CEEMarketWatch

Press mood stories for Romania

Jun 15, 2018 06:15GMT, Romania, CEEMARKETWATCH.
Two mayors excluded from PNL for participating in PSD rally (Gandul)
BNR wants to lower indebtedness threshold to 35%. Who can get loans? (Gandul)
[President] Iohannis against CCR law on conflict of interest and incompatibility of local government officials (Gandul)
[BNR governor] Isarescu worried that housing [prices] in Bucharest are growing too fast (Capital)
Romanians optimistic about EU economy, pessimistic when it comes down to national one (Capital)
A famous prosecutor wants to file a criminal complaint against Dragnea (Romania Libera)
[Justice minister] Toader on CSM proposal [about prosecutors’ status]: Laws have been voted (Romania Libera)
Did Iohannis succumb to Dragnea? Five explosive scenarios on the appointment of new director of intelligence (Evenimentul Zilei)
PSD puts ashes on its head after Halep blunder (Adevarul)
[BNR governor] Isarescu doesn’t want to kill lending, but find an “adequate doseage” (Ziarul Financiar)
Jun 14, 2018 05:02GMT, Romania, CEEMARKETWATCH.
Banks’ interest income grows by 17.3% y/y to RON 3.8bn in Q1 (Ziarul Financiar)
De’Longhi: Cluj factory is strategic for Europe (Ziarul Financiar)
Romanians spend EUR 1bn abroad in first four months this year (Ziarul Financiar)
How banks manage to make RON 1.77bn record profit in Q1 2018 (Ziarul Financiar)
Michelin boosts sales over RON 2.5bn, but profit halves (Ziarul Financiar)
PSD’s judicial experts cannot agree on possible president’s impeachment (Adevarul)
Govt approves “Invest in you” programme that offers state guarantees on zero-interest loans contracted by young (Adevarul)
PSD prepares new criminal complaint against president (Gandul)
Dumitru, Fiscal Council: “Invest in you” programme breaches NBR regulation (Bursa)
Former justice minister accused of abuse (Bursa)
Senate approves modification of procedural criminal code (Curierul National)
Govt approves EUR 50mn state aid for movies production (Evenimentul Zilei)
Jun 13, 2018 05:44GMT, Romania, CEEMARKETWATCH.
Industrial production grows by 4.6% in Jan-Apr, growth halves compared to 2017 (Ziarul Financiar)
Manpower: One in four employers to hire in following three months (Ziarul Financiar)
Inflation hits new high in May: 5.4% (Ziarul Financiar)
Iohannis can avoid dismissing DNA’s Kovesi without breaching CCR’s ruling (Adevarul)
Canadian CGI opens first consultancy centre in Romania and hires 300 people (Adevarul)
IMF recommends Romania to diminish First Home programme stimulus (Adevarul)
NBR wants to reduce DTI ratio to 35% (Gandul)
PSD seniors on President Iohannis: He is slow-reader. We expect him to implement CCR ruling or we will impeach him (Gandul)
[Justice Minister] Tudorel Toader is member of Venice Commission (Gandul)
Iohannis after receiving Venice Commission delegation is more optimistic (Bursa)
EU funds minister: There are delays in absorption for road and railway infrastructure (Bursa)
Administrative code passes senate: One step from political bias in administration (Bursa)
Former CCR president: A CCR ruling cannot be object of referednum (Romania Libera)
Patrone, EBRD: Romania needs economic model based on innovation (Romania Libera)
Jun 12, 2018 04:15GMT, Romania, CEEMARKETWATCH.
BAT prepares to manufacture reserves for electronic cigarettes in Ploiesti in a EUR 400mn production unit (Ziarul Financiar)
Merchandise exports increase by 9.7% in Jan-Apr, almost same pace as imports (Ziarul Financiar)
Retailers mostly purchase fruits and vegetables from import (Ziarul Financiar)
[Former president] Basescu says only solution for Iohannis is a referendum (Adevarul)
Finance minister does not agree to publish list of debtors to tax authority (Adevarul)
Romania risks being left without cheap medicines (Gandul)
[Senate’s head] Tariceanu does not exclude governmental ordinance on criminal code approval (Gandul)
USA to replace Hans Klemm Ambassador in Romania (Bursa)
Demographic decline continues (Bursa)
PNL to file no-confidence motion against govt on June 20 (Romania Libera)
[Finance minister] Teodorovici: Banks will become partners for local business when will ease lending conditions (Romania Libera)
PNL counts on Dragnea being convicted for crushing government (Evenimentul Zilei)
Jun 11, 2018 04:53GMT, Romania, CEEMARKETWATCH.
