Belgium's Liebrecht &wood Starts Construction Of Its Second Fashion House Outlet Center In Romania
Belgium’s real estate developer Liebrecht & wooD, which owns the West Park Militari in Bucharest, continues its development plan for the second outlet center in Romania, in Cernica, in the (...)
Mar 27, 2020
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Another death from Covid-19 in Romania. The death toll reaches 25
The Strategic Communication Group announced on Friday a new death of a patient infected with the new coronavirus. This is an 81-year-old man from Bucharest. The death toll in Romania thus reaches (...)
Mar 27, 2020
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Children whose parents are Covid-19 positive and cannot be cared for by the family, taken by state
Children whose parents have become ill with Covid-19 and cannot be cared for by the extended family will be taken into the care of the state, through the social assistance and child protection (...)
Mar 27, 2020
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The government suspends granting leave for the military and police staff during the emergency
The police and military personnel are called from the leaves of absence, during the state of emergency. Early retirement for military and police personnel is postponed, and the posting of (...)
Mar 27, 2020
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ING Sees Romania GDP Contracting 6.6% in 2020
The reality of the Covid-19 crisis will bite severely into the real economy and Romania's GDP is seen contracting by 6.6% in 2020, with a second quarter to forget, followed by a less pronounced (...)
Mar 27, 2020
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Romania: 263 new cases of COVID-19. The total reaches 1.292 confirmed cases
In Romania, 1.292 cases of people infected with COVID-19 have been confirmed, 263 new cases were diagnosed in the last 24 hours. 24 people died and 115 were cured and discharged, according to the (...)
Mar 27, 2020
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ING Sees Romania GDP Contracting 6.6% in 2020
The reality of the Covid-19 crisis will bite severely into the real economy and Romania's GDP is seen contracting by 6.6% in 2020, with a second quarter to forget, followed by a less pronounced (...)
Mar 27, 2020
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Erste Group Sees Romania GDP Growth Contracting 4.7% in 2020
Austria's Erste Group, which owns lender BCR in Romania, said in a research report it sees the country's GDP contracting by 4.7% in 2020 and the budget deficit is likely to widen to 7.3% of (...)
Mar 27, 2020
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Erste Group Sees Romania GDP Growth Contracting 4.7% in 2020
Austria's Erste Group, which owns lender BCR in Romania, said in a research report it sees the country's GDP contracting by 4.7% in 2020 and the budget deficit is likely to widen to 7.3% of (...)
Mar 27, 2020
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Central Bank Postpones Collecting Bank Resolution Fund Contributions for Three Months
Romania's central bank board held an emergency meeting Friday and analyzed a series of relevant measures from the perspective of bank resolution, amid the economic effects of Covid-19 pandemic (...)
Mar 27, 2020
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Central Bank Postpones Collecting Bank Resolution Fund Contributions for Three Months
Romania's central bank board held an emergency meeting Friday and analyzed a series of relevant measures from the perspective of bank resolution, amid the economic effects of Covid-19 pandemic (...)
Mar 27, 2020
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Three-Month Money Market Rate Inches Down To 2.57% A Year
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate interests for consumer loans in lei, decreased to 2.57% a year on Friday, from 2.58% a year on (...)
Mar 27, 2020
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Romania Unemployment Rate at 3.9% in 4Q/2019
Romania's seasonally adjusted unemployment rate stood at 3.9% in the fourth quarter of 2019, 0.1 percentage point higher than in the third quarter, data from the country's statistics board showed (...)
Mar 27, 2020
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Romania Has 388 Plants That Make Protective Gear For Various Sectors, Medical Sector Included
Romania has 388 plants that make protective gear for various sectors from heavy industry to mining, with RON471 million revenue and 4,500 employees in 2018, according to confidas.ro, a platform (...)
Mar 27, 2020
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Romania Grants 5%-10% Discount for Early Profit Tax Payments
Companies paying their first-quarter tax on profit early, by April 25, will get a discount of 5% to 10% of their due tax, the finance ministry said in a (...)
