Category: Uncategorized
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Romania’s Govt. reportedly steps up against green NGOs hindering key energy projects
Prosecutors of the Directorate for Investigating Organized Crime and Terrorism (DIICOT) reportedly initiated investigations against NGOs opposing key energy projects in Romania, including Greenpeace, at the request of the Ministry for Energy, G4media.ro reported. Minister of energy Sebastian Burduja has reportedly asked DIICOT to check whether these environmental NGOs opposing the development of energy projects…
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Ambassador Andrei Muraru expects Romania to join US Visa Waiver by March-April
Romania will enter the US Visa Waiver scheme by March-April next year after the current administration in Washington triggers the procedure, Romania’s ambassador in the United States, Andrei Muraru, told Digi24. Romanians will still have to request an electronic visa using an application and their electronic passports, like residents of all countries participating in the…
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Romanian postal company Posta Romana facilitates Moldovans’ online purchases from European online stores
Romanian public postal company Posta Romana announced the launch of the EUlivrez.md platform, which facilitates online shopping in the European Union for citizens of the Republic of Moldova. The name of the platform is a combination between the European Union’s name (EU) and the Romanian word for delivery (livrez). The platform offers an accessible and…
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Only 30MW of wind power capacities commissioned in Romania this year
The only wind power generation capacity commissioned in Romania this year will be the 30MW installation developed by Medgidia cement factory, part of the CRH multinational group, according to sources familiar with the market consulted by Economica.net. Furthermore, the sole wind farm commissioned this year is not yet connected to the national power grid, and…
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OMV Petrom enters Bulgaria’s gas supply market
Romania’s major oil and natural gas producer OMV Petrom announced in a note to investors that it is entering the natural gas supply market in Bulgaria, where it is targeting industrial consumers. With this step, OMV Petrom is creating regional business opportunities for the natural gas expected to flow from the Neptun Deep offshore perimeter…
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Romania’s TeraPlast takes over Croatian flexible packaging manufacturer Optiplast
Romanian construction materials producer TeraPlast Group (BVB: TRP), also involved in the manufacturing of polyethylene and bioplastic packaging, announced the signing of a purchase agreement to acquire 70% of the share capital of Optiplast, the third-largest flexible packaging manufacturer in Croatia. TeraPlast’s shareholders are summoned on November 15 to endorse the deal. This is a…
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Romanian PM says VAT rate will not increase next year
The prime minister and head of the senior ruling Social Democratic Party likely to preserve its dominant position after the general elections in November-December, Marcel Ciolacu, quoted by Economica.net, assured again, on October 9, that there will be no VAT rate increase next year. The prime minister declared himself totally in favor of implementing a…
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Prosecutors reportedly investigate possible fraud related to Romanian real estate developer Nordis
Prosecutors of the Directorate for Investigating Organized Crime and Terrorism (DIICOT) have been investigating for around a year possible frauds and the activity of an organised criminal group related to real estate developer Nordis, G4media.ro announced, quoting sources familiar with the investigations. However, no individual was indicted despite more than ten complaints filed against those behind…
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Generation Z employees in Romania prefer pressure-free work environments over stability, study says
Generation Z employees in Romania prefer pressure-free work environments over stability, according to a study by Pluxee Romania, the global partner for employee benefits and solutions designed to increase employee engagement. On the other hand, Generations Y and X prioritize job stability. The “Workplace for All: Intergenerational Motivation Map” study aimed to look at the preferences…
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Hungarian presidency of EU Council asks that Romania be let into Schengen by end of the year
The Hungarian presidency of the EU Council asked that Romania and Bulgaria become full members of the Schengen Zone by the end of this year, according to prime minister Viktor Orban. Orban made the statement in the plenum of the European Parliament, in Strasbourg, as part of the debate on the priorities of the Hungarian…