A new petition to stop Brexit has raised 3 million signatures in less than 48 hours
A petition calling for the revocation of Article 50 and for Britain’s remaining in the European Union has raised three…
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General Interest
A hard Brexit to cost Romania 413 mln. euro anually
A new study by Bertelsmann Foundation in Germany says that Romania would lose about 413 million euro annually, in a…
Conpet will provide shareholders 90% of the profit and additional dividends
The shareholders of Conpet are summoned on April 23 to approve the distribution of dividends amounting to 59.24 million lei,…
Brexit postponed, but no later than May 22nd
The European Union has accepted Britain’s request to postpone Brexit, but only for a maximum of one month, until May…
PwC, ARB: We have the lowest degree of financial intermediation, ROBOR has evolved in resonance with inflation
Romania has the lowest degree of financial intermediation in the European Union, with a value of 25.7% in 2018, three…
OMV Petrom and Exxon have new proposals for the gov’t
OMV Petrom and Exxon do not want to be subject to the financial tax provisions of the Offshore Law, OUG…
Over the last five years, 50 new laws have been adopted that have adversely affected investments
In the last five years, approximately 50 new laws have been adopted, which have increased the level of unpredictability of…
Dacia to launch the e-version of Duster, its SUV
Renault’s budget brand, which is based in Romania, which has proved a hit on many European markets, simply thanks to…
Romanians bought about 650 green cars in January and February
The number of green cars bought in Romania in the first two months of the year reached 649, up by…
Isarescu: Entry into the Eurozone is no longer a panaceum; if we go unprepared, the problems get worse
Governor of the National Bank of Romania, Mugur Isarescu, said that joining the Eurozone is no longer a panaceum, and…
Merkel says Germany needs e-cars for 2030 climate goal, faces “tough decisions”
Germany needs e-mobility to reach its 2030 emissions reduction targets in transport, Chancellor Angela Merkel said, according to Suddeutsche Zeitung.…
ICAP: EU ETS price at about 16 euro in 2018, revenues collected at 14 billion euro
The total revenues collected in the EU by the Emissions Trading System in 2018 was of 14.2 billion euro, reveals…
Foreign direct investment rose by 88.5% in January
Foreign direct investment grew by 88.5% in the first month of this year to 362 million euro, compared with 192…
Teodorovici: The final form of GEO 114 will be discussed at coalition level
By the end of March, the Government Emergency Ordinance 114 will be amended and there is no impediment until then…
Mark Davis is the new EBRD director for Romania, investments to rise
A high level EBRD delegation led by Jurgen Rigterink, First Vice President, and Alain Pilloux, Vice President, Banking, arrived in…
Mergers and acquisitions in the European energy sector increase 2.5 times – EY
Global energy and utilities’ trading activity reached a record high in 2018, a 28% increase in total transaction value to…
Alro Slatina shares, included in the BET main index as of today
Alro Slatina (ALR) today marks more than 21 years of presence at the Bucharest Stock Exchange (BVB) by entering the…
Petrom inaugurates the 65 mln euro poli-fuels plant at Petrobrazi
Petrom will open by the end of the month the plant which converts petroleum gas into gasoline and diesel, on…
Project: The United States could allocate a billion dollars to Eastern Europe
A Republican Congressman has tabled a bill that, if adopted, will require the US Government to engage, financially and diplomatically,…
Bitcoin’s energy consumption equalled that of Hungary in 2018
Bitcoin miners consumed as much as energy in 2018 as Hungary, according to Alex de Vries. The researcher at the…
Continental Romania invests 240 mln euro in 2018, eyes urban mobility projects
Automotive parts supplier Continental Romania said on Thursday it has invested 240 million euro ($271 million) in 2018 and will…
Energy Strategy: Romania needs 15-30 bln euros in energy investment by 2030
Romania’s energy sector needs as much as 30 billion euros ($34 billion) of investment in power, oil and gas production,…
Szijjártó: Hungarian firms have signed contracts with ExxonMobil and OMV
Hungarian Foreign Minister Péter Szijjártó said on Thursday in Târgu Mureş that Hungary wants to buy natural gas from Romania,…