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Bucharest companies had international trade operations of over 40 billion euros in 2024
Wednesday, January 15, 2025
Companies based in Bucharest had, in the first 8 months of 2024, international trade operations of 40.1 billion euros, representing 28% of Romania's foreign trade, ranking first at national level. According to a press release sent by Bucharest Chamber of Trade and Industry (CCIB), issued on Tuesday, based on statistic data announced by the National Statistic Institute (INS) about the evolution of ...
Six out of ten employees want to change their job in the next half of year
Wednesday, January 15, 2025
A share of 62% of employees in Romania intend to change their job in the next six months, according to a survey conducted by the online recruitment platform bestjobs.The main reasons behind these employees desire to change their job is a wish for a higher salary (48%), the lack of professional development opportunities at the current workplace (14%), uncertainties related to the company's future (13%) and the desire for a more flexible work schedule ...
Modernization of Romanian Naval Forces, strategic priority for MApN
Tuesday, January 14, 2025
The modernization of the Romanian Naval Forces is a strategic priority for the National Defence Ministry (MApN), taking into account the security challenges in the Black Sea region, which are amplified by the current geopolitical context, in which the war of aggression of the Russian Federation against Ukraine is entering its fourth year, Defence Minister Angel Tilvar said on Monday.He said in a post on Facebook that he met with the chairman of the Damen ...
Raytheon will provide an additional Patriot air defense system to Romania to replace the one transferred to Ukraine
Tuesday, January 14, 2025
At the beginning of January, the American company Raytheon announced that it had been awarded a new $946 million contract to supply Romania with a new Patriot air defense system, which will replace the one transferred to Ukraine as part of the military assistance provided by European allies since the start of the Russian invasion, https://www.zona-militar.com/ ...
Ukraine, Romania, Bulgaria align actions on international response to Black Sea fuel oil pollution
Tuesday, January 14, 2025
Ukraine, Romania, and Bulgaria have agreed on coordinated steps at the ministerial level to engage with international institutions regarding a large-scale ecological disaster in the Black Sea caused by fuel oil pollution. According to Ukrinform.net, this was reported by the press service of Ukraine’s Ministry of Environmental Protection and Natural Resources, citing Minister ...
AUR's Simion: We'll continue protests against 'train' ordinance and for free elections
Tuesday, January 14, 2025
Alliance for Romanians' Union (AUR - opposition) Chairman George Simion is asking for the convocation of an extraordinary parliamentary session and announces that protests against the "train" ordinance will continue next week, demanding free elections and the continuation of elections starting with the second round, "for the respect of democracy.""There has been no reaction from the government so far, no reaction from Klaus Iohannis. This means we will ...
Crin Antonescu to be only presidential candidate to be polled by PSD
Tuesday, January 14, 2025
Crin Antonescu will be the only candidate in the presidential election who will be included in the Social Democratic Party (PSD – ruling party) polls, the party's spokesman, Lucian Romacanu, said on Monday.He announced that a schedule was discussed at a meeting of the party's National Political Council (CPN)."On Thursday, the government decision for the schedule of elections - May 4 and 18 - will be issued, as established. The poll will be ...
Marcel Ciolacu: I would like us to come up with a territorial reorganisation project in this session
Tuesday, January 14, 2025
Social-democrat (PSD) President , Prime minister Marcel Ciolacu stated on Monday that he wanted a draft law on administrative-territorial reorganisation of Romania to be drafted in the parliamentary session to begin in February, and a group formed by party members has been established to work on this project. ' I put together a commission, the president of the Deputies' chamber with the future ...
Consolidated general budget arrears decrease 0.29% in November 2024
Tuesday, January 14, 2025
The arrears of the consolidated general budget decreased 0.29% in November 2024, compared to the previous month, reaching 595.5 million lei, down from 597.2 million lei in October, according to data published on the Ministry of Finance (MF) website. Arrears over 90 days increased 9.5%, from 166 million lei to 181.8 million lei, while arrears over 120 days decreased 3.14%, from 332 million lei in October 2024 to ...
Current account deficit increases to 26.301 billion euros after first 11 months of 2024
Tuesday, January 14, 2025
The current account of the balance of payments recorded a deficit of 26.301 billion euros between January and November 2024, compared to 19.770 billion euros in the first 11 months of 2023, according to the data that the National Bank of Romania (BNR) published on Monday.In its structure, the goods' balance recorded a larger deficit with 3.824 billion euros, the services' balance recorded a smaller surplus with 1.766 billion euros, the primary income balance ...