Number of jobless registrations is at historical low; companies look for employees in every corner (Ziarul Financiar)
Why work in private companies when state pays better? (Ziarul Financiar)
PSD leader Liviu Dragnea brings 180,000 people in street to show off his power (Ziarul Financiar)
Over 70% of USD bonds sold by Romania for USD 1.2bn go to UK, USA investors (Ziarul Financiar)
Foreign minister must explain today to parliament decision to move embassy to Jerusalem (Adevarul)
Venice Commission delegation arrives today in Bucharest (Adevarul)
Dragnea says Romania’s external partners finance “parallel state” (Adevarul)
[Former president] Basescu says he made “parallel state”, but Dragnea cooperated with it (Gandul)
PSD wants to kick off a mayor who criticises meeting in capital city (Gandul)
Justice laws under Venice Commission assessment (Bursa)
Kaufland Romania continues EUR 1mn NGOs financing programme (Curierul National)
[Dyes factory] Policolor builds new unit in Bucharest (Curierul National)
Liviu Dragnea: That is a small gathering, next one will be huge (Romania Libera)
Govt to sell securities to population as of next week (Romania Libera)
Dragnea threatens Iohannis with impeachment (Evenimentul Zilei)
Jun 08, 2018 05:07GMT, Romania, CEEMARKETWATCH.
Labour market faces severe competence shortage (Ziarul Financiar)
Industry and retail slow down significantly in Q1 (Ziarul Financiar)
Sovereign Investment Fund to be under political management for one year and half (Ziarul Financiar)
Saga finally ends: Transgaz accept state’s dividend proposal (Ziarul Financiar)
[Opposition] PNL Orban: CCR is ruled by toxic majority (Adevarul)
Iordache commission mutilates criminal codes and sends them for approval to CoD (Adevarul)
New residential complex is announced in northern Bucharest (Adevarul)
[CCR judge] Livia Stanciu: Govt has no legal right to dismiss chief prosecutor (Gandul)
PSD senior announces more than 150,000 participants to PSD meeting on Saturday (Gandul)
President does not act constitutionally in Kovesi dismissal, says CCR (Bursa)
Finance minister wants to generalise reverse taxation (Bursa)
Govt withdraws request to UNESCO on [gold exploitation] Rosia Montana (Curierul National)
Ruling in PSD’s Dragnea trial is expected today (Romania Libera)
Former CSM chairman says president must obey CCR decision (Romania Libera)
CCR: Justice minster has discretionary right on prosecutors (Romania Libera)
Romania to export gas to Bulgaria, Moldova Republic (Romania Libera)
Apartment prices keep increasing (Evenimentul Zilei)
Jun 07, 2018 04:15GMT, Romania, CEEMARKETWATCH.
Borsec shareholders prepare EUR 30-40mn investment in water, juice and beer brands (Ziarul Financiar)
Old apartment prices keep increasing and reach 8-year maximum (Ziarul Financiar)
Parliament approves setup law for Sovereign Development and Investment Fund (Ziarul Financiar)
[Opposition] PNL: PSD wants to spend money of FSDI by going around rules, without public auctions (Adevarul)
Tax authority starts foreclosure on individuals (Adevarul)
Saturday, day of street meetings in Bucharest (Gandul)
Finance minister: We spend enormous amounts in administration (Gandul)
Finance minister proposes to tax abroad remittances that exceed EUR 10,000 (Bursa)
Finance minister criticises bank’s fees and interests (Bursa)
Romanians still trust Europe (Curierul National)
IMF: Romania’s economy is overheating, deficit widens (Romania Libera)
Romania to eliminate bearer shares from legislation (Romania Libera)
WB opens EUR 400mn credit line for natural disasters for Romania (Romania Libera)
Final vote for home prison in parlaiment (Evenimentul Zilei)
Jun 06, 2018 04:35GMT, Romania, CEEMARKETWATCH.
