In its meeting of 7 January 2015, the Board of the National Bank of Romania (BNR) decided: * to lower the monetary policy rate to 2.5 percent per annum from 2.75 percent starting with 8 January 2015; * to narrow the symmetrical corridor of interest rates on BNR’s standing facilities around the policy rate to [...]
Smartree HRTech, a leading provider of integrated payroll and human resources software solutions, announced the appointment of Nicoleta Mihaiu as its new CEO. Mihaiu’s expertise and vision “will strengthen the management team and further solidify Smartree’s position as a market leader in payroll and HR software solutions,” the company said. “I am honored to join […]
The Apprentice, director Ali Abbasi's movie in which Romanian-born actor Sebastian Stan plays a young version of Donald Trump, premiered on Max on March 7. This role earned Stan his first-ever Oscar nomination this year. The film delves into the early years of Donald Trump’s career in the 1970s, focusing on his ambition to step out […]
Two people have lost their lives in the wildfires sweeping through multiple counties in Romania, the authorities announced. A 67-year-old woman in Maramureș county lost her life on March 7, while a 78-year-old man from Vâlcea county was found dead on March 9. In addition to the fatalities, two people have been injured, including a […]
The Sibiu-based company Con-A won, as the leader of an association, the tender for the construction of the RON 1.8 billion (EUR 360 million, VAT excluded) Craiova regional emergency hospital, Turnul Sfatului and Economedia.ro...
Two research and development projects, worth almost EUR 180 million, in the field of nuclear energy and artificial intelligence (AI), respectively, will be carried out in Romania, the Ministry of Investments and European Projects (MIPE) announced. The first project, called "4ALFRED - Research for Next Generation Reactors", has a value of over EUR 112 million […]
The completion of the 430 MW gas-fired power plant at Iernut by Spanish contractor Duro Felguera for Romgaz, expected for this summer, is at risk as the contractor faces insolvency and the payment of EUR 400 million fines related to a past contract in Algeria, according to
