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Gov't adopted a draft law approving the geological programme at national level

Friday, July 28, 2017

 The Government adopted on Thursday's meeting a draft law approving the geological programme at national level, aiming, among other things, to provide the necessary data for the basis of calls for future exploration works, reads a press release of the ...

Collaboration protocol between Romanian and Kazakhstan regarding the business environment

Friday, July 28, 2017

The National Council of Private Small and Medium Sized Enterprises in Romania (CNIPMMR) and the National Chamber of Entrepreneurs of the Republic of Kazakhstan ...

LaborNet Romania - Serbia cross-border project was launched on Thursday

Friday, July 28, 2017

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 The LaborNet Romania - Serbia cross-border project was launched on Thursday by the Chamber of Commerce, Industry and Agriculture (CCIA) Timis, partnered by its homologue body in Serbia's north district of Banat, Kikinda and the City all of Kikinda, that are operating with ...

Cancer patients association's head asks Merkel to somehow stop cancer medicines' import from Romania

Friday, July 28, 2017

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The chairman of the Cancer Patients Association Federation of Romania (FABC), Cezar Irimia on Thursday said he had sent a letter to the German Chancellor, Angela Merkel in relation to the medicines import from Romania. "The letter is a prayer to Chancellor Angela Merkel to do somehow, anyhow to stop this import from the Romanian market because we, the Romanian ...

Euro trades at 4.5656 lei on Thursday

Friday, July 28, 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 RON 1 Euro EUR 4.5656 1 US dollar USD 3.8936 1 Swiss franc CHF ...

OTP Bank Romania signed an agreement with National Bank of Greece to buy Banca Romaneasca

Friday, July 28, 2017

OTP Bank Romania said on Thursday it has signed an agreement with National Bank of Greece (NBG) to buy Banca Romaneasca (BROM) for an undisclosed sum. The transaction involves the shares in BROM held by NBG, as well as the purchase of additional exposures in Romania belonging to other subsidiaries of NBG, OTP Bank Romania, a subsidiary of Hungary-based OTP Bank said in a press release. The acquisition will increase OTP Bank Romania's market share to around 4%, making the bank ...

Reuters: Romania to pass vaccination law to deal with immunization gaps

Friday, July 28, 2017

Romania needs to pass a vaccination law and overhaul medical services to prevent the spread of a measles outbreak that has already claimed 32 deaths, the most of any European country, the health ministry said late on Wednesday, Reuters correspondent reports. Vaccination rules are being tightened across Europe, where a decline in immunization has caused a spike in diseases such as measles, chicken pox and mumps, according to the European Centre for Disease Prevention and Control ...

Romania approves transaction between KMG and China Energy Company Limited

Friday, July 28, 2017

A transaction between National Company KazMunayGas (KMG) and China Energy Company Limited (CEFC) received the approval of the Romanian officials, KazMunayGas International announced in a press release on Thursday. According to the release, the shareholding in the new KMGI joint-venture will be 49 percent for KMG and 51 percent for ...

Energy Ministry : Fondul Proprietatea has a destructive attitude within the companies where it is shareholder together with the Romanian state

Friday, July 28, 2017

Fondul Proprietatea (FP) has a destructive attitude within the companies where it is shareholder together with the Romanian state, which could lead to blocking the said companies' activity as things happen repeatedly at Hidroelectrica, a release sent by the Energy Ministry on Thursday ...

ANRE Committee to approve today tender for BRUA gas pipe

Friday, July 28, 2017

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The ruling committee of ANRE will approve on Friday the initiation of the tender for Romania-Hungary gas transport pipe, within BRUA project, said Emil Calota, vice-president of the Authority in a press conference. “Tomorrow, 3.00 p.m. I scheduled an extraordinary committee meeting to approve Transgaz proposal made together with the Hungarian transporter to initiate the tender for gas transport on the section Romania-Hungary-Austria. This is the first step to see interest in ...

Workshops and exhibitions at  Romanian Peasant National Museum

Friday, July 28, 2017

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Painting, clay modelling and wool gift manufacture workshops are organised Thursday through Sunday at the Romanian Peasant National Museum, organizers inform. The painting exhibition Let’s revive the Romanian Orthodox monastery in Jordan is open at the Museum until July 30. The exhibition, also opened in May at the Romanian Culture Institute in Bucharest, includes works by remarkable artists, painters and sculptors, members of the Plastic Artists’ Union, from all ...

