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President Iohannis at the European Council in Tallinn: It is important that we have future-oriented approaches

September 29, 2017

The European Union (EU) leaders have future-oriented approaches, towards redefining and reinventing the EU, said President Klaus Iohannis, pointing out that “the reflection process for the future of the EU is now really started.” The Romanian head of state is attending on Friday the informal meeting of the European Council on digital issues, held in […]

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Senate expert committees greenlight Bucharest Green Belt amendments to new Forestry Code

Amendments to the new Forestry Code bill that aim to protect the forests of Ilfov county against commercial logging got the green light from expert committees of the Senate. Safeguarding these forests would be the starting point for creating the Bucharest-Ilfov Green Belt as a solution to the worrying pollution levels in the Romanian capital. […]

Seven in ten Romanian employers give Easter bonuses or days off

About 71.2% of the employers who participated in the latest survey carried out in Romania by the eJobs recruiting platform say that they will offer extra benefits to company employees during the Easter holidays this year.  Compared to last year, the value of the benefits offered to employees is higher, as declared by 40.5% of […]

Poll shows Romania’s far-right parties lose ground but remain second-largest force

A poll conducted by INSCOP for News.ro during April 12-20 shows that the ruling coalition made up of the Social Democratic Party (PSD) and the National Liberal...

UK's Eleco pays EUR 1.55 mln for Romanian software developer

Eleco, a specialized software supplier listed on the Alternative Investment Market of the London Stock Exchange, has acquired the Vertical Digital group of companies, consisting of Vertical Digital and Sons of Coding, software companies based in Oradea and Timisoara. Vertical Digital and Sons of Coding were acquired for an initial sum of EUR 1.3 million […]

Romania’s Uzinsider plans for turbine factory in Ploiesti

One of the companies in the Romanian group Uzinsider, controlled by businessmen Emanuel Babici and Constantin Savu, has announced that it is taking steps for the construction of hydraulic turbines within a factory in Ploiesti and will submit a request for 75% of the project to be financed under the Just Transition mechanism dedicated to […]

WB to speed up EUR 1 bln loans for Romania's risk management and green, inclusive growth

The representatives of the World Bank, during their meeting in Washington with representatives of Romania's Finance Ministry, assured that the Bank would speed up the contracting process for loans of approximately EUR 1 billion to the country to finance development policies aimed at green and inclusive growth (Development Policy Financing/Loan – DPF/DPL) and risk management […]