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Industrial turnover, up 10.8 percent the first eight months of 2017

Wednesday, October 11, 2017

Industrial turnover (domestic and foreign market) was up 10.8 percent in nominal terms the first eight months of this year from the same period last year, due to the advance recorded in the mining industry (+13.6 percent) and the manufacturing industry (+10.7 percent), according to National Institute of Statistics (INS) data released on Tuesday. In August, the turnover in industry overall (domestic and foreign market), in nominal terms, was 13.5 percent ...

The new orders in manufacturing increased in nominal terms by 17.3% in August 2017 compared to August 2016

Wednesday, October 11, 2017

In August 2017, the new orders in manufacturing overall (domestic market and non-domestic market), in nominal terms, decreased by 0.3% compared to the previous month and were up 17.3% from the same month of the previous year. In the 1.I-31.VIII.2017 period, the new orders in manufacturing rose in nominal terms by 12.2% compared to the 1.I-31.VIII.2016 ...

In August 2017, natural population growth was further in the negative

Wednesday, October 11, 2017

In August 2017 the number of births and the number of deaths increased compared to July 2017. The number of marriages and the number of divorces rose in August 2017 compared to July 2017. The number of deaths of children under 1 year dropped in August 2017 compared to July ...

Energy Efficiency Forum 2017 ,October 12, InterContinental Hotel: Challenges and opportunities of the moment in energy efficiency

Wednesday, October 11, 2017


 The Energy Efficiency Forum, the most important annual event dedicated to energy efficiency and the development of sustainable energy programs, has reached its fourth edition at an opportune moment in this field, considering the new strategies for the implementation of the EU Directive no. 27/2012. Organized by the Romanian Association for the Promotion of Energy Efficiency (ARPEE) together with GOVNET Conferences, the event will discuss both the ...

NATO AP elected its leadership

Tuesday, October 10, 2017


The plenary session of the NATO Parliamentary Assembly taking place in Bucharest on Monday elected its leadership - the President and five vice-presidents for a one-year term in office. Paolo Alli (Italy), President of NATO PA and vice-presidents Metin Lutfi Baydar (Turkey), Joseph A. Day (Canada), Rasa Jukneviciene (Lithuania) and Lord Campbell (UK) were re-elected for a new term in office. Moreover, Vitalino Canas (Portugal) got elected ...

NATO PA Paolo Alli: Supporting the Ukraine, the Republic of Moldova and Georgia means defending the entire Europe and NATO

Tuesday, October 10, 2017

President of NATO Parliamentary Assembly Paolo Alli stated on Monday, in the opening of the 63rd annual session of the NATO PA that supporting the Ukraine, the Republic of Moldova and Georgia means defending the entire Europe and NATO. "Our end of week's meetings have illustrated once again the great value the Assembly attaches to talks on global and transatlantic security. The spring session in Georgia and the current one in Romania have allowed us to ...

Stotlenberg: cooperation with EU, ongoing modernization of the Alliance and the relations with Russia, topics of the NATO Summit in 2018

Tuesday, October 10, 2017


The cooperation with the European Union, the ongoing modernization of the North Atlantic Alliance and the relations with Russia will be important topics of the NATO Summit in 2018, to be hosted by the new Brussels headquarters of the organization, said on Monday NATO Secretary General Jens Stoltenberg, in the plenary session of the NATO Parliamentary Assembly. In his speech, Stoltenberg said that preparations have commenced for the next NATO Summit to be held ...

Romania is hosting NATO Headquarters Multinational Brigade South-East located in Craiova

Tuesday, October 10, 2017


NATO Secretary General Jens Stoltenberg commended the servicemen of the Headquarters Multinational Brigade South-East (HQ MN BDE-SE) on Monday, for their contribution to preserving the security of nations, adding that the message they convey is of a powerful and united NATO. Stoltenberg stated that NATO reached 5,000 servicemen with a very-high level of operability and set up a chain of small command along the eastern flank of the ...

Reuters: NATO launches Black Sea force as latest counter to Russia

Tuesday, October 10, 2017

NATO launched a new multinational force in Romania on Monday to counter Russia along its eastern flank and to check a growing Russian presence in the Black Sea following the Kremlin’s 2014 seizure of Crimea, reuters.com reports. The force will initially be built around a Romanian brigade of up to 4,000 soldiers, supported by troops from nine other NATO countries, and complementing a separate deployment of 900 U.S. troops who are already in place. ...

