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BCR Study : The effects of the pandemic outbreak on businesses and the challenges faced by SMEs

Thursday, April 15, 2021

Banca Comercial? Roman? (BCR) presented the results of a study dedicated to the IMM Invest programme, which exposes the effects of the pandemic outbreak on businesses and the challenges faced by SMEs, as well as the impact of accessing working capital and investment loans. The study was carried out with ...

New orders in the processing industry up 2.8% in first two months of 2021

Thursday, April 15, 2021

 New orders in the processing industry increased in nominal terms by 2.8% in the first two months of this year compared to the similar period in 2020, informs the National Institute of Statistics (INS).Thus, the new orders in the processing industry in the period January 1 - February 28, 2021, compared to the period January 1 - February 29, 2020, increased overall by 2.8% due to increases in the durable goods industry (+ 24.4%) and in the intermediate ...

Industry turnover down 0.5pct in Jan-Feb

Thursday, April 15, 2021

 The total industry turnover (domestic and foreign markets) decreased by 0.5pct, in nominal terms, between January 1 and February 28, 2021, compared to the same period in 2020, shows data released on Wednesday by the National Institute of Statistics (INS).INS mentions that this evolution took place as a result of the decrease recorded in the manufacturing industry (-0.6pct). The extractive industry increased by 2.1pct.By major industrial ...

International art exhibition dedicated to Balkan region - on April 22 at Romanian Peasant Museum

Thursday, April 15, 2021

An international exhibition of paintings, icons, photography, tapestry and jewelry dedicated to the Balkan region will be inaugurated on April 22, at 3.00 pm, at the Aquarium Hall of the National Museum of the Romanian Peasant.According to a press release of this cultural institution, Adina Moldova Titrea, curator of the exhibition, and art critic Marius Tita, will speak at the opening.Called "Balkan Interfaces," the exhibition brings together 42 ...

Bucharest City not to lock down for Easter

Wednesday, April 14, 2021

Health Minister Vlad Voiculescu says that Bucharest City will not get locked down for Easter, adding that "only the criteria that can lead to a recommendation for the lockdown of a settlement locality have been clarified/updated.""Bucharest will NOT lock down for Easter. The new criteria for locking down settlements have been published. We do not live in a new reality; only the criteria that can lead to a recommendation for the lockdown of a settlement ...

PM Citu: 115,000 persons get immunised daily: vaccination is the only way to escape pandemic

Wednesday, April 14, 2021

 Prime Minister Florin Citu pointed out that starting on Tuesday the vaccination capacity reaches 115,000 persons per day at the national level and he urged Romanians again to get immunised, as vaccination is the only way to escape the pandemic."Great news for the Romanians! We did what we had promised. Today the vaccination capacity has reached 115,000 persons per day. I urge you all to get vaccinated. This is the only way to escape the pandemic. We ...

First lot of Johnson&Johnson anti-COVID vaccines touch down in Romania on Wednesday

Wednesday, April 14, 2021

The first lot of vaccines produced by Johnson&Johnson will enter Romania on Wednesday, announced the Secretary of State in the Ministry of Health Andrei Baciu, Vice-President of the National Committee for the Coordination of Immunization Activities against SARS-CoV-2."Tomorrow, the first lot of vaccines produced by Johnson&Johnson, 60,000 doses, will enter the country and will be on April 15 at the Cantacuzino Institute. We're talking about the first ...

GCS: 3,883 new cases of infection with SARS-CoV-2 in the past 24hrs

Wednesday, April 14, 2021

A number of 3,883 new cases of people infected with SARS-CoV-2 have been recorded in the last 24 hours, being performed over 35,000 tests, the Strategic Communication Group (GCS) informed on Tuesday.These are cases that have not previously had a positive test, the same source states.As of Monday, 1,012,373 cases of people infected with the novel coronavirus have been confirmed in Romania.915,464 patients were declared cured, GCS ...

Prosecutor's Office attached to Bucharest Court takes over investigation in "Victor Babes" tragedy

Wednesday, April 14, 2021

 The Prosecutor's Office attached to the Bucharest Court has taken over from the Prosecutor's Office of the District 3 Court the investigation in the case of the death of the three patients at the "Victor Babes" Institute, opening a criminal investigation for the crime of culpable homicide.According to some representatives of the Prosecutor's Office, seven people were heard on Monday night, including the hospital manager and technical ...

Israel will allow access to vaccinated Romanians as of May 23 if it signs accord with Romanian government

Wednesday, April 14, 2021

Israeli authorities announced they have reached collective immunization, following massive vaccinations and will allow access as of May 23 for vaccinated Romanian tourists if the two governments sign an accord in that respect, according to a Travel Communication press release.   The news was released on Tuesday in a joint statement of the Israeli minister of tourism, Orit Farkash-Hacohen and of the health ...