Mar 27, 2020
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Romanian Govt Adopts Decree Allowing Loan Repayment Delays Until Year-End
Romania's government on Thursday adopted an emergency decree allowing individuals and companies to postpone their loan repayments for up to nine months but no later than the end of the (...)
Mar 27, 2020
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Romanian Govt Adopts Decree Allowing Loan Repayment Delays Until Year-End
Romania's government on Thursday adopted an emergency decree allowing individuals and companies to postpone their loan repayments for up to nine months but no later than the end of the (...)
Mar 27, 2020
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Dan Sucu, Mobexpert: Furniture Industry As Badly Hit As Travel Sector
The furniture and home decor sector is as badly hit as the travel sector by the coronavirus crisis and this year may be even worse than 2009, believes Dan Sucu, owner of Mobexpert, one of the (...)
Mar 27, 2020
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Impact Developer Seeks To Raise Up To EUR100M With Bond Issue On Bucharest Stock Exchange
Real estate developer Impact Developer & Contractor (IMP.RO), owned by businessman Gheorghe Iaciu, has summoned its shareholders on April 28, 2020 to approve a bond issue of maximum EUR100 (...)
Mar 26, 2020
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Four more people infected with new coronavirus die; death toll reaches 22
Bucharest, March 26 /Agerpres/ - Four more people infected with the new type of coronavirus have died, with the number of deceased from this cause reaching 22, informs the Strategic Communication (...)
Mar 26, 2020
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Organic Fertilizer Producer Norofert Plans To Increase Share Capital By RON2.4M
Norofert (NRF.RO), the largest organic fertilizer producer in Romania, has summoned its shareholders on April 28 to approve an increase in the company’s share capital by RON2.4 million (of the (...)
Mar 26, 2020
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PM Orban: Stories we go door to door to test - not serious
Prime Minister Ludovic Orban on Thursday criticized the "door-to-door" testing method for coronavirus infection, pointing out the importance of following the procedures recommended by (...)
Mar 26, 2020
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President Iohannis, new call to Romanians: Stay at home! I know it's hard!
President Klaus Iohannis has had a new call to Romanians on Thursday, saying that only by staying at home "fighting with this extremely dangerous enemy" will be (...)
Mar 26, 2020
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Mass testing of Bucharest residents starts on Monday
Mass testing of Bucharest residents will begin on Monday. The Capital City Hall will purchase 4.000 tests and the six districts will purchase 1.000 tests (...)
Mar 26, 2020
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SIF Moldova Proposes Dividends Of RON0.06/Share, At 4.7% Yield
Romanian regional investment fund SIF Moldova (SIF2.RO) plans to pay out its shareholders dividends of RON0.06 per share from its 2019 net profit, which, relative to the current trading prices, (...)
Mar 26, 2020
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Hidroelectrica Seeks To Pay RON867M In Dividends To Romanian State From 2019 Net Profit
The management of Hidroelectrica, the largest energy producer and the most profitable state-owned company in Romania, has decided to pay the company's financial dues in time and to not make use (...)
Mar 26, 2020
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Hidroelectrica Expects To Pay RON867M In Dividends To Romanian State From 2019 Net Profit
The management of Hidroelectrica, the largest energy producer and the most profitable state-owned company in Romania, has decided to pay the company's financial dues in time and to not make use (...)
Mar 26, 2020
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TeraPlast Bistrita Seeks To Raise Share Capital By RON40.5M
Romanian building materials manufacturer TeraPlast Bistrita (TRP.RO) has summoned its shareholders on April 29 to approve an increase in the company’s share capital by RON40.5 million, by issuing (...)
Mar 26, 2020
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Romania: The 18th death from coronavirus, recorded in Huedin
The 18th death due to coronavirus was registered in Huedin, Cluj county, on Thursday. This is a 76-year-old woman suffering from high blood pressure and (...)
Mar 26, 2020
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Investment of 600,000 euros in first complete telemedicine solution in Romania
The first complete telemedicine solution in Romania will be developed by the online medical programming platform Docbook, with an investment of 600,000 euros.
According to the developer, the (...)
Mar 26, 2020
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