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 Romania

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MOL Romania has opened its first charging station for electric vehicles, in the Nicolae Caramfil area in Bucharest. Charging will be done through alternating and direct current at 50 kW, meaning that the station is compatible with any type of vehicles sold in Europe and Asia, electric or hybrid. The station ...
The cinema admissions in Romania went up by 11.3% in 2017, according to provisional data from the International Union of Cinemas (UNIC), the body representing European cinema trade associations and key operators. At the same time, the local box office increased 14% compared to 2016, to an ...

Romania's economy grew at record rates in 2017 due to an increase in consumption since fiscal relaxation. But some analysts warn that while fast growth looks like good news, the government is neglecting investment and the country is bound to face difficulties in the future. Romania's GDP rocketed in ...
Romania's finance ministry rejected all bids at a tender to sell 400 million lei ($107.02 million) worth of June 2023 treasury bonds on Thursday, central bank data showed. COMPANY RESULTS. - Romanian state-owned gas producer Romgaz recorded a net profit of 684.2 million lei ($183.12 million) in the ...
Moldova's Purcari Wineries company has listed its shares on Romania's stock exchange, amid efforts by the country's investors to switch to European markets following a Russian embargo. Victor Bostan, the company's CEO, said on February 15 that Purcari had raised $50 million after selling 49 percent of ...
Romanian Prime Minister Viorica Dancila (2nd R) meets with Chinese Ambassador to Romania Xu Feihong (1st L) in Bucharest, Romania, Feb. 14, 2018. Viorica Dancila on Wednesday emphasized the desire of her government to intensify the political dialogue and strengthen the economic cooperation ...

Foreign direct investment in Romania totaled almost EUR 4.59 billion in 2017, up from EUR 4.52 billion in 2016, according to data released by Romania's National Bank (BNR). Equity investment, including the reinvested net profits, amounted to EUR 3.82 billion while intercompany lending stood at EUR ...
Mindaugas Valuckas, member of the Board Hanner Group OU, is taking over the Country manager position for Hanner in Romania. Silviu Grigorescu, the former CEO Hanner Romania, will pursue his personal projects in real-estate and constructions, while also maintaining his collaboration with the Hanner ...
The lack of infrastructure frustrates the business environment, citizens and the authorities alike, which is why it is high time Romania moved beyond asking whose fault it is but focusing on what is to be done, The Foreign investors Council (FIC) wrote in an open letter to Prime Minister Viorica Dancila and ...
Although it sounds a bit too cold for such a "warm" celebration, the Hotel of Ice in Romania's Fagaras Mountains is a place to try for a romantic getaway. The hotel, which is located near Balea Lake, is built every year from blocks of ice and snow. It has a different theme every year, the music being this year's ...
Romania recorded a record 7% economic growth in 2017, the National Statistics Institute (INS) announced on Wednesday, February 14. The growth rate, which was higher even than China's 6.9% economic growth in 2017, surpasses even the most optimistic scenarios. Romania's Prognosis Commission ...
Bucharest, Romania (AP) - Romania's constitutional court has ruled that a new law which could lead to major state companies coming under political control is unconstitutional. The court ruled Tuesday that an amendment to a law that would eliminate corporate governance in big state concerns was not ...
Romania's current account deficit rose to 6.464 billion euros ($7.98 billion) in 2017 compared with a shortfall of 3.498 billion a year before, central bank data showed on Tuesday. CEE markets. Central European currencies were marginally weaker on Tuesday as investors assessed January inflation data ...
More than 4,800 asylum requests were registered in Romania last year, rising over last year by 161% as a result of fraudulent border crossings, according to a report of the General Inspectorate for Immigrations (IGI). Most asylum seekers were from countries such as Iraq, Syria, Afghanistan, Pakistan and ...
Romania's semi-final heat for the Eurovision song contest 2018 went underground…quite literally. It was organised 86-metres underground in Turda salt mine, a popular tourist site in Cluj county. Organisers faced a series of technical challenges in 10-degree heat during their 7-day preparations in the run ...
Romania has been a bit of an odd duck historically. It has the dubious honor of being home to Vlad the Impaler (the inspiration for Dracula) and, under the Ceausescu regime, went its own way at times while nominally a member of the Warsaw Pact, even going as far as buying French equipment during the ...
DNA is the best-known prosecution body in Romania, which has sent to court former prime ministers, ministers, members of the Parliament, mayors, and influential businessmen in recent years. The ruling coalition has accused DNA of being part of a secret system that aims to take control of the political ...

