Oana Tilica

Romania joins World Business Angels, largest forum of investment markets

Romania will find itself in pole position when the engines of the world economy will be restarted after the crisis generated by Covid-19, as increasingly more foreign investors are willing to bet on Romanian business ideas, says Bianca Tudor, founder of Elite Business Women.

European Federation of Journalists condemns Gov't decision to place public employees on furlough

The European Federation of Journalists (EFJ) has signalled new threats to the mass media sector in Romania and sent the Romanian authorities a protest letter against the mechanism that will place the public employees on furlough for a temporary period, namely during the state of emergency generated by the COVID-19 outbreak.

Number of employment contracts suspended since start of state of emergency exceeds 950,000

A number of 952,929 employment contracts have been suspended since the state of emergency came to force (16 March) and until now, according to the figures of the Labor Inspection published by the Labour and Social Protection Ministry (MMPS) on Monday.

Industrial producer prices in Romania, up 2.9% in Feb. 2020

Industrial producer prices (for both domestic and non-domestic markets) in Romania increased by 2.9% in February 2020, y-o-y, according to data released by the National Institute of Statistics (INS) on Thursday. According to INS, the February 2020 industrial producer prices (for both domestic and non-domestic market) decreased by 0.9% on a monthly basis.

SRJ MediaSind calls on state institutions to take all necessary measures to protect health of media workers

The National Executive Office of the Romanian Trade Union of Journalists MediaSind (SRJ MediaSind) calls on the state institutions to take all necessary measures to protect the health of the media workers and for the safety of jobs, according to a press release sent to AGERPRES on Tuesday.

Number of building permits for residential buildings up 8.7pct in February

The number of building permits for residential buildings issued in February 2020 increased by 8.7 percent compared to the same month of 2019 and by 33.6 percent compared to January 2020, according to the data published by the National Institute of Statistics (INS) on Monday.

BNR's Vasilescu: Public, entire Romanian society should understand first urgency is banks not to fall

The public and the entire Romanian society should understand that the first urgency is that banks don't fall, and after this urgency comes solidarity, National Bank of Romania (BNR) Strategy Consultant Adrian Vasilescu said on Tuesday. "The action has to take into account urgencies.

Banking system, support for counteracting negative effects of COVID-19 pandemic on economic, social level

The Romanian Association of Banks (ARB) and the Council of Banking Employers in Romania (CPBR), organizations that represent all the active banking institutions on the Romanian market, grant support to clients and authorities regarding the limitation of negative effects on the individual economic welfare, Romania's economy and public health and safety, in the context of the pandemic caused by t

Excessive pesticide residues found in 1.66pct imported fruit and vegetables sampled in Romania

A recent sampling of pesticide residues identified in imported fruit and vegetables has shown that 1.66pct of the samples carried excessive content, below the average value of non-compliance in the European Union, which stands at 4.1pct, according to Romania's National Authority for Veterinary and Food Safety (ANSVSA).

Over 10,000 young people chose to leave Romania permanently in 2018 (INACO analysis)

More than 10,000 young people aged between 15 and 34 left Romania permanently in 2018, most of them from Bucharest, reveal findings of a recent analysis carried out by INACO - the Competitiveness Initiative. The research published on Monday shows that seasonal travels for studies, work, etc.