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  5. ForMin Comanescu in Berlin: Romania is for sustainable,...

ForMin Comanescu in Berlin: Romania is for sustainable, efficient energy consumption

March 17, 2016

Foreign Affairs Minister Lazar Comanescu expressed on Thursday in Berlin Romania’s commitment for the implementation of the transition process to a competitive economy, based on a sustainable, efficient energy consumption. According to a release by the Foreign Affairs Ministry (MAE) sent to Agerpres, the head of diplomacy participated in the Berlin Energy Transition Dialogue ‘Towards […]

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Japan’s Yokohama Rubber corporation acquires mining industry tire factory in Romania

Yokohama Rubber, a Japanese corporation with a history of over 107 years, has purchased a tire factory for the mining industry, as well as for earthmoving and oversized transport machinery, located in Drobeta Turnu Severin, according to Profit.ro.  ...

Nine Romanian citizens evacuated from Gaza Strip amid Israeli “conquest” campaign

Nine people, all Romanian citizens, together with their family members, were evacuated on Tuesday, May 6, from the Gaza Strip and are now in Jordan, from where they will be brought to Romania with an aircraft of the Romanian Air Force. According to the Ministry of Foreign Affairs, the evacuation involved the Romanian Embassies in […]

2Performant finalizes acquisition of Profitshare Romania and Bulgaria

Affiliate marketing platform 2Performant (BVB: 2P) announced the signing of the final acquisition agreement for Profitshare Romania and Bulgaria, previously operated by Conversion Marketing (eMAG group). The acquisition marks an important milestone in consolidating 2Performant’s position in the Romanian and Bulgarian markets and paves the way for regional expansion in Central and Eastern Europe, the […]

Sergiu Neguţ takes over as president of Romanian Business Leaders

Sergiu Neguţ, co-founder of fintech company FintechOS, is the new President of Romanian Business Leaders (RBL), an organization gathering more than 550 entrepreneurs and leaders from the Romanian business environment. He will lead RBL’s new board of sirectors, set to serve between April 2015 and April 2027, alongside vice-presidents Felix Pătrășcanu, the managing partner of […]

ISW: George Simion’s victory in Romania “could advance Kremlin objectives”

The US-based Institute for the Study of War argued in a recent analysis that a victory for the far-right presidential candidate in Romania, George Simion, would advance policies that would support the Kremlin's objectives in Ukraine, along with its narratives about Ukraine and Moldova. The ISW is a non-partisan, non-profit, public policy research organization that […]

Romania's currency sinks 2% amid political turmoil

The National Bank of Romania (BNR) announced on May 6 a mid-day official exchange rate 1.2% d/d weaker for the local currency, which kept losing ground during the day to stabilize around RON 5.1 to euro or 2% down from just under RON 5.0 to euro seen in the past over a long period. The […]