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Celestica To Lay Off 450 Employees in Romanian Factory

11:11, 27 Feb. 2020
Canadian-held electronic components supplier Celestica, the owner of a plant in Bihor county, plans to lay off 451 of its 1,664 employees in Romania citing a 20% downsize in factory activity.

The first Romanian with coronavirus has been confirmed in Gorj county

02:11, 27 Feb. 2020
The first Romanian with coronavirus was confirmed by "Matei Balş" Institute in Bucharest on Wednesday. Secretary of state Nelu Tătaru confirmed to MEDIAFAX that this is a patient from Gorj county.

Iohannis: There is no reason for panic. I asked for additional border control measures

17:41, 26 Feb. 2020
President Klaus Iohannis has said, after the Supreme Council of the Country Defence (CSAT) meeting on coronavirus, that there is no cause for panic, stating, at the same time, that he asked for additional control measures at the entrance to the country, both in customs and in airports and ports.

Coronavirus: The Military Hospital in Bucharest, first medical unit of the country to be in quarantine

13:04, 26 Feb. 2020
The Military Hospital "Dr. Carol Davila" is the first medical unit in Romania to enter, on Wednesday, as a precaution, in quarantine, due to coronavirus, as the management of the centre prohibited access of visitors to the hospital sections, officials told MEDIAFAX.

PwC: Romanian M&A Market Grows 4% in 2019, to EUR5.2B

12:33, 26 Feb. 2020
The mergers and acquisitions market in Romania returned to growth in 2019, increasing 4%, to EUR5.2 billion, after a 9.6% decline in 2018, a study by PwC Romania and D&B David si Baias showed Wednesday.

Iohannis: In recent years, Romania’s judiciary, subjected to attempts of subordination to politics

12:30, 26 Feb. 2020
President Klaus Iohannis has stated on Wednesday, at the activity report of the Supreme Court, that, in recent years, the Romanian judiciary has been subjected to attempts of subordination to the politics and, "to these challenges, the response of the Romanian society" was "adequate".

Consultations schedule at Cotroceni: Iohannis talks with the parties about the next prime minister

12:21, 26 Feb. 2020
President Klaus Iohannis convened political parties for consultations on Wednesday. The PNL, PSD and USR delegations will be the first to discuss with the president about the appointment of a new prime minister.

Klaus Iohannis: Ludovic Orban has submitted his mandate this evening

19:19, 25 Feb. 2020
Romania's president, Klaus Iohannis, has said, on Tuesday evening, that Ludovic Orban has submitted his mandate as prime minister.

Nelu Tătaru, secretary of state in the Health Ministry, leads the Coronavirus Prevention Committee

17:44, 25 Feb. 2020
Nelu Tătaru, secretary of state at Health Ministry, heads the Coronavirus Prevention Committee, Horaţiu Moldovan announced on Tuesday. According to him, in case of confirmation of a coronavirus case, it will be communicated "simply, first of all on the website of the Health Ministry".

The Italian citizen suspected of coronavirus hospitalized in Sibiu has a favorable evolution

12:46, 25 Feb. 2020
The 30-year-old Italian citizen, who had arrived in Sibiu with an airline from Vienna and is hospitalized with fever, is in a stable condition, with a favorable evolution, the doctors of the Emergency Hospital Sibiu reported on Tuesday.

Iohannis: The Defence Ministry’s efforts should focus on strengthening NATO’s strategic profile

12:38, 25 Feb. 2020
The Defence Ministry will have to focus its efforts, in 2020, on strengthening Romania's strategic profile within NATO and the EU and speeding up the process of developing the army's operational capacity, president Klaus Iohannis said on Tuesday.

Romania Private Lending Grows 0.8% on Month in January

12:16, 25 Feb. 2020
Private lending in Romania grew 0.8% in nominal terms and 0.4% in real terms in January compared with December 2019, to RON269.646 billion, central bank data showed Tuesday. Local currency lending, which accounted for 67.3% of all private lending in Romania, increased 0.2% on the month in January but declined by 0.2% in real terms. […]

Romgaz Net Profit Grows 4.5% in 2019, to RON1.43B

10:18, 25 Feb. 2020
Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) on Tuesday said its consolidated turnover grew 1.5% on the year in 2019, to RON5.1 billion, and its net profit grew 4.5%, to RON1.43 billion.

