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 Romania

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updated Wed. April 25, 2018

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Romania, meanwhile, has the upper hand in terms of offering subsidies, which can reach up to 50% of the investment. Slovakia offers up to 35%. Zhi Dou could also save on labour costs there, as in Slovakia falling unemployment is pushing wages up significantly. Slovakia is the top car producer ...
In illustrating the current situation of the Romanian economy, which has seen the biggest growth in the EU over several quarters, Croitoru used an analogy, warning that Romania's economy should not be overloaded, Business Review reported. "In order to evolve from the penultimate spot, from the point ...

The third bridge over Danube between Romania and Bulgaria will be part of a package that four Balkan countries -- Romania, Bulgaria, Serbia and Greece -- will offer China for funding, the prime ministers of Bulgaria and Romania reportedly agreed in principle on April 24 at the four-country meeting ...
Romanian IT industry is one the fastest growing in the country and it has already reached over 6 percent of GDP. There is a number of reasons for the way this industry evolved over the years. On one side there is a very good culture and knowledge of mathematics, just like leg Khaykin, president and ... tax
At the same time, respondents in Romania are also some of the least likely to say they are in good health: 57% of them agreed that they were in good health, while 18% disagreed. Furthermore, 31% of the Romanian respondents said they felt lonely some of the time, compared to the EU average of 24%.
The first anger room in Romania, where people can destroy objects to release their anger, was opened in Bucharest. Called Break Room, the place was arranged in an industrial hall on Splaiul Unirii Blvd. in Bucharest. People can break various objects there, from glasses and TV sets to phones and ...

Countryside tourism has taken off in the country in recent years, with the help of various initiatives, and those interested can now explore the villages across the country with easier access to accommodation and meal options. Some suggestions of villages making up the diverse picture of rural ...
Her visit takes place shortly after the Romanian Government adopted a memorandum to start the procedure for moving Romania's embassy in Israel from Tel Aviv to Jerusalem. The measure, which was announced by ruling party leader Liviu Dragnea in a TV show, was criticized by president Klaus ...
Strauss Group Ltd. (TASE:STRS) will deposit NIS 13.3 million with the local tax authorities in Romania for tax assessments received by its Strauss Romania subsidiary. At the same time, the authorities have sent their findings to the Romanian prosecutor to consider "whether these findings indicate a ... tax evasion
Video PlayerClose. ROMANIA-PITESTI-TULIP FESTIVAL. Photo taken on April 21, 2018 shows colorful tulips during the 41st Tulip Festival in Pitesti, northwest of Bucharest, capital of Romania. (Xinhua/Chen Jin) ...
Romania's road infrastructure management company – CNAIR published on April 19 two intention announcements for the design and execution of two sections of the Sibiu-Pitesti highway. The two sections have a total length of almost 70 kilometers. They include a 1.7-kilometer tunnel and several other ...
Workings as a freelancer in Romania can be a way to earn money just as good as any other job. Some even say the monthly earnings are better than a traditional job. Sites dedicated to this type of activity are full of job ads, and the benefits are multiple. Being their own boss and a better life-work balance is ...
Romanian users spent 1.9 million hours streaming their favorite music on Spotify in only one month. The popular music streaming service launched in Romania in mid-March this year. The top five most-listened international artists by Romanian users is made up of XXXTentacion, Drake, Post Malone, ...
Romania's president and the country's foreign minister on Friday downplayed a statement from the leader of Romania's ruling party that the country was ready to soon join the U.S. and move its embassy in Israel to Jerusalem. Liviu Dragnea, the chairman of the Social Democratic Party who effectively runs ...
Air Malta has added another destination to its route network and will start operating a weekly (Thursday) flight to Bucharest, the capital cityof Romania. These new scheduled flights, which for years have been operated by Air Malta as a charter service, have now been upgraded to a scheduled one.
BUCHAREST, Romania (AP) — Coins and bracelets from the 1st century that were looted from western Romania years ago and smuggled out of the country were put on display Thursday after a joint investigation with Austria brought them back home. The treasure trove of gold and silver artifacts, stolen ...