A UN report released in January this year showed that Romania is among a group of several Eastern Europe countries that are set to experience a decline of over 15% in their population by 2050. The country is expected to see its population shrink by 17% between 2017 and 2050 to a projected 16.3 ...
Netflix was launched in Romania in early-2016, and has become quite popular among Romanians. Another survey released in December 2017 revealed that a Romanian subscriber watched war of the Worlds, an American science fiction thriller film starring Tom Cruise and Dakota Fanning, 179 times in ...
The Swedish company's representatives said they are interested in taking part in the construction of the multirole corvettes Romania wants to purchase for the navy. Saab is also interested in the Defense Ministry's programs to modernize the two frigates and to install anti-ship missile launchers on the Black ...
Last year Romania's Parliamentary Commission heard testimony detailing the abuses of power and violation of judicial independence seemingly prevalent in the anti-corruption Directorate (DNA). They highlighted concerns about a government organisation out of control, with the potential to bring misery ...
The group's loan portfolio in Romania increased by 10%, to EUR 5.7 billion, while the deposit base went up by 20%, to EUR 5.79 billion, local Ziarul Financiar reported. The deposits thus became higher than the outstanding loans, in line with the group's strategy to reduce the local bank's dependency on ...
Leaders of Romania's ruling centre-left coalition on Monday said they were considering the formation of a new committee in parliament to investigate the possible existence and workings of a "deep state" - as their conflict with anti-graft prosecutors worsens. A report of the ruling Social Democratic party-led ...
In 2018, Romania's military procurements are to be focused on the navy, for which the ministry also plans to order up to four new vessels, according to Fifor. ... Vice Adm. Alexandru Mirsu, the chief of the Romanian Naval Forces, said the country requires an additional three submarines to ensure Romania's ...
"Only in 2016 and 2017, Rewe invested EUR 170 million in Romania. The money went into 47 new stores and the development of the logistics capacity. We opened the second warehouse in Bacau and expanded the warehouses in Stefanestii de Jos and Turda. We also remodeled over 100 stores on the ...
French communications group Orange has decided to make three new tests in Europe, including one in Romania, to prepare the launch of the 5G technology, a breakthrough technology that will allow the development of radically new uses, the company announced. Orange's 5G strategy is based on three ...
The number of employees working in private companies went up by 12% in 2017 compared to the previous year, according to Smartree Romania, a leading provider of outsourcing payroll services and personnel administration. "Considering the job openings, last year was a good one for the Romanian ...
Eastern Europe is home base for tons of beat freaks, so you know Romania has the hots for serious dance music. Whether it's drum'n'bass, big-room house, rock-infused electronica or totally genre-less bass booms, this country knows how to pick the cream of the crop, and that's evidenced in the phase 1 ...
Samsung electronics and Cisco will collaborate with France-based telco Orange to conduct 5G fixed wireless access (FWA) trial in Romania, the companies announced. It will be the first multi-vendor environment customer trial in Europe and will last a month. The goal is to demonstrate how 5G can ...
Bucharest, Feb. 8 (Xinhua) -- Sixteen people have died of the flu virus during the current cold season in Romania, Health Minister Sorina Pintea announced Thursday. "We cannot say that we are facing an influenza pandemic right now in Romania, but we have an influenza virus that is running around ...
Instead, MEPs grilled Romania's government 'in absentia' on Wednesday, although Toader was present in Strasbourg and ready to speak. Roberta Metsola, a spokeswoman on home affairs and civil liberties for the centre-right European People's Party (EPP), explained that the Romanian justice minister ...
Although smartphones are undeniably useful gadgets, they also seem to cause addiction, and the Romanians make no exception. A study carried out by Huawei together with the multinational market research company Ipsos revealed that almost all Romanians (95%) take their phones with them every time ...
Bucharest, Romania (AP) -- Romania's labor minister is defending a tax and wage overhaul that has created uncertainty and led to pay cuts. Labor Minister Lia Olguta Vasilescu said Tuesday the overhaul was designed in part to address anomalies that resulted in some public sector workers receiving ...
