Daniel Badea

The Cyber Center in Bucharest could become operational by the middle of this year, and Romania will have to allocate a third of the budget devoted to digitalization through the National Recovery and Resilience Program for this project, Minister of Research, Innovation and Digitalization Ciprian Teleman told a speciality conference on Friday.

The local capital market has evolved nicely both in terms of liquidity and of the value of the listed companies, president of the Bucharest Stock Exchange (BVB) Radu Hanga told a news conference today dedicated to the 10th anniversary of the listing of Fondul Proprietatea (FP).

The Romanian Civil Aeronautical Authority (AACR) officially welcomed today into service the new Beechcraft Super King Air 350 plane in a ceremony organized at the 'Henri Coanda' International Airport of Bucharest which was also attended by US ambassador to Romania Adrian Zuckerman.

State-owned companies need to be massively reformed and only those people with whom the reform should be carried out, Minister of Economy, Entrepreneurship and Tourism Claudiu Nasui told on Thursday evening private TV broadcaster Antena 3. "I know dignitaries who were not present in any Board of Directors. Even I was a councilor and I was not present in any Board of Directors.

Investment promotion remains a priority for Romania, and particular importance will be attached to using European funds, Finance Minister Alexandru Nazare stated during a discussion held today with European Commission Vice President Valdis Dombrovskis, the Finance Ministry said in a release.

The volume of construction works has increased by 3.4 pct as a brute series in October over the previous month and by 19.5 pct compared to the similar period of last year, shows the data published, on Wednesday, by the National Institute for Statistics (INS).

The EU's Cyber Center in Bucharest will initiate and run numerous European-funded programs and projects and will be a catalyst for cybersecurity innovation, research and collaboration for member states, Dan Cimpean, General Director of Romanian National Computer Security Incident Response Team (CERT-RO).

The wholesale trade turnover increased by 4 pct in the first half of this year compared to the same period in 2019, the most important contribution to this increase coming from wholesale trade in raw agricultural products and live animals, according to data published on Friday by the National Statistics Institute (INS).

The current account of the balance of payments registered a deficit of EUR 3.497 billion in the first six months of the year, compared to EUR 4.373 billion in the same period of 2019, shows data from the National Bank of Romania (BNR) published on Thursday.

As of June 15, banks had granted loans to the amount of 4 billion lei under the IMM Invest programme, and this week the one billion euro equivalent mark will be passed, Cristian Paun, chairman of the Board of Directors of the National Credit Guarantee Fund for Small and Medium-Sized Enterprises SA - IFN (FNGCIMM SA - IFN), said on Wednesday.