Romania loses EUR 1.6bn annually due to counterfeit products (Ziarul Financiar)
Finance ministry wants to borrow from population again (Ziarul Financiar)
Finance minister blames households for disastrous economic situation (Adevarul)
Another mall to be opened in Bucharest (Adevarul)
Eurostat: Romania, strongest consumption growth in April (Adevarul)
[Former minister] Elena Udrea is sentenced to 6 years in prison in corruption file (Gandul)
Anti-government protest is announced simultaneously with PSD’s manifestation (Gandul)
Analyst: Pillar II to disappear if it becomes optional (Bursa)
President Iohannis does not understand PSD’s protest grounds (Bursa)
Bucharest becomes capital of protests (Curierul National)
[Former PM] Ciolos hopes to launch his party this autumn (Romania Libera)
CCR rules: Official Gazette remains under govt’s authority (Romania Libera)
[Opposition] PNL holds meeting to discuss cabinet crush strategy (Evenimentul Zilei)
Jun 05, 2018 04:06GMT, Romania, CEEMARKETWATCH.
Coca-Cola Romania makes record high profit: RON 337mn, 15% margin (Ziarul Financiar)
Romania, dreamland for Samsung: sales at EUR 925mn, 6.7% profit margin (Ziarul Financiar)
Restructuring in banking sector ends: in Q1 2018 banks hire 655 people and open 3 branches (Ziarul Financiar)
Analysts believe PSD aims to tax remittances from abroad (Ziarul Financiar)
IKEA opens new store and hires hundreds of people (Adevarul)
Oltchim wants to sell 3 chemical plants, does not reveal price (Adevarul)
[PSD leader] Dragnea confirms protest on June 9, same day as gay parade (Gandul)
Huge scandal in senate: opposition USR leaves room accusing PSD’s abuse in voting a law three times (Gandul)
PSD talks more and more about president’s impeachment (Bursa)
Two opposition MPs move to junior ruling ALDE (Romania Libera)
Shocking scenario: DNA’s chief prosecutor may become CCR judge (Evenimentul Zilei)
Former intelligence head denies secretly meeting with DNA’s chief prosecutor (Evenimentul Zilei)
Jun 04, 2018 04:23GMT, Romania, CEEMARKETWATCH.
Domestic economy’s new star: Daimler grows five times in one year and jumps above EUR 1.6bn with its gear boxes factory in Sebes (Ziarul Financiar)
WB: Romania’s GDP per capita increases to USD 26,500 in 2018 (Ziarul Financiar)
State’s investment seems to rebound after four years on decline (Ziarul Financiar)
State bans bearer shares (Ziarul Financiar)
[Commissioner] Corina Cretu denies rumours about being proposed for PM position (Adevarul)
Over one third of logistic parks demand is in western regions (Adevarul)
Romanians must report remittances from abroad (Gandul)
Govt starts recalculating pensions (Curierul National)
Protests against CCR decision continue in Victoria Plaza (Curierul National)
Romania imports dairies and eggs worth EUR 84.8mn (Romania Libera)
PNL will back president in his decision regarding [DNA’s chief prosecutor] Kovesi (Romania Libera)
Warning: Dancila cabinet is hard to crush (Evenimentul Zilei)
May 31, 2018 05:17GMT, Romania, CEEMARKETWATCH.
Government chops up stock exchange with declarations regarding Pillar II (Ziarul Financiar)
Bosch mulls expansion of local factory but also other new production units (Ziarul Financiar)
Govt wants to grant loans without interest to young, but that may lead to higher school fees (Ziarul Financiar)
Romania and Bulgaria, only Eastern Members in EU that do not lose money in 2021-2017 allocation (Ziarul Financiar)
How CCR gets to decide [DNA’s chief] Kovesi’s dismissal (Adevarul)
CCR may rule on president’s appeal on public administration law today (Adevarul)
[Senate’s chairman] Tariceanu says DNA’s chief should resign after CCR ruling (Gandul)
Pro-govt public gathering to be organised in same day with gay parade (Gandul)
[Former president] Basescu on CCR decision regarding Kovesi: A rare wickedness which pulls back justice to 2004 (Gandul)
PM Dancila: We have money for paying wages, pensions (Bursa)
Dancila: Agriculture is strategic field for Romania (Bursa)
Judge: President can still refuse to dismiss DNA’s chief prosecutor (Curentul)
Justice minister: Iohannis has time to think until CCR publishes its decision. Afterwards he breaches or not Constitution (Romania Libera)
Farmland sale regulation may be decided through referendum (Romania Libera)
Earthquake in justice: CCR orders president to ink Kovesi’s discharge (Evenimentul Zilei)
May 30, 2018 04:58GMT, Romania, CEEMARKETWATCH.
