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Today Thursday, June 30, 2022 in the Romanian Newspapers



Romania’s tax collection agency checks revenues of crypto-currency traders
Inspectors of Romanian tax collection agency ANAF specialising in tax fraud began checking the revenues derived by local traders of crypto-currency, Economica.net reported. They have screened 63 investors so far. Out of a total of EUR 131 mln achieved by the 63, some EUR 49 mln was either (...) Jun 30, 2022
 





CFA Society poll shows analysts' expectations down to levels seen during lockdown
The Macroeconomic Confidence Indicator calculated by the CFA Romania Association based on a poll among its members decreased to 36.5 points (on a 0-100 scale with 50 indicating balanced (...)
Jun 30, 2022

 
Romanian restaurant chain Spartan takes over rival Taksim in Bucharest
Spartan, a Romanian restaurant chain founded by local entrepreneur Stefan Mandachi, has concluded an agreement to take over five of Taksim's locations in Bucharest for EUR 1 mln, Profit.ro (...)
Jun 30, 2022

 
RO Govt. prolongs until end-2023 financing of Iernut power plant
The Government of Romania prolonged to the end of 2023 the deadline for the completion of the projects financed from the sale of the CO2 certificates distributed for free to Romania, with a view (...)
Jun 30, 2022

 



Romania's FinMin announces positive budget revision and lower financing cost
The Executive will operate a "positive" budget revision, Romania's minister of finance Adrian Câciu announced after the Government meeting on June 29. But he avoided providing details as regards (...)
Jun 30, 2022

 
Broker Goldring Doubles Profit to RON1.5M in 2021
Goldring, one of the most active brokers in terms of flotations on the Bucharest Stock Exchange, ended 2021 with RON1.5 million net profit, an increase of 112.2% on 2020, while revenue went up (...)
Jun 29, 2022

 
BCR Joins Raiffeisen Bank as Lender of EUR350M to Romgaz
BCR has joined as lender the loan agreement enabling Romgaz (SNG.RO) to purchase the Exxon stake in the Black Sea gas, Romgaz said in a report to the Bucharest Stock Exchange on Tuesday (...)
Jun 29, 2022

 
ICCJ rejects Elena Udrea’s request for suspension of sentence received
Former Minister of Tourism Elena Udrea remains in detention, after the judges of the High Court of Cassation and Justice (ICCJ) rejected, on Wednesday, her request to suspend the serving of the (...)
Jun 29, 2022

 
Libra Internet Bank Set To Issue Bonds Worth EUR10M Tops
The Executive Board of Libra Internet Bank, with bonds traded at the Bucharest Stock Exchange under the stock tickers LIBRA28E and LIBRA30E, approved on June 28 the main features for a new bond (...)
Jun 29, 2022

 
Orange Romania Acquired Solutions Worth EUR2.2M From Startups In Orange Fab Accelerator
Orange Romania has purchased products and services worth EUR2.2 million in five years of activity from the tech startups included in the Orange Fab accelerator, a EUR2.2 million program of (...)
Jun 29, 2022

 
Alumina Producer Alum Tulcea Suspends Production as of August
Alumina producer Alum Tulcea (BBGA.RO), held by aluminum smelter Alro Slatina (ALR.RO), will suspend production in August, according to its activity plan.
Jun 29, 2022

 



HELL Energy Invests EUR18M In New Head Office And Warehouse In Mures County
HELL ENERGY, one of the largest players on the energy drinks market, is carrying out an investment of EUR18 million in the Romanian town of Ungheni (Mures (...)
Jun 29, 2022

 
President Iohannis: All Romania’s objectives at the NATO Summit have been achieved
President Klaus Iohannis announced on Wednesday that all Romania’s objectives at the NATO summit have been achieved. “This summit is one of the most significant NATO meetings in recent years in (...)
Jun 29, 2022

 
APT Changes Name To PROHUMAN APT; Eyes Over EUR70M Turnover At End-2022
APT Group, a top three player in the Human Resources (HR) services market, with revenues of EUR64 million and almost 4000 employees in 2021, has changed its name to Prohuman APT and thus aligns (...)
Jun 29, 2022

