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Inspired by Prince Charles, a young man from Salaj produces medicinal milk

smallholding-year4

A young man from Salaj gave up his city life and began to produce medicinal milk. Viorel Ghiuru?an has currently 400 goats that feed upon the mountains and meadows where medicinal plants grow; therefore the milk is full of special ...

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X-watch, the first Romanian smartwatch available from 2015

Smartwatch-X-watch

Domestic consumer’s appetite for devices and for all that is IT have a new challenge, a local challenge… Evolio launched the first Romanian smartwatch. According to a press release, the watch will have a stylish design, with a thickness of ...

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S&P: Romania’s credit rating, at the lowest investment grade

Standard-Poors

Standard & Poor’s (S&P) affirmed Romania’s credit rating at the lowest investment grade, which cited declines in its external debt and the budget deficit. Also, the country’s long-term sovereign bond rating was maintained at BBB-, on par with Russia, Brazil ...

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New transport lines available in Romania

Banat Semmering railway

Constanta-Batumi- Ilyichevsk ferry line, take-off for the Iasi Airport runway and “Banat Semmring” railway reloaded. A new Black sea ferry line linking Constanta harbor to Batumi (Georgia) and Ilyichevsk (Ukraine) was opened on Thursday. Turkey, Ukraine, Georgia, Kazakhstan and Azerbaijan ambassadors to ...

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Three quarters of Romanian family businesses increased in the past year

hands

What does ‘professionalising the business’ mean for the family firm? It’s about giving structure and discipline to the vision and energy so often exhibited by the entrepreneurial family business. This helps them innovate better, diversify more effectively, export more and ...

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EC: EU would suffer if Russia halts gas supply; Romania is included

gaze 2

The high European institution urged local authorities to accelerate the development of gas interconnections with neighboring Bulgaria and Hungary to better manage any potential disruption of gas imports. Russia cut gas exports to Europe almost every day up to 60 ...

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EC opens three infringement proceedings against Romania  

ce

The European Commission on Thursday opened three infringement proceedings against Romania for failing to fully transpose EU legislation on rail safety, implement regulatory rules regarding investment fund managers and for its discriminatory tax treatment of foreign legal. EC asked Romania ...

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Eurobonds sale before elections to provide certainty to investors

Eurobonds1

Presidential elections create restlessness among investors. In this context, risks from the elections are leading the Romanian authorities to consider accelerating the Eurobond sale. Thus, the government plans to sell at least EUR 1 billion of Eurobonds before the November ...

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EC penalizes Romania over toxic tailing pond

iaz

Romania fails again the test on environmental protection. In this regard, the European Commission is taking Romania to Court for a failure to comply with EU legislation on mining waste (i.e. waste resulting from the extraction, treatment and storage of ...

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