PM Tudose: an acquisition plan of the National Defence Ministry for the Army to be approved next week

Thursday, July 27, 2017

Prime Minister Mihai Tudose on Wednesday said that next week, in a smaller format than that of a government meeting, there will be approved an acquisition plan of the National Defence Ministry (MApN) for the Army, in reply to a question on DefMin Adrian Tutuianu's statement, according to which Romania is prepared to make the first payment for the Patriot missile system which it is going to buy from the US partners. The Prime Minister underscored that the 2 ...

DefMin Tutuianu: Romania is considering acquiring the most up-to-date configuration of the Patriot system

Thursday, July 27, 2017

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 Defence Minister Adrian Tutuianu said on Wednesday that the Romanian Government is considering acquiring modern Patriot missile batteries, adding that a payment toward the the acquisition could be made this November."These acquisitions are made in the interest of meeting Romania's security needs, and also to meet governmental commitments to NATO. We are considering the acquisition of state-of-the-art equipment that will fully satisfy the security needs. For ...

Romania actively supports Georgia, the Republic of Moldova and Ukraine, DefMin Tutuianu says

Thursday, July 27, 2017

Romania actively supports the intensified allied efforts directed towards Georgia, the Republic of Moldova and Ukraine, Minister of Defence Adrian Tutuianu stated on Wednesday during the meeting with the ambassador of the Kingdom of Denmark in Bucharest, Karsten Vagn Nielsen, reads a press release of the National Defence Ministry ...

Russia bolsters military potential in South to respond to emerging threats — defense chief

Thursday, July 27, 2017

Beginning this year the United States alone conducted over 130 reconnaissance flights along Russia’s southern borders, the defense minister said, quoted by tass.com. Russia has no choice but to keep beefing up its combat capabilities in the Southern Military District taking symmetric measures to neutralize threats to its national security, Russian Defense Minister Sergey Shoigu said on ...

"Prince of Wales" Foundation Romania launches a support programme of the Romanian military injured in the operation

Thursday, July 27, 2017

The "Prince of Wales" Foundation Romania launches a support programme of the Romanian military injured in the operation and of those who retire, also announcing a fund raising campaign for their counseling or professional change back, the foundation informs on its Facebook page. In accordance to the source, the foundation starts "a public campaign of support that aims to raise funds for two new programmes: one counseling programme for the military suffering ...

New Romanian ambassadors accredited to Peru and Ecuador, Cuba, Haiti and Jamaica, Mexico, Guatemala and Honduras and India and Nepal

Thursday, July 27, 2017

President Klaus Iohannis on Wednesday signed the decrees accrediting several ambassadors of Romania to Peru and Ecuador, Cuba, Haiti and Jamaica, Mexico, Guatemala and Honduras and India and Nepal, a Presidential Administration release informs. Gabriel Gafita will represent Romania to Peru and Ecuador, with the residence in Lima, and Gentiana Serbu was accredited ambassador to Cuba and for Haiti and Jamaica, with the residence in La ...

Euro trades at 4,5628 lei on Tuesday

Thursday, July 27, 2017

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

Romania pay rises among most generous in Europe this year, and continues to do so in 2018

Thursday, July 27, 2017

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 Romanian workers are getting an average real-terms pay rise that is one of the highest in Europe this year, but rising inflation will erode the rate of wage gains in 2018, according to research by Willis Towers Watson. Its Salary Budget Planning Report, a global study of wage levels, shows that Romania will see an average overall salary hike of 4.5% this year, against a forecast inflation rate of 1.2%, leaving a pay rise of 3.3% in real terms ...

The vice-chairman CCIR: Romania risks to get in the situation of Greece, after the growth of the salaries

Thursday, July 27, 2017

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The vice-chairman of the Chamber of Commerce and Industry of Romania (CCIR) Vasile Bar drew the attention that, after the growth of the salaries in the public sector, Romania risks to get into Greece’s situation, the business environment not being able to support these increases. According to him, the private sector cannot support the salary growth in the public sector, Romania  being almost close to collapse and close to follow the Greek ...

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