Portugal’s Defense Ministry confirmed that it would sell five more F-16 fighters to Romania and that it would replace them with other aircraft to...
Eurobonds

Micro-lender owned by US NGO sells bonds to finance activity in Romania

Vitas Romania, a non-banking financial institution (IFN) that specializes in micro-loans for local startups, will issue RON 15 million (EUR 3.2 million) worth of...

Former Microsoft Romania GM will manage Honeywell’s CEE operations

US industrial and technology group Honeywell named Ronald Binkofski as its new president for the Central and Eastern Europe (CEE) region, which includes Romania. Binkofski,...

Romanian nuclear power producer aims to finalize negotiations for new reactors this year

State-owned nuclear power producer Nuclearelectrica, which operates Romania’s Cernavoda nuclear power plant, aims to finalize its negotiations with China General Nuclear Power Corporation (CGN)...

Romania tops EU’s inflation ranking for fifth month in a row

Romania continued to record the highest annual inflation rate in the European Union (EU) in June 2018, namely 4.7%, up from 4.6% in May,...

New trade agreement opens the Japanese market to Romanian firms

The Economic Partnership Agreement (EPA) between the European Union and Japan represents a huge chance for Romanian companies interested in the Asian market, according...

Colliers: Attention of real estate investors in Romania starts turning to regional cities

Real estate investments in Romania totaled just over EUR 400 million in the first half of this year, up 18% compared to the same...

CBRE: Romania’s outsourced project management services market will increase by 20% this year

The demand from real estate investors for outsourced project management services has increased significantly and this segment could see a 20% growth this year,...
gas price

Romania plans to cap domestic gas price, producers’ shares drop

Romania’s Government wants to cap the price of gas sold by domestic producers to RON 55 per MWh, according to a decision draft published...
3-month robor

Investors pull out EUR 393 mln from mutual funds in Romania in first half

Locally managed open-end investment funds in Romania saw net withdrawals of over RON 1.8 billion (EUR 393 million) in the first six months of...

Romania’s timber industry dismisses environmental organization’s negative report

State company Romsilva, which manages about half of Romania’s forests, and local timber producers dismissed the report presented by the Environmental Investigation Agency (EIA)...

From Our Partners

(P) Is Romania compliant with the EU legislation regarding money laundering?

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A year has passed since Romania should have implemented the EU Directive on the prevention of the use of the financial system for the...

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