Secretary General of NATO, Jens Stoltenberg on Monday met Prime Minister Mihai Tudose

Tuesday, October 10, 2017

With its commitment to earmark 2 per cent of the GDP for defence expenditure in 2017, Romania should be regarded as an example for others, the same as it should be regarded as an example for the manner in which it involved in NATO activities, the Secretary General of NATO, Jens Stoltenberg on Monday said at Vila Lac 1, where he met Prime Minister Mihai Tudose. The NATO Secretary General also wanted to show his gratitude for the contributions that Romania ...

PM Tudose: Romania to sign an important contract with an American company that will produce arms in Romania

Tuesday, October 10, 2017

Prime Minister Mihai Tudose on Monday announced the signing on Tuesday of an important contract with an American company that will produce arms in Romania, in collaboration with a Romania company. "Tomorrow, we will sign an important contract with an ...

Iohannis: Crossed presence of Romania, Poland on eastern flank shows dividing in subassemblies not good

Tuesday, October 10, 2017

Romania's President Klaus Iohannis believes the crossed presence of Romania and Poland on the eastern flank of NATO is an example that dividing the alliance into subassemblies would not be very good. "We, the Romanians, are participating in the allied presence in Poland, as Poland, Romania's strategic partner, participates in the multinational brigade. This crossed presence — Romania in the northern part of the eastern flank, the Poles in the ...

Iohannis: Advanced presence on Eastern Flank must be reinforced, especially in Black Sea

Tuesday, October 10, 2017


President Klaus Iohannis stated on Monday that the advanced presence on NATO's Eastern Flank must be reinforced. "The advanced presence on the eastern Flank must be reinforced, especially in the south, at the Black Sea, in all its dimensions. The current differences between the measures taken for the north of the Flank and the ones for the south must also disappear, shaping an advanced, persistent and predictable sole presence," the head of the state ...

Reuters: Romanian PM says he is considering government reshuffle

Tuesday, October 10, 2017

* While the Social Democrat Party (PSD) and its leaders claim there are no tensions between the party and the Government and the premier, PM Mihai Tudose took a step forward and somehow contradicted what the ruling party leaders say. Romanian Prime Minister Mihai Tudose said on Monday that corruption allegations surrounding three ministers had created problems for the country and his Social Democrat government, adding he was considering a ...

S&P affirms Romania at BBB-/A-3 with stable outlook

Tuesday, October 10, 2017


 Standard & Poor's maintained Romania's rating at BBB-/A-3, with a stable outlook, and said that the country's budget and trade deficits will widen due to the consumption-focused growth, seenews.com informs. "Romania's procyclical budgetary stance is amplifying wage pressures in an already overheating economy. While wage convergence is desirable, pay increases that significantly outpace underlying productivity have historically led to ...

Euro trades at 4.5780 lei on Monday

Tuesday, October 10, 2017

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

The 3-month ROBOR index opens week at 1.79pc, the 6-month ROBOR up to 1.91pc

Tuesday, October 10, 2017

The 3-month ROBOR index has increased on Monday to 1.79% against 1.78% last Friday, the National Bank of Romania (BNR) informs, quoted by romaniajournal.ro. The 6-month ROBOR index has hiked to 1.91%, up from 1.87% on October 6. Central bank Governor Mugur Isarescu said last Tuesday the ROBOR increase lately was caused, among others, by the lack of liquidity on the market and by the unexpected high collection rate by the tax ...

Unemployment rate was 4.18pct in August

Tuesday, October 10, 2017

The national unemployment rate was 4.18pct in August, similar to the previous month and down 0.62 percentage points (pp) from August 2016, informs the National Employment Agency. Of the 366,497 persons registered with territorial employment agencies, 69,177 received unemployment benefits. Compared with the previous month, men's unemployment rate dropped from 4.49pct in July 2017 to 4.47pct, and women's unemployment rate fell from 3.81pct to ...


Tuesday, October 10, 2017


In  August  2017, the  average  gross  nominal  earnings  were  3290  lei,  by  1.2%  lower  than  the  one registered in July 2017. The average net nominal earnings were 2364 lei, decreasing as against the previous month with 27 ...

National day of Romanian agri-food products to be held on Tuesday, Oct 10

Tuesday, October 10, 2017


The national day of Romanian agri-food products will be celebrated for the first time on October 10. In Bucharest, the day will be celebrated at a Bucharest fair that will attract over 100 local producers from several regions in Romania, business-review.eu informs. According to a statement by the Ministry of Agriculture and Rural Development (MADR), the celebration is part of a campaign that aims to promote Romanian products made in the country from ...

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