European Commission Approves State Aid for Romania’s Tarom

13:50, 24 Feb. 2020
The European Commission said Monday it has approved Romania's plans to grant a temporary loan of approximately EUR36.7 million (around RON 176 million) to the state-owned flag carrier Tarom.

Marcel Ciolacu, about the PSD congress: In principle, it remains on February 29

12:34, 24 Feb. 2020
PSD's acting head Marcel Ciolacu has said on Monday that, in principle, the congress of the Social Democratic Party will be held on February 29, in case the situation in Romania will not worsen, due to coronavirus.

CFR Marfa To Undergo Restructuring, Sell Unprofitable Assets

12:21, 24 Feb. 2020
Romania's state-owned railway fright company CFR Marfa, which has debts of RON1.3 billion, is set to implement a restructuring program to streamline operations and sell unproductive assets under the supervision of insolvency practitioners CITR.

Children from Alba who went at the Venice Carnival, quarantined at home for 14 days

12:21, 24 Feb. 2020
The pupils and teachers from the "Regina Maria" High School of Arts in Alba Iulia, returning home from Venice on Sunday night, have been placed in quarantine at home. Their health will be checked periodically by teams of doctors.

Romanian Motorcycle Market Grows 43.2% in 2019

10:57, 24 Feb. 2020
The motorcycle market in Romania grew 43.2% in 2019 compared with 2018, to 2,177 units sold, data from the from the Automotive Manufacturers and Importers Association (APIA) showed Monday.

Sphera Franchise Group Sales Grow 24% in 2019, to RON955M

09:57, 24 Feb. 2020
Sphera Franchise Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands, said Monday its consolidated sales grew 23.8% on the year in 2019, to RON955 million (around EUR201 million).

Siegfried Mureşan: EC will provide 750 million euros to Romania for Jiu Valley and Oltenia region

19:39, 21 Feb. 2020
Romania is to receive 750 million euros from the European Commission to finance projects to ensure the transfer to a green economy in areas such as Oltenia or Jiu Valley, EU Parliament member Siegfried Mureşan has said on Friday.

Six Romanians from Diamond Princess ship arrive in the country on Saturday with a military plane

16:49, 21 Feb. 2020
Six Romanians aboard the Diamond Princess cruise ship, who have expressed their wish to return to the country, will arrive on Friday night in Berlin, from where they will be taken by a Ministry of Defence's aircraft and brought to Bucharest.

IAEA Concludes Operational Safety Review of Romania’s Nuclear Power Plant

15:38, 21 Feb. 2020
An International Atomic Energy Agency (IAEA) team of experts has completed a review of long term operational safety at the Cernavoda nuclear power plant in Romania at the request of plant operator Nuclearelectrica.

Electromagnetica Turnover Drops 12% in 2019, to RON256M

15:36, 21 Feb. 2020
Electromagnetica Bucuresti (ELMA.RO), which makes electrical equipment and produces electricity, posted a turnover of RON256 million in 2019, down 12% on the year, while its profit declined 6.9%, to RON4.4 million, it said in its preliminary earnings report Friday.

Romanian Government Authorizes Geotech Investigation in Offshore Midia Block

15:31, 21 Feb. 2020
Romania's interim economy minister Virgil Popescu issued a permit Friday allowing geotechnical investigation for the offshore Midia gas project developed by Black Sea Oil & Gas.

Iohannis, on the EU budget negotiations: The result is disappointing. There has been no progress

13:03, 21 Feb. 2020
President Klaus Iohannis has said in Brussels, on Friday, that the result is disappointing in the negotiations of the EU budget, indicating that no progress has been made. The head of state added in this regard that "at least one more summit" will be needed.

Klaus Iohannis, challenged by magistrates after signing decrees appointing chief prosecutors

12:44, 21 Feb. 2020
The Association "Iniţiaivă pentru Justiţie" ("Initiative for Justice") has announced will challenge president Klaus Iohannis' decision appointing chief prosecutors, stating that the CVM recommendations about appointments to the General Prosecutor's Office, DIICOT and DNA were not respected.

