November 21, 2017

EC wants to replace fossil fuel imports with wind energy industry

The European Commission opened the debate on EU energy and climate policy after 2020, offering the energy industry the prospect of the long-term clarity and stability needed for large, long-term investments. The … [Read more...]

Romanian HoneyWood to make EUR 2 mln out of selling prefabricated wood houses this year

A wood prefabricated house can be lifted from the ground in up to three days. Also it is cheaper to build, environmentally friendly and has reduced costs with energy of up to 75 percent, says HoneyWood, … [Read more...]

Uvertura Mall opens in Botosani

The first mall to be opened in Romania this year was inaugurated in Botosani, eastern Romania, after an investment of EUR 27 million. Uvertura Mall is owned by Romanian businessman Danut Prisecariu and … [Read more...]

The Government established the National Office for Gambling

The government's press office informed that the National Office for Gambling was set up under a Government Urgency Ordinance. The Ministry of Public Finance proposed the establishment of the office, which … [Read more...]

SMG to provide communication and information services to NATO, through national military system – MApN

Lieutenant General Stefan Danila, Chief of General Staff, during a meeting at the Ministry of National Defense (MApN), with the Commander of NATO Communications and Information Systems (NCISG), Major General … [Read more...]

Mugur Isarescu assures that the Cyprus situation will not happen in Romania

On Thursday, the National Bank of Romania (BNR) Governor Isarescu gave assurances that what happens in Cyprus will not happen in Romania. “There are no similarities between the situation in Cyprus and … [Read more...]

Cyprus banks reopen

Banks in Cyprus reopened after a two-week closure amid EU-IMF bailout talks, with orderly queues for cash and strict limits on daily withdrawals. The BBC News informs that branches were replenished with … [Read more...]

Monetary policy rate at 5.25 %, the highest in the EU – BNR

According to a press release, yesterday, the Board of the National Bank of Romania (BNR) decided to keep the monetary policy rate unchanged at 5.25 % per annum. This is the highest rate in the EU, after … [Read more...]

Michelin Greek subsidiary will transfer operations to Romania

On Wednesday, French tire maker Michelin announced that its Greek subsidiary was closing down following 34 years of operation. In a statement forwarded to the company’s local associates, the company … [Read more...]

Limited number of tickets for the “On Air Music Awards”

The Eventim network is distributing a limited number of tickets for the On Air Music Awards, the local showbiz’s most exclusive gala. The On Air Music Awards will take place on April 15 at the National … [Read more...]

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