Press mood stories for Romania

May 26, 2017 05:20GMT, Romania, CEEMARKETWATCH.
Ten real-estate developers have portfolios worth over EUR 5bn (Ziarul Financiar)
IMF says situation might be uncontrollable if fiscal relaxation continues and wages in public sector keep rising (Ziarul Financiar)
Healthcare ministry has EUR 35mn to buy vaccines (Ziarul Financiar)
Real-estate market is heating up mostly due to First Home programme (Ziarul Financiar)
Wizzair rep says Romania is one of most dynamic markets in region (Ziarul Financiar)
Former ALDE co-leader launches new political group (Adevarul)
Governor Isarescu says warning on risks of tornadoes does not aim to scare population, but to diminish damages (Adevarul)
Ruling PSD leader Dragnea says confidence in Romania’s economy is undermined by EC, IMF (Gandul)
PNL senator estimates GDP revisions of RON 20-30bn in one year (Bursa)
Liviu Dragnea warms up to run for presidency (Evenimentul Zilei)
May 25, 2017 05:17GMT, Romania, CEEMARKETWATCH.
Romanian companies have high indebtedness rate and weak management structure. Tensions persist even after crisis (Ziarul Financiar)
Modern trade marks six billionaires in euro and prepares for seventh (Ziarul Financiar)
Economy boosts banks’ money in Romania, but lending growth remains modest (Ziarul Financiar)
State cashes RON 1.9bn dividends from its controlled companies listed on local bourse (Ziarul Financiar)
Population and corporate savings increase by 10% y/y in Jan-Apr, triple pace compared to expenses (Ziarul Financiar)
Junior ruling ALDE to initiate lobby law project (Adevarul)
[State’s air carrier] Tarom receives one of two new purchased Boeings (Adevarul)
Banks in Romania have assets at RON 393.7bn in March, by 6.3% y/y higher (Adevarul)
ALDE, Tariceanu says he will evaluate ministers (Gandul)
Transport minister no longer wants to privatise Tarom (Bursa)
Vasilescu, NBR says Romania needs strategy for adopting euro (Bursa)
NBR’s chief economist: Romania drives on opposite side of road (Romania Libera)
May 24, 2017 04:38GMT, Romania, CEEMARKETWATCH.
Dacia enters new stage: Hires people to control robots (Ziarul Financiar)
KFC restaurants are close to EUR 100mn business, profit margin remains above 10% (Ziarul Financiar)
One in three Telekom mangers to lose job (Ziarul Financiar)
RON depreciation helps exporters, but trade deficit still widens (Ziarul Financiar)
Pardon law passes Senate in govt’s form (Adevarul)
[Senior ruling PSD leader] Dragnea invites UDMR to join ruling, UDMR asks special favours for minorities (Gandul)
Adopting euro has no place on public agenda (Bursa)
More than 97% of beer consumption is covered by local production (Bursa)
More firms are caught in financial blockage (Curentul)
Romanians pick more expensive products but reduce shopping volume (Curierul National)
May 23, 2017 05:18GMT, Romania, CEEMARKETWATCH.
Flights explosion: Timisoara airport marks strongest traffic growth in Q1, 70% y/y (Ziarul Financiar)
EC warns Romania to return to 1% of GDP structural deficit and to fight black labour market (Ziarul Financiar)
NBR governor recommends banks to boost lending but with prudence (Ziarul Financiar)
Capital infusions in financial sector exceed EUR 61mn in Q1, mostly in insurances (Ziarul Financiar)
Labour minister reiterates: Unitary wage law impact is RON 32bn by 2020 and RON 43bn by 2022 (Adevarul)
Pardon law may pass without debate in Senate (Gandul)
NBR governor: Banks have to regain clients’ trust, but they are no charity (Gandul)
Only 5% of collected waste reach recycling plants (Bursa)
Former PM Victor Ponta may set up new party (Evenimentul Zilei)
Forecasted drought this summer to increase prices on food (Evenimentul Zilei)
Chamber of Deputies approves govt bill saying that hospital managers can be party members (Romania Libera)
Opposition PNL wants to re-sent unitary wage bill back to labour commission (Romania Libera)
May 22, 2017 06:01GMT, Romania, CEEMARKETWATCH.