Plenary sitting of Parliament on April 21 to vote on activity reports of national radio, television stations

Wednesday, April 14, 2021

Parliament is set to hold a plenary sitting on April 21 to debate and vote on the activity reports of the National Television Broadcasting Company and National Radio Broadcasting Company for 2007, 2018 and 2019, the joint standing bureaus have decided on Tuesday. Then the de facto leadership will be released from office, the CA dissolving and then the Parliament has the prerogative to appoint interims.The activity reports of the National Television ...

Senate: its YouTube channel shut down because of Diana Sosoaca's anti-mask messages

Wednesday, April 14, 2021

Chair of the Senate's Law Committee, Liberal Iulia Scantei, declared on Tuesday that the YouTube channel administration has warned the Parliament's Upper House that they will take down the page of the institution if messages undercutting the mask mandate continue, a first step being the deletion of this kind of video clips posted by controversial Senator Diana Sosoaca."The Senate's YouTube page was taken down because of certain video recordings with remarks ...

Annual inflation rate fell to 3.1pct in March

Wednesday, April 14, 2021

The annual inflation rate fell to 3.1% in March this year, from 3.2% in February, given that non-food goods rose by 4.37 %, food goods by 1.59%, and services by 2.21%, according to data released Tuesday by the National Institute of Statistics (INS)."Consumer prices in March 2021 compared to March 2020 increased by 3.1%. The annual rate calculated on the basis of the Harmonized Index of Consumer Prices (HICP) is 2.5%. The average rate of consumer prices in ...

Current account deficit, up over 277% in first two months of 2021

Wednesday, April 14, 2021

 The current account deficit of the balance of payments increased by 277.49% in the first two months of this year, to 1.627 billion euros, compared to the same period in 2020, of 431 million euros, according to a release of the National Bank of Romania (BNR).According to the BNR, in the structure, the balance of goods recorded a higher deficit by 485 million euros, the balance of services registered a larger surplus by 265 million euros, the balance of ...

FDI  declines more than 16pct, Jan.-Feb. 2021

Wednesday, April 14, 2021

Foreign direct investment (FDI) in Romania decreased by 16.23% in the first two months of 2021, to 578 million euros, as against 690 million euros in the same period of 2020, according to data with the National Bank of Romania released on Tuesday."Non-residents' direct investment in Romania totalled 578 million euros (compared with 690 million euros in January - February 2020), of which equity (including the estimated net reinvestment of earnings) and ...

Analysis: 60,000 Romanian companies at survival limit

Wednesday, April 14, 2021

The early restructuring of businesses with problems may save over 500,000 jobs, according to an analysis made by Sierra Quadrant, which shows that 60,000 Romanian companies are at the survival limit, at present.   According to Sierra Quadrant, many of these companies have the chance to be saved from bankruptcy, and the new law of insolvency prevention, which entered the legislative cycle, will help ...

BestJobs: Freelancer recruiting market in Romania will grow by over 40% in 2021

Wednesday, April 14, 2021

Representatives of BestJobs recruiting website estimate an increase of over 40% of the recruiting market in freelance system until the end of the year, in conditions in which the pandemic radically changed the labor market and accelerated the development of recruiting for jobs with determined period, fit for freelancers.   “Since the pandemic, more Romanian employees have considered the possibility ...

World Vision Romania: 37pct of vulnerable families in Romania's countryside fail to buy all their food

Wednesday, April 14, 2021

More than a third (37%) of Romanian parents in vulnerable rural communities failed to provide food for their families or bought it only partially, according to data collected from poor communities in 2020 in full swing of the COVID-19 pandemic by World Vision Romania.According to the organisation, 41% of the respondents were forced to adopt strategies to reduce family expenses, and one of the main causes was that many of the parents in rural areas (27%) were ...

Industrial production declines 2.3pct, Jan.-Feb. 2021

Wednesday, April 14, 2021

- In February 2021, industrial production increased by 3.7% as gross series compared to the previous month and dropped 1.0% as series adjusted by number of working days and seasonality. - Compared to the same month of the previous year, industrial production fell by 3.1% as gross series and was down 2.6% as series adjusted by number of working days and seasonality. - In the ...

Border police use gun to catch cigarette smugglers at Romania's border with Moldova

Wednesday, April 14, 2021

  Local border police in Botosani used guns on a mission to catch cigarette smugglers at Santa Mare, at Romania's border with Moldova, the spokesperson for the Botosani Border Police (STPF) reported on Tuesday.Border guards on the Romanian side and STPF Botosani officers noticed, with the aid of a thermal imaging device, four people loading bulky packages in a car.At the sight of the border police, the smugglers fled into Moldova by ...

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