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Euro trades at 4.6362 lei on Tuesday

Wednesday, December 13, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Tuesday by the banks authorised to operate on the currency market is as follows: CURRENCY SYMBOL RON 1 Euro EUR 4.6362 1 US dollar USD 3.9368 1 Swiss franc CHF 3.9746 1 British pound GBP 5.2449 100 Japanese yen JPY 3.4698 1 Moldovan leu MDL 0.2273 1 Russian rouble RUB 0.0669 1 new ...

Economic cooperation between Turkish and Romanian can be strengthened in the oil and gas, hydro power plants, rolling stock, information technology

Wednesday, December 13, 2017

 Economic cooperation between Turkish and Romanian business communities can further be strengthened through the joint development of some projects in the oil and gas, hydro power plants, rolling stock, information technology and communication or innovation and research sectors, as discussed during a meeting between Ilan Laufer, Minister for Business Environment, Commerce and Entrepreneurship, and Fatih Memet, Deputy Minister of Economy, of Turkey. Ilan ...

Survey: Romanian employers forecast the most optimistic hiring pace in the last nine years

Wednesday, December 13, 2017

Romanian employers are the most optimistic in the EMEA region regarding hiring perspectives in the January – March 2018 interval, on a par with their Slovenian peers, according to the latest edition of the ManpowerGroup Employment Outlook Survey quoted by romaniajournal.ro. The +17% seasonally adjusted Net Employment Outlook for Q1/2018 is the strongest reported since Q1/2009, improving over the January – March 2017 interval by 3 percentage ...

No Lactalis milk powder supplied to Romania, sanitary authority says

Wednesday, December 13, 2017


Romania is not on the list for supplies of special nutritional foodstuff (baby milk powder) contaminated with Salmonella Enterica, the Sanitary-veterinary Authority (ANSVSA) has informed on Tuesday, romaniajournal.ro informs. “The National Sanitary-Veterinary and Food Safety Authority has received a fresh notification through the fast alert system, by which the National Contact System Point in France has officially informed that Romania is not on ...

The new orders in manufacturing increased in nominal terms by 19.4% in October 2017 compared to October 2016

Wednesday, December 13, 2017

In October 2017, the new orders in manufacturing overall (domestic market and non-domestic market), in nominal terms, increased by 7.7% compared to the previous month and were up 19.4% from the same month of the previous year. In the 1.I-31.X.2017 period, the new orders in manufacturing rose in nominal terms by 12.2% compared to the 1.I-31.X.2016 ...

The industry turnover  increased by 17.2% in  October 2017 compared to October 2016 

Wednesday, December 13, 2017


  - In  October  2017,  the  industry  turnover,  per  total  (domestic  and  non?domestic  market),  in nominal  terms,  increased  compared  to  both  the  previous  month  by 3.0%  and  to  the ...

Prince Charles to attend funeral of King Mihai I of Romania in Curtea de Arges

Tuesday, December 12, 2017

Charles, Prince of Wales, will attend the funeral of King Mihai I of Romania, to be held on 16 December  in Curtea de Arges. The announcement was made by the spokesman of the Romanian Patriarchy, Vasile Banescu, business-review.eu informs.  “As far as I understood, Prince Charles already confirmed ...

Princess Margareta în front of the Parliament: Carry on serving Romania's fundamental interests

Tuesday, December 12, 2017


Custodian of the Crown of Romania, Princess Margareta stated on Monday during the Parliament's plenary sitting of the Senate and the Deputies' Chamber, dedicated to King Mihai I's homage, that she will carry on serving Romania's fundamental interests and will dedicate her work to Romanians in all corners of the world. "This is the beginning of a ...

Law 303/2004 on the judges' and prosecutors' statutes: 179 deputies voted in favour of the draft and 90 deputies against it

Tuesday, December 12, 2017

Deputies cast the final vote on Monday regarding the amendment of Law 303/2004 on the judges' and prosecutors' statutes, after having voted on December 6th the piece of legislation by paragraphs, following 13-hour debates. As many as 179 deputies voted in favour of the draft and 90 deputies against it.  Former Prime Minister Dacian Ciolos stated on Sunday evening, while attending the protest in the Victoria Square, that Parliament continues to ...

