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Romania's Ambassador to Moscow lays flowers at Solovetsky Stone

Wednesday, February 21, 2024

Romania's ambassador to Moscow Cristian Istrate laid flowers at the Solovetsky Stone in Moscow mourning the unexpected and shocking death of Russian opposition leader Alexei Navalny, the Romanian Foreign Ministry announced Tuesday in a post on the X platform (formerly Twitter).''Our thoughts go out to his family and to all the people in Russia who hope for democracy, freedom and dignity,'' the Romanian Foreign Ministry said.Alexei Navalny, who was serving a ...

G7 transport ministers, commissioner Valean welcome EU operation to safeguard Red Sea maritime security

Wednesday, February 21, 2024

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G7 transport ministers and European Commissioner for Transport Adina Valean on Tuesday strongly condemned the attacks perpetrated by the Houthis against commercial vessels transiting the Red Sea and Gulf of Aden and the navy ships protecting them. and welcomed the EU maritime operation "Aspides", launched on Monday, the European Commission reported in a press statement on Tuesday.The ministers emphasised that the attacks violate international law, endanger innocent lives, ...

Over 441,400 tonnes of wheat and 301,000 tonnes of corn from Ukraine, in transit through Romania

Wednesday, February 21, 2024

 Quantities of 988,152 tonnes of wheat and 18,286 tonnes of corn were placed, between May 2 and December 31, 2023, in transit on the territory of Romania, with Ukraine as the country of dispatch, through 14,584 operations, according to the data published on Tuesday by the Romanian Customs Authority (AVR).Also, between January 1 and February 15, 2024, through 2,147 operations, 441,401 tonnes of wheat and 300,994 tonnes of corn from Ukraine were placed under customs ...

PM Ciolacu, ambassador Katae meet on strategic partnership statement

Wednesday, February 21, 2024

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 Prime Minister Marcel Ciolacu on Tuesday welcomed Japan's new ambassador to Romania Takashi Katae at the Government House to discuss turning the Romania-Japan Strategic Partnership Statement into concrete actions."Delighted by the dialogue with H.E. Takashi Katae, the new Ambassador of Japan to Romania on the excellent bilateral cooperation between our countries. Transforming -Strategic Partnership Statement in concrete actions is our common goal," Ciolacu wrote in a ...

Rate of non-performing loans down to 2.33%, in December 2023

Wednesday, February 21, 2024

The rate of non-performing loans, at the end of December 2023, was 2.33%, compared to 2.61% in September 2023 and 2.65% in December 2022, according to data centralized by the National Bank of Romania (BNR).As many as 32 credit institutions existed in Romania in December 2023, eight of which were branches of foreign banks. Total assets amounted to 803.4 billion RON, 102.4 billion RON higher compared to the same period of the previous year.The assets of ...

Eurostat: Romania was EU leader for increases of construction works in December

Wednesday, February 21, 2024

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Construction workd recorded a modest increase in EU and the euro zone in December 2023, compared to November 2023, but Romania was by far the country with the most powerful advance in that segment, both from one month to the other and annually, according to data released by Eurostat on Tuesday.   According to these data, construction works grew by 0.8% in the euro zone and by 1.3% in EU in December 2023, compared to November 2023. Among EU member ...

Dealmaking in CEE held up strongly in 2023 – a testament to the region’s maturity as an attractive M&A destination

Wednesday, February 21, 2024

Against a backdrop of falling global M&A activity, dealmaking in Central and Eastern Europe (CEE) held up relatively well. The number of transactions in the region in 2023 equals 1,097. The total value of M&A activity reaches €37.3bn, according to the reported data and taking into account the criteria set out in the methodology. Romania is increasingly catching ...

Competition Council analysing SD Worx People Solutions NV taking over Romanian Software

Wednesday, February 21, 2024

The Competition Council is analysing the operation by which SD Worx People Solutions NV intends to take over Romanian Software.According to a press release the competition authority sent on Friday, SD Worx People Solutions NV is a provider of intelligent software solutions for the human resources component, in particular for the management and payroll of personnel in companies worldwide.Romanian Software is a technology company providing software services for ...

Four New Companies Listed On The Bucharest Stock Exchange

Wednesday, February 21, 2024

Romania’s equity market presence in the MSCI indices will increase to 26 companies from 1st of March 2024, following the quarterly index review conducted by global index provider MSCI in February this year.   According to the announcement, Romania will have four new companies listed in the MSCI Frontier IMI and MSCI Romania IMI indices in the small cap category. They are: 2B ...

Christian Tour, Green Light To Buy AnimaWings From Aegean Airline

Wednesday, February 21, 2024

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Christian Tour, which launched its own airline in 2020, of which Greeks from Aegean Airlines took over 51% two years ago, has the green light from the Competition Council to take over the company, AnimaWings. Christian Tour Holding S.A. received the green light from the Competition Council for the acquisition of the majority stake of 51% in the company AnimaWings Aviation S.A. formerly owned by Aegean Airlines. Thus, the airline AnimaWings becomes ...

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