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Raiffeisen reduces the price target and recommends "Sell" for Conpet shares

Raiffeisen Bank changes the recommendation for Conpet shares (COTE) from "Hold" to "Sell" and lowers the price target for the oil product transporter's shares to 80 lei in the next twelve months, 9% below yesterday's...

European funding for the fourth edition of Start-up Nation

The Ministry of Economy will ask the Ministry of European Projects and Investments to notify the European Commission so that the fourth edition of the Start-Up Nation program is financed from European funds, announced Radu Ştefan Oprea, the...

Commercial allowance for staple foods, capped for another 60 days

Yesterday, the government decided to extend by another 60 days the measure of capping the commercial addition to basic foods, a measure established for the first time last year by GEO 67/2023. By the normative act adopted yesterday, the annex of...

Business environment: New taxes will kill a quarter of SMEs

The business environment in our country must quickly adapt to the fiscal changes contained in law 296/2023, taking into account the fact that some of them entered into force yesterday, November 1, others will enter into force on November 11, and...

The Minister of Agriculture, Florin Barbu: "Grain imports from Ukraine and the Republic of Moldova will only be allowed to Romanian farmers and processors and will only be possible on the basis of a license. As we promised, we protect Romanian production and the work of Romanian farmers".

Imports of cereals from Ukraine and the Republic of Moldova, only on a licensing basis

Minister of Agriculture, Florin Barbu, announced that imports of cereals from Ukraine and the Republic of Moldova will only be allowed for Romanian farmers and processors and will be possible only on a licensing basis. According to the minister:...

Alexander Pitchka, General Manager of JTI Romania, Moldova and Bulgaria

JTI Romania launched the first product based on tobacco heating

JTI Romania launched, yesterday, Ploom X - its first product with low risk potential (based on tobacco heating, not burning). It will be available, for now, in a number of stores in Bucharest, as well as online.

"The brakes have been applied in certain segments of the construction industry"

Reporter: The National Institute of Statistics (INS) has published the construction permit situation for the first half of the year, with the number of permits decreasing by almost 25%. How is this trend affecting the construction...

The problem in the field of environment is time

200 countries participated in COP 26 FROM 1ST TO 12TH November in Glasgow Scotland.

INTERVIEW WITH FLORIN JIANU, THE CEO OF CNIPMMR:"If national and european instruments have a quick enter in the economy, it will recover"

Small and medium-sized businesses have had a difficult year due to the Covid-19 pandemic, which has led to an unexpected crisis. 98.23% of entrepreneurs in our country claim that their activity has been affected by the current crisis, and 5 out...

The Euro to Dragnea: "Give me five!"

The leu has seen a constant and steep drop against the major currencies this month. This phenomenon has sparked diverse opinions, with part of the public opinion pointing the finger at the National Bank of Romania (NBR).

MREPORT BY TRANSPARENCY INTERNATIONALCorruption, an imported product

Globalization has also brought with it an unpleasant effect: cross-border corruption. According to the intermediate report Exporting Corruption for the year 2018, a document drawn up by the organization Transparency International, there is a...

The NBR is trying to tether the economy and inflationary expectations to moving sands

The first hike of the policy rate in the last ten years, by 0.25 percentage points, is too small and has come too late to have a significant effect on inflationary expectations.

THE DREAM OF MARCEL BĂRBUŢ - TO SEE HIS COMPANY LISTEDAdePlast goes to the BSE, even though he could have gone to the banks

AdePlast plans to invest 19.5 million Euros in a new plant of rockwool, and has turned to the Bucharest Stock Exchange for financing.

The OPCOM and BRM have received the licenses for trading natural gas

On Friday, the ANRE (the regulator of the energy market) has granted the licenses requested by the OPCOM (the operator of the Romanian energy exchange) and the Romanian Commodities Exchange (BRM) for the management of the centralized natural gas...

ANSVSA: "Romania is in no way affected by the fish scandal"

Europe is going through a new crisis in the food industry, caused by the misleading labeling of fish, meaning that expensive fish is replaced with cheaper varieties, of lower quality. The investigators have found that one third of the products in...

The Black Friday frenzy

For someone who isn't much of a fan of shopping, "Black Friday" seems like the title of a horror movie, but it is in fact a reason for shopping and discount chasers to greatly rejoice. The "Black Friday" concept (November...

"I have seen Romanian products being sold at outrageously high prices in the Russian stores", said Mihai Ionescu.

ROMANIA-RUSSIA: MIHAI IONESCU:After the '90s, trading between Romania and Russia came to a halt

• Interview with Mihai Ionescu, the secretary general of the National Association of Importers and Exporters of Romania (ANEIR)

Dealing with the departure of foreign investors without getting emotional

Nokia"s decision to end its operations in Romania surprised many Romanians, just like, at the time, the decision of Nokia to relocate its operations from Germany to Romania sparked the protests of the Germans.

Mr. Szell Alexandru, general manager of SC "Agrosel" SRL founded the company in his native town of Câmpia Turzii, where he was born in 1965. He graduated the Military High School of Alba Iulia. He is married and has two daughters. His hobby is gardening.

FOR 2009,"Agrosel" predicts a 5% increase in turnover

Turnover of "Agrosel", a company specializing in supplying farmers with seeds, reached EUR 5 million in 2008. For this year, Szell Alexandru, general manager of SC "Agrosel", expects a 3-5% turnover increase, and a 25% increase in...

Mugur Isarescu:The Economy Can Only Go Up

From this point forward, the Romanian economy can only go up, according to Mugur Isarescu, Governor of the National Bank of Romania. However, the pace remains unknown. "We should be concerned with the quality of the growth in order to avoid...

Baumix Revenues Up 10% In H1

• Company expects the new grout to generate over 500,000 EUR in revenues

Boromir"s distribution network covers the entire country. All of the company"s factories have their own logistic warehouses which supply all the adjacent areas.

"Boromir" to bring the "Feleacul" brand back on the market

Cornelia Angelescu

Romaqua expects the market shares of its products to remain steady or even increase

Cornelia Angelescu

Consumer Protection Pulls 72,797 RON Worth of Cosmetics From The Market

Cornelia Angelescu

Consumer Protection Pulls 72,797 RON Worth of Cosmetics

• Fines exceed 1.5 million RON

"Loris Baby"s Land" estimates sales a 60% percent sale as opposed to last year

Given the harsh economic conditions forecasted for 2009, "Loris Baby"s Land", sales manager, Mrs. Alina Al Khatib, considers that the next year will be one of market stabilization: "A significant boost to our business could come...

Rompetrol Invests 7 Mln USD in Polymer-Based Road Bitumen Production

The Vega Refinery in Ploiesti, a member of Rompetrol Group, has commenced production of Eurobitum, a form of polymer-based road bitumen, following an investment of over 7 million USD. The installation can produce 60,000 tons per year and was...