Reuters: Romania's lower house approves controversial courts bill

Tuesday, December 12, 2017

Romania’s lower house of parliament, which is dominated by the ruling Social Democrats, approved a bill on Monday that will change the way magistrates are supervised and which critics say threatens judicial independence and efforts to fight corruption, Reuters correspondent reports. Thousands of Romanians have rallied in the capital Bucharest and other cities over the past weeks protesting against government plans to overhaul the judicial system ...

Hans Klemm: United States worried about Romanian authorities attempting to weaken the fight against corruption

Tuesday, December 12, 2017

US Ambassador Hans Klemm warned the Romanian authorities about the dangers involved in the proposed changes to justice laws during a discussion with journalists in Targu Mures, business-review.eu reports. Klemm stated that the United States truly admire the progress Romania has had since 1989, regarding the efforts to consolidate institutions of democratic governance, embracing a democratic future and values, and its clear and unequivocal commitment to ...

GRECO to carry out urgent evaluations of new legislation concerning the judiciary in Romania and Poland

Tuesday, December 12, 2017


  During its plenary meeting, held from 4 to 8 December, the Council of Europe Group of States against Corruption ...

Ex PM Ciolos: Romanian 100 Platformwill give birth to a political party

Tuesday, December 12, 2017

Former Prime Minister Dacian Ciolos on Sunday announced at a meeting of the Romanian 100 Platform community that the structure will give birth to a political party to be presented in the following months, which party will not act against those 'with the same DNA" and will remain open to anyone sharing the same values at its foundation. "The Romania 100 Platform will give birth to a political party (...) No doubt about it. This is already established and, at ...

Euro trades at 4.6332 lei on Monday

Tuesday, December 12, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Monday by the banks authorised to operate on the currency market is as follows: CURRENCY SYMBOL RON 1 Euro EUR 4.6332 1 US dollar USD 3.9274 1 Swiss franc CHF 3.9629 1 British pound GBP 5.2548 100 Japanese yen JPY 3.4633 1 Moldovan leu MDL 0.2287 1 Russian rouble RUB 0.0663 1 new ...

Romania only spent 1.1 pct of European funds for 2014-2020

Tuesday, December 12, 2017


Romania spent 1.1 percent (EUR 400.4 million) of the European funds available to the country in the 2014-2020 programme for structural and investment funds, business-review.eu informs. During the same period, states like Bulgaria or Poland have had an absorption of 7.5 percent and 6.5 percent respectively, according to European Commission data obtained by Agerpres. The largest part of the total amount Romania has spent was ...

Trade deficit higher by almost 2.3 billion euro in first ten months

Tuesday, December 12, 2017

The trade balance deficit (Freight on Board - FOB/Cost, Insurance and Freight - CIF) in the first ten months of 2017 stood at 10.207 billion euro, higher by 2.298 billion euro compared to the period between 1 January and 31 October 2016, according to the data published on Monday by the National Institute of Statistics (INS). According to the ...

Romania recorded in October a negative population growth of 3,974 people

Tuesday, December 12, 2017

In  October  2017  the  number  of  births  slightly  decreased  and  the  number  of  deaths  increased compared to September 2017. The number of marriages significantly dropped and the number of divorces rose in October 2017 ...

Study: Romanians would accept a less paid job, but with more free time

Tuesday, December 12, 2017

Romanians want to have more personal time instead of money and are no longer satisfied with what their employers usually offer, Hunters survey reveals, romaniajournal.ro informs. Thus, the study, which measures trends in the Romanians’ lifestyle in 2018, shows that 55 percent of Romanians say they are willing to accept a less paid job, but to have them more free time and less stress. 3 out of 10 Romanians have begun to ...


Tuesday, December 12, 2017

In October 2017, the average gross nominal earnings were 3327 lei, by 0.7% higher  than  the one registered in September 2017. The average net nominal earnings were 2392 lei, increasing as against the previous month with 16 lei (+0.7%). ...

MAX Business Accelerator: The digital platform that could raise the GDP of Romania made by entrepreneurs for entrepreneurs

Tuesday, December 12, 2017

 Last Thursday, a new era of entrepreneurism performance begins with the launch of MAX BA, a statement sent to ACTMedia informs. Mobility, quickness, safety, speed, business intelligence and future are just a few of all the words that define the first digital platform in cloud for the efficient management of financial resources for the small and medium companies. Log in and test MAX BA for free until the end of December to see how your business can become more efficient, ...

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