Romania's telecom regulator ANCOM fined Orange and Vodafone, the biggest mobile carriers in the country, with a total of RON 180,000 (EUR 38.700) for irregularities in applying the Roam like at home EU directives in Romania. Vodafone was fined RON 130,000 (EUR 28,000) while Orange was ...
Employees in Romania received an average compensation of EUR 5.5 per hour worked in 2017, the second-lowest in the European Union (EU). Only Bulgarian employees made less, namely EUR 5.1 per hour. The average hourly compensation of employees in the EU was EUR 23.1, with the highest ...
On Sunday morning, March 25, the clocks will advance one hour, which means that 3:00am and will become 4:00am. Thus, Sunday will be the shortest day of the year. Some might find it difficult to get used to the new time, as they will sleep one hour less. Doctors say that some might need around a week to ...
Human Rights Without Frontiers (HRWF) have published a report on Romania, outlining its findings of systemic human rights violations throughout the country's judicial system. This report is just one in a long line of recent articles that have been highly critical of Romania's anti-graft push championed by the ...
Romania failed to spend some EUR 1.64 billion of the EU funds allotted to it in the 2007-2013 EU financial exercise. The sum represents a third of the EUR 4.4 billion in EU funds, which remained unspent in this period, local Cursdeguvernare.ro reported. Romania failed to spend some EUR 704 million ...
The heavy snowfall and blizzard of the past hours have caused disruptions and delays in the road, railway and air traffic in southern Romania. Bucharest and 14 counties in southern Romania are under a Code Orange for heavy snowfall, blizzard and low visibility until 15:00 on March 23. In the south of the ...
A municipal worker clears ice and snow from the platforms of the Gara de Nord, the main railway station in Bucharest, Romania, Friday, March 23, 2018. Heavy snow and flooding wreaked havoc across eastern Europe on Friday, closing down roads, flooding homes and stopping ferries at the Adriatic coast ...
I'm grateful to Cambridge Analytica for reinforcing a valuable lesson: the importance of having my own code of ethics. Without this I could have been sucked into all manner of corrupt opportunities that came my way in Romania, where I worked for 17 years. The main rule of my ethical code is to refuse work ...
Lidl Romania SCS handles the land acquisition and store development for the German group Lidl, which prefers to own rather than rent its stores. The new cash inflow may finance the retailer's expansion plans, as Lidl has been opening new stores each year. The German retailer also opened a new ...
DAYS AFTER A Romanian court refused to declare a living man alive, another tribunal has ruled that a dead man can have his driving licence back. Valerian Vasiliu appealed last March to a court in Iasi in north-eastern Romania against losing his licence after being caught speeding. The court ruled in his ...
Societe Generale European Business Services. București #administrative. embed_job_subscribe_success_romania-insider. Back to job listing · View more jobs · Post job. Searching for talents? Post your jobs on Romania-Insider.com, the #1 source of English - language news & features on Romania.
OTP Bank Romania, which is part of the biggest financial group in Hungary, agreed last summer to take over NBG's subsidiaries in Romania, the biggest of which is Banca Romaneasca. The Competition Council gave its OK on this transaction in December. However, the central bank has the final say when ...
A new environment tax for cars may be introduced in Romania this summer, according to sources quoted by the public television TVR. The tax may be applied for three years, at the moment of the first registration in Romania. After these three years, it may be replaced with a progressive yearly tax paid by all ...
The European Commission plans to establish a European Labor Authority, which may have its headquarters in Romania, according to Angela Cristea, the head of EC's Representation to Romania. “The European Commission has three proposals. The first is to create a European Labor Agency. The second ...
Romania's industry, which accounts for a quarter of the country's gross domestic product (GDP), accelerated its annual growth in January 2018 compared to December 2017. The industrial production volume went up by 8.5% in January versus the same month of last year, up from a growth rate of 7.9% in ...
Let's be honest: How much do we know about Romania's cultural landscape? Or even about the current social and political situation of the country? Three decades after the fall of dictator Nicolae Ceausescu in 1989, the headlines we read about Romania are typically negative, focusing on the country's ...
