In Negative Territory For Next 3 Quarters

Constanta Port Posted 11% Higher Revenue On Boost Of Grains Trading

Urgent Cargus Eyes 20% Higher Revenue In 2015

(P) Get informed and inspired in Romania! Join the Expat Fair - The Meeting Point for Internationals living in Bucharest!

IMF's Schaechter, Tolosa:Tax Code as endorsed by Parliament would push deficit to 3pct of GDP

VAT Cash-Ins Up Only 1% In July

Foreign Currency Transactions Flat On Year In July

Heineken Saw Higher Beer Volumes In Romania In 1H

Drought Triggers EUR2B Losses, Product Price Hikes - LAPAR

New amusement park in Bucharest's Herastrau park features highest Ferris wheel in Romania

A Critical Decision

 

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