Oana Tilica

Unemployment rate 3.33 pct at end of March

The unemployment rate recorded at the national level was 3.33 pct at the end of March, 0.02 percentage points lower than the previous month, according to a release of the National Employment Agency (ANOFM), sent, on Thursday, to AGERPRES. The value of the indicator was by 0.46 percentage points higher than that recorded in March 2020.

Romania attracts 3.5 billion euros from foreign capital markets, through bond issue

Romania, through the Ministry of Finance, launched on April 7 this year's first issue of Eurobonds that attracted 3.5 billion euros on the international capital markets, which enjoyed a special interest from investors, according to a press release of the Ministry of Finance, sent on Thursday to AGERPRES.

ANRM: Romania's interest is in Black Sea natural gas investment to start in 2022, or deposits will devalue

 Romania's interest is for investment in the Neptune Deep field in the Black Sea to start in 2022, otherwise the natural gas there will lose its value, said on Thursday Director of the National Mineral Resources Agency (ANRM) Sorin Gal.

Unemployment in Romania reaches 3.35pct at end-February 2021

Romania's national unemployment rate was 3.35% at the end of February, up 0.01 percentage points on a monthly basis, according to a press statement released by the National Employment Agency (ANOFM) on Wednesday. The rate was 0.42 percentage points higher y-o-y. The total number of the unemployed at the end of February 2021 was 293,461, 1,245 more than at the end of the previous month.

Energy Ministry official: Electricity Law rewritten with EBRD assistance, Natural Gas Law to be upgraded

The Electricity Law is being rewritten under a consultancy program, with the help of the European Bank for Reconstruction and Development (EBRD), and the Romanian authorities are in talks with the World Bank for support for upgrading the Natural Gas Law, Secretary of state with the Energy Ministry Niculae Havrilet told a specialist video conference today.

ANM: Code Orange of snowfall and snowstorm in 13 counties

The National Meteorological Administration (ANM) on Wednesday issued a series of Code Yellow and Code Orange alerts of snowfall and blizzard in the mountainous and sub-mountainous areas, respectively a bad weather information targeting the entire country, which will take effect on Thursday morning.

Nuclearelectrica seeking agreement with Romanian state on financing, support for construction of Cernavoda NPP Units 3 & 4

Cernavoda nuclear power plant operator Nuclearelectrica (SNN) will make the decision to invest in the construction of NPP Units 3 and 4 provided that it concludes an agreement with the Romanian state establishing the financing method and support mechanisms for this project, states the 'Strategy for the continuation of the Units 3 and 4 project", a document that will be discussed in the General

Transport Minister rescinds order making union presence at Metrorex Board meetings mandatory

Minister of Transport and Infrastructure Catalin Drula rescinded today an order from 2014 that made inviting the representatives of the 'Unitatea' Metro Free Trade Union - USLM to the meetings of the Metrorex Board of Directors mandatory. "The first measure recommended by the Control Body in the Metrorex case has been carried out.

CCIR's Daraban: Romania's exports to Japan increased 62pct, thanks to EPA agreement

Romania's exports to Japan increased by 62% in November 2020 y-o-y thanks to the European Union-Japan Economic Partnership Agreement (EPA), which entered into force on February 1, 2019, Chairman of the Romanian Chamber of Commerce and Industry (CCIR) Mihai Daraban said at a meeting with Director General of the Japan External Trade Organisation (JETRO) Romania Keisuke Mizuno.

Less than 20pct of homes insured in Romania 44 years after major earthquake

Less than 20% of all homes in Romania were insured in 2020 against certain risks, and more than half of Romanians (54%) say they are worried about the danger of an earthquake, according to a survey commissioned by National Union of Insurance and Reinsurance Companies in Romania (UNSAR) and conducted in 2020 by the Romanian Institute for Evaluation and Strategy (IRES).