Iohannis sends condolences to the family of the Romanian person who died in the Hanau attack

12:35, 21 Feb. 2020
President Klaus Iohannis has sent condolences to the family of the young Romanian man who lost his life following the violent attack in Hanau, Germany.

Iohannis, about the EU budget: My ambition is to get enough money for cohesion, agriculture

18:10, 20 Feb. 2020
President Klaus Iohannis has said in Brussels, before the European Council meeting debating the EU budget for the next seven years, that his ambition is for Romania to receive sufficient money for cohesion, agriculture and to have a larger budget than the previous one.

Crucial decision in PSD. Ciolacu does not want persons with criminal problems on electoral lists

19:00, 19 Feb. 2020
PSD's acting leader Marcel Ciolacu has said on Wednesday, in the party's Executive Committee meeting, that he will not sign elections lists that contain members with criminal problems, according to participating political sources at the meeting.

Highlander Partners Buys Majority Stake in Romanian SanoVita

18:21, 19 Feb. 2020
US-based investment fund Highlander Partners said Wednesdafy it has acquired a majority stake in Romanian SanoVita, one of the most reputable and trusted food brands in Romania.

GFG Alliance Pledges to Invest EUR1B in Liberty Galati Steel Mill

16:11, 19 Feb. 2020
GFG Alliance plans to invest EUR1 billion in its Liberty Galati steel mill over the next ten years to significantly reduce carbon emissions and to boost production, targeting to transform the mill into a regional champion.

Dan Nica has requested EC’s support for mining regions affected by the Ecological Pact

14:20, 19 Feb. 2020
PSD's eurodeputies delegation's head Dan Nica has requested the support of the European Commission for carrying out sustainable projects for the mining and energy-intensive regions that will be affected by the European Ecological Pact, according to a press release from the party.

Telekom Romania Consolidated Revenue Up 5% in 2019, to EUR980M

13:11, 19 Feb. 2020
Telekom Romania posted consolidated revenues of EUR980 million in 2019, up 5% on the year, and its EBITDA also grew 5%, to EUR144 million, the company said in a statement.

The Senate rejects the emergency decree on early elections

12:46, 19 Feb. 2020
The senators on Wednesday have rejected the Government's emergency ordinance for organizing early elections. The rejection project will reach the Chamber of Deputies, which will play a decisive role.

Iohannis, emergency meeting with PNL’s leaders – sources

12:07, 19 Feb. 2020
President Klaus Iohannis has called PNL's leaders on Wednesday for a discussion at Vila Lac II complex. According to some liberal sources, the discussions will refer to the early elections and the emergency ordinance that provides the organizational details.

Foreign Ministry confirms infection with the coronavirus of a second Romanian on Diamond Princess

12:01, 19 Feb. 2020
The Ministry of Foreign Affairs (MAE) has confirmed on Wednesday that a second case of infection with the new coronavirus was confirmed at a Romanian citizen, a crew member on the Diamond Princess cruise ship.

Klaus Iohannis will attend the European Council meeting in Brussels on Thursday

13:47, 18 Feb. 2020
President Klaus Iohannis will attend the European Council meeting in Brussels on Thursday, the Presidential Administration announces. On the agenda of the discussions will be the Multiannual Financial Framework of the EU for 2021-2027, with the aim of reaching a consensus between the member states.

Liviu Dragnea’s request for release goes to the Supreme Court

13:37, 18 Feb. 2020
The judges at the Bucharest Tribunal have decided on Tuesday that the request for the release of Liviu Dragnea should be transferred to the High Court of Cassation and Justice. The Supreme Court has already rejected a similar request made by the former PSD leader'a lawyers.

Orange Romania Launches Currency Exchange Services in Orange Money App

13:07, 18 Feb. 2020
Telecom operator Orange Romania has added currency exchange services to its Orange Money app, allowing users to transfer money in 18 currencies at no extra charge.

Liviu Dragnea: I think that at this rate I will finish my jail term until the request is being judged

12:55, 18 Feb. 2020
Former PSD leader Liviu Dragnea has stated in the courtroom that his request is postponed for various reasons and that he will end his jail term until he wil have a ruling.