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Forest Workers' Association in Romania and the Romanian Commodity Exchange set up Wood Exchange
Wednesday, October 20, 2021
The Forest Workers' Association of Romania (ASFOR) and the Romanian Commodity Exchange (BRM) concluded a Memorandum for creating a platform for wood sales called Wood Exchange. “Such a platform will ensure transparent, efficient, competitive transactions. Data on markets administered by BRM are public and observing ethical norms are assumed by exchange regulations,”BRM ...
CCIR proposes Japanese investors to use Port of Constanta for trade with Europe and Romania
Wednesday, October 20, 2021
The Port of Constanta can become an important storage and transit point for goods brought from Japan to Europe and Romania, the president of the Chamber of Commerce and Industry (CCIR), Mihai Daraban, told the ambassador of Japan, Hiroshi Ueda, on Monday, according to a statement issued by CCIR on Tuesday."It is very important for the Romanian business environment not to limit itself to traditional markets, such as the European Union, and to try to access ...
Study: Faced with decade's worst financial gridlock, 100,000-plus businesses at risk of shutting down
Wednesday, October 20, 2021
More than 100,000 Romanian companies are currently at risk of shutting down amid significant increases in operating costs, worsening financial bottlenecks, increasingly difficult access to finance and growing mistrust in business relationships, warns Sierra Quadrant in a survey.Rising fuel prices and spiralling energy and gas tariffs have further exacerbated financial problems, primarily among low-capitalized SMEs, which are particularly vulnerable to the ...
Study: Facebook remains the favorite platform of Romanians
Wednesday, October 20, 2021
In the last year, the need for connection and information has increased, according to the New Media Adoption study, carried out by the media agency Spark Foundry, a member of Publicis Groupe Romania. Compared to previous years, Romanians used the online to a greater extent: they were more present on platforms (53%) and social networks (48%) and made more payments (55%) and online shopping (52%). At the same time, the restrictions and limitations of this period determined them ...
Achievements of aeronautical industry in Romania, presented at Expo 2020 Dubai
Wednesday, October 20, 2021
The Employers' Organization in the Romanian Aeronautical Industry (OPIAR) presented investors from the Emirates the most important achievements of the Romanian aeronautical industry within the economic Forum "Aeronautics, Creating New Horizons Through Innovation", which takes place in Romania's Pavilion at the Expo 2020 Dubai.The following people have attended the forum: the secretary of state in the Ministry of Economy, Daniela Nicolescu, a delegation led ...
Ciolos Cabinet members to be heard Tuesday, voted on in plenary session Wednesday
Tuesday, October 19, 2021
At a joint meeting on Monday, the standing bureaus of the Senate and the Chamber of Deputies decided that the ministers picked by Prime Minister-designate Dacian Ciolos will be heard on Tuesday by the specialist committees, while on Wednesday Parliament will vote on the entire cabinet at a plenary sitting scheduled for 10:00hrs."We have approved the schedule for Tuesday and Wednesday that includes hearings of the ministers picked for the ...
PSD’Ciolacu: 'Government draft' proposed by Ciolos has 'zero chances' of passing Parliament
Tuesday, October 19, 2021
The Social Democratic Party (PSD) chair, Marcel Ciolacu, states that Dacian Ciolos' "ambition" to propose a "draft Government with zero chances of passing Parliament" means "a week lost.""A week lost = 2,000 dead: that's what Ciolos' ambition to propose a draft Government with zero chances of passing Parliament! When you speak of responsibility, but propose for [Ioana] Mihaila for Healthcare out of all people, the one who admitted her major failure in ...
Florin Roman is taking over position of interim speaker of Chamber of Deputies
Tuesday, October 19, 2021
National Party (PNL) deputy Florin Roman announced on Monday that he is taking over the position of interim speaker of the Chamber of Deputies for a period of two weeks, after the Standing Bureau of the legislative forum took a decision in this regard.He said the discussion in the Permanent Bureau was "collegial"."There was also a discussion about a rotating leadership for this period of somewhat instability at the level of the Chamber of ...
Poland, Slovenia say willing to help Romania with COVID-19 pandemic
Tuesday, October 19, 2021
Romania's President Klaus Iohannis attended a videoconference meeting on Monday with European Council President Charles Michel, his Lithuanian counterpart and the prime ministers of Poland, Slovakia and Slovenia in preparation of the European Council meeting scheduled for Thursday and Friday in Brussels.The main items on the agenda of the European Council meeting are European coordination amidst the ongoing COVID-19 pandemic, the EU's digital agenda, rising ...
CNSU approves R. Moldova's medical assistance offer for treating COVID-19 patients
Tuesday, October 19, 2021
The National Committee for Emergency Situations (CNSU) approved, on Monday, by a decision, the offer of international medical assistance through which the Republic of Moldova provides a medical team to support hospital units in Romania to treat COVID-19 patients.The Republic of Moldova will provide doctors, nurses and SMURD crews.According to the CNSU decision no. 89/2021, the medical crews and equipment, as well as the establishment of the ...
