Editorial»

The country needs national consensus

February 27th, 2015 at 9:00 PM
In the country of “things well done” (the electoral slogan of present President Klaus Iohannis), there are many things to do. There are too many of them to be included...

Business»

Small steps for big highways : 10-km section of Transylvania highway to be built by Strabag-Straco

Small steps for big highways : 10-km section of Transylvania highway to be built by Strabag-Straco

February 27th, 2015 at 9:00 PM
The JV SC Strabag SRL – SC Straco Grup SRL association will build the second section of the Brasov – Targu Mures – Cluj – Oradea highway as part of a RON 251.3 M...

Politics»

Gala Bute case:Precautionary attachment procedure imposed on Udrea, Obreja, Ariton and three others

Gala Bute case:Precautionary attachment procedure imposed on Udrea, Obreja, Ariton and three others

February 27th, 2015 at 9:00 PM
The National Anti-corruption Directorate (DNA) prosecutors have initiated the precautionary attachment procedure on part of the assets belonging to Elena Udrea, Ion Ariton,...

Social»

Population’s net wealth, down since 2007, due to decreasing price of real estate

Population’s net wealth, down since 2007, due to decreasing price of real estate

February 27th, 2015 at 9:00 PM
Population’s net wealth is down compared to 2007 when it saw a peak, mainly due to decreasing prices of real estate assets owned by Romanians. As to the indebtedness...

World»

PM Garibashvili in Bucharest: PM Ponta says Romania has the interest and duty to not forget Georgia and support its  European and North Atlantic endeavors

PM Garibashvili in Bucharest: PM Ponta says Romania has the interest and duty to not forget Georgia and support its European and North Atlantic endeavors

February 27th, 2015 at 9:00 PM
Prime Minister Victor Ponta on Friday stated, after his talks with Georgian counterpart Irakli Garibashvili (photo L) that, although Romania has always supported the Republic...

Recent Articles

Gala Bute case:Precautionary attachment procedure imposed on Udrea, Obreja, Ariton and three others

The National Anti-corruption Directorate (DNA) prosecutors have initiated the precautionary attachment procedure on part of the assets belonging to Elena Udrea, Ion Ariton, Rudel Obreja and three other defendants, in the Gala Bute case prosecuted for transactions between state institutions and private companies participating in the organisation of ‘Gala Bute’, a sportive event organised by [...]

Small steps for big highways : 10-km section of Transylvania highway to be built by Strabag-Straco

The JV SC Strabag SRL – SC Straco Grup SRL association will build the second section of the Brasov – Targu Mures – Cluj – Oradea highway as part of a RON 251.3 M contract (VAT not included), the National Highways and National Roads Company (CNADNR) informed earlier this week. “CNADNR announces that the contract [...]

Territorial autonomy: UDMR’s Kelemen Hunor says he has not discussed with President Iohannis on the issue , but no “taboo subjects” exist

Hungarian Democratic Union of Romania (UDMR) leader Kelemen Hunor said, on Friday, in Sfantu Gheorghe, that he has not discussed until now with President Iohannis of territorial autonomy, only on the relation between majority and minority, but that “there are no taboo subjects” in relations with a President. Kelemen Hunor mentioned that he does not [...]

Romania and 11 other EU states fall short of minimum electricity interconnectivity goal

In a document titled “Connecting power markets to deliver security of supply, market integration and the large-scale uptake of renewables,” the EC warns member states about the need to reach, by 2020, an interconnection level of at least 10 per cent for the electricity market. The document names several states that currently fall below the [...]

Romania’s companies, invited to invest in Indonesia

Romania’s companies are expected to invest in Indonesia, which has an economy that ranks 34th in the Global Competitiveness Index, said on Thursday the Regional Director of the Coordinating Board of Investments in Indonesia (BKPM), Siswaka Sundjana, in a specialist symposium. Indonesia’s ranking represents a four-place leap in this index, a hierarchy in which 144 [...]

Population’s net wealth, down since 2007, due to decreasing price of real estate

Population’s net wealth is down compared to 2007 when it saw a peak, mainly due to decreasing prices of real estate assets owned by Romanians. As to the indebtedness level of the population, the situation is very differentiated between certain segments, Deputy Governor of Romania’s Central Bank (BNR) Liviu Voinea (photo) told Wednesday’s symposium ‘Financial [...]

Justice Minister Cazanciuc: Selection procedure for new head of DIICOT to be launched next week

Minister of Justice, Robert Cazanciuc, on Friday stated that a selection procedure will be initiated, next week, among the prosecutors, to identify the new chief of the Directorate for Investigating Organised Crime and Terrorism (DIICOT). Robert Cazanciuc claimed he had no one in particular in mind for becoming the new chief-prosecutor of the DIICOT, given [...]

Bica 2” bribery and corruption case: Alina Bica, Dorin and Alin Cocos remain in custody

Ex-DIICOT head Alina Bica (photo) , Dorin and Alin Cocos and Ionut Florentin Mihailescu remain in custody in the “Bica 2″ case, the High Court of Cassation and Justice (ICCJ) ruled on Friday, Agerpres reports. Former Minister of Economy Adriean Videanu, also indicted in the case, will be tried under judicial restriction, but the court [...]

Companies that rekindle Romanian industry : Tractorul U650 remodelling its brand

* Titus Serban, the company’s CEO, is optimistic: “We will manage to assert ourselves on the Romanian market too”   Invaded by all kinds of giant tractors, some with engines that have even thousands of HP, the Romanian agriculture has almost forgotten the jewel of local industry that UTB Brasov was. The Brasov-based plant was [...]

4.2M earthquake in Vrancea region

An earthquake measuring 4.2 magnitude on Richter scale occurred on Friday morning, at 8:11 (6:11 UTC), in the seismic Vrancea area, Agerpres reports, according to information released by the National Institute for Earth Physics (INFP). The earthquake took place at 129 kilometres depth, in Vrancea County. Another tremor of the same magnitude took place also [...]