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The minutes of the monetary policy meeting of the National Bank of Romania Board held on 6 November 2019 has been released today. During that meeting, the BNR Board discussed and adopted the monetary policy decision, based on the data and…

More than 10,000 Romanian passengers affected last summer by delays of more than three hours, cancellations or refusals to boarding received compensation of up to 600 euros, On the other hand, over 13,000 Romanian passengers affected…

Franklin Templeton International Services S.À R.L., in its capacity as alternative investment fund manager and sole director (the “Fund Manager”) of Fondul Proprietatea S.A. (the “Fund”), has informed the investors that Sorin Mîndruțescu,…

In its meeting of 4 July 2019, the Board of the National Bank of Romania decided to keep the monetary policy rate at 2.50 percent per annum, to leave unchanged the deposit facility rate at 1.50 percent per annum and the lending facility…

Fondul Proprietatea has announced that it is very disappointed with the decisions taken at the latest ordinary General Shareholders Meeting (“GSM”) at C.N. Administratia Porturilor Maritime S.A. Constanta (“Portul Constanta”/ “APM”), held…

The Military Prosecutor’s Office has started an investigation following an incident on Tuesday night to Wednesday when some flares had fallen down from the sky damaging the windshield and board of a car in Craiova, southern Romania. Other…

In its meeting of Monday January 8, 2018, the Board of the National Bank of Romania (BNR) has decided to increase the monetary policy rate to 2.00 percent per annum, up from 1.75 percent per annum as of 9 January 2018, a BNR release posted…

The Romgaz Board has decided on Thursday to dismiss Virgil Metea from the position of Director General. His office will be taken over by Emil Cindrea, former Deputy Director General, one of the persons prosecuted by the Directorate for the…

According to the minutes of the monetary policy meeting of the National Bank of Romania Board on November 7, 2017 the Board discussed and adopted the monetary policy decision, based on the data and analyses on the recent characteristics and…

The Board of the Financial Supervisory Authority (ASF) has decided at the meeting on Wednesday to abolish the application of 1% quota on the operating income for local intermediaries - financial investment services companies and credit…