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Romanian Judicial Inspection Profoundly Affected, Says Magistrate

20:59, 30 Aug. 2017
Romanian magistrate Gabriela Baltag, a member in the High Court of Magistracy, says the Judicial Inspection will be profoundly affected in the aftermath of a checkup made at the National Anticorruption Directorate.

Romanian Education Minister Announces Changes At Baccalaureat Exam

19:38, 30 Aug. 2017
Romanian Education Minister Liviu Pop announced on Wednesday that the 2018 Baccalaureat exam will undergo significant changes.

Major Bucharest Company Asks For Substantial Money Reimbursement

19:56, 29 Aug. 2017
Unirea Shopping Center, one of the major companies listed on the Bucharest Stock Exchange, asks Carmen Palade, its former head of the Administration Board and CEO, to reimburse RON3 million to the company.

Romanian Tourists Stuck In Madrid Due To Cancelled Flight

18:33, 29 Aug. 2017
A group of Romanian tourists was stuck in Madrid after their Bucharest-bound flight was cancelled for technical reasons, and they were accommodated at hotels near the airport.

UNICEF To Help Romania Fight Against Measles Epidemic

18:32, 29 Aug. 2017
UNICEF will support the Romanian authorities in their fight against measles through awareness and information campaigns, according to the new UNICEF representative in Romania, Pieter Bult, who has met on Tuesday with Romanian Prime Minister Mihai Tudose.

Romanian Chief-Prosecutor Says Details Make The Difference in Justice

18:27, 29 Aug. 2017
Daniel Horodniceanu, the Romanian Chief-Prosecutor that heads the Directorate for Investigating Organized Crime and Terrorism, says that his institution will express a point of view as soon as he sees the drafted justice laws, because the details make the difference there.

Romanian Pupils Might Take Oral Examinations Within The Baccalaureate In February

18:27, 29 Aug. 2017
Pupil representatives have asked the Romanian Ministry of Education to hold the oral examinations within the Baccalaureate exam in February, so as to avoid the scorching heat during the summer months and allow candidates to prepare better for the written examinations.

Romanian Liberals VP Says Positive Budget Revision Attracts Parliamentary Inquiry Commission

19:11, 28 Aug. 2017
Vice President of Romanian National Liberal Party, Florin Citu, said on Monday that the public finances are in a "disastrous" situation and that a positive budget revision will lead to the assembly of a parliamentary inquiry commission, something that his party will demand in Parliament.

Romanian PM Explains The Dismissal of Romanian Consul in Portugal

18:59, 28 Aug. 2017
Romanian Prime Minister Mihai Tudose said on Monday, on a Facebook post, why he dismissed the Romanian consul in Portugal and motivated his decision based on the poor assistance provided to the Romanian tourists stuck in Lisbon.

Romanian Tourists Stuck In Lisbon Return To Bucharest Monday Evening

18:08, 28 Aug. 2017
The group of 35 Romanian tourists who went on holiday through travel agency Paralela 45 and who were stuck for two days in Lisbon after TAP Portugal cancelled their Bucharest-bound flight twice are returning to the Romanian capital on Monday evening, on a flight provided by the Portuguese airline.

Fitch: Romania’s Robust Growth Is Not Risk Free

18:45, 24 Aug. 2017
Romania has posted another quarter of rapid economic growth, but pro-cyclical fiscal policy and rapid wage growth in 2017 have increased overheating risks, Fitch Ratings says.

APIA: New Car Sales In Romania Up 12.5% In January-July 2017

20:19, 14 Aug. 2017
Total car sales (vehicles and commercial vehicles) in Romania rose 12.5% on the year in January-July 2017, according to statistics released on Monday by the Romanian Automotive Manufacturers and Importers Association (APIA).

Bucharest GreenSounds Festival 2017, ediţia a IV-a

17:21, 14 Aug. 2017
Cea de-a patra ediţie Bucharest GreenSounds Festival va avea loc în weekendul 18 - 20 august 2017, în Parcul Herăstrău, intrarea Charles de Gaulle.

Foreign Direct Investments Exceeded Remittances of Romanian Expats

17:48, 31 Iul. 2017
Central bank statistics show foreign direct investment in the fist five months of the year exceeded remittances from Romanian expats for the first time.

Transport Minister Says Sibiu-Pitesti Highway Costs More Due to Expropriations

17:31, 28 Iul. 2017
Romanian transport minister Razvan Cuc explained Friday the total cost to build the 123 km highway linking Sibiu to Pitesti is EUR2.6 billion plus VAT, higher than in the transport master plan, due to expropriations.

Competition Council Fines Siveco And Intrarom A Total EUR1.75M

19:28, 27 Iul. 2017
Romania’s Competition Council fined two IT companies a total RON8 million (nearly EUR1.75 million) for rigging a public acquisition procedure organized by the agriculture paying agency APIA in 2008 to award a frame agreement for services aimed at extending and developing the computer system.

Eurostat: Romania Had One Of Lowest Government Debts In EU In 1Q/2017

17:01, 20 Iul. 2017
Romania saw a slight decline in the ratio of government debt to GDP, in the first quarter of 2017, among European Union member states, thus, boasting some of the most favourable positions, Eurostat data showed Thursday.

APIA: New Car Sales Up Over 17% In January-June 2017

19:37, 19 Iul. 2017
New car sales in Romania rose 17.1% on the year in January-June 2017, which also includes vehicles, with an increase of 21.7%, according to estimations released on Wednesday by the Romanian Automotive Manufacturers and Importers Association (APIA).

