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Libra Internet Bank Posts Record Profit Of RON32.5M In 2016

16:56, 04 Apr. 2017
Libra Internet Bank reported a record net profit of RON32.5 million in 2016, while its net assets doubled in the last two years, to RON3.39 billion, the bank said in a statement Tuesday.

Eurostat: Romania Has More Than A Third Of Vineyard Holdings In EU

16:31, 04 Apr. 2017
Romania has more than a third of vineyard holdings in the European Union, namely 855,000 holdings, or 36% of EU total, but the average area per holding stood at only 0.2 hectares in 2015, according to Eurostat.

Romania Ranks First In The EU By Number Of Fast Internet Connections

15:16, 04 Apr. 2017
Mid-2016 statistics place Romania first in the European Union regarding the number of fast internet connections, of at least 100Mbps, Romania’s telecom market regulator ANCOM said in a statement on Tuesday.

BNR Exchange Reference Rates of April 4

13:15, 04 Apr. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Eurostat: Romania Registers One Of Lowest Unemployment Rates In The EU

18:47, 03 Apr. 2017
Romania registered one of the lowest unemployment rates, of 5.4%, in February 2017, with the Czech Republic seeing the lowest rate, of 3.4%, and Greece seeing the biggest rate, of 23.1%, according to a report released on Monday by Eurostat, the statistical office of the European Union.

Association: Pork Prices In Romania To Rise 15-30% Starting April

13:37, 03 Apr. 2017
Pork prices in Romania will rise, on average, by 15-30%, starting April, mainly due to an increase in pork exports to Asian countries, mainly to China, Japan and Hong Kong, in 2016, the Romanian Meat Association (ARC) said in a statement on Monday.

Arctic To Create Some 500 New Jobs In Romania

13:46, 31 Mart. 2017
Household appliance maker Arctic on Friday said it is expanding its activity in Romania with a new investment which will create some 500 new jobs.

BNR Exchange Reference Rates of March 31

13:07, 31 Mart. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

ANRE: Romania To Raise Household Gas Prices By 2% As Of April 1

18:49, 30 Mart. 2017
Romania’s energy watchdog ANRE approved Thursday the regulated prices for the 38 natural gas suppliers operating on the local market, while natural gas prices for household consumers will increase by 2% as of April 1.

Sapunaru, Agrointeligenta: Romanians Should Buy Products Made In Romania To Support Local Economy

16:30, 30 Mart. 2017
Romanians should buy products made in Romania to support the local economy, Nini Sapunaru, head of Agrointeligenta association, told a MEDIAFAX conference about Romanian producers in food industry on Thursday.

BNR Exchange Reference Rates of March 30

13:37, 30 Mart. 2017
Following is the Romanian National Bank exchange rate chart for the Romanian leu.

Michelin Group Invests EUR60M In Michelin Zalau Cord Plant NW Romania

11:16, 29 Mart. 2017
Michelin group will invest EUR60 million in the metallic cord plant Michelin Zalau Cord in Zalau town, northwestern Romania, thus creating 140 jobs and increasing production capacity by 50%, to 60,000 tons of metallic cord per year by 2019, the company said in a statement Wednesday.

Study: Romania Ranks Last In EU By Share Of Online Shoppers In Internet Users

19:24, 27 Mart. 2017
Only two in ten internet users in Romania (18%) shopped online in 2016, the lowest share in the EU, while the average stands at 66%, according to the data from marketing agency Perceptum.

Romanian Smart Bill Posts Sales Of Over EUR1M In 2016

13:36, 23 Mart. 2017
Smart Bill, Romanian provider of billing and management accounting solutions, reported a turnover of over EUR1 million in 2016, one year after the investments from Catalyst Romania and Gecad Group.

