about us | newsletter | contact | archive | members area
BVBs CHAIRMAN LUCIAN ANGHEL
It took us four years to get into the Watch list of the FTSE Russell, and the upgrade wo»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |
PM Grindeanu: We believe European funds to be engine for economic growth

Prime Minister Sorin Grindeanu said that European funds are seen as an engine for economic growth, pointing out that he wants things to get unblocked in this area, according to Agerpres.

European Commissioner Cretu: EU funds absorption rate in Romania will exceed 90 percent on 2007-2013 period

European Commissioner for Regional Policy Corina Cretu said that in Romania the absorption rate for the funds allotted for the 2007-2013 period will exceed 90 per cent and that invoices correspo...

Ministry of Environment: We want to double, to 10,000 Euro, state bonus for electric car acquisition

Environment Minister Daniel Constantin declared in central Sibiu, that this year the bonus for the 'Scrappage Plus' programme will be doubled compared to the 2016, so whoever wants to buy an ele...

The government approved the General Masterplan for transport

The government approved in the meeting on Wednesday the General masterplan for transport of Romania, announced Minister of Transport Sorin Buse

Romania, tenth in Europe for cheapest plane tickets

The price of an airplane ticket in Romania is an average 12 USD for every 100 km, two times more than in Portugal, but half the cost of tickets in Belgium or Denmark, according to a study made b...

The first automated bike sharing stations launched in Bucharest

The first automated I′Velo Urban bike-sharing stations have been launched in Bucharest by Green Revolution association. Even the bike-sharing service is not new in Bucharest, the novel...

OMV Petrom opens its first station for charging electric cars in Romania

The largest oil and gas company in Romania OMV Petrom will open this week, in partnership with energy company Electrica, the first fast-charging station for electric cars, a press release shows....

The subway’s segment to Otopeni airport, submited to cityhall’s council

The city planning approval (PUZ) for the subway’s segment linking 1 Mai station to Otopeni, part of the Bucharest’s sixth route has been submitted recently to the councilors of Bucharest may...

PM Ciolos: Pitesti-Sibiu highway should be done by 2021

Romanian Prime Minister, Dacian Ciolos, has announced that the Pitesti-Sibiu highway will be finalized in 2021, if things go according to plan, Agerpres reads.

CCIFER: Infrastructure is essential indicator of economy's competitiveness

The representatives of French companies in Romania have recently launched the "White Paper of Construction", through which foreign investors get informed about the state of infrastructure of a c...

BCR assigned more than five billion RON in loans for infrastructure between 2005-2015

The Romanian Commercial Bank (BCR) controlled by Austrian Erste Group, announced it exceeded the amount of five billion RON worth of loans for infrastructure projects developed by local public a...

The General Masterplan for transport includes 6,800 km of road

The government approved in the meeting on Wednesday the General masterplan for transport of Romania, the Minister officials announced recently.

CFR Infrastructure CEO: We want public-private partnership to rehabilitate Constanta-Mangalia route

Romanian authorities want a public-private partnership with funds of Juncker Plan to modernize the Constanta - Mangalia rail route. Investments are estimated at 160 million Euro, according to Ma...

Alstom to provide Amtrak with its new generation of high-speed train

Alstom to provide Amtrak with its new generation of high-speed train Alstom and Amtrak announced today that they have signed a contract for Alstom to design and build 28 new high-speed trains, ...

More on News
Iohannis: I explained to EU leaders multi-speed Europe is not a good solution, could end in split-up

President Klaus Iohannis, speaking after the European Council's meeting, said that he explained to EU leaders that a multi-speed Europe is not a good solution and that in extremis it might end i...

BRUA pipeline to operate in 2020 when Exxon, Petrom will extract Black Sea gas

The works at the BRUA (Bulgaria - Romania - Hungary - Austria) pipeline will start at the end of 2017, and the gas pipeline will become operational in 2020, when ExxonMobil and OMV Petrom will c...

Ninety-seven per cent of household waste ends up in landfills, says ARBIO

As much as 97 per cent of Romania's household waste ends up in landfills, and Romania could be fined starting in 2020 about 500,000 Euro per day if it fails to bring the numbers to below 50 per ...

Net investment in national economy, down 3.3 per cent in 2016

Net investment carried out last year in Romania's national economy stood at 70.281 billion RON (15.6 billion Euro, declining 3.3 per cent from 2015, according to data released by the National In...

Romania has significant potential in agriculture, but low productivity, says PwC Romania

Romania is one of the European countries with the highest potential in agriculture with the sixth biggest agricultural use area in the EU, but it has a low productivity due to several factors, a...

Commercial property investments in Romania exceeded 850 million Euro last year, says DTZ

In 2016, the total volume invested in commercial property in Romania exceeded 850 million Euro, a DTZ Echinox report shows. Bucharest attracted 660 million Euro, which represents 77 per cent of ...

PM Grindeanu: We must back European project strengthening, not multi-speed Europe

Romania's consistent stance - whether expressed by the country's Presidency, government or Parliament - on the future of the EU in the Brexit context is to support the strengthening of the Europ...

PM Grindeanu in Brussels: Policies on cohesion funds, common agricultural policies important to Romania

The policies regarding the cohesion funds and the common agricultural policies are important to Romania, Prime Minister Sorin Grindeanu said in Brussels, in talks with several European leaders, ...

EU funds worth 90 million Euro to develop Romanian spa sector

The spas of Romania must be promoted as destinations of major interest for the citizens of all European countries, and the 90 million Euro allocation from the European Union for 2014 - 2020 coul...

Eurostat: Romania registers lowest pay gap between men and women in management positions

In each European Union member state, male managers in 2014 were paid more than women in management positions, but the lowest pay gap was registered in Romania, as data of the European Statistics...

ACUE pleads for gradual deregulation of natural gas purchase prices for population and CETs

The Federation of Associations of Energy Utility Companies (ACUE) fully supports the liberalization of the gas market in Romania only with the necessary elements to ensure it functions transpare...

Mol Group reached almost one billion USD profit in 2016

Mol Group announced its financial results for 2016 and the company delivered a clean CCS EBITDA of 2.15 billion USD, which is only moderately down compared with the previous year, a press releas...

advertising

advertising

advertising

advertising

Editorial

Daily Info
Ratio between pensioners and employees could double by 2032 as compared to 2014, pension fund manager says
The ratio between pensioners and employees could double by 2032 as compared to 2014, which will cause problems in covering the necessary pension payments by the employees for those who enter the public pension ...

Damages to electricity networks caused by severe weather conditions do not increase the distribution tariffs, says ACUE
Lately, Romania confronted with extreme, unpredictable meteorological phenomena that have caused major damages, in large areas, to electricity distribution networks.

Orbis turnover increased to 62 million Euro in Q1
The Orbis Hotel Group turnover increased by 4.4 million Euro in Q1 2017 up to 62 million Euro, a press release shows. Group's EBITDA in the first quarter totalled 8.9 million Euro, representing year-on-year i...

Deloitte Romania appoints Alexandru Reff as new country managing partner
Alexandru Reff has been appointed country managing partner Deloitte Romania and Moldova, effective June 1, 2017. He will succeed Ahmed Hassan, who takes on a regional leadership position.

Cushman & Wakefield Echinox expands its retail department with new appointment
Cushman & Wakefield Echinox consolidates its retail team by recruiting Dana Radoveneanu, a specialist with six years of experience of the local retail market, a press release shows.