After Italy, Turkey’s economy enters technical recession
Turkey, a major emerging economy once perceived as a rising star by international investors, entered a technical recession (two consecutive…
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Economics&Markets
Annual inflation rose to 3.83% in February
Consumer prices rose by 0.79% in February 2019, compared with the previous month, while annual inflation rose to 3.83%, amid…
Global partnership for artificial intelligence technologies in irrigation
Valmont® Industries, Inc., a leading global provider of engineered products and services for infrastructure and irrigation equipment for agriculture announced…
The sovereign fund will reduce budget revenues by 4.7 billion lei
The Sovereign Development and Investment Fund (FSDI) will reduce revenues to the state budget by 4.7 billion lei, according to…
New Supervisory Board at SAPE
The Ordinary General Shareholders Meeting of the of the Energy Participation Management Company (SAPE) elected five supervisors with four-year mandates…
Cosmin Marinescu explains why Iohannis rejected the budget: Excessively optimistic forecasts
The government’s macroeconomic forecasts are excessively optimistic, budget revenues are overvalued and based on promises, and spending is underestimated and…
INS: Net investment in the national economy slightly increased last year, by 0.8%
Net investments in the national economy totaled 84 billion lei last year, increasing by 0.8% compared to 2017, according to…
INS: Romania’s economy, up 4.1% in 2018
The Gross Domestic Product estimated for 2018 was of 940,477 billion RON in current prices, rising – in real terms…
Dozens of withdrawals from OPCOM markets
In January, more than 35 companies withdrew or were revoked their right to operate on the centralized energy markets managed…
Romanian-Kazakh Fund approved two projects worth 230 mln. USD
The Board of Administration of the Romanian-Kazakh Energy Investment Fund met last week on their first working meeting since the…
Romgaz Energie and Titan Power were set up, companies dedicated to state investments
Romgaz Energie and Titan Power are two companies newly set up by SAPE in partnership with Romgaz and Electrocentrale Grup,…
Competition: No deposits for wholesalers
The Competition Council regards as beneficial the initiative of the National Agency for Fiscal Administration (ANAF) to eliminate the obligation…
New regulation on the labelling of tyres gets approval in the EU Council
The EU gets one step closer to updating the new Regulation on Labeling of Tyres as the Council has adopted…
S&P confirms Romania’s rating, negative outlook contested
International rating agency S&P confirmed its BBB- foreign currency sovereign credit ratings on Romania, adding that the outlook, previously stable,…
Romania urgently needs new capacities
Romania urgently needs new capacities, State Secretary Doru Visan says, explaining that Romania has lost the installed 24,000 MW long…
EIB has financed projects worth EUR 1.3 bln. in Romania, in 2018
The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and its subsidiary, the European Investment Fund…
Fox-IT Data Diode – the highest standard in security
Production facilities being part of the national Critical Infrastructure are endangered by digital threats coming from the Internet. The uninterrupted…
Can Ukraine gain energy independence?
Last month, Ukraine announced that it had exported its own natural gas to Europe for the first time in 15…