 
MedLife Group Acquires Majority Stake In Profilaxis Center In Timisoara
MedLife Group, the leader of the private medical services market in Romania, announced on Wednesday (June 29) the acquisition of the majority stake of 80% of the shares of SC M-Profilaxis SRL, (...)
Jun 29, 2022

 
Nuclearelectrica Reconnects Cernavoda Unit 1 To National Power Grid
Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Wednesday (June 29) announced that the works related to the planned outage of Cernavoda NPP Unit 1 were completed, and Unit 1 was (...)
Jun 29, 2022

 
PAID Set To Raise Share Capital To RON77.37M From RON19.34M
The Romanian Pool of Insurance against Natural Disasters (PAID) has started procedures to raise its share capital to RON77.37 million from RON19.34 million by incorporating the reserves stemming (...)
Jun 29, 2022

 
PM Ciuca, Secretary-General of Arab League discuss impact of Russian aggression in Ukraine
Prime Minister Nicolae Ciuca received the Secretary-General of the Arab League, Ahmed Aboul Gheit, who is visiting Romania, with talks revolving around the impact of the Russian military (...)
Jun 29, 2022

 



 
CHANGE
 
 
Over 50 international speakers at Climate Change Summit in Bucharest this October

Wizrom Software Ends 2021 With 8% Higher Turnover, Of Over EUR6.3M

Rare sighting: Black stork spotted in Romania

Best Tourism Villages: Romania selects three villages for the 2022 edition

Pluria – Zenitech partnership to implement the hybrid working model in the Romanian market

Dentons advises Asseco SEE on the acquisition of Bithat

President Iohannis in Madrid: Romania has concrete expectations of NATO Summit. Army budget to be 2.5 pct of GDP starting with 2023

Florin Citu resigns from Senate leadership; the interim office will be ensured by Alina Gorghiu

Bookster subscribers will read more than 50 million pages this summer

Colliers: The building materials and utilities price increase, together with the measures for aligning to ESG requirements directly impact market value of commercial real estate

Ursus Breweries launches the new graduate trainee program – Go Graduates

Rising risks in energy supply

EBRD supports development of Romania’s insurance market

Romania’s Senate head resigns after losing his party’s support

CITR has completed, in four months, the report on the causes for the largest bankruptcy in Romania’s recent history – City Insurance

During the 10th edition of Swimathon Bucharest, the Herbalife Nutrition Romania team supports the „Ana și Copiii” Association’s campaign for the completion of the Social and Educational Support Centre

Three-Month ROBOR Jumps To 6.41% On June 29

InstantSpace raises EUR 0.5 mln and launches automated booking platform for event venues

Jewelry Chain Teilor Wants to Invest RON27M in Expansion

Restaurant Chain Spartan Takes Over 5 Taksim Units in Bucharest for EUR1M, Negotiates Takeover of Other 3

CFA Analysts Expect GDP Growth of 2.9% in 2022, See Leu at 5.11 Units/Euro, Annual Inflation At 9.5% in Next 12 Months

Yellow and orange alerts issued in Romania as heatwave hits the country

Cora Set to Retrofit All Hypermarkets in Bucharest and One in Constanta

Chairry Design & Furniture Set to Lease 240-Sqm Space in UpGround Compound

Journalist investigation reveals how Romania’s PM got cleared of plagiarism accusations

EC’s Jourova sees "political momentum" for justice reforms in Romania

EIB finances project aimed at improving resilience of Romanian Black Sea coast

Antibiotics shortage leaves many Romanians without prescribed drugs

Romania gets approved EUR 60 mln state aid scheme for road transport companies

Tourism in Romania should focus on German, Austrian seniors, tourism rep says

Four in five homes in Romania are uninsured despite law making it mandatory

Swiss investor to develop 250MW wind farms in Romania

Banca Transilvania projects robust growth and shrinking twins deficits for Romania

Romania’s Govt. sketches sundry amendments to taxation system

Most employees in Romania say their purchasing power dropped because of rising inflation

Germany’s Stihl to build EUR 125 mln plant in Romania

BCR joins Raiffeisen in lending EUR 350 mln to Romgaz for Neptun Deep deal

BSOG begins gas production at Romanian offshore perimeter MGD

​​Two Romanian NGOs invite volunteers to mountain trail cleaning campaign in July

Kruk: Bad Debt Held by Romanian Banks Reaches EUR3.4B in 2021

 


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