Service exports exceed EUR 5bn in Q1, up by 9% y/y; imports double (Ziarul Financiar)
Petrom resumes operations at Petromidia refinery after 6 weeks on hold and EUR 45mn costs (Ziarul Financiar)
Auto spare parts producer Takata is searching for 650 workers for its two factories (Ziarul Financiar)
Dragnea takes from Basescu to restore parliamentary majority (Adevarul)
Labour minister Olguta Vasilescu: Pillar II not to be nationalised, but to become optional (Adevarul)
President Iohannis receives Prince Charles in official visit today (Gandul)
Public gathering for cabinet support, probably on June 9 (Gandul)
Number of insolvencies increases by 17% (Bursa)
Overdue payments on bank loans decrease (Bursa)
Decisive day for [DNA’s chief] Laura Codruta Kovesi (Romania Libera)
Basescu and PNL negotiate on no-confidence motion against PSD-led cabinet (Romania Libera)
PNL to file simple motion against finance minister (Evenimentul Zilei)
May 29, 2018 05:23GMT, Romania, CEEMARKETWATCH.
NPLs rate goes down towards 6% (Ziarul Financiar)
Lidl launches technology start-up in Bucharest with EUR 10mn investment (Ziarul Financiar)
Infringement is just a pretext to mutilate justice laws (Adevarul)
Betrayal is only argument to denigrate PSD members who joined Victor Ponta (Adevarul)
Hot week for PSD-ALDE: Dragnea’s trial, changes to criminal code and stopping members to join Ponta (Adevarul)
Romania keeps spending more that it can afford (Adevarul)
[Bucharest mayor] Firea announces government support gathering (Gandul)
Firea says 7 MPs prepare to join PSD (Gandul)
Pro Romania represents opposition to [PSD leader] Dragnea (Bursa)
Sentence in Dragnea’s corruption trial is expected today (Romania Libera)
Romania records strongest growth of fuel prices in Europe (Romania Libera)
‘Rats’ scandal explodes in PSD, Ponta aims to break majority (Evenimentul Zilei)
May 25, 2018 05:31GMT, Romania, CEEMARKETWATCH.
Romanian medicines market jumps above RON 14bn, up by 9% in 2017 (Ziarul Financiar)
Govt wants only Court of Accounts to check up public procurements and only after contract is inked (Ziarul Financiar)
PM Dancila wants EUR 1.1bn republican hospital with a mall and at least 2,000 rooms hotel (Ziarul Financiar)
Romania records strongest increase of purchasing power in EU in 2017, but remains way below European average (Ziarul Financiar)
Finance minister: Pensions to increase by 10% as of July (Adevarul)
Huge fines for retailers that do not use electronic cash registers (Adevarul)
General Prosecutor office accuses DNA of using false evidence in extradition request (Gandul)
[Former president] Traian Basescu to withdraw from politics (Gandul)
Strong industrial growth in March does not continue in April (Bursa)
Foreign investors start relocating to neighbouring countries due to labour shortfall (Curierul National)
Record number of Romanians in UK (Evenimentul Zilei)
May 24, 2018 05:29GMT, Romania, CEEMARKETWATCH.
Unstoppable disaster: Romania loses 140,000 people annually, almost EUR 2bn in terms of wages (Ziarul Financiar)
Property Fund: Do not bury Pillar II! Capital market future depends on its integrity (Ziarul Financiar)
[Former PM] Ponta lures other PSD MPs in his group (Adevarul)
Govt to modify public procurement law (Adevarul)
EC criticises Romania’s economic policies, has doubts regarding justice reform (Gandul)
[DNA’s chief] Kovesi complains to UN about fake news attack on anti-graft in Romania (Gandul)
Big challenge of new tax system is its implementation (Bursa)
PM Dancila: Govt wants to make agriculture an economic growth driver (Bursa)
Bosh records strong growth in Romania (Curierul National)
[Justice minister] Toader criticises protocol agreements between prosecutors and intelligence (Romania Libera)
Fire wood war: MPs want to change forestry code (Romania Libera)
Govt prepares new revolution with radical changes in public procurement (Evenimentul Zilei)
May 23, 2018 05:17GMT, Romania, CEEMARKETWATCH.
