Mariana Nica

Cartel ALFA: Swedish appliance producer Electrolux threatens to relocate production from Satu Mare to Poland

The Swedish owner of Electrolux Satu Mare threatens, through the voice of the workers who did not join the strike, to relocate its production to Poland, informs a release issued by president of the "Cartel ALFA" National Trade Union Confederation Bogdan Hossu on Friday. The reaction of the union leader comes after 100 non-striking employees sent an open letter to their striking fellows.

BNR's Vasilescu: Any index that sets interest rate takes inflation into account

Inflation has caused disruptions in public life, which has led to the exit of ROBOR (Romanian Interbank Offered Rate, ed. n.) from the game and the introduction of a new reference index for loans, but the National Bank of Romania (BNR) has no other role than that of mathematician of the system, Adrian Vasilescu, strategy strategist at BNR, told AGERPRES on Thursday.

Single number 1911 for reporting cyber security incidents, officially launched

The single number 1911, through which Romanian citizens, legal entities and public institutions will be able to report the cyber security incidents they have found, was officially launched on Thursday, the cost of the project being one million euro, covered by European funds through the Connecting Europe Facility program.

Stock Exchange president: We must bring all stakeholders interested in capital market development to same table

All the parties involved must sit down at the same table to hammer out a new national strategy for developing the capital market, president of the Bucharest Stock Exchange (BVB) Lucian Anghel told a specialist event on Monday.

Romania to cap prices of calls to EEA countries as from May 15

Fixed and mobile calls made from Romania to any country within the European Economic Area (the EU countries, plus Norway, Iceland and Liechtenstein) will not exceed 0.19 euro (excluding VAT) per minute, or 0.06 euro for a text message starting May 15, 2019, Romania's National Communications Regulation and Administration Authority (ANCOM) reported on Monday.

Trade deficit, up 751mln euro in first two months, with imports - 10.1pct, exports - 4.8pct

The trade deficit increased by 751.1 million euro in the first two months of this year compared to the same period last year, with imports going up by 10.1pct and exports by 4.8pct, according to data released by the National Institute of Statistics (INS) on Tuesday.

Net nominal average salary drops to 2,933 lei in February (official data)

The net nominal average salary dropped to 2,933 lei in February this year, less by 3 lei (-0.1pct) compared to the previous month, when the gross nominal average salary was 4,819 lei, by 0.4pct lower than in January 2019, according to the National Institute of Statistics (INS) data published on Monday.

Commissioner Jourova: Activation of Art. 7 for Romania depends on what happens in the following days

The European Commission doesn't discuss yet about the activation of Article 7 in the case of Romania, but this depends on what will happen in the following days, on Thursday stated in Bucharest the European Commissioner for Justice, Consumers and Gender Equality Vera Jourova, who attended the "European Day of Competition and Consumers" conference.

European Investment Fund provides 170m euros for SMEs, students in Romania

The European Investment Fund (EIF) signed on Wednesday four financing agreements in Romania, extending more than 170 million euros to Romania for the development of small and medium-sized enterprises and to credit students who want to continue their studies abroad.

European Commissioner for Energy: BRUA gas pipeline, fundamental for EC, regardless of its route

The BRUA gas pipeline is fundamental for the European Commission and it is important for the gas to reach Austria regardless of the route to be decided, European Commissioner for Climate Action and Energy Miguel Arias Canete said on Tuesday in Bucharest.

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