Social/Politics
ANRE Official: Electricity Prices To Rise After Curtailing Support For Green Power Producers
The price of electricity will rise following Romanian authorities’ recent decision to limit state support for producers of renewable energy, Zoltan Nagy-Bege, member in the executive board o...
BCR Says Ready To Help Economy, But Through Leu-Denominated Loans
After extensive restructuring measures, Romania's largest lender Banca Comerciala Romana (BCR) is ready to restart lending to individuals, but only in lei, according to the bank’s strategic...
Mures County Council Seeks EUR20M Loan For Public Projects
The Mures County Council seeks a 15-year loan for RON89 million lei (EUR19.8 million) to fund public investments.
UK Ambassador: Romanian State-Owned Company Sale Process Far From Perfect
The privatization of Romanian state-owned companies has definitely not been a perfect process and Romania must focus on attracting more international investors, UK Ambassador to Bucharest Ma...
Tarom’s New CEO Says Company May Switch To Profit In 2014
Tarom’s chief executive officer Nicolae Demetriade said Monday there is no chance the state-owned airline, which registered loss of 64 million lei (EUR14 million) in January-May, will switch...
Trade Registry: Over 7,000 Romanian Firms Went Insolvent In January-May
About 1,164 Romanian firms defaulted on their debts in May and the number of insolvencies reached some 7,100 in the first five months of 2013, down 4.5% on the year, according to Trade Regis...
Need For "Rented" Workers Lift Revenue Of Recruitment Companies
The turnovers of the five largest players on the Romanian market of recruitment and temporary work went up by almost 14% last year against 2011 amid companies’ need for “rented” staff, whom...
Romania Overtakes Italy In Grain Production Ranking In 2013
Romania’s grain production estimated at 17.4 million tons will be 3% higher than Italy’s this year, putting the country on the sixth place among European producers.
Justin Darlington Named World King of Dunk in Sport Arena Streetball Bucharest
Justin Darlington proved once again that he is the best dunker in the world, crushing any competition at the World King of Dunk, a contest held in Bucharest, Romania, at 3x3 EuroTour Wizz Ai...