November 21, 2017

Romanian agri-food exports went up 68 % in first 7 months of 2011

According to data the Ministry of Agriculture and Rural Development (MADR), the value of Romania's agri-food exports to EU member states and states outside this area continues to surge, by posting an advance … [Read more...]

EC official: European fund absorption situation in Romania goes dramatic

European Commission representative Benoiu Nadler said that the situation of EU fund absorption by Romania is dramatic because, besides the risk of losing the money allocated for the near future, Romanian … [Read more...]

“Wild Carpathia” film will be translated in 20 languages and will be aired in 119 countries

The “Wild Carpathia” documentary is believed to be “the most beautiful film about Romania.” The film will be broadcast by Travel Channel in a four-episode serial, starting from October 30, at 8 … [Read more...]

Romania has to transpose EU norms in national law

A press release informs that yesterday the European Commission (EC) officially called on Germany and Romania to take the necessary measures to transpose EU norms for data storage into the national legislation … [Read more...]

AmCham Romania: investors chased away by limited access to authorities

Anca Harasim, executive director of the American Chamber of Commerce in Romania (AmCham), stated yesterday that the limited access to Romanian authorities pushes a number of foreign investors to choose … [Read more...]

Kinofest in Bucharest this weekend

The Kinofest International Digital Film Festival is at its fifth edition this year and takes place in Bucharest on October 28 to 30. The three venues hosting the screenings are Union Cinema, the Cultural … [Read more...]

Romanian Praktiker saw a 24.4% decline in sales in first three quarters

German DIY retailer Praktiker reported that it saw a 24.4 % decline of its sales in Romania in the first nine months of the year. The total decline reported was of EUR 116.1 million, according to the company’s … [Read more...]

Romanian President Traian Basescu: 3 % budgetary deficit would entail Romania borrowing RON 71.6 billion

Wednesday, Romanian President Traian Basescu said that if the 2012 deficit in its Budget were set a5 3 %, Romania would have to raise RON 71.6 billion from the local market. He voiced hope that he will … [Read more...]

The Constanta Port to build cooperation partnerships with Georgian ports Poti and Batumi

The port of Constanta will develop cooperation partnerships with Georgia's ports Poti and Batumi under a deal agreed by the Romanian Minister of Transport and Infrastructure, Anca Boagiu, and her Georgian … [Read more...]

Mugur Isarescu: The Central Bank can support the leu

On Wednesday, the National Bank of Romania (BNR) governor Mugur Isarescu reassured the ruling coalition leaders that the central bank has the necessary reserves to maintain the leu-Euro exchange rate balance, … [Read more...]

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