August 22, 2014

Independent deputy accuses President of breaching Constitution by supporting party, presidential candidate
Aug 22, 2014

Independent deputy accuses President of breaching Constitution by supporting party, presidential candidate.
Deputy Bogdan Diaconu [a former member of the ruling Social Democratic Party] asserts that President Traian Basescu breached the Constitution by openly supporting the People's Movement Party [PMP] and its presidential candidate Elena Udrea. ‘The President didn't say anything new. We all know he (...)
[Read the article in Nine O`Clock]

Romania's Car Exports Down 13% In 3Q Exports of Dacia and Ford cars dropped by almost 13% in the third quarter from the year-earlier period, according to data provided by the Automotive Manufacturers and Importers Association (APIA).

JYSK Expands Further In Romania Danish furniture and home décor retailer JYSK will open three stores in Romania by yearend, after it has added seven new units to its network so far this year.

Lidl Raises Offices And A Store On Former Bread Plant Site In Bucharest The building of Baneasa plant in northern Bucharest was demolished to make room for an office building and a store German retailer Lidl is set to erect on one quarter of the five-hectare plot.

Nuclearelectrica: Energy Prices Will Go Further Down In 2015 Prices will continue to fall next year and the “scary part” is consumers’ lack of appetite for long-term contracts, says Daniela Lulache, general manager of Nuclearelectrica, the company that generates 20% of Romania’s energy.

Romania Raises EUR1.5B In 10-Year Eurobond Romania raised 1.5 billion euros in ten-year bonds at a record low yield, in the country’s third debt sale on international market in 2014.

Austrian group Verbund to write down EUR 144 mln of its investment in Romanian wind farm Austrian energy group Verbund said it will write down a significant part of its investment in one of the largest wind parks in Romania due to regulatory changes. “Regulatory intervention in the market for green electricity certificates by the Romanian government and a massive surplus of green (...)

Romanian PM suspends three high profile leaders from ruling party The Social Democratic Party (PSD), Romania’s largest political party, which is led by incumbent Prime Minister and presidential candidate Victor Ponta, has been shaken up by several scandals and power struggles in recent months. This determined Ponta to take action and to suspend from all (...) : all romanian news. Copyright © DIRECTWAY | RSS Romaniapress NEWSNews RSS |