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World Bank estimates a 2.9% increase of Romanian economy this year

Wednesday, June 8, 2022

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Romanian economy will register a 2.9% increase this year according to the World Bank in the report “Global Economic Prospects”.   Estimates are better compared to the ones made in April in another report, when the international financial institution showed that Romania would have a modest increase of 1.9% this year.   Compared ...

Coface Romania: Crises were real market educators in Romania; companies are wiser

Wednesday, June 8, 2022

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The real market educators in Romania were crises, companies went through an education process and are wiser now, said Eugen Anicescu, country manager Coface Romania, at a press conference.   “Realistically speaking, I think the real educators of the Romanian market were crises. The year 2007 showed the picture of business in Romania, 2022 is showing a different business picture. You know we have ...

Average total monthly income was 5,683 lei per household in 2021

Wednesday, June 8, 2022

- In 2021, the total monthly average income*) was, in nominal terms, 5683 lei per household (2243 lei per person), increasing by 8.9%, respectively by 10.5% as compared to 2020. - In 2021, the total monthly average expenditure**) of the population was 4876 lei per household (1925 lei per person), accounting for 85.8% of the total, increasing by 2.0 percentage points compared to ...

Romania has not received any request from Russia regarding the flight of the aircraft carrying Sergey Lavrov

Tuesday, June 7, 2022

Government spokesman Dan Carbunaru said on Monday that, from the information held by the Executive, the Romanian Civil Aviation Authority did not receive any request from the Russian authorities regarding the flight of any aircraft to carry Sergey Lavrov, the Russian Foreign ...

MApN: Vasile Dincu, at meeting of Defence Ministers in Bucharest Nine (B9) format

Tuesday, June 7, 2022

Minister of National Defence Vasile Dincu participated on Monday in the meeting of the Ministers of Defence of the member states of the Bucharest Nine (B9) format, held in a video-conference system, informs the Ministry of National Defence (MApN).The event, co-organized by Poland and Romania, was attended by the Defence Ministers of Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania and the Slovak Republic under the B9 ...

Chief of Defence Staff: Currently, number of NATO military present in our country is over 5,000

Tuesday, June 7, 2022

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The number of NATO military present in our country is over 5,000, Chief of Defence Staff, General Daniel Petrescu, declared on Monday at the changing of the guard ceremony of the Headquarters Multinational Division South - East (HQ MND-SE)Brigadier General Cristian Dan, commander of HQ MND-SE between June 2020 and June 2022, handed over the command to Brigadier General Dorin Toma, Deputy Chief of Staff, Romanian Land Forces in April 2020.Petrescu ...

A joint meeting of the parliament of the republic of Moldova and Romania will take place in Kishinev

Tuesday, June 7, 2022

A joint meeting of the parliament of the Republic of Moldova and Romania will take place in Kishinev, announced on Monday the chairman of the parliament in Kishinev, Igor Grosu in a press conference held with the speaker of the Deputies’ chamber of the Romanian parliament, Ion-Marcel Ciolacu who is on a visit to Kishinev, says MOLDPRES.‘Today we have established to collaborate in ...

Grindeanu : I have discussed with the representatives of the Bulgarian government about the project Fast Danube

Tuesday, June 7, 2022

The minister of transports Sorin Grindeanu announced that he discussed on Monday with the representatives of the government of Bulgaria about the project Fast Danue ‘ a vital project for the European Union in the context of the conflict in Ukraine’.   ‘The Danube must be  navigable throughout the year to ensure the necessary flow of goods and raw materials to and from the European Union. Much of the ...

GLOBSEC Trends 2022. CEE amid the war in Ukraine

Tuesday, June 7, 2022

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The support for EU and NATO has increased slightly over the past year, and four out of five CEE respondents now want to be part of Western structures and perceive them as guarantors of security and territorial integrity, according to the report GLOBSEC Trends 2022 CEE amid the war in Ukraine.   The report, by Bratislava-based think tank GLOBSEC, is based on public opinion poll ...

General consolidated budget outstanding debts up 2.23% in April

Tuesday, June 7, 2022

The outstanding debts of the general consolidated budget increased by 2.23% in April 2022, compared to the previous month, to 179.31 million RON, from 175.4 million RON, according to the data published on the website of the Ministry of Finance.Arrears of over 90 days decreased by 0.16%, from 64 million RON to 63.9 million RON, while arrears of over 120 days increased by 4.9%, from 60.8 million RON in March to 63.8 million RON in April 2022. Also, arrears ...