Economy desperately needs 220,000 engineers and education system delivers only 40,000 (Ziarul Financiar)
Employers offer EUR 3,000 for good IT person recommendation (Ziarul Financiar)
Companies in most liquid stock exchange index report RON 2.5bn cumulative profit in Q1, up by 160% y/y (Ziarul Financiar)
Eurobank Romania reports 78% y/y fall of net profit in Q1 (Ziarul Financiar)
Law on electing mayors in one round is again on Constitutional Court table (Adevarul)
PM announces vaccination may be mandatory (Gandul)
Authorities take no measures regarding western-eastern double standards in food (Bursa)
Policies on mandatory auto insurances increase by 5% in first day after cap elimination (Bursa)
Energy strategy does not encourage energy generation from biomass (Bursa)
President Iohannis warns on crisis in education system (Curierul National)
Delays in transposing EU directive in tobacco sector causes losses to state budget (Curierul National)
Third cabinet reshuffle raises tensions between PM and ruling PSD leader (Evenimentul Zilei)
Romania is among last in Europe at quality management (Romania Libera)
Public debt triple after crisis (Romania Libera)
May 19, 2017 05:30GMT, Romania, CEEMARKETWATCH.
Vehicles industry reaches EUR 22bn but faces more and more labour force shortage (Ziarul Financiar)
ING Bank makes RON 120 gross profit in Q1, by 22% more than last year (Ziarul Financiar)
Employers in industry create more than 26,000 jobs in past year (Ziarul Financiar)
Cold war between PM Grindeanu and ruling PSD leader Dragnea starts (Adevarul)
Insolvency decision for energy holding Hunedoara is suspended (Bursa)
FinMin rep Jiru: Romania needs RON 69bn or 8.4% of GDP financing in 2017 (Bursa)
Grindeanu wants to start negotiations for OECD membership (Bursa)
Transport ministry prepares regulations to fine Uber (Curierul National)
EC allows state aid for investments in ports, airport (Curierul National)
Opposition PNL threatens labour minister with no confidence motion if caps maternity leave allowance (Evenimentul Zilei)
Grindeanu starts taking over power in government, replaces Dragnea’s people with his own (Romania Libera)
May 18, 2017 05:17GMT, Romania, CEEMARKETWATCH.
Coca-Cola says its exports are rising and infrastructure improvement would help (Ziarul Financiar)
Raiffeisen decreases net profit by 25% in Q1 (Ziarul Financiar)
Human resources provider says Romania still can absorb easily about 1mn employees (Ziarul Financiar)
Romania has lowest inflation rate in EU in Apr (Ziarul Financiar)
Cardboard company opens new factory in Bucharest (Adevarul)
State decreases rents on social houses (Adevarul)
Special pensions may be increased as of Jul 1 (Gandul)
Construction equipment market drops by 46% last year (Bursa)
Employers are more preoccupied with employee careers and training (Curierul National)
Govt approves another mini-holiday for civil servants in June (Evenimentul Zilei)
PSD Dragnea wants to attracts UDMR in ruling (Evenimentul Zilei)
May 17, 2017 06:12GMT, Romania, CEEMARKETWATCH.
GDP grows above all estimations at 5.7% (Ziarul Financiar)
Continental Romania boosts business to EUR 2.7bn (Ziarul Financiar)
Finance ministry workers protest again against unitary law in public sector (Ziarul Financiar)
Exports in 2016: Vehicles industry carries local exports’ growth (Ziarul Financiar)
Specialists warn Romanian economy grows with one single engine: consumption (Adevarul)
Unions keep criticising unitary wage law (Adevarul)
Romania has strongest economic growth in EU in Q1 (Gandul)
Property Fund tries to sell again its stakes in subsidiaries of power group Electrica (Bursa)
Senators ask stat office chiefs to explain GDP growth prints in Q1 (Bursa)
Romanian industry needs 10,000 industrial robots in order to remain competitive (Curierul National)
Some 77% of Romanians take summer holiday (Curierul National)
Ruling coalition has lost direction (Evenimentul Zilei)
May 16, 2017 06:26GMT, Romania, CEEMARKETWATCH.
