Weather To Be Warm On Thursday And Friday   Meteorologists said the weather will be warm although the air temperature will see a decrease compared with the previous day in most parts of the country.

On Thursday, across the country, maximum temperatures will range from 7 degrees in eastern Transylvania and 16 degrees Celsius in the southern region of Oltenia. Minimum temperatures will range, in general, between -2 and 5 degrees Celsius.

In capital Bucharest, the weather will stay warm, although the air temperature will see a decrease compared with the previous day. Maximum temperatures will reach around 13 degrees and minimum temperatures will range between 2 and 4 degrees Celsius.

On Friday, the weather will be warm, even too warm for this time of the year, in southern regions.  (mediafax.ro)

Conflicts Between Opposition And Ruling Coalition Over Filling BNR Vacancy   The interim head of the National Liberal Party (PNL), Raluca Turcan, asked the leaders of the Social Democratic Party (PSD) and of the Alliance of Liberals and Democrats (ALDE) to respect PNL’s right to make a proposition for the vacant position of deputy central bank governor.

Social democrat head Liviu Dragnea said the ruling coalition will hold a meeting on Friday to nominate the person it will back to fill the position of central bank deputy governor left vacant after the resignation of Bogdan Olteanu. (mediafax.ro)

Ford Plans To Let 1,100 Jobs Go At Bridgend Factory

Ford has drawn up plans to cut 1,160 jobs at its engine plant in Bridgend over the next four years.

It’s understood that Ford is responding to a fall in global demand and problems with efficiency – including restrictive work practices – specific to Bridgend.

The company expects headcount to fall from its current level of 1,760 to around 600 by 2021, mostly through natural attrition.

The Sigma engine that is built at Bridgend is exported to EU as well other global markets, including China and the United States, but is in the process of being phased out. (mediafax.ro)

Deloitte: Romania Ranks First In CEE Region By NPL Sale

Romania ranked first in Central and Eastern Europe by the sale of non-performing loans (NPL), with completed deals worth EUR3.5 billion in 2015 and 2016, according to annual report Deloitte NPL Study.

CEE region became attractive for investors, due to the improvement of economic conditions, coupled with an increase in provisioning following the AQR exercises in several of the CESEE countries.

Most of the completed deal volumes were registered in Romania (37%), followed by Hungary (24%), Poland (11%) and Slovenia (9%), according to the report, which also says that in 2016, NPL investors showed a growing interest for retail mortgage portfolios in certain countries and this tendency is also expected in 2017.

Transacted corporate portfolios amounted to EUR4.8 billion in 2015 and up to October 2016, whereas both residential portfolios and consumer loans to EUR 1.6 billion. (mediafax.ro)

  Base Gross Salary Of Dacia Operators To Go Up By RON80 As Of March 1   The base gross wage of operators working at carmaker Automobile Dacia will increase by RON120 as of January 1, being complemented by an increase of RON80 as of March 1.   Employees will also receive a bonus, in May, for the performance achieved in 2016, in the gross amount of RON1,450, Dacia said in a statement.

The statement also says the administration and trade unions of Automobile Dacia completed negotiations for a new collective labor contract, as of March 1. (mediafax.ro)

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