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20:52, 16.07.2020

Gov't to approve memorandum on settlement of debts through "SIC" computer system

The Government is set to approve a memorandum on the development of the system of settlement of debts and receivables of legal entities through the "SIC' computer system, after the Minister of Economy, Virgil Popescu,…




11:48, 16.07.2020

EconMin says Hidroelectrica could act as retail electricity provider for lower fees

Power producer Hidroelectrica could supply energy directly to the population for a much lower price than the current one, which could result in lower fees in the entire market, but hasn't had a coherent marketing…




09:57, 15.07.2020

Romgaz, Hidroelectrica must enter supply market for home consumers, otherwise Gov't takes measures

Minister of Economy, Energy and the Business Environment, Virgil Popescu, stated on Tuesday evening, at private broadcaster Digi 24 that he is disappointed by state companies Romgaz and Hidroelectrica because they…




09:57, 15.07.2020

Prime Minister sets up Strategic Coordination Committee for implementation of Cernavoda CNE 3 and 4 Units Project

Prime Minister Ludovic Orban has ordered the setting up of the Strategic Coordination Committee for the implementation of Cernavoda Nuclear Power Plant (CNE) Units 3 and 4, by a decision published on Tuesday in…




13:18, 14.07.2020

FinMin Citu: Estimate on evolution of the economy, at minus 1.9 pct this year

The official estimate regarding the evolution of the economy in 2020 stands at minus 1.9% until the data of the National Commission for Strategy and Prognosis appear, said on Tuesday, the Minister of Finance, Florin…




12:09, 14.07.2020

EconMin Popescu: Grant projects for SMEs

The three state aid schemes from the overall envelope of one billion euros from the EU will be distributed to micro-enterprises without employees, medical offices, PFAs (Authorized Individuals) of physicians caught…




12:09, 14.07.2020

Romania has experienced partial lockdown, life goes on, Economy minister says

Romania was not in total lockdown, but in partial lockdown, Economy minister Virgil Popescu said in an interview with AGERPRES."So, like I said, Romania was not in a total lockdown, but in partial lockdown, especially…




11:54, 14.07.2020

EconMin Popescu advises consumers to change gas, electricity suppliers depending on price

Romanian consumers are advised to move to another gas provider and, after liberalization, another electrical energy provider, if the prices are more acceptable with another provider than the one they are already…




11:48, 14.07.2020

EconMin Popescu: At this time no political consensus in Parliament to amend Offshore Law

Parliamentary political parties have not reached a consensus until now, so that the Offshore Law is amended and investors in the Black Sea start extracting gas, said the Minister of Economy, Energy and the Business…




11:48, 14.07.2020

Investment, only solution to overcome crisis, FinMin Citu says

The massive allocation of budgetary resources to investment, not non-productive expenditures, guarantees a large, non-inflationary economy in the future, Finance Minister Florin Citu wrote Tuesday on Facebook."We…




09:30, 02.07.2020

Orban: Inviting HoReCa representatives to talks this Thursday to prepare opening of restaurants

Prime Minister Ludovic Orban said that on Thursday he will have a discussion with the ministers of Health, Economy and the Interior, to which HoReCa representatives will also be invited, to prepare the opening…




09:09, 02.07.2020

EconMin Popescu: I wish Romgaz be part of consortium to start gas exploration in Black Sea

The Minister of Economy, Energy and the Business Environment, Virgil Popescu, stated on Wednesday that he wishes that Romgaz be a part of the consortium that will start gas exploring in the Black Sea, because only…




16:42, 30.06.2020

StateSec Havrilet says Romania has huge offshore wind potential of over 70,000 MW

Romania has a huge offshore wind potential of over 70,000 MW and it could reach the UK level in this sector within five years, Secretary of State with the Economy, Energy and Business Environment Ministry (MEEMA)…




09:09, 25.06.2020

Romania Durabila, EM360 organise "Black Sea in the new economy" webinar on Thursday

Romania Durabila [Sustainable Romania] and EM360 on Thursday organise a webinar with the theme "The Black Sea in the new economy," to focus mainly on the exploitation of natural gas. A high level of capitalization…




21:31, 24.06.2020

Route of Wooden Churches from Bihor County, first Cultural Tourist Route acknowledged by Economy Ministry

