Romania News

Romania News – Monday 07/11/2022


-President Klaus Iohannis will participate, November 7-8, in the Climate Implementation Summit in Sharm El-Sheikh, Egypt, as part of the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), the Presidential Administration said.

-Romania remains an attractive destination for investors from outside the borders, with our economy offering new opportunities for entrepreneurs, Prime Minister Nicolae Ciuca said on Sunday (Nov. 6) in a post on the Government’s Facebook page.

-MEP Victor Negrescu on Sunday (Nov. 6) said that there are three scenarios currently under discussion regarding Romania’s accession to the Schengen Area, according to post on his Facebook account.


-In 2021, economic operators with forestry activity exploited 19.446 million cubic metres in 2021, down 1.7% compared to 2020, National Institute of Statistics (INS) data showed.

-The Romania – Ukraine program currently finances 66 projects, with a total value of 65.9 million euros, of which 51.8 million euros are non-refundable funds, according to the Ministry of Development, Public Works and Administration (MDLPA).

-On Monday morning, Romania will have a volume of 3 billion cubic metres of gas in storage, which means 97.7% the country’s total storage capacity, according to the data provided to Agerpres by Transgaz on Sunday (Oct. 6).


-The Financial Supervisory Authority (ASF) announced the authorization of Romania’s first crowdfunding platform, called SeedBlink, after the coming into effect of the law regulating this field, in August 2022. The Seedblink Crowd SA company administers the mentioned platform.

-Nine important hotels in Eforie Sud and Eforie Nord, in Constanta, as well as other assets on the Romanian seaside, will be auctioned off in the next period, following the decision of Transilvania Investments Alliance to reposition its portfolio held in the hospitality sector, Ziarul Financiar reported on Monday (Nov. 7).

-The number of employees in the Romanian business services industry has increased by nearly 30% over the last three years, the annual report of the Association of Business Service Leaders (ABSL) in Romania reveals.


As many as 77,191 people, including 7,636 Ukrainian citizens, entered Romania on Sunday (Nov. 6) according to the General Border Police Inspectorate (IGPF).