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CNAIR signed the contract for Part 5 of the Highway Comarnic – Brasov: 2.6 mil. euro/km

Tuesday, October 3, 2017

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At the ministry of transport in the presence of the minister Razvan Cuc was signed on Monday the contract for the design and execution of part 5 of the highway Comarnic-Brasov, sector Rasnov-Cristian and connecting road, of 6.3 km (highway) + 3.7 km (national road with 4 lanes) The contract was signed by the National Company for the Administration of Road Infrastructure (CNAIR) with the association made up by SC Alpenside SRL – SC Specialist ...

Unemployment declines in Romania this August to 5.1pct

Tuesday, October 3, 2017

Unemployment in Romania decreased by 0.1 percentage points in August 2017, on a monthly basis, to 5.1 percent. "The number of unemployed (aged 15-74), estimated for August 2017, was 465,000, down from the previous month (478,000 persons) and the same month of the previous year (510,000 people). By gender, male unemployment exceeded by 2.4 percentage points female unemployment, 6.1 percent to 3.7 percent, " the National Institute of Statistics (INS) ...

Eurostat: How much do EU Member States' governments spend on housing?

Tuesday, October 3, 2017

In 2015, almost €86 billion of general government expenditure was spent by EU Member States on housing and community amenities. This figure is equivalent to 0.6% of the EU's GDP. In addition, Member States spent nearly €81 bn on social protection expenditure related to housing (equivalent to 0.5% of the EU's GDP). This news item marks today's World Habitat Day, which has the theme "Housing policies: Affordable ...

The 53rd Anniversary of ITEC celebrated în Bucharest by the Indian Embassy

Tuesday, October 3, 2017

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The event hosted on 29 September by the Embassy of India to Bucharest celebrated the 53rd Anniversary of the Indian Technicaland Economic Cooperation, ITEC in short. ITEC was instituted by a decision of the Indian Cabinet on 15 September 1964 as a bilateral programme of assistance of the Government of India. The programme was launched in 1964 under the Prime Ministership of Mr Lal Bahadur Shastri. The Golden Jubilee of ITEC was celebrated in 2014, coincidentally the first ...

Croatian President Kolinda Grabar-Kitarovic starts today a state visit to Romania

Monday, October 2, 2017

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President Klaus Iohannis will have on Monday, at the Cotroceni Presidential Palace, a meeting with his Croatian counterpart Kolinda Grabar-Kitarovic, who is paying a state visit to Romania between 2 and 4 ...

Iohannis at European Council in Tallinn: It is important that we have future-oriented approaches

Monday, October 2, 2017

The European Union (EU) leaders have future-oriented approaches, towards redefining and reinventing the EU, said President Klaus Iohannis, pointing out that "the reflection process for the future of the EU is now really started." The Romanian head of state is attending on Friday the informal meeting of the European Council on digital issues, held in Tallinn, ...

Invitation launched by Iohannis for an informal Summit to be organised în Sibiu, 2019

Monday, October 2, 2017

The progresses recorded by Romania in digitization were highlighted in Tallinn, Estonia by President Klaus Ioahnnis, who launched the invitation for an informal Summit to be organised in central Sibiu, in 2019, on a subsequently decided-upon ...

President Iohannis: There is need of new negotiation on Justice laws with the justice system

Monday, October 2, 2017

Romania's President Klaus Iohannis on Friday said he has received in Tallinn a series of opinions regarding worries on certain developments that might come into contradiction with the idea of rule of ...

Government: the goods made in Romania through the NATO investment programme stay in the state patrimony

Monday, October 2, 2017

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The government adopted in the meeting on Wednesday a draft law through which it is clearly stated that the goods made in Romania through the programme Nato for investments in Security (NSIP) get into the state patrimony, provision referring to the Fetesti basis where the F-16 are placed. The draft modifies article 2 of the law 294/2007 regarding the undergoing in Romania of projects financed through the NATO project for investments in security through ...

Hans Klemm: Acquisition of first Patriot system, beginning of defense cooperation between Romania, US

Monday, October 2, 2017

Romania allocating 2 percent of its national output for defense spending for the next ten years is a difficult but courageous political decision, while the acquisition of the first Patriot missile defense system is just the begging of cooperation between Romania and the US in the defense industry, US ambassador in Bucharest Hans Klemm told AGERPRES in an interview on Friday. "One thing that is very important about the political decision made by Romania ...

