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EY: 31% Of Romanian Companies Say Business Environment Is Affected By Corruption

15:03, 05 Apr. 2017

According to EY EMEIA Fraud Survey, 51% of respondents across Europe, the Middle East, India and Africa (EMEIA), still perceive that corrupt practices happen widely in business in their country despite sporadic progress in tackling bribery and corruption.

Colliers: Romanian Retail Space Market To Grow By 180,000 Sqm In 2017

14:16, 05 Apr. 2017

Retail space market will increase by 180,000 square meters in Romania in 2017, while most of the projects will be strip mall-type projects that will be delivered in secondary and tertiary cities, such as Prima Shops Oradea, according to real estate consulting company Colliers International.

Eurostat: Romania Retail Trade Posts Fourth Highest Growth In EU In February

16:59, 04 Apr. 2017

Romania posted the fourth highest annual growth in retail trade in the European Union in February 2017, of 7.5%, overtaken by Slovenia (16.8%) and Luxembourg (12.9%), Eurostat data showed Tuesday.

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.