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Japan's PM Shinzo Abe welcomed at Cotroceni Palace by President Klaus Iohannis

Wednesday, January 17, 2018


President Klaus Iohannis welcomed on Tuesday at the Cotroceni Presidential Palace Japan's Prime Minister Shinzo Abe, within an official visit that the high Japanese official is paying to Bucharest.This first visit to Romania of a Japanese Prime Minister takes place in the context of celebrating five years since agreeing on, in 2013, the Renewed Partnership between Romania and Japan.The official visit was occasion discussions in an exclusive format, ...

Shinzo Abe : Romania represents a crucial partner to Japan

Wednesday, January 17, 2018


Japan's Prime Minister Shinzo Abe said on Tuesday that Romania is a crucial partner to Japan, adding that he agreed with President Klaus Iohannis to have a close cooperation between the two countries to "maintain and consolidate the order of law on an international level.""Romania occupies a strategic geographical position in Europe and represents a crucial partner to Japan, our countries being grounded on common values and principles, such as freedom, democracy, ...

Deputy Prime Minister Paul Stanescu met Japanese official and economic delegation at Victoria Palace

Wednesday, January 17, 2018


Developing cooperation with Japan will remain a fixture of Romania's foreign policy, regardless of the political formula of the Bucharest government, Deputy Prime Minister Paul Stanescu said on Tuesday at the Victoria Palace.  "Taking relations with Japan to a deeper level is a priority of the governing program's foreign policy component that we want to promote in a manner as efficient as possible. After 1990, developing cooperation with Japan has ...

Viorica Dancila nominated by PSD's CExN for PM office 

Wednesday, January 17, 2018


Viorica Dancila was nominated by the National Executive Committee (CExN) of the Social Democratic Party (PSD, major at rule) for the Prime Minister office, Social-Democrat sources said on Tuesday The nomination was voted unanimously by the leadership forum, with one abstention. Earlier on Tuesday, Romanian President Klaus Iohannis appointed PSD member Defence Minister Mihai Fifor as interim prime minister, prompting speculation from analysts that Fifor ...

Political analysts about the current political crisis

Wednesday, January 17, 2018

Currently, the Social Democratic Party (PSD, major at rule) proves that it cannot keep a Prime Minister more than six months, regardless of the proposal Liviu Dragnea is going to submit to the Cotroceni Palace (presidential seat, ed. n.), increasing the leverage of President Iohannis regarding the nomination of the future head of the Executive, analyst Petre Magdin told Agerpres."This way, one of the fundamental mantras of the party is affected, namely that the ...

New round of Romanian-Polish strategic dialogue on security matters

Wednesday, January 17, 2018


Secretary of State for Bilateral and Strategic Affairs in the Euro-Atlantic Space George Ciamba participated on Tuesday in Warsaw, alongside Secretary of State for Defence Policy, Planning and International Relations with the National Defence Ministry Mircea Dusa, in the seventh round of the Romanian-Polish strategic dialogue on security matters, carried out under the aegis of the Strategic Partnership between Romania and Poland.The Polish delegation was headed by ...

Bitdefender signs accord with American router producer Netgear

Wednesday, January 17, 2018


The software producer Bitdefender signed a technology licence partnership with the American equipment producer for Netgear networks, which will include in its products security solutions for smart devices, developed in Romania under the name of Netgear Armor. The partnership will offer additional security to WiFi router users, preventing cyber attacks and protecting sensitive data from attackers, a company press release shows. The main benefit of ...

Saxo Bank analysis: Romania, the ideal place for a fintech revolution

Wednesday, January 17, 2018

Fintech will produce a revolution and is leaving the door open to real challenges, but also with opportunities for those who embrace it, Laurentiu Nedelcu, CEE manager at Saxo Bank said in a recent analysis. The spread of new technologies – both in the hardware sector as well as in the development of customer experience is changing forever the way in which financial services are offered. The innovation based on technology ...

Dacia carmaker's 2017 sales top 655,000 units

Wednesday, January 17, 2018


Sales by Romania's flagship car maker Dacia stood at over 655,000 units in 2017, by 12.2 pct more than in the previous year, with France being the most important outlet with an uptake of 120,000 units, the company said in a Monday release. The carmaker maintained its position as Romania's market leader with a share of nearly 29 pct and 43,262 vehicles sold last year, up 11.3 pct as compared to 2016.According to the cited source, 47 pct of the ...

KeysFin Business Barometer: 2018, a year of uncertainty

Wednesday, January 17, 2018


The economy continues to grow, but the imbalances are sharpening. Romanian managers are moderately optimistic as concerns grow on the real economic evolution this year. The inflation, the depreciation of the local currency and the uncertainties related to the fiscal framework are the main risks highlighted by the businessmen as per the eighth edition of the bi-annual barometer on the economic outlook, a release posted on the website reads quotd by ...

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