Editorial»

Tabula rasa

March 4th, 2015 at 9:00 PM
The shattering revelations unearthed by the ongoing investigations of the National Anti-corruption Directorate (DNA) concerning the major corruption cases currently being...

Business»

ARF: Factoring market in Romania, worth 2.7 bn euros in 2014

ARF: Factoring market in Romania, worth 2.7 bn euros in 2014

March 4th, 2015 at 9:00 PM
Romania’s factoring market reached 2.7 billion euros last year, approximately the same level as in 2013, reads a press release issued on Tuesday by the Romanian Factoring...

Politics»

FBI director Comey: Partnership with Romanian Intelligence Service, among our best worldwide

FBI director Comey: Partnership with Romanian Intelligence Service, among our best worldwide

March 4th, 2015 at 9:00 PM
The director of the US Federal Bureau of Investigations James Comey met the head of the Romanian Intelligence Service (SRI) Eduard Hellvig on Tuesday, and subsequently appreciated...

Social»

Issue of the Day : Tiriac, billionaire again

Issue of the Day : Tiriac, billionaire again

March 4th, 2015 at 9:00 PM
The 2015 edition of Forbes World’s Billionaires list informs us that after a “dry spell” in what concerns Romania’s billionaires, this year we have two of them. Ioan...

World»

Italian Ambassador to Bucharest offers “italophone” credentials to several Romanian personalities

Italian Ambassador to Bucharest offers “italophone” credentials to several Romanian personalities

March 3rd, 2015 at 9:00 PM
Italy’s Ambassador to Bucharest, Diego Brasioli, gave “italophone” credentials on Monday to 30 personalities in Romania, including Prime Minister Victor Ponta, Ramona...

Recent Articles

ARF: Factoring market in Romania, worth 2.7 bn euros in 2014

Romania’s factoring market reached 2.7 billion euros last year, approximately the same level as in 2013, reads a press release issued on Tuesday by the Romanian Factoring Association (ARF) for Agerpres. ‘The mid-2014 results, amid the lack of investments and major development / infrastructure projects, have made us expect a contraction of the market to [...]

Dacia presents six models at Geneva Auto Show

Dacia has launched a limited edition of each model in its series at the Geneva Auto Show, in order to mark the 10-year anniversary of its presence on the West European market. The models that will be offered to the public in a limited edition are Sandero, Duster, Lodgy, Dokker, Logan and Logan MCV, basically [...]

Ponta Government’s biggest failure: Absorption of European funds not making progress

* In February the absorption of European funds grew by 0.13 pc month-on-month   Not a day passes without the European Funds Ministry issuing a press release. Most of them prove how eager Minister Teodorovici is to boast about all kinds of actions and programs. At the same time however, they prove how impotent this [...]

Number of companies with foreign partial equity ownership reached 199,103

The number of companies with foreign partial equity ownership reached 199,103 units, by 0.2 per cent more than the number registered on December 31, 2014 (198,635 companies), according to the data released by the National Trade Register Office (ONRC). The value of the subscribed share capital increased by 0.6 per cent in the national currency, [...]

FBI director Comey: Partnership with Romanian Intelligence Service, among our best worldwide

The director of the US Federal Bureau of Investigations James Comey met the head of the Romanian Intelligence Service (SRI) Eduard Hellvig on Tuesday, and subsequently appreciated the partnership with the SRI among the best the FBI has worldwide. Comey congratulated Hellving for his recent appointment at the SRI and especially thanked SRI deputy director, [...]

Ion Iliescu, at his 85th anniversary: I feel fine, as if I’m thrice 25 years old

The Bucharest Club has organized, on Tuesday evening, at the Romanian Athenaeum, a concert in honor of former President Ion Iliescu, who has turned 85 on Tuesday. “I feel fine, as if I’m thrice 25 years old”, said Ion Iliescu before the concert. Together with the honorary chairman of the Social Democrat Party were numerous [...]

Issue of the Day : Tiriac, billionaire again

The 2015 edition of Forbes World’s Billionaires list informs us that after a “dry spell” in what concerns Romania’s billionaires, this year we have two of them. Ioan Niculae, one of the most important investors in Romanian agriculture, is 1,605th in the world’s wealthiest people’s list with a wealth estimated at USD 1.2 bln. Ion [...]

Industrial production prices in the EU: Romania and Slovenia, only states in which prices remain stable

Industrial production prices dropped 1.2 per cent in the European Union (EU-28) and 0.9 per cent in the Eurozone in January 2015 compared to the month before, however Romania and Slovenia were the only EU member states where industrial production prices remained stable, the data published on Tuesday by the European Statistics Office (Eurostat) show. [...]

Romania – R. of Moldova gas pipeline operational

The Romanian government has kept its promise. The Romanian government’s efforts to support the Republic of Moldova energy-wise have already registered a first success. According to Moldovan Premier Chiril Gaburici, the deliveries of natural gas from Romania to the Republic of Moldova through the Iasi – Ungheni pipeline will start on Wednesday, March 4. “The [...]

Tarnita hydropower plant – biggest Romanian greenfield project

* Interview with Ovidiu Demetrescu – Hidro Tarnita CEO   The construction of a pumped-storage hydropower plant (PSHPP) in Tarnita-Lapustesti is an older project updated through government memoranda in 2013 and 2014 when it was also decided to set up Hidro Tarnita as the project management unit. The Tarnita-Lapustesti PSHPP will be built in Cluj [...]