[Governor] Isarescu: Increase in RON rates is postponed but fx rate does not appreciate (Ziarul Financiar)
Banks prepare for hundreds of million euro costs related to Brexit (Ziarul Financiar)
Deloitte: State wants to apply 20% supplementary tax on oil and gas companies (Bursa)
Finance ministry workерs want to protest again tomorrow (Bursa)
Romania may become new financial ‘El Dorado’ after Brexit (Curentul)
FSA calculates new reference tariffs for mandatory car insurances (Evenimentul Zilei)
Fight for [opposition] PNL leadership starts (Romania Libera)
Isarescu: There is no more space for RON appreciation (Romania Libera)
[PSD leader] Dragnea says maternity leave allowance system must be readjusted (Romania Libera)
May 15, 2017 06:21GMT, Romania, CEEMARKETWATCH.
Silent restructuration: E.ON group releases 1,000 employees in past two years (Ziarul Financiar)
Romgaz discovers gas deposit worth USD 4bn in Buzau county (Ziarul Financiar)
Govt spends RON 90mn to bring irrigation for free to farmers (Ziarul Financiar)
WB makes top of cities where Romanians may move: Cluj, Bucharest, Timisoara (Ziarul Financiar)
[PSD leader] Liviu Dragnea is attacked from within own party again (Adevarul)
Power group Electrica ends Q1 with RON 51mn loss (Adevarul)
Nicusor Dan is re-elected leader of junior opposition USR (Gandul)
PSD leader Liviu Dragnea invites [ethnic Hungarians union] UDMR to ruling coalition (Gandul)
Energy ministry delays memorandum with Rompetrol implementation (Bursa)
Romania becomes member of Asian bank for investments in infrastructure (Curentul)
Romania should provide stimuli to remain competitive at international level (Curierul National)
Prevention law may be approved this week (Curierul National)
Nicusor Dan invites [former PM] Ciolos for key position in USR (Evenimentul Zilei)
Russians want to supply uranium to Romanian nuclear plant in Cernavoda (Evenimentul Zilei)
May 12, 2017 06:29GMT, Romania, CEEMARKETWATCH.
Petrom reports double profit in Q1 (Ziarul Financiar)
FSA has two presidents in only two years. MPs dismiss Misu Negritoiu as Authority’s head (Ziarul Financiar)
IMF: Romania to record fastest private consumption rise in region this year and next year (Ziarul Financiar)
EBRD welcomes NPLs contraction in Romania, sees more private investors. NBR estimated 5% NPLs rate in 2017 (Ziarul Financiar)
Big demand for First Home programme mortgage loans (Adevarul)
Prevention law to be approved next week (Adevarul)
EC warns wage law in public sector is significant risk for deficit (Gandul)
EBRD improves economic growth projections for Romania (Gandul)
OTE’s profit slightly drops due to difficult conditions in Greece and Romania (Bursa)
Juncker: Romania authorities must guarantee irreversibility of justice reforms (Curierul National)
Tensions inside PSD. Senator says Dragnea does not lead party (Evenimentul Zilei)
Govt’s scrappage programme starts on May 18 (Evenimentul Zilei)
Pardon law scandal strengthens power of PSD leader Liviu Dragnea (Romania Libera)
May 11, 2017 06:05GMT, Romania, CEEMARKETWATCH.
