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MAE firmly condemns launch of ballistic missile by the Democratic People’s Republic of Korea

August 29, 2017

Romanian Ministry of Foreign Affairs firmly condemns the launch by the Democratic People’s Republic of Korea of a ballistic missile over Japan on Tuesday, by saying that it represents “a very serious escalation” of tensions in the Korean Peninsula and “an unprecedented threat.” “The Ministry of Foreign Affairs firmly condemns the launch by the Democratic […]

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Swiss Artemis builds EUR 8 mln factory for joinery manufacturer Mondo Style in western Romania

Swiss industrial real estate developer Artemis Group announced that it had started construction on a EUR 8 million factory for window and door manufacturer Mondo Style, according to Ziarul Financiar. The factory is being developed in the Sânandrei industrial park in Timiş County. "We have obtained...

Sumitomo Electric Bordnetze fires 600 in Romania after closing down entire plant in Bulgaria last September  

Sumitomo Electric Bordnetze, a cable manufacturer for the automotive industry, will lay off 676 of its 1,712 employees at its factory in southern Romania (Drobeta Turnu Severin), according to the regional labor bureau AJOFM quoted by

Political crisis in Romania delays tax reforms

Since the interim Government that manages the public administration in Romania after the resignation of PM Marcel Ciolacu is not entitled by the law to endorse emergency ordinances, the restrictive fiscal package expected by the European Commission under the Excessive Procedure (EPD) cannot be passed by the Romanian authorities. For this reason, the European Commission […]

The economic plans of Romanian presidential candidates Nicuşor Dan and George Simion

Nicuşor Dan and George Simion propose sharply contrasting economic strategies ahead of Romania's presidential election. Economic online portal Economica put together the key...

Romania's presidential candidate Simion promises referendum on annulled elections, says he will step down if public demands re-run

Presidential candidate George Simion has pledged to organize a national referendum to determine whether Romanians want to annul the current presidential election outcome and repeat the second round between former candidates Călin Georgescu and Elena Lasconi,

Poll reveals smaller gap between Romanian presidential candidates compared to first ballot’s outcome

The gap between the frontrunner in Romania’s presidential elections, isolationist nationalist George Simion, and its challenger with a pro-EU orientation, Nicuşor Dan, is smaller than 10 percentage points (pp): 54.8% versus 45.2% of the voters committed to attending the second round, according to a poll carried out by Verifield and published by Nicuşor Dan. The […]