Eurostat: Romania Posts Third Lowest Inflation In EU In June 2017

17:50, 17 Iul. 2017
Romania posted the third lowest annual inflation rate in the European Union in June, of 0.7%, after Denmark (0.4%), according to data published Monday by Eurostat, the statistical office of the EU.

Romania Annual Inflation Rate Climbs to 0.9% in June

12:53, 11 Iul. 2017
Romania's consumer price index hit an annual rate of 0.9% in June, from 0.6% in May, data from the country's statistics board showed Tuesday.

CTP Gets EUR75.8M Financing From EBRD And BCR For Two New Warehouses

14:27, 10 Iul. 2017
CTP Romania, one of the biggest developers of logistics and industrial space on the local market, will get EUR75.8 million financing from the European Bank for Reconstruction and Development (EBRD) and Banca Comerciala Romana (BCR) to expand logistics park CTPark Bucharest West by two new warehouses

Romania Trade Deficit Widens to EUR4.46B in January-May

14:25, 10 Iul. 2017
Romania's trade balance posted a deficit of EUR4.46 billion in January-May, EUR680 million higher than in the same period in 2016, the country's statistics board said Monday.

E.ON, MOL to Develop 40 Electric Vehicle Charging Stations in Romania

17:17, 07 Iul. 2017
Utility company E.ON and Hungarian oil and gas company MOL will develop 40 electric vehicle charging stations in Romania after their NEXT-E project was selected to receive EU funding with recommended co-funding of EUR18.84 million.

Alexandrion Group Invests EUR100M in Distillery in New York

17:17, 07 Iul. 2017
Spirits producer Alexandrion Group Romania will invest EUR100 million to build a distillery in New York, Nawaf Salameh, CEO and founder of the company, told a press conference Friday.

BNR Exchange Reference Rates of July 7

13:10, 07 Iul. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Romanian Average Net Salary Down 0.1% on Month in May

13:09, 07 Iul. 2017
The net average salary in Romania decreased 0.1% in May compared with April, to 2,363 lei (around EUR516), data from the country's statistics board showed Friday.

Dacia Made Over 170,000 Vehicles in 1H 2017

13:08, 07 Iul. 2017
Automobile Dacia manufactured a total of 170,430 vehicles at its plant in Mioveni in the first half of the year, of which over 100,000 Duster models, the association of Romanian automobile manufacturers said Friday.

BNR Exchange Reference Rates of July 6

13:28, 06 Iul. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

C&W Echinox: Romania Ranks Second In Europe By Food & Beverage Consumption Growth

12:49, 06 Iul. 2017
Romania ranks second in Europe, after Turkey, by growth and growth potential in the Food & Beverage (F&B) sector, including consumption in restaurants, fast food units, cafes, tea shops and ice-cream parlors, according to a report by Cushman & Wakefield.

Forte Partners Invests EUR37M in Residential Project in Bucharest

12:39, 06 Iul. 2017
Real estate developer Forte Partners will invest EUR37 million in a residential project in northern Bucharest, the company said Thursday.

Oradea Airport Sees 350% Growth in Passenger Numbers in June

10:40, 06 Iul. 2017
Passenger traffic on the international airport in Oradea, western Romania, increased by 350% in June compared with June 2016, the airport said in a statement Thursday.

Foreign Investors Council: Predictability Is Crucial to Economic Development

17:22, 05 Iul. 2017
The Foreign Investors Council (FIC) is worried by the substantial changes to the governing program and believes that such radical changes, announced at very short notice, can have a destabilizing effect on the economy and only serve to dent the trust of existing and future investors

Romania, Bulgaria Rank Last in EU by Resource Productivity

13:30, 04 Iul. 2017
Romania (EUR0.70/kg) and Bulgaria (EUR0.68/kg) rank last among European Union member states by resource productivity, data from the EU statistical office Eurostat showed Tuesday.

BNR Exchange Reference Rates of July 4

13:11, 04 Iul. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Wind Energy Output Adds RON180M to CEZ Profit

12:31, 04 Iul. 2017
CEZ reported a net profit higher by RON181.66 million in 2016 compared with 2015, due to its wind energy output, the company said in a statement Tuesday.

Bancpost, Eximbank Sign SME Funding Agreement With RON20M Guarantee Cap

12:30, 04 Iul. 2017
Small and medium-sized companies with insufficient assets to cover guarantees may get loans from Bancpost, under a guarantee cap of RON20 million, following an agreement between the lender and EximBank.

BNR Exchange Reference Rates of July 3

13:28, 03 Iul. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Analysts Warn Tax on Turnover Could Render 30% of Companies Insolvent

12:34, 03 Iul. 2017
One out of three companies in Romania will be exposed to insolvency risks if the government replaces the 16% flat tax on profit with a tax on turnover, showed a study by Iancu Guda, president of the Romanian Association of banking analysts.

British American Tobacco Invests EUR60M in Ploiesti Production Line

12:32, 03 Iul. 2017
British American Tobacco, the largest cigarette manufacturer in Romania, said it will invest EUR60 million in its facility in Ploiesti this year, triple the amount estimated at the end of last year.

Romania Unemployment Rate Grows to 5.4% in May

12:30, 03 Iul. 2017
Romania's seasonally adjusted unemployment rate grew 0.1 percentage point on month in May, to 5.4%, the country's statistics board said Monday.