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In January 2017, the retail turnover increased by 6.4% compared to January 2016

Monday, March 6, 2017

Compared to the previous month, in January 2017, the retail turnover volume (excluding the trade with motor vehicles and motorcycles) decreased as gross series by 24.9% and increased as adjusted series according to the number of working days and to seasonality by 0.2%. Compared to the corresponding month of the previous year, the retail turnover volume (excluding the trade with motor ...

A Romanian in the auto industry produces 3 cars per year, against 16 as a Spaniard does

Monday, March 6, 2017

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Manual work which replaces robots and wiring manufacture, not electronic ones take down productivity in the case of Romanian auto employees. As for car production, a Romanian employee produces annually on average three cars against 16 as a Spaniard does. The analysis is made at the level of the whole auto industry, and the difference between the Romanians and the Spaniards is given among other by ...

Angela Cristea, head of EC office in Romania, about the 5 scenarios on EU future

Friday, March 3, 2017

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* Angela Cristea, the head of EC office in Romania, declared that although certain politicians would like not to be asked by Brussels about making decisions, their responsibility was first of all towards people who voted them and that attachment to EU values was a guide for stormy weather. Angela Cristea explained in an interview granted to Mediafax, what each of the five scenarios suggested by EC president Jean Claude Juncker supposed for EU ...

DefMin Les had a meeting with Chairman of the European Union Military Committee (EUMC) Mikhail Kostarakos

Friday, March 3, 2017

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At a meeting on Thursday with visiting Chairman of the European Union Military Committee (EUMC) Mikhail Kostarakos, Romania's Defence Minister Gabriel Les on Thursday said the EU must enhance its part as a security provider, voicing Romania's political and operational support for such an ambitious approach of the EU. "Talks at the meeting focused on the ...

Journalistic investigation reveals SocDem leader Liviu Dragnea’s links to affairs in Brazil

Friday, March 3, 2017

A  Rise Project investigation, whose first part has been released on Wednesday, revealed the connections of Social Democrat chairman Liviu Dragnea with profitable companies having money-making contracts with the state, as ...

Government to buy three ships for the Romanian Agency for Saving Lives at Sea

Friday, March 3, 2017

The Government passed on Thursday two Government decisions to buy three ships for the Romanian Agency for Saving Lives at Sea, respectively the retechnologization of two tugboats - Hercules and Perseus - the last in Galati Lower Danube River Administration's ...

Legal framework for expenditure reimbursement of the SOP Environment 2007-2013 amended by the Gov't

Friday, March 3, 2017

The Government amended, on Thursday's sitting, through an Emergency Ordinance, OUG 34/2015, thus regulating the legal framework for expenditure reimbursement required by the project beneficiaries of the Sectoral Operational Programme Environment 2007-2013, taking into account that until March 31, 2017 its closure ...

Euro trades at 4.5218 lei on Thursday

Friday, March 3, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Thursday by the banks authorized to operate on the currency market is as follows: CURRENCY SYMBOL ...

Amcham Romania warns of fiscal slippage risk over government policy

Friday, March 3, 2017

AmCham Romania, the organization representing over 400 American, international and Romanian companies, warned that the main indicators of this year’s public budget run the risk of generating fiscal slippages that could generate additional costs, business-review.eu informs. The association mentioned that the budget is based on ...

Factoring market advanced more than 10 percent in 2016

Friday, March 3, 2017

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Romania's factoring market advanced more than 10 percent in 2016 from the year before topping the 4 bn euro mark, shows a survey by the Romanian Factoring Association (ARF) sent on Wednesday.It is the third consecutive year of growth for the factoring market. ...

INDUSTRIAL PRODUCTION PRICES UP 1.0% IN JANUARY

Friday, March 3, 2017

In January 2017, industrial production prices for the total (domestic market and non-domestic market) increased by 1.0% compared to December 2016. Industrial production prices for the total (domestic market and non-domestic market) rose by 2.6% in January 2017 compared to January ...

Unemployment rate was 5.4 pct in January 2017

Friday, March 3, 2017

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The seasonally adjusted unemployment rate was 5.4 pct in January 2017, down 0.1 percentage points from the previous month, the National Institute of Statistics (INS) said on Thursday. The number of unemployed (aged 15 to 74) was 488,000, down from the ...

Daimler will carry out checks at several models of Mercedes-Benz buses used în Romania

Friday, March 3, 2017

Daimler notified the National Authority for Consumer Protection (ANPC) that it will carry out checks at several models of Mercedes-Benz buses, according to a briefing published on the institution's website. "We would like to let you know that Daimler has ...

Romanian Ombudsman took notice ex-officio in the case of Romanian children taken from families by authorities in Finland

Friday, March 3, 2017

The Ombudsman took notice ex-officio and is going to carry out the legal demarches in the case of Romanian children taken from families by authorities in Finland and placed into foster ...

Report: Number of millionaires grew by 3.7% in Romania last year

Friday, March 3, 2017

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The number of Romanians with wealth over one million dollars was 11,200 in 2016, on the rise by 3.7% compared to 2015, while 180 had over 30 million dollars, according to the report made by the real estate consulting company Knight Frank, based on date supplied by the research company New World Wealth. The authors of the study estimate that in 2026 there will be 12,300 Romanians with fortunes over 1 million dollars. In 2016 ...

Study: 70% Romanians think there are too many commercials online

Friday, March 3, 2017

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Over two thirds (70%) of Romanians in the urban area consider there are too many commercials online, according to a study made by iSense Solutions company, which shows that 75% of Romanians say that online ads are repetitive, while 59% consider them boring. According to the study, consumers take attitude against brands when their promotion in the online world becomes very aggressive in the online promotion. 67% of them say they ...

Avian influenza outbreaks in Romania has reached 16

Friday, March 3, 2017

The number of avian influenza outbreaks in Romania has reached 16, after another three outbreaks have been confirmed in poultry in Constanta and Arges counties, so the number of poultry affected by the disease amounts to 1,287, informs on Thursday the National Sanitary Veterinary and for Food Safety Authority ...

Commission presents White Paper on the future of Europe: Avenues for unity for the EU at 27

Thursday, March 2, 2017

As announced in President Juncker's 2016 State of the Union speech, the European Commission today presented a White Paper on the Future of Europe, which forms the Commission's contribution to the Rome Summit of 25 March 2017. As we prepare to mark the 60th anniversary of the EU, we look back on a peace spanning seven decades and on an enlarged Union of 500 million citizens living in freedom in one of the world's most prosperous economies. At the ...

President Iohannis: A Union of concentric circles can lead to disintegration of European project

Thursday, March 2, 2017

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President Klaus Iohannis welcomed Prime Minister of the Republic of Malta Joseph Muscat, on Wednesday, at the Cotroceni Palace, context in which he firmly positioned himself against the ideas of late regarding a Europe with more speeds - a Union of concentric circles. According to a release of the Presidential Administration, in the opinion of ...

PM Grindeanu welcomes visiting Maltese counterpart Muscat

Thursday, March 2, 2017

Prime Minister Sorin Grindeanu welcomed on Wednesday at the Victoria Palace his counterpart of Malta, Joseph Muscat, on an official visit to Romania. Premier Sorin Grindeanu reiterated during the meeting this Wednesday at the Victoria Palace of Government with Maltese Prime Minister Joseph Muscat, Romania's support for the priorities of the Maltese Presidency of the Council of the EU and reaffirmed the commitment of the authorities in Bucharest to ...

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