Number of newly established foreign capital companies in Romania up 27.8% January through April

Tuesday, June 7, 2022

The number of companies with foreign capital newly established in Romania increased, in the first four months of 2022, by 27.8%, compared to the same period in 2021, to 2,186 units, according to data centralized by the National Office of the Trade Register (ONRC).The 2,186 new companies had a total subscribed share capital of USD 14.008 million, 31.1% lower than that of companies registered between January and April 2021, of USD 20.326 million.In ...

Gov't on schedule with actions for Romania to benefit from 10 bln euros from PNRR in 2022

Tuesday, June 7, 2022

The government is on schedule with the actions for Romania to benefit from 10 billion euros from the National Recovery and Resilience Plan (PNRR) in 2022, Prime Minister Nicolae Ciuca said on Monday, while presiding the meeting of the Committee for monitoring the PNRR, a gov't release reads.This was the first meeting after Romania submitted, on May 31st, the first payment request to the European Commission."Capitalizing on the EUR 30 billion from ...

AHK Romania: The present situation of the companies is good, but the economic perspectives reach a historic minimum

Tuesday, June 7, 2022

The companies are facing numerous challenges in the wake of the corona pandemics and due to the war that broke out in Ukraine, but approximately half of the companies interviewed are ok, shows the Conjuncture questionnaire made by AHK Romania in April 2022.   The present situation of the German companies in Romania has worsened in a certain measure, but the majority continues to appreciate it being good ...

Alira Grand Vins opens over 5-million euro investment Aliman wine cellar

Tuesday, June 7, 2022

The Romanian company Alira Grand Vins announces the opening of the Aliman winery, in southeastern Constanta county, an investment of over 5 million euros, equipped with a processing line of the latest generation and renewable energy sources, says a company's release.The Aliman winery took shape in July 2019 and was completed this year. The total value of the investment amounts to 5.23 million euros, of which the public financing is 2.5 million euros, ...

Bucharest has a population of 3 mln

Tuesday, June 7, 2022

Some 0.7 mln workers commute daily to their jobs in Bucharest from their homes within a radius of 100km, contributing to a population of the Romanian capital city in excess of 3 million, ...

President Klaus Iohannis, awarded international Charles IV Prize of the Sudeten German Landsmannschaft

Monday, June 6, 2022

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President Klaus Iohannis was awarded, on Saturday, the international Charles IV Prize of the Sudeten German Landsmannschaft for the year 2020.The ceremony took place in Hof, in the Federal Republic of Germany, the Presidential Administration said in a press release .The Sudeten German Landsmannschaft decided in 2020 to award this prize to President Klaus Iohannis, as "a recognition of his merits in terms of fostering understanding and cooperation ...

Kathleen Ann Kavalec is the new US Ambassador to Bucharest nominated by President Biden

Monday, June 6, 2022

On Friday, US President Joe Biden nominated Kathleen Ann Kavalec for the position of Ambassador Extraordinary and Plenipotentiary of the United States to Romania. This is the first time the US administration has nominated a woman for the post of ambassador in Bucharest.   Kavalec is a career diplomat in the US State Department, currently head of the OSCE Mission to ...

NATO multinational corps' Ciolponea: This year you will see an inflow of NATO forces in Romania

Monday, June 6, 2022

Deputy commander of the NATO Sibiu Multinational Corps Adrian Ciolponea said on Friday in Medias that 2022 will witness an inflow of NATO forces in Romania who come to support and ensure security."Let us hope that the war will end as soon as possible and will not be repeated, although history repeats itself countless times, and we, the humankind, do not learn from the horrors of war. (...) I am here today as deputy commander, I represent NATO, the NATO ...

More than 1.1 million Ukrainians have entered Romania since onset of conflict in neighboring country

Monday, June 6, 2022

More than 1.1 million Ukrainians have entered Romania since the beginning of the conflict in the neighboring country until now, the General Inspectorate of Border Police announced on Friday, in a release sent on Sunday.On Thursday, at national level, 90,059 people entered Romania through the ...

New national security bills in public debate

Monday, June 6, 2022

The national security draft bills are on the table of the ruling coalition, according to G4Media, which ...

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