Andreea Marinescu

Romanian, Moldovan central banks sign new Cooperation Agreement

The main and enduring message of the National Bank of Romania (BNR) for the National Bank of Moldova is that of a sustainable and robust partnership, BNR governor Mugur Isarescu said on Friday at the signing ceremony of the new Cooperation Agreement between the Romanian and the Moldovan central banks.

Hospitality industry 2020 numbers: 35 pct plunge in turnover, 19 pct fall in headcount

The turnover of the hospitality industry plunged 35 percent in 2020 from 27.5 billion lei in 2019 to 17.9 billion lei as a result of the pandemic, shows a survey by the platform based on the financial statements reported by Romanian companies.

Transelectrica and University Politehnica of Bucharest to set up first integrated digital lab in Romania

The National Company for Energy Transport Transelectrica and the University Politehnica of Bucharest (UPB) have signed a partnership through which they will establish and operationalise DigiTEL, the only integrated digital laboratory in Romania, for testing future technologies from the energy sphere, the company informs.

IFC invests in RBRO green bonds to promote climate finance in Romania

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is investing RON 293.5 million (the equivalent of approximately $72 million) in RON-denominated senior non-preferred bonds placed by Raiffeisen Bank SA (RBRO), IFC said in a statement on Monday.

EnerMin Popescu: Romania is officially member of International Energy Forum

Romania is officially a member of the International Energy Forum (IEF), the confirmation having been received Monday, the Energy minister Virgil Popescu wrote on Monday on his Facebook page. "Romania is officially member of the International Energy Forum (IEF)!

Investments in real estate market down by 50 pct in first quarter (report)

The volume of investments on the real estate market of Romania was around 74 million euro in the first quarter of this year, by approximately 50 pct less than in the similar period of last year, yet estimates for the entire year indicate an investment volume of over 700 million euro, according to Bucharest City Report Q1 2021, carried out by JLL.

First integrated Circular Economy Center in Romania becomes operational in Bucharest

The first integrated Circular Economy Center in Romania, with the main objective of supporting the needs of people in difficulty, was opened on June 1 in Bucharest, informs the initiator of the project, the Eco-Sustainable Association, in a press release sent to AGERPRES on Wednesday.

EnviMin Tanczos: Blaze-hit waste incinerator in Brazi had its activity suspended since January

Eco Burn SRL, the waste incinerator based in Brazi, Prahova County, where a violent fire broke out this night, had its plant shut down since January due to the suspension of the company's activity, the Environment Ministry informs on its Facebook page after the visit of Minister Tanczos Barna to the site.

April's arrivals in Romania's tourist accommodation establishments 26.6 times higher YoY

Arrivals in tourist accommodation establishments this April were 26.6 times higher YoY, while overnight stays in such facilities were 18.9-fold the number in the year-ago period, the National Institute of Statistics (INS) said on Wednesday. Arrivals in tourist accommodation establishments totaled 448,900 and Romanian tourists accounted for 94.5 percent thereof.

Industrial production prices increase by 8 pct in April

The prices of industrial production (internal and foreign market) increased by 7.9 pct in April 2021 over the similar interval of the previous year, shows the data published, on Wednesday, by the National Institute for Statistics (INS). At the same time, compared to March 2021, in April, industrial production prices increased by 1.2 pct.