Digi marks biggest IPO of a private company in local bourse history. Banks granted loans to cover retail subscriptions (Ziarul Financiar)
Imports are boiling, merchandise trade deficit rises to EUR 2.3bn in March (Ziarul Financiar)
Apartment prices reach new high in April. Is it normal or overheating? (Ziarul Financiar)
Senators ask for govt’s pardon law (Adevarul)
PM Grindeanu does not want to cap maternity leave allowance, but expects results of required assessment study (Adevarul)
Record high number of deals with lands in Bucharest last year (Adevarul)
Switzerland restricts labour migration from Romania and Bulgaria (Gandul)
EBRD warns Romania may be affected by a hard Brexit (Gandul)
MPs want to dismiss head of Financial Surveillance Authority (Bursa)
WB nominates a Russian as new general manager for Romania (Curentul)
Lands market reaches EUR 127mn in 2016 (Curierul National)
May 10, 2017 05:08GMT, Romania, CEEMARKETWATCH.
Transporters ask govt to extend capping period for mandatory car insurance (Ziarul Financiar)
March is best month for mortgage loans, their value exceeds RON 30.5bn, by 46% y/y more (Ziarul Financiar)
PM Grindeanu says capping maternity leave benefits is under assessment (Adevarul)
Romania may be seriously affected by a hard Brexit (Gandul)
ALDE MP says govt should have more courage in front of multinationals (Bursa)
Ford Trucks opens biggest office in Europe on local market (Bursa)
Enel to install over 150,000 smart meters in 2017 (Bursa)
Energy minister: Electrica bids to buy CEZ Bulgaria (Bursa)
Jean-Claude Juncker arrives tomorrow in Bucharest to discuss with citizens (Curentul)
Tax on global income may reduce budget collections (Curierul National)
Tax authority identifies RON 119.5mn undeclared incomes of Romanians (Curierul National)
USD 3.54bn is value of M&A market in 2016 (Curierul National)
Kovesi, DNA: Fight against corruption is not over (Evenimentul Zilei)
May 09, 2017 06:20GMT, Romania, CEEMARKETWATCH.
One of biggest green field investments in past years. Turkish Yildiz Entegre invests EUR 150mn in wood factory (Ziarul Financiar)
Govt mulls capping maternity leave benefit (Ziarul Financiar)
Banca Transilvania may become country’s largest bank if takes over NBG’s Banca Romaneasca (Ziarul Financiar)
USR, PNL to appeal in court law cancelling conflict of interest concept (Adevarul)
Commissioner Corina Cretu says EU funds absorption rate is still zero half of budgetary period passed (Adevarul)
Pardon law returns to judicial commission (Gandul)
Govt increases cigarettes excise by 1% as of June (Bursa)
Apartment prices keep growing (Curierul National)
Ruling PSD keeps delaying pardon law in senate (Evenimentul Zilei)
Romania leads at tax evasion from VAT in EU (Romania Libera)
May 08, 2017 06:02GMT, Romania, CEEMARKETWATCH.
NBR Governor Mugur Isarescu: We don’t have to definitely kill fx lending (Ziarul Financiar)
IPO of telecom operator Digi is 24 times oversubscribed in retail segment; bids raise to RON 4.3bn (Ziarul Financiar)
Isarescu, NBR: We do not see loans to get expensive yet (Ziarul Financiar)
State’s airline company Tarom inks contract to buy two aircrafts (Adevarul)
Govt endorses positively wage law in public sector but has several observations (Gandul)
Govt mulls implementing new transparency requirements for banks in clients’ advantage (Gandul)
Govt may extend imposed cap on mandatory car insurance policy (Bursa)
USR protests against ruling secretly abandoning law banning shale gas exploitation (Curentul)
Agriculture ministry starts controlling fruits and vegetables in Romanian markets (Curierul National)
May 05, 2017 06:01GMT, Romania, CEEMARKETWATCH.