Romanian Democrat Liberals Challenge Extended Referendum Schedule In Constitutional Court

17:03, 19 Iul. 2012
Romania's Democratic Liberal Party (PDL) on Thursday filed three challenges with the Constitutional Court against amendments to the ordinances on the referendum and on the duties of the Court, and against a law whereby a referendum's voting schedule is set through a government decision.

Romanian President Suspended By Parliament, Referendum on July 29

21:09, 06 Iul. 2012
Romanian President Traian Basescu has been suspended by Parliament with 258 votes in favor, more than the necessary 217 votes. A referendum on whether or not to impeach Basescu will be held on July 29.

Romanian Govt Changes Referendum Law To Impeach President With Majority Of Votes Cast

19:55, 05 Iul. 2012
Romania's Government has issued an emergency ordinance amending the referendum law to provide that the President may be impeached with the votes of the majority of participants in the ballot, people close to the matter told MEDIAFAX.

Romanian Degree Certification Council: PM Victor Ponta Plagiarized PhD Thesis

17:42, 29 Iun. 2012
Romania's National Council of Degree and Diploma Certification (CNATDCU) decided Friday that Prime Minister Victor Ponta plagiarized his PhD thesis, and asked the Education Ministry to withdraw his doctorate degree.

Romanian Democratic Liberal Party Leadership Resigns

21:10, 14 Iun. 2012
Romanian Democratic Liberal Party (PDL) president Emil Boc and the rest of the party's leadership resigned Thursday, and a meeting will be held Sunday to prepare an extraordinary national party convention.

Parliament: PM Will Represent Romania In European Council On June 28

19:48, 12 Iun. 2012
Romania's Parliament on Tuesday adopted a declaration by ruling alliance USL, which says the Prime Minister will represent Romania in the European Council on June 28.

Romania To Cooperate With Prince Charles To Promote Tourism In Carpathians

14:54, 01 Iun. 2012
Romania's Government will cooperate with the British Royal Family, specifically with Prince Charles' representatives, to promote tourism in the Carpathian Mountains, minister Eduard Hellvig announced Friday.

Romanian Court Bars Decision To Set Up Hungarian Teaching Division At Targu Mures University

16:18, 04 Mai 2012
The Romanian Government decision establishing a Hungarian teaching division in the University of Medicine in Targu Mures was suspended Friday by a ruling of the Targu Mures Court of Appeals, which admitted a request filed by the university's management.

Romanian Outgoing Govt Plans To Allot RON33M For Church Construction, Repairs

17:43, 02 Mai 2012
Romania's outgoing Cabinet wants to allot more than 33.6 million lei (EUR7.6 million) from the budget reserve fund to build and repair churches, arguing that they were damaged by last winter's snowfall.

Romania To Give Public Sector Day Off On April 30, 2012

13:12, 22 Apr. 2012
Romania's Government will declare April 30, 2012 a non-working day for the public sector, to be recouped in a Saturday in May, so that the May Day vacation might be longer, Prime Minister Mihai Razvan Ungureanu said Sunday.

Mediafax.Ro Now Available As iPad App

14:44, 19 Apr. 2012
Mediafax.ro, one of the top Romanian news websites, is now available as an iPad application, allowing more dynamic delivery of exclusive, quick and unbiased content to its readers, says a press release.

Code Yellow Storm Advisory For N, E Romania On Sunday-Monday

13:46, 06 Apr. 2012
Romanian meteorologists have issued a code yellow advisory for rain, sleet, snow and strong winds for 20 counties, valid starting Sunday at 6 p.m. until Monday at 3 p.m.

Romanian PM Ungureanu To Take Over Environment Ministry Temporarily

13:51, 05 Apr. 2012
Romanian Prime Minister Mihai Razvan Ungureanu has confirmed that Environment Minister Laszlo Borbely handed in his resignation Thursday, and announced he will take over the ministry in an acting capacity until a replacement is appointed.