Next Three Seas summit planned in Romania

Monday, October 2, 2017

The next Three Seas summit, aiming to boost cooperation among countries between the Black, Baltic and Adriatic Seas, will take place in autumn 2018 in Romania, Polish Radio’s IAR news agency has reported. Officials from Poland, Croatia and Romania were on Friday holding talks in Bucharest on the future of the Three Seas initiative. One of the topics of the meeting was collaboration between the 12 countries involved in the ...

Deputies Chamber head says China’s billions in investments should reach Romania

Monday, October 2, 2017

Liviu Dragnea, the president of the Chamber of Deputies, suggested that Chinese capital could be used for massive investments in energy and infrastructure, business-review.eu reports. He said that negotiations with the Chinese were close to completion but last year all talks were suspended, when the country had a technocratic government. “I hope that now, after (negotiations – e.n.) will be resumed by the ...

UK free to introduce visas on Poland and other EU members after Brexit

Monday, October 2, 2017

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The UK will be free to introduce visas for Poland, Romania and Bulgaria and may do so after its “orderly exit” from the European Union, Britain’s chief negotiator David Davis said on Thursday (28 September), answering a question from EURACTIV.com. David and his EU counterpart, Michel Barnier faced the press as usual on Thursday, to debrief on the fourth round of negotiations that took place this week. The two ...

BNR: EUR 2 bln in FDI attracted by manufacturing in 2016

Monday, October 2, 2017

Close to half of the total foreign direct investments (FDI) amount worth EUR 4.5 billion attracted by Romania last year went into manufacturing, while the largest equity participation through capital increases was recorded in electricity, gas and water supply, according to the National Bank of Romania (BNR), business-review.eu informs. Last year, the manufacturing sector attracted EUR 2 billion, while the main sub-sectors benefiting from foreign direct ...

How much will the euro be in December

Monday, October 2, 2017

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The single European currency will be quoted at 4,65 lei in December this year and the reference interest of the BNR will be 2.25 %  in March next year, the report of the Raiffeisen Bank International AG says. The analysts of the bank say that in December this year a euro will be 4.65 lei but between January and June 2018 the single currency won’t be over 4.6 lei. On the other hand, the reference interest of the ...

Growth of prices starting with 1 October: electricity, gas, fuel and food as well as loan rates

Monday, October 2, 2017

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The bills for electricity and gas, as well as the price of fuel will increase starting with 1 October, which will produce a wave of increase of prices for most products and services, especially food, all at the same time with the growth of banks rates. As regards the price of electricity, ANRE decided that starting with 1 October there will be an increase for the household users of 0.03 lei/kWh. The ANRE chairman Niculae Havrilet explained that it ...

Bucharest stock indices end week in red, turnover rises

Monday, October 2, 2017

Bucharest stock indices fell on Friday in higher turnover, Bucharest Stock Exchange (BVB) data showed, seenews.com informs. The total equity turnover of the BVB rose to 68.1 million lei ($17.5 million/14.8 million euro) from 62.2 million lei on Thursday. Romanian power supplier and distributor Electrica [BSE:EL] closed 1.08% lower at 12.86 lei in the day’s largest turnover of 25.6 million ...

Bulgaria, Romania to open new border crossing on Oct 3

Monday, October 2, 2017

The border crossing Kainardzha - Lipnitsa linking Bulgaria and Romania will be opened on October 3, the Bulgarian government said on Wednesday, seenews.com informs. This will be the 11th crossing point on the border between the two countries. Also on October 3, Bulgarian and Romanian government officials will discuss the signing of a Memorandum of Understanding (MoU) for carrying out a feasibility study for the construction of a ...

Only 65.2pct of Romania's total population connected to the public water supply system in 2016

Monday, October 2, 2017

The population connected to public water supply accounted for 65.2% of Romania’s resident population*) in 2016. 94.9% of the urban resident population and 30.8% of the country’s rural resident population were connected to public water supply. The volume of water supplied in 2016 was smaller than the one supplied in 2015. ...

CONSTRUCTION PERMITS RELEASED FOR RESIDENTIAL BUILDINGS INCREASED BY 11.2% IN AUGUST 2017

Monday, October 2, 2017

In August 2017, 4415 construction permits were released for residential buildings, a 3.1% increase compared to July 2017 and an 11.2% rise compared to August 2016. In the 1.I-31.VIII.2017 period, 27605 construction permits were released for residential buildings, 6.2% more than in the same period of the previous year.   The number of building ...

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