The Romanian state owns 216 companies, which represent about 7% of the country's GDP, generated by these companies and 83,000 employees, said Mihai Calin Precup, secretary of state in the Ministry of Public Finance on Thursday, at “Roinvest”, an event organized by News.ro in partnership with Team Innovation Media and Plurivox, PR and communication agency. In the past months, the government decided to reduce the distribution of dividends to the central budget to back investments at the level of strategic companies. From among energy producing companies, he mentioned Romgaz, Nuclearelectrica and Antibiotice Iasi in the health sector, which benefited from dividend cuts from 90% to 50%, which led to a stock plus of 900 million lei for investments of those companies. “The government's role is to identify priority projects for Romania, to structure their financing and after that to leave private companies to manage and develop them. The government;s role is to make sure that the invested money had a multiplying effect, with higher impact on real economy,”the secretary of state added. He said that quality human resources are needed to get involved in national projects and in state institutions. “Roinvest”was organized by News.ro news agency, in partnership with Team Innovation Media and Plurivox PR and communication agency.
Police officers from the Hunedoara County Criminal Investigation Service have recovered a gold brooch that is believed to be a national cultural heritage artifact, the Romanian Police announced. According to the authorities, the item was stolen from Romania in...
MEDCITY, a real estate developer building exclusively for the healthcare sector, announced the start of the project for the first medical hub in the western Romanian city of Timișoara. The company plans to transform a commercial property into a flagship healthcare ecosystem. The investment is valued at EUR 7 million, covering the property’s conversion and […]
Romania's prime minister Marcel Ciolacu is on a working visit to the United Kingdom and Northern Ireland on November 12-13, attending the Romania-Great Britain Economic Forum. The visit is also the first of a Romanian PM to the UK in 17 years. Marcel Ciolacu is also set to meet British counterpart Keir Starmer, the Speaker […]
Orange Romania announced the reopening of the Telephone Palace (Palatul Telefoanelor), a historical monument on Calea Victoriei avenue in Bucharest built in the 1930s for telecommunications specialists. The company's goal is to bring together its teams in Bucharest in two neighboring buildings: the Tandem central office on Matei Millo Street and the Telephone Palace. The […]
Romania’s internal intelligence service SRI has confirmed the presence of troll farms, bots, and fake accounts in the country, but states that the phenomenon does not pose a threat to national security. The statement comes after a presidential candidate was accused of running such networks to his own benefit. The service also denied any foreign […]
Goldbach Grup, a holding that brings together companies with over 13 years of experience in the development and implementation of complex projects in areas such as urban development, real estate, construction, architecture, renewable energy and consulting in the field of European funds, announces the co-optation of Cristina Nuță, a strategic leader in financial management, in […]
