Editorial»

Referendum or plebiscite?

July 7th, 2015 at 9:00 PM
When they have to point out the difference between referendum and plebiscite, even dictionaries become vague. In both cases, it is a consultation of the entire nation, but...

Business»

Issue of the Day: Two coryphaei of economics

Issue of the Day: Two coryphaei of economics

July 7th, 2015 at 9:00 PM
Two coryphaei of Romanian politics and economics stood out these days through their more-than-philosophical reflections on current issues. Of course, the most pressing of...

Politics»

Liberal Cristian Adomnitei, investigated for favouring an offender, will not run for local elections

Liberal Cristian Adomnitei, investigated for favouring an offender, will not run for local elections

July 6th, 2015 at 9:00 PM
Liberal Cristian Adomnitei, who has resigned as Head of PNL Iasi, after legal issues, as he is investigated in probation for favouring an offender, announced on Sunday, in...

Social»

New argument in favour of youth creativity:Romanian students win Grand Prize at Simulated Enterprises Fair in Venice

New argument in favour of youth creativity:Romanian students win Grand Prize at Simulated Enterprises Fair in Venice

July 6th, 2015 at 9:00 PM
The winners of the first Romanian edition of the Simulated Enterprises Fair have won the grand prize at the Simulated Enterprises Fair in Venice, Italy, thus proving that...

World»

Netherlands replaces ambassador to Romania

Netherlands replaces ambassador to Romania

July 6th, 2015 at 9:00 PM
Stella Ronner-Grubacic has been appointed Dutch ambassador to Romania and the Republic of Moldova, while Matthijs van Bonzel will be ambassador to Spain, the latter announcing...

Recent Articles

Issue of the Day: Two coryphaei of economics

Two coryphaei of Romanian politics and economics stood out these days through their more-than-philosophical reflections on current issues. Of course, the most pressing of those issues is what everyone dubs “the crisis in Greece.” Especially now, after the Greek electorate has backed the Greek government against the austerity programmes that international creditors have proposed. As [...]

Rompetrol Downstream to invest almost USD 40 M in 2015 and 2015

Rompetrol Downstream coordinates KMG International’s local network of fuel distribution stations. A dynamic sector in the midst of modernization. Rompetrol Downstream plans to invest approximately USD 18 M in 2015 in order to open 11 new gas stations, for next year its investments being estimated at over USD 20 M and the number of new [...]

Romania’s gas consumption covered by domestic production

Natural gas demand of household consumers to total 30.219 million MWh from July 2015 to June 2016   The National Energy Regulatory Authority (ANRE) estimates that the natural gas demand of regulated household consumers will total 30.219 million MWh from July 2015 to June 2016, approximately 98 per cent of that quantity (29.613 million MWh) [...]

Financial supervisory body gets 165.92 M lei in 2014 revenues, ends in excess

The revenues received by the Financial Supervisory Authority (ASF) in 2014 totalled 165.92 million lei (some 37.018 million euros), which means the body actually met 112 percent of the approved budget. The largest proportion, 47.26 percent of the overall revenues is accounted for by the revenues from the financial instruments and investment sector, the annual [...]

Romania has 22,052 exporters; only 3 Romanian shareholding companies in top 100

Romania has 22,052 exporters, but the first 1,000 take up 82.4 per cent of the export and only 3 Romanian shareholding companies are among the top 100, Chamber of Commerce and Industry of Romania (CCIR) President Mihai Daraban told a press conference on Monday. ‘There are 22,052 exporters in Romania, but the first one thousand [...]

Nuclearelectrica estimates 54.247 million lei gross profit in 2015

Nuclearelectrica National Company estimates a gross profit worth 54.247 million lei in 2015, the accounting profit left after the tax deduction being estimated at 38.343 million lei, according to the revenue and expenses budget released in the Official Journal. The total revenues of the company are forecast at 1.884 billion lei and the expenses, at [...]

Dacia sells well in United Kingdom

*Year-on-year sales up 33 pc in June and 11.5 pc in Q1 The drop in Dacia sales recently registered on the German and French markets has been counterbalanced by an expanding market. Thus, according to Reuters, new car sales in the United Kingdom have registered their 40th consecutive month of growth in June – a [...]

Referendum or plebiscite?

When they have to point out the difference between referendum and plebiscite, even dictionaries become vague. In both cases, it is a consultation of the entire nation, but perhaps the most relevant difference is that, if the referendum intends to test opinions o a certain matter of general interest, plebiscite is more like a white [...]

Recas Winery to have most modern wine bottling line in Europe

Recas Winery will have the most modern wine bottling line in Europe, doubling its bottling capacity from 4,000 to 8,000 bottles per hour, up to a total of approximately 19 million litres of wine per year. “It is a bottling line that has already been bought in Italy, will have a capacity of approximately 8,000 [...]

Liberal Cristian Adomnitei, investigated for favouring an offender, will not run for local elections

Liberal Cristian Adomnitei, who has resigned as Head of PNL Iasi, after legal issues, as he is investigated in probation for favouring an offender, announced on Sunday, in a meeting of Iasi County Liberals, that he would not run for the local elections of next year. Cristian Adomnitei attended on Sunday the meeting of the [...]