Romanian state-owned company Romaero and US company Sikorsky, which is part of Lockheed Martin group, signed an industrial partnership agreement that will lead to creating a regional fitting-out and maintenance center for Black Hawk multirole helicopters. The center in Bucharest will be the only one ...
England Under-21s will head into March's Cyrille Regis International with Romania and a Euro qualifier against Ukraine with a 26-man squad. Head coach Aidy Boothroyd has named his group for the home double-header, as the Young Lions look to strengthen their position in qualifying for next summer's ...
Romania's army is set to begin a massive recruitment campaign in 2018 to boost its troops after the country upped its defence spending to two per cent of the GDP last year. It is also expected to purchase billions of euros' worth of weapons and equipment to establish itself as one of the main NATO allies on ...
Richard Clayderman returns to Romania to play some of his most famous works, such as Ballade pour Adeline, a flagship hit of the iconic pianist, whose career goes ... Belgian-Italian singer Lara Fabian will return to Romania this spring for two concerts in Cluj-Napoca (March 29) and Bucharest (March 31).
Trade between Iran and Romania stood at over €479.7 million in 2017, registering a growth of about 11% compared with 2016. This makes the country Iran's eighth biggest trade partner from among the 28 member states of the European Union over the period after Italy, France, Germany, Spain, the ...
New hiring announcements for jobs in Romania are published daily on recruitment sites, for almost all areas of the economy. Nearly three quarters of managers in Romanian companies believe the star of the labor market in 2018 will be the IT industry, which will continue to generate the biggest number of ...
Romania's president, Klaus Iohannis is being considered for the position of president of the European Council, local Hotnews.ro reported. If Michael Barnier, the chief European Commission negotiator on Brexit, becomes the head of the European Commission in 2019, Klaus Iohannis has the highest ...
French group Carrefour, one of the top retailers in Romania, has launched a food delivery app called Gurmandio. This is the first such app developed by a retailer in Romania, according to Carrefour. The app allows users to order food from the gastronomy department of Carrefour hypermarkets as well as ...
He's pretty confident for a man standing next to a museum display of crucifixes and plastic bats. “There is no such thing as vampires,” Cristian Lica, the founder of the Romanian Kitsch Museum on Strada Covaci, tells me. “Dracula is our country's biggest brand, but he is fake. Under communism we had ...
A Siberian weather system forecasters have called the "Beast from the East" brought the coldest temperatures for years to many regions. The freeze was expected to continue for much of the week. In southern Romania, an 83-year-old woman from Adancata was found collapsed in the snow and died on the ...
With an estimated yearly revenue of EUR 265,000, Cristina Neagu is the second-best paid athlete in Romania. Only a football player from CFR Cluj, Ibrahima Balde, makes more money than she does, namely some EUR 300,000 per year. Meanwhile, FCSB's stars Constantin Budescu, Denis Alibec and ...
French group Avenir Telecom, which specializes in selling mobile phones and accessories, officially launched its smartphones under the Energizer brand in Romania on Wednesday, February 21. The group has been producing accessories under the Energizer brand since 2010 and smartphones under ...
Chinese group Huawei has named Zachary Jianglinchao as the new Country Manager of its local subsidiary Huawei Consumer Business Group Romania. Huawei is the second smartphone brand in Romania by market share. Zachary Jianglinchao replaces Fred Wangfei, who has managed Huawei's local ...
BUCHAREST, Feb 22 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Thursday. BOND TENDER. Debt managers plan to sell 300 million lei ($79.38 million) worth of April 2023 treasury bonds at tender. OMV PETROM. Top oil and gas ...
Romania is 59th in the world and 26th in the European Union, according to this year's edition of the Corruption Perception Index compiled by Transparency International. Of the EU countries, only Hungary and Bulgaria are behind Romania in this ranking. Romania has maintained the same score as last ...
BUCHAREST, Feb 20 (Reuters) - Romania could almost double its natural gas production to about 20 billion cubic metres a year by 2025, helped by new offshore discoveries in the Black Sea, one of the general directors of the National Agency for Mineral Resources (ANRM), Sorin Gal, said on Tuesday.
He added that the threat emanating from Bulgaria and Romania with regard to "widespread corruption and the massive problem of organized crime" was simply too great. He also noted that it would be impossible to justify reintroducing border controls with Austria while at the same time dropping controls at ...


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