Ford brings second SUV in Craiova factory, may double production (Ziarul Financiar)
Controversy around Pillar II persists: govt tries to increase contributions because it does not have money to pay pensions (Ziarul Financiar)
Lack of skills, talent threaten companies – study (Ziarul Financiar)
Romania destroys Pilar II using Hungary’s model (Adevarul)
Finance minister replies to president: There is no risk related to pensions and wages payment this year (Adevarul)
[Senate’s chairman] Tariceanu is acquitted in false testimony trial, ruling is not final. DNA asks 3 years prison (Gandul)
Another MP resigns from PSD (Gandul)
AmCham: Romania needs investment plan (Bursa)
Deloitte: Romania will no longer be tax attractive for investors (Bursa)
Pillar II scandal stirs tension inside ruling coalition (Romania Libera)
President asks govt: Do you still have money to pay wages and pensions this year? (Romania Libera)
Commissioner Corina Cretu warns on weak EU funds absorption (Evenimentul Zilei)
May 22, 2018 04:03GMT, Romania, CEEMARKETWATCH.
NPLs pressure eases. Big banks clean up books in Q1 2018 (Ziarul Financiar)
Very profitable state company, Romgaz, increases wages by 9% (Ziarul Financiar)
President Iohannis refuses to comment on criminal complaint filed by opposition Orban against PM (Adevarul)
Each employee may have to back 2.5 pensioners in 15 years (Adevarul)
Iohannis summons govt to give up ideas regarding Pillar II (Adevarul)
PM Dancila announces she will not put an end to Pillar II (Gandul)
Number of vacant jobs increases in Q1 (Gandul)
Jobless young may benefit from state guaranteed loans (Bursa)
Civic fund finances democracy consolidation in Romania (Curierul National)
[Opposition PNL] Orban: We start working on a strategy to file no-confidence motion (Romania Libera)
Electricity price on free market doubles in past two weeks (Romania Libera)
May 21, 2018 05:45GMT, Romania, CEEMARKETWATCH.
Big banks look better in Q1 2018 with double-digit profit growth (Ziarul Financiar)
Mercedes-Benz Romania, with EUR 446mn sales, has biggest hiring plans in past 10 years (Ziarul Financiar)
Economic growth slowdown may postpone NBR’s monetary policy tightening (Ziarul Financiar)
PNL shakes hand with PSD again; 12 Liberal MPs vote with PSD on changing ANI law (Adevarul)
PM Dancila meets Commissioner Corina Cretu to discuss EU funds absorption (Adevarul)
Private pension association asks government to keep Pillar II unchanged (Adevarul)
PSD-ALDE coalition aims to suspend contribution to Pillar II (Gandul)
Government prepares new state aid scheme for young (Gandul)
Globalworth lists second bonds issue on BSE (Bursa)
EU Commissioner confirms public procurement regulations are in accordance with EU directives (Curierul National)
AgriMin aims to spend EUR 26.5mn for re-building national irrigation system (Curierul National)
PSD wants public gathering in support for PM Dancila (Romania Libera)
Start-Up National programme may benefit from RON 2bn financing in 2018 (Romania Libera)
Romanian officials ask Brussel to guarantee steel mill ArcelorMittal will not close after sale (Evenimentul Zilei)
May 18, 2018 04:05GMT, Romania, CEEMARKETWATCH.
Investors bet on seaside after tens of million euro investments in accommodation (Ziarul Financiar)
KPMG: Romania has among highest taxes on small wages (Ziarul Financiar)
Healthcare minister: Wage growth in healthcare cannot eradicate small briberies until patients stop giving (Ziarul Financiar)
Petromidia refinery records operational loss. Result is saved by favourable fx developments (Ziarul Financiar)
[Junior ruling ALDE leader] Tariceanu about criminal complaint against PM: It is an element proving craziness stage (Adevarul)
Civil servants are better paid than private sector employees (Adevarul)
EC confirms refusal to meet with Deputy PM Stefan (Adevarul)
DIICOT’s chief prosecutor keeps job for 6 more months (Gandul)
[President] Iohannis calls again consultations on justice laws (Gandul)
BRD makes EUR 1bn from factoring operations last year (Bursa)
Pillar II pensions enter foggy area (Curierul National)
PSD Dragnea says Iohannis tries coup d’état by making PNL to file criminal complaint against PM (Romania Libera)
Romania records strongest fall of construction works in EU in March (Romania Libera)
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