Deloitte to hire 800 more people in three years (Ziarul Financiar)
Analysts: NBR to keep policy rate at 1.75% in May again (Ziarul Financiar)
Governor Isarescu: Question is not if we adopt euro, question is when. There are pressures on budget deficit (Ziarul Financiar)
Protests’ effects: PSD no longer pardons corrupts (Adevarul)
PSD Liviu Dragnea cannot be PM. CC rejects Ombudsman appeal (Adevarul)
Romania is among EU countries where carbon emissions decrease (Adevarul)
Pardon law raises tensions inside ruling PSD (Gandul)
Energy minister expresses discontent with Hidroelectrica’s delay in investments, listing (Bursa)
Construction sector rep: Lack of infrastructure projects to drag down construction sector (Bursa)
Romania’s wheat exports increase by 111% in first months of this year (Curentul)
Only two social contributions paid by employers as of 2018 (Curierul National)
Romania wastes billions on university graduates who leave country to work abroad (Cotidianul)
Former environment minister Daniel Constantin is excluded from junior ruling ALDE (Romania Libera)
May 04, 2017 06:37GMT, Romania, CEEMARKETWATCH.
Financial intermediation is at last decade low (Ziarul Financiar)
Investigation at state’s freight railway company; several managers are accused of embezzlement (Ziarul Financiar)
New rules for online trade (Ziarul Financiar)
Energy minister: I will evaluate managers on investments made (Ziarul Financiar)
USR to oppose amendments at pardon bill favouring corrupts (Adevarul)
Romanians and savings: Low interests encourage spending (Adevarul)
Romania does not make money from tourism due to poor infrastructure (Gandul)
Pardon bill strikes back (Bursa)
Energy minister says there are no money to extend lifetime of first nuclear reactor (Bursa)
May 03, 2017 05:29GMT, Romania, CEEMARKETWATCH.
Vienna Initiative is just a memory. Parent banks halve financing to local subsidiaries since crisis started, about EUR 15bn exit (Ziarul Financiar)
Labour market looks for ITC engineers, universities deliver graduates in law and business (Ziarul Financiar)
Gas transmission company Transgaz becomes ‘party company’; politicians hire wives (Adevarul)
State-controlled chemical plant Oltchim increases profit by 75% (Bursa)
State becomes best employer after wage hikes (Bursa)
VAT registration procedure in Romania is among most laborious worldwide (Curierul National)
Real-estate rep: Building prices to rise by up to 10% by yearend (Curierul National)
Management of freight railway CFR Marfa arrested for damaging company’s interests (Evenimentul Zilei)
May 02, 2017 05:08GMT, Romania, CEEMARKETWATCH.
Foreign retail networks eat up 25% market share of small retailers (Ziarul Financiar)
Telekom’s chief to discuss with unions restructuring plant that affects hundreds of employees (Ziarul Financiar)
Office buildings to bring EUR 17mn to Bucharest budget (Ziarul Financiar)
Trend reversal. Yields on state securities drop in Apr for most maturities after ascending tendency in Q1 (Ziarul Financiar)
Romania’s energy giants transform in party companies (Adevarul)
Two regions in Romania have among longest-term jobless in EU (Adevarul)
Ruling PSD does not renounce minimum guaranteed income, wants single tax cut to 10% (Gandul)
EUR/RON rate may reach 4.8 in May (Bursa)
PSD sources say [PSD leader] Dragnea will run for leadership in 2019 (Evenimentul Zilei)
State’s railway passenger transport company is unable to exit crisis even if number of passengers rises (Evenimentul Zilei)
Number of Bulgarian tourists visiting Romania in March jumps by 25% (Romania Libera)
Apr 28, 2017 06:01GMT, Romania, CEEMARKETWATCH.
RCS&RDS share are for sale as of today until May 10 (Ziarul Financiar)
Romania has lowest number of new unemployment registrations in past decade (Ziarul Financiar)
[PSD leader] Dragnea says PSD may renounce zero VAT on real-estate (Ziarul Financiar)
Economy ministry mulls cooperation with one of global leaders in defence Raytheon (Adevarul)
Junior ruling ALDE’s leader wants to give up minimum guaranteed income (Gandul)
Rapeseed is start crop in 2017, prices to decrease (Curierul National)
Number of companies important for economy is falling each year (Romania Libera)
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