Prime Minister Nicolae Ciuca and governor of the National Bank of Romania (BNR) Mugur Isarescu discussed this Friday the main economic and financial developments, against the backdrop of the economic recovery, the energy crisis and endeavors for a solid and credible budget for 2022, said the government's spokesman Dan Carbunaru.This is the first meeting of the Prime Minister with the BNR governor, and presidential advisor on economic affairs Cosmin Marinescu was also invited to attend."The meeting took place during the break of today's government meeting and was aimed at strengthening the institutional dialogue, while tackling the main developments and concerns in the Romanian economy and the financial environment in the current context of economic recovery, energy crisis and the need to work out a solid and credible budget for 2022, capable of giving confidence to the investment milieu and support the financial stability Romania needs in the next period," Carbunaru explained.The talks also focused on the need to increase the administrative capacity to absorb European funds, he added."The meeting highlighted the need for an effective institutional dialogue through the convergent involvement of state authorities, and also reviewed the main challenges we currently face, such as the need to increase the administrative capacity to absorb European funds, as regards both the resources available under the National Recovery and Resilience Plan, and those under the operational programs," Carbunaru said.
ARTEX AG, a Liechtenstein-based company and sole shareholder of ARTEX MTF, a Lichtenstein-based regulated multilateral trading venue, has appointed Claudio Cisullo, Founder and Executive Chairman of the Swiss-based family office CC Trust Group AG, as non-executive Director, effective April 3rd, 2024. ARTEX AG was co-founded by H.S.H. Prince Wenceslas von Liechtenstein and Yassir Benjelloun-Touimi in […]
Prince Paul Phillippe of Romania, one of the country's notorious fugitives, was captured in Malta at a resort where he was on vacation. Paul of Romania has been on the run for nearly four years from the country, where he was sentenced to 3 years and 4 months in prison in the case regarding the […]
Hobița, the village of famous Romanian sculptor Constantin Brâncuși, is at the center of a new temporary exhibition at Art Safari in Bucharest, which opens on Wednesday, May 1, and will be on display until May 19. Art Safari also offers a family program during the Labor Day & Orthodox Easter mini-holiday, open daily from 12:00 […]
The first section of the Transapuseana, a road that crosses Romania's Apuseni Mountains, was recently inaugurated. The section consists of 43 kilometers of county road. The road (DJ 107I), initially known as the 'Transalpina of the Apuseni,' was later renamed Transapuseana. It is the largest investment on a county road in Romania, with a total […]
According to a report from Romania’s National Institute of Statistics, during the period 2020-2022, the proportion of Romanian companies that introduced new or improved products or business processes into the market was 8.8%, a decrease of 1.9% compared to 2018-2020. Business innovation refers to the wide range of activities that enterprises...
SD Worx, a leading European HR and payroll solutions provider, said that it completed the acquisition of Romanian Software SRL, the market leader in Romania for payroll and Human Capital Management (HCM) solutions. Romania thus becomes the 18th European country in which SD Worx has its own proprietary payroll & HR software. SD Worx announced […]
