Today Monday, September 16, 2024 in the Romanian Newspapers

Medium-intensity earthquake shakes Bucharest and Eastern Romania An earthquake of magnitude 5.4 shook Romania’s capital Bucharest and parts of Eastern Romania on Monday afternoon, September 16, around 17:40. No damages were reported after the event. According to the National Institute for Earth’s Physics (INFP), the earthquake occurred in the Vrancea (...) Sep 16, 2024

Prodalcom 2023 Turnover Up 3.2% YoY To RON28M In 2023 Prodalcom Botosani, the producer of the Voronskaya vodka brand, owned by three Romanian entrepreneurs, ended 2023 with a turnover of RON28 million (EUR5.6 million), up 3.2% from a RON27.1 (...) Sep 16, 2024   Adiss Concludes RON23M Contract To Expand And Rehabilitate Water Treatment Stations Adiss (stock symbol: ADISS), a Romanian company specialized in water treatment, has announced on Monday (Sept 16) that it concluded a significant contract worth RON22.9 million for the expansion (...) Sep 16, 2024   Digi Romania Announces Redemption Of EUR450M Notes Due In 2025 Telecommunications operator Digi Communications (DIGI.RO) announced that on September 16, its Romanian subsidiary issued a notice of full redemption of EUR450 million senior secured notes (2.5% (...) Sep 16, 2024   Iulius Mall Suceava Starts EUR40M Expansion Process Iulius Mall Suceava has begun an expansion process that will result in the largest retail area in the north of Romania, over 60,000 square meters, in an investment estimated at EUR40 million. Sep 16, 2024   Finance Ministry Raises RON500M From Banks On Sept 16 Romania's Finance Ministry raised RON500 million from banks on Monday (Sept 16), selling government paper at an annual average yield of 6.48%. Sep 16, 2024   OVES Enterprise: IT Service Budgets Are Nearly 20% Lower Compared To Two Years Ago Romania's IT industry, which has seen significant growth until recent years, is now feeling the effects of the global economic crisis; compared to two years ago, the budgets allocated for IT (...) Sep 16, 2024   Romanian Ed-tech Startup Youni Raises EUR1M In New Funding Round To Launch New AI-Based Technology Romanian ed-tech start-up Youni, which developed the younichoice.com platform that helps students find the right university abroad, has attracted a new financing round of EUR1 million from Czech (...) Sep 16, 2024   ALD Automotive And LeasePlan To Operate In Romania Under New Name Of Ayvens ALD Automotive I LeasePlan launches in Romania, Ayvens, its new global mobility brand, uniting the two companies together under a single common identity. Sep 16, 2024   Romania and United States sign USD 10 mln Child Protection Framework Partnership Romania and the United States, through the head of the prime minister’s chancellery Alexandru-Mihai Ghigiu, and the US ambassador to Romania, Kathleen Kavalec, have signed a five-year Child (...) Sep 16, 2024   Storm Boris brings snow on Romania’s Transalpina mountain road A snow layer of around 5 cm has fallen on Romania’s Transalpina mountain road, at altitudes over 1,900 meters, according to Gorj County authorities. The snow is particularly present in the (...) Sep 16, 2024   Kearney: Romanian Clients Are Less Loyal To Traditional Banks Than Their European Peers More than two-thirds (73%) of European bank clients have kept their primary account at the same institution for five years or longer, but Romanian clients are less loyal to their bank compared (...) Sep 16, 2024   Lidl Opens Three New Stores in Bucharest, Sibiu and Rasnov German retailer Lidl continues to invest in Romania by opening three new stores in Bucharest, Sibiu and Rasnov, for which 86 new jobs have been created. Sep 16, 2024   Competition Council Looks into PPC Takeover of Several Romanian Renewable Power Producers Romania’s Competition Council is assessing the deal whereby Greece’s Public Power Corporation (PPC) plans to take over local companies Felix Renewable Holdings SRL, Tomis Team SA, Ovidiu (...) Sep 16, 2024   Automobile Dacia Banks on Automation Dacia’s Mioveni plant will implement a new car paint process in the coming period, a reason why Renault group has asked for a RON37.5 million state aid to cover almost half of the overall RON85 (...) Sep 16, 2024   Romania events: Colm Tóibín, Abdulrazak Gurnah, Zeruya Shalev among guests of this year’s literature festival in Ia?i Nobel Prize for Literature winner Abdulrazak Gurnah, Irish novelist, poet and playwright Colm Tóibín, Spanish author Clara Usón, Israeli writer Zeruya Shalev, and French novelist and essayist (...) Sep 16, 2024   Korean defense giant Hanwha Aerospace set to build armored vehicle factory in Romania Hanwha Aerospace, the largest defense company in South Korea, will begin construction of an armored vehicle factory in Romania at the beginning of next year, according to News.ro. The group (...) Sep 16, 2024   Expansion project at Romania’s famous Turda Salt Mine set to start in 2025 Turda Salt Mine (Salina Turda), one of the most spectacular tourist destinations revealing Romania’s underground wonders, will expand under a project set to kick off in 2025. The plan is to open (...) Sep 16, 2024