ForMin Aurescu: I will ask European institutions to solve the gas crisis in Moldova
Tuesday, October 19, 2021
The interim Minister of Foreign Affairs, Bogdan Aurescu, on Monday announced that he will inform the heads of European diplomacies, who are meeting in Luxembourg, about the natural gas crisis in the Republic of Moldova, and he will ask them to help Chisinau with this situation."I will inform my colleagues about the crisis in the Republic of Moldova related to the supply of natural gas. This is a critical moment for the government in Chisinau. And this ...
DefMin Ciuca: Black Sea region very important player in recent strategic decisions and actions
Tuesday, October 19, 2021
Romania is in a region that represents "a centre of gravity" when it comes to the recent strategic decisions and actions, the interim Minister of Defence, Nicolae Ciuca, said on Monday, at the launch of the Romanian Security Barometer, the October 2021 edition, conducted by the Institute of Political Sciences and International Relations "Ion I.C. Bratianu.""We are in a region that, in my view, is like a centre of gravity when it comes to strategic decisions ...
US Secretary of Defence Lloyd Austin, on a visit to Romania, on Wednesday
Tuesday, October 19, 2021
U.S. Secretary of Defense Lloyd Austin will be present in Romania on Wednesday, on which occasion he will talk about Romania's role within NATO and the Black Sea region, acting Defense Minister Nicolae Ciuca said on Monday.Gral Ciuca recalled the roadmap for the next ten years signed by the Governments of Romania and the United States in 2020, adding that "All these topics that we will have on the agenda of the meeting will illustrate the role that our ...
Senate: GEO No. 118/2021, modified; higher subsidies for household consumers to cover energy bills
Tuesday, October 19, 2021
The Senate adopted on Monday, in plenary sitting, with modifications, Government Emergency Ordinance (GEO) No. 118/2021, which increases the subsidies for the household consumers to help them cover the price of electricity and natural gas, between November 1, 2021 - March 31, 2022.As the first notified Legislative Chamber, the Senate voted unanimously, with 129 votes "for," in favour of the ordinance.Vulnerable consumers of electricity and ...
Government debt surpasses 550 billion lei, at end of August, representing 49.7% of GDP
Tuesday, October 19, 2021
The debt of public administration (governmental debt) has gone up, at the end of the first 8 months of 2021, to 550.34 billion lei, from 545.337 billion lei, after the first 7 months, according to the centralized data from the Ministry of Finance.Related to the GDP (Gross Domestic Product), Government debt has gone up to 49.7% at the end of August, from 49.3% of the GDP at the end of July.Medium and long term debt situated at 530.865 billion lei ...
4,882,192 pensioners, at the end of June ; 95,13% were pensioners of state social insurance
Tuesday, October 19, 2021
The total number of pensioners in the public system of pensions was, at the end of June 2021 4,882,192 people, dropping by 61, 268 people against the corresponding period of 2020 and by 28,711 people against the end of December 2020, according to the statistics of the ministry of work and social protection.Out of the total, 95.13% were pensioners of state social insurance (4,652,346 people) and ...
Wholesale turnover value goes up by 14.7%, during first 7 months
Tuesday, October 19, 2021
Wholesale has registered overall, during the first 7 months of this year, a turnover that is higher by 17.4% from the similar interval of 2020, due to the activity of specialized commerce of other products (22.4%) and consumer goods, other than food items (21.9%), according to the data published by the National Institute of Statistics on Monday.During the period of January 1 - July 31, 2021, there were also positive results registered in wholesale for raw ...
Turnover of market services to enterprises advances 17.3 pct over Jan - Aug 2021
Tuesday, October 19, 2021
The turnover of market services rendered mainly to enterprises in Romania over January - August 2021 was 17.3 percent up in unadjusted terms compared to the same period of 2020, as a result of growth in computing and IT services (+24.5 pct), the production of cinema, video and television programs; program broadcasting and transmission (+23.4 pct), transport services (+20.0 pct), other services provided mainly to enterprises (+15.4 pct), communications (+6.5 pct), shows ...
Opinion poll: Most Romanians inform themselves from TV, nearly half believe TV stations are exposed to misinformation
Tuesday, October 19, 2021
Over half of Romanians are used to inform themselves most often from TV, and nearly half of them believe TV stations are the most exposed to misinformation and spreading of fake news, according to a poll conducted by INSCOP Research in partnership with Verifield, upon demand from the Strategic Thinking Group think-tank.Asked where they get their information most often, 53.1 pct of Romanians indicated TV channels, 21 pct - social media, 15.5 pct - newspapers, ...
Prime minister-designate to submit governing program and Cabinet list to Parliament on Monday
Monday, October 18, 2021
Prime minister-designate Dacian Ciolos will submit to Parliament on Monday the governing program and the Cabinet list."The National Bureau of the Save Romania Union (USR) met on Friday at the request of Prime Minister-designate Dacian Ciolos and set a calendar for the following days: Saturday - completion of the governing program; Sunday - National Bureau and Political Committee meeting to approve the program and the list of ministers; Monday ...