As of January 2025, Antonio Vencesla is the new Corporate Affairs & Communications Director of JTI Romania, Moldova, and Bulgaria.
Antonio Vencesla brings valuable experience in the Corporate Affairs & Communications field, joining JTI in 2012 as Corporate Affairs & Communications Manager. After three years, he went to Malawi to lead the Corporate Affairs team and returned to Geneva in 2016 to lead Corporate Affairs...
The Constitutional Court of Romania (CCR) admitted, on March 11, the objection of unconstitutionality regarding military pensions and decided that the Law supplementing Law no. 223/2015 on state military pensions is unconstitutional, according to Europa Libera Romania. The draft provides...
Japanese corporation Yokohama Rubber reportedly intends to buy the bankrupt Romanian tire factory in Drobeta Turnu Severin, which specializes in the production of tires for the mining industry, earthmoving equipment, and oversized transport, according to
Sales of electronics, home appliances, IT, and telecom products in Romania rose by approximately 10% in 2024 compared to the previous year, according to an analysis by Ziarul Financiar based on data from market research company NielsenIQ. The electro-IT market recorded steady growth across all segments, though...
The headline inflation in Romania edged marginally above 5% y/y in February from 4.95% y/y in January, but well above the 4.7% y/y market consensus and probably also above the central bank’s expectations – thus putting into question the monetary authority’s (recently revised) 3.8% y/y inflation forecast. The monthly inflation remained at an elevated rate […]
Romania’s industrial production contracted by 2.5% y/y in January, with a slightly milder decline of 2.3% y/y in the core manufacturing industries, the statistics office INS announced. However, there are positive signs: the workday-adjusted industrial output increased by 2.1% y/y (reflecting the smaller workday count in January 2025 compared to 2024) and the seasonally- and workday-adjusted industrial […]
Romania will begin issuing the new Electronic Identity Card (CEI) on March 20, starting in Cluj County, with a gradual nationwide rollout to follow. The initiative was finalized after the Romanian government approved three decisions on March 13, setting the regulatory and technical framework for the new ID card system. The issuance of the new […]