Romania's National Bank (BNR) announced in a statement on Tuesday that it discourages any involvement of local credit institutions in the cryptocurrency sector due to reputational risks. The central bank doesn't want local banks to offer any services to entities involved in cryptocurrency investments and ...
Romania's Competition Council is analyzing the transaction through which Czech-Slovak group Penta Investments takes over A&D PhaRMA, the biggest pharmaceutical group in Romania. The deal was officially announced in December 2017. Penta Investments is a group specialized in long-term ...
As Romanian anti-Semites turn to social media to spread their message - and as the public turn a blind eye to such hate speech - it is time for Romania to face up to its troubled history, experts say. Ana Maria Luca. BIRN. Bucharest ...
Last Friday, our colleagues at the VICE Romania offices in Bucharest became the latest recipients of a surprise visit from a couple of angry ultra-nationalists, in the form of Paul Hitter, an anti-vaccine activist, and Calin Mărincuş, a former kickboxer and current admin of the facebook page "No Islamisation of ...
Bucharest, Romania (AP) -- The Romanian distributors of a French movie about AIDS say it will be shown again after a screening was disrupted by religious protesters. filmmaker Cristian Mungiu said Wednesday "120 Beats Per Minute" would be shown on Feb. 20 at the Romanian Peasant Museum in ...
Maria tells me that Romania's dominance in the sexcam industry is down to three key factors: poverty, an abundance of underemployed beautiful women who speak English, and exceptionally high-speed internet. Around 15 percent of young people in Romania are unemployed. This makes it easy for ...
corruption in Romania has long been endemic, strangling much-needed foreign investment and undermining public trust in our national institutions and public services. The DNA has embarked on a much-needed crackdown, aided by intelligence from the SRI. However, there are increasing concerns that, ...
"Foreign Minister Teodor Melescanu is again pushing Romania away from the European Union, placing it on the same footing with Poland. The irresponsible statement that our country rejects Brussels' intention to make European funding conditional on observing the rule of law does not take into account ...
Romania's National Prognosis Commission (CNP) has increased its economic growth forecast for 2018 from 5.5% to 6.1%, based on higher domestic consumption and investment expectations. The institution, which delivers the official economic prognosis the government uses in its budgeting process, has ...
Romania's tax agency ANAF collected budget revenues totaling RON 19.73 billion (EUR 4.23 million) in January, up by 8.9% compared to the same month of 2017. The collected amount was also 8% higher than the planned level for this month, according to an ANAF press release. The tax agency hasn't ...
But let me tell you a secret: Romania's vast lands are nothing less than nature's playground. Tucked away in Eastern Europe (between Moldova, Ukraine, Hungary, Serbia and Bulgaria) are some natural wonders, parks and reserves that will make any adventurous, eco-conscious traveller happy. Why?
Romania's National Anticorruption Directorate (DNA) has dropped charges against seven ministers after an investigation revealed the indictments came too late. The errors came to light after the prosecutor who originally worked on the case was fired in the summer, leaving judicial inspectors to examine ...
Romanian Foreign Minister Teodor Meleșcanu speaks during a press conference after the meeting of foreign ministers of the Visegrad Group or V4 countries and the Western Balkans and Slovenia, Bulgaria, Croatia and Romania at the Varkert Bazar (Castle gardens Bazaar) at the foot of Castle Hill in ...
Deliberate gesture or a flag protocol blunder? The European Union flag is missing from Romania's new cabinet official photo. Ever since the country joined the European Union back in 2007, official cabinet photos have included the EU flag alongside the Romanian one. Breaking with tradition, the official ...
FILE - In this Friday, Jan. 26, 2018, file photo, a man holds a Romanian flag next to the official portrait of Romanian communist dictator Nicolae Ceausescu, placed next to his grave, as communism nostalgics gather to mark 100 years since he was born, in Bucharest, Romania. A Romanian auction house is ...
Members of the Singing Men of North Central Texas have begun to make plans for a mission trip to Hungary and Romania next year with international evangelist Michael Gott. The Texas Baptist church musicians will perform at a major public hall and at several churches in both countries, said Don Blackley, ...
Romania's top court ruled on Tuesday (30 January) that parts of controversial legal reforms pushed by its centre-left government were unconstitutional and needed to be modified. The measures aim to curb the powers of the country's respected anti-corruption investigative body and the right of the president ...


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