Romania Ranks Third At Asian Physics Olympiad In Vietnam

For the second time in the history of international competitions, a Romanian Olympic team participated in the Asian Physics Olympiad, which was held between May 6 and 12, 2018, in Hanoi (Vietnam).

The event, which targeted mainly pupils and students from Asian countries, included the participation of no fewer than 25 countries.

Romania’s team was the only European team which qualified for the event. (puterea.ro)

Antibiotice Iasi Net Profit Fall 38.5% To RON3.26M In 1Q/2018

Pharmaceutical company Antibiotice Iasi (ATB.RO) said its net profit fell 38.5% year-on-year in the first quarter of 2018, to RON3.26 million, from RON5.3 million in the year-earlier period.

The company had total assets of RON607.7 million, total debts of RON187.8 million and equity of RON419.8 million on March 31, 2018.

End-2017, the Health Ministry was the main shareholder of the company, with a 53.01% stake. Regional investment fund SIF Oltenia held 14.41% of Antibiotice Iasi shares. (jurnalul.ro)

Prime Minister, President To Discuss Embassy Relocation

Romanian Prime Minister Viorica Dancila will meet on Tuesday with President Klaus Iohannis at Cotroceni presidential palace to discuss the relocation of Romania’s embassy in Israel from Tel Aviv to Jerusalem, among other foreign policy issues.

Dancila’s visit to Cotroceni comes after Iohannis had initially summoned foreign affairs minister Teodor Melescanu to discuss the situation concerning the embassy, but Melescanu refused the invitation. Dancila argued that if the president wants to discuss with a minister, he should first talk to the premier.

Ruling party leader and Lower Chamber speaker Liviu Dragnea announced in April that the Government adopted a memorandum concerning the relocation of the Romanian Embassy from Tel Aviv to Jerusalem, a decision on which Iohannis said he wasn’t consulted. (puterea.ro)

Former PM Ponta Says Will Not Run In 2019 Presidential Elections   Former prime minister Victor Ponta said he will be leader of Pro Romania party, but will not run in the presidential elections to be held in 2019.

“Yes, I will be the leader of this political party (ed.n. – Pro Romania). In 2019, I will not run in presidential elections. I was a bit hasty in 2014 and I do not want to make the same mistake twice. I will be backing somebody else”, said Ponta. (jurnalul.ro)

Subiecte #press review