The Ministry of Economy, Energy and Business Milieu (MEEMA), through the International Relations and European Affairs Service in the Field of Tourism, has created a voluntary system for the recognition of Cultural…




17:24, 22.06.2020

Population gas definitely cheaper in July, consumers can change supplier at any time

Gas for population will certainly go cheaper in July, with the liberalisation of the market, and domestic consumers must know that they can change their supplier at any time within 21 days, regardless of whether…




09:15, 22.06.2020

PM Orban: We will launch economy recovery plan within maximum 10 days

Prime Minister Ludovic Orban has announced that the economy recovery plan will be launched within maximum 10 days. "We are preparing a very large programme to support the economy, besides all the other measures…




13:24, 17.06.2020

EconMin Popescu: Price of gas for population should decrease 10-15% otherwise Gov't to intervene

The price of gas for household consumers should decrease by 10-15% from July 1, when the market is completely deregulated, otherwise the Government will use anti-competitive legislation to intervene, Minister of…




11:57, 17.06.2020

FinMin Citu: Real economy proves me right, the socialists' apocalyptic scenarios have been shattered

Public Finance Minister Florin Citu says that his objective is to minimize the negative impact of the global economic crisis on Romania's economy, and that the best measures to this effect have been taken so far,…




19:31, 16.06.2020

Tax exemption of HORECA companies to extend for 90 more days

HORECA companies in Romania will be exempted from paying the specific tax for an additional 90 days, Ionel Danca, head of the Chancellery of the Prime Minister, said on Tuesday. According to him, the government…




18:33, 16.06.2020

Economy Ministry, mediator in dialogue between retailers and mall owners

A committee made up of governmental officials, representatives of retailers and large commercial centers will draft a legislative initiative to regulate the existing situation between the owners and tenants of…




08:37, 16.06.2020

EconMin Popescu: 60 companies make biocides, 24 make surgical masks

About 60 companies in Romania produce biocides, including large producers such as Farmec Cluj, Antibiotice Iasi, OMV Petrom and Chimcomplex Borzesti, and 24 companies produce surgical masks, the Minister of Economy,…




17:25, 11.06.2020

BNR chief economist: S&P counts on Gov't to make responsible decision, prioritise economy

Although favorable overall, Standard & Poor's view of Romania's economic realities includes a series of warnings and a downside scenario that could lead to Romania's downgrading, National Bank of Romania (BNR)…




15:01, 11.06.2020

Budget allocated for aid scheme to trade, services companies could be augmented

The state aid scheme for companies in the field of trade and services could be supplemented, among the beneficiaries being those who operate in shopping malls, Prime minister Ludovic Orban announced on Thursday.…




17:27, 10.06.2020

PSD's Ciolacu, to have discussion with prime minister, to agree on legislative form on state of alert extension

Acting Chairman of the Social Democratic Party (PSD) Marcel Ciolacu declared on Wednesday that he will have a discussion with Prime Minister Ludovic Orban in order to agree upon a legislative form regarding the…




12:07, 10.06.2020

PM Orban: Naval shipyards - a very important component of Romanian economy

Naval shipyards are an "extremely" important component of the Romanian economy with enough competitiveness existing in this economic field that allows the further development of the areas where they are located…




23:33, 09.06.2020

Orban, at videoconference with EU states' ambassadors: Now, our motto is "Economy before anything else!"

Prime Minister Ludovic Orban stated, on Tuesday, during an exchange of opinions with the ambassadors of the member states of the EU in Bucharest regarding the way to manage the pandemic crisis on the continent,…




15:09, 09.06.2020

President Iohannis: We believe that it is necessary to extend state of alert

President Klaus Iohannis said on Tuesday that the state of alert should be extended, with fewer restrictions, and called on parliamentarians to proceed in this sense. "We believe that it is necessary to extend…




11:12, 09.06.2020

President Iohannis, Gov't members meeting to discuss management measures of COVID-19 epidemic

President Klaus Iohannis will carry out a meeting with the Government members at the Cotroceni Presidential Palace, on Tuesday, to discuss the management measures in controlling the COVID-19 epidemic. According…




10:16, 09.06.2020

Romania's economy advances 2.4pct in Q1 2020 mainly on household consumption

The annual growth of Romania's economy in the first quarter of 2020 - 2.4% unadjusted and 2.7% when seasonally adjusted series, was mainly due to the household final consumption expenditure, which volume increased…