Romanian PM Wants Parliament To Endorse Anticorruption Strategy

13:24, 20 Mart. 2012
Romanian Prime Minister Mihai Razvan Ungureanu will propose the signing by the Parliament of a political declaration on the application of the 2012-2015 National Anticorruption Strategy, which simplifies the procedure to lift MP immunity.

Romanian Health Ministry Proposes Changes To Prescription Drug List, Length Of Hospital Stay

18:29, 16 Mart. 2012
Romania's Health Ministry has put forward for public debate a draft Government decision, which restricts the prescription of three drugs, and a draft order changing the duration of hospitalization for all illnesses.

Romanian Govt Allots RON100M For Local Elections, One Third More Than In 2008 – Sources

18:05, 13 Mart. 2012
Romania's Government will allot around 100 million lei (EUR23 million) for the local elections this year, one third more than for the previous elections four years ago, people close to the matter told MEDIAFAX.

Romanian Court Annuls Conviction Of Businessman Dinel Staicu

16:11, 23 Feb. 2012
The Bucharest Court of Appeals has annulled the conviction of businessman Dinel Nutu, formerly known as Staicu, in the case of the fraud at the International Bank of Religions (BIR).

Romanian Opposition Supports Ratification Of EU Fiscal Stability Treaty

19:52, 20 Feb. 2012
The opposition Social-Liberal Union (USL) agrees that Romania should sign and ratify the European Union fiscal stability treaty, and its MPs will attend the related Parliament discussions, social democrat leader Victor Ponta said Monday.

Romania To Contribute EUR25.28M To NATO’s Allied Ground Surveillance System

14:01, 17 Feb. 2012
Romania will participate in NATO's Allied Ground Surveillance (AGS) system, along with 12 other member states, with a contribution of EUR25.28 million or 2% of the total cost, the Foreign Ministry informs.

Romanian Opposition Challenges Constitutionality Of New Cabinet’s Instatement

16:10, 16 Feb. 2012
Romania's opposition Social Democratic Party and Liberal Party on Thursday filed a notice with the Constitutional Court, arguing that the Ungureanu Cabinet has been endorsed by the Parliament without following procedure.

Romanian Lower House Adopts Articles Of Bill Protecting Victims Of Domestic Violence

17:56, 14 Feb. 2012
Romania's Chamber of Deputies on Tuesday adopted the articles of a bill amending the law against domestic violence, which says the victim may ask in court for a protection and restraining order against the aggressor.

Romanian Railway Operator CFR Has Until Yearend To Pay Debts Without Added Penalties

17:39, 10 Feb. 2012
Romanian state-owned railway operators owe energy suppliers 1.2 billion lei (EUR275.6 million), and the Government allotted RON400 million at the end of 2011 to pay overdue bills, former Transport Minister Anca Boagiu said Friday.

Romanian Fmr State Secretary Silviu Bian To Be Tried At Large For Corruption

19:05, 07 Feb. 2012
Romanian former state secretary Silviu Bian, indicted on charges of corruption last year, has been released from arrest and will be tried at large.

Romania Ex-Senator Sentenced To Five Years In Prison For Fraud

15:12, 07 Feb. 2012
Former social democrat senator Emilian Cutean has been sentenced to five years in prison by the Bucharest Court of Appeals for defrauding the government of over 200,000 lei (EUR45,998) during his term as head of the State Secretariat for the Problems of Revolutionaries (SSPR).

EC: Report On Romania’s Justice Progress To Be Adopted Wednesday

12:18, 07 Feb. 2012
The European Commission’s report under the Cooperation and Verification Mechanism (CVM) for Romania will be adopted Wednesday, EC spokesman Mark Gray told MEDIAFAX Monday.

Romanian President Nominates Mihai Razvan Ungureanu As New PM

20:25, 06 Feb. 2012
Mihai Razvan Ungureanu, head of the Foreign Intelligence Service (SIE), was nominated Monday evening by Romanian President Traian Basescu as the new prime minister, replacing Emil Boc.