Mariana Nica

Continental has started works to expand the research and development center in western Timisoara, the planned investment in the new building being 33 million euro, according to a release of the company sent, on Tuesday, to AGERPRES. The building was designed for a capacity of over 1,700 seats, as well as a complete area for testing and validation of products of the company.

The Chamber of Commerce and Industry of Romania (CCIR) and the company Iulius propose a large project in the area of the exhibition centre Romexpo, the value of the investment being estimated at 2.87 billion euros, a release by the CCIR informs.

Romanian managers estimate for the next three months a relative stability of activity in construction and retail trade, a moderate decrease in the number of employees in construction, retail trade and services as well as price raises, according to the findings of a trend survey published on Thursday by the National Institute of Statistics (INS).

Romanian air transport company TAROM introduces on Tuesday flights from Bucharest to Rome and Milan and back, according to an announcement on its Facebook page.

In Romania, there are 1.6 million hectares of drought-stricken agricultural crops, 941,000 of which have already been checked, Agriculture Minister Adrian Oros said Monday at a news conference. "Regarding the reports of damage, from the notifications made by the farmers, there are 1.6 million hectares stricken by drought, of which 941,000 hectares have been verified so far.

The government approved an emergency ordinance on Thursday to support large energy consumers, this being an amendment to the ordinance that allowed the support of 15 branches of industry, said on Thursday the Minister of Economy, Energy and Business Environment, Virgil Popescu, at the end of the government meeting.

It's the first time in history when fiscal and monetary policy work nearly perfectly, stated, on Monday evening, at private broadcaster B1TV, the Minister of Public Finance, Florin Citu, mentioning that the message given by the National Bank of Romania (BNR) is very important. "Besides the relaxed fiscal policy we now have another impulse.

The PNL (National Liberal Party) government works on a strategy to bring DIaspora back home by raising the net salary in the agricultural sector up to 3,000 lei, the Minister of Agriculture, Adrian Oros, stated on Monday, at the debate on the simple motion of censure submitted by the PSD (Social Democratic Party), ALDE (Alliance of Liberals and Democrats) and affiliates of the social democratic

Budget revenues in May will not look very good, so fiscal and monetary policies need to be relaxed even more, so that revenues in June are very good, the Minister of Public Finance Florin Citu said on Friday to the private TV broadcaster Digi 24. "In April, in the midst of an overlapping crisis, both economic and health, we managed to collect more to the budget than last year.

The President of the National Council of Small and Medium-sized Private Enterprises in Romania (CNIPMMR), Florin Jianu, stated on Thursday that the Export Promotion Program should move from the classic fairs, exhibitions, to the online area, and in terms of supporting domestic tourism, "we can talk about a Romanian brand for attracting tourists".