Direct investment by non-residents in Romania down to 5.852 bln EUR in the first 11 months
Tuesday, January 14, 2025
Direct investments in Romania by non-residents fell to 5.852 billion EUR in the first 11 months of last year, from 6.611 billion EUR in the period January-November 2023, according to data released by the National Bank of Romania (BNR) on Monday.Equity participations (including estimated reinvested profit) totaled a net 4.720 billion EUR, while intra-group loans registered a net 1.132 billion EUR.A total of 5,588 companies running on foreign ...
FinMin Barna: Financing demand to ensure 7% deficit is around 231 bn RON
Tuesday, January 14, 2025
Romania needs, in order to ensure a 7% deficit, a financing demand of about 231 billion RON, an amount that will be provided both from foreign markets and internal ones, the Minister of Finance, Tanczos Barna said on Monday."The financing demand to ensure a deficit of 7%, under conditions in which revenues increase with economic growth and with better collection, is somewhere around 230-231 billion RON, an amount that will be provided both ...
Romania's meat production decreases in November 2024, except for beef and goat meat
Tuesday, January 14, 2025
Romania's meat production decreased in November 2024 for all animal and poultry species compared to the previous month, except for sheep and goats, where there was an increase of 4.45%, according to data the National Institute of Statistics (INS) published on Monday.Thus, in November 2024, 312,000 pigs were slaughtered, a decrease of 9.03% compared to October 2024, when 343,000 pigs were slaughtered. Compared to the same period in 2023, the number of ...
Q3 2024 average monthly income 8,255 lei, average monthly expenses 7,012 lei/household
Tuesday, January 14, 2025
The average monthly total income in the third quarter of 2024 was, in nominal terms, 8,255 lei per household, representing 3,299 lei per person, an increase of 0.5% per household and 0.7% per person compared to the second quarter of 2024, according to a National Institute of Statistics (INS) press release.Compared to the third quarter of the previous year, both the total average monthly income per household and per person advanced 13.1%.The ...
Secretary Mayorkas and Secretary Blinken Announce Designation of Romania into the Visa Waiver Program
Monday, January 13, 2025
January 10, 2025 WASHINGTON – Today, Secretary of Homeland Security Alejandro N. Mayorkas, in consultation with Secretary of State Antony J. Blinken, designated Romania as a participating country in the Visa Waiver Program (VWP). The collaboration and information sharing at the core of the VWP will significantly enhance the security interests of the United States in addition to ...
Remarks by U.S. Ambassador Kathleen Kavalec at the Event Formalizing the Decision of the U.S. authorities regarding Romania's inclusion in the Visa Waiver Program
Monday, January 13, 2025
January 10, 2025 Mr. Prime Minister, Ministers, Members of Parliament, Distinguished Guests, It is my pleasure to announce that today, in Washington, Secretary of Homeland Security Alejandro Mayorkas formally ...
MEP Victor Negrescu questuined the European Commission regarding the ecological disasteer in the Black Sea
Monday, January 13, 2025
MEP Victor Negrescu, Vice President of the European Parliament and of the Social Democratic Party (PSD) stated that he questioned the European Commission regarding the devastating environmental effects in the Black Sea of the sinking of the two Russian oil tankers in the Kerch Strait, requesting the implementation of existing instruments at the disposal of Europe to protect the territorial waters of Romania and ...
Necessary legislation to organize presidential elections on May 4 and 18 to be adopted this week
Monday, January 13, 2025
Prime Minister Marcel Ciolacu said on Friday that the necessary legislation for organizing presidential elections on May 4 and 18 will be adopted this week by the Government."The most important fact is that we have a political agreement on the organization of the presidential elections - the first round on May 4, the second round on May 18. Naturally, there is a huge public expectation that these dates will be fixed. Now we are preparing the necessary ...
Reuters: Romanian protesters demand cancelled presidential election should go ahead
Monday, January 13, 2025
Tens of thousands of Romanians angered by the cancellation of a presidential election marched through Bucharest on Sunday to demand that the ballot should go ahead and that outgoing centrist President Klaus Iohannis should resign, www.reuters.com reports. In a move that polarised voters, Romania's top court ...
Indian ambassador in Bucharest, Manika Jain, on her first official visit to Brasov
Monday, January 13, 2025
The city of Brasov could host, in the future, meetings of delegations of local and Indian business people is one of the conclusions of talks between the mayor of Brasov and Indian ambassador in Bucharest Manika Jain.According to the Brasov City Hall, the Indian diplomat, who is on her first official visit to Brasov, was welcomed on Friday by Mayor George Scripcaru and Deputy Mayors Dan Ghita and Lucian Patrascu."Talks focused on ...