Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS



Tax Council's head: Increasing energy prices will slow economic growth in Europe, will halt purchase power

Wednesday, September 29, 2021

 Increasing energy prices is discorcerting, an extraordinarily powerful shock, which will slow down economic growth throughout Europe and will severely amputate people's purchase power, the chairman of the Tax Council, Daniel Daianu, declared on Tuesday, during a specialty debate."Look at what is happening in the United Kingdom, which will also happen in states within the European Union. It is an extraordinarily powerful shock, which will slow down ...

Managers estimate moderate increase in retail trade, services, in next three months

Wednesday, September 29, 2021


? Moderate growth of activity in retail trade and services ? Relative stability in the number of employees in manufacturing, construction and services ? Price growth in manufacturing, construction and retail trade   Managers of Romanian companies estimate a moderate increase in the retail trade and ...

World Bank : 18 Civil Society Organizations (CSOs) across Romania to form the second cohort of the Roma Sounding Board (RSB)

Wednesday, September 29, 2021

 The World Bank welcomes 18 Civil Society Organizations (CSOs) across Romania to form the second cohort of the Roma Sounding Board (RSB), a network of competitively selected CSOs with expertise in Roma social and economic inclusion. Tasked with a mandate valid until June 30, 2023, selected CSOs will work closely with the World Bank to strengthen the social inclusion of Roma through ...

Reveal Marketing Research Study: Retrospective on the emotions of Romanians in recent months

Wednesday, September 29, 2021

Reveal Marketing Research has launched a new study from its own series amid the the coronavirus pandemic. Romanians TODAY is a study that takes place monthly and shows current issues related to Romanians, but also their evolution over ...

PwC will invest 6 million USD to develop environment, sustainability and governance policies in CEE states, Romania included

Wednesday, September 29, 2021


PwC Central and Eastern Europe (CEE) announced on Tuesday that it will  invest 6 million USD in the ext 2 years to develop services devoted to environment, sustainability and governance  policies in the 29 states in the area, Romania included and will set up an excellence center to council customers about strategy and report in the field.   The announcement was made on the occasion of the ...

Ursula von der Leyen: European Commission greenlights Romania's National Recovery and Resilience Plan

Tuesday, September 28, 2021


The European Commission is giving the greenlight to Romania's National Plan for Recovery and Resilience, said the President of the European Commission, Ursula von der Leyen, during a joint press conference with President Klaus Iohannis and Prime Minister Florin Citu.Today, the European Commission is giving the greenlight to Romania's National Recovery and Resilience Plan. This is following a meticulous evaluation and a very good cooperation and I want to ...

Klaus Iohannis: There is no political risk to implementing PNRR

Tuesday, September 28, 2021

President Klaus Iohannis stated, on Monday, that there is no political risk in Romania for the implementation of the National Recovery and Resilience Plan (PNRR)."There is no political risk for the implementation of the National Recovery and Resilience Plan. There is none because those reforms that are comprised in the National Plan, those investments which are comprised in the National Plan are reforms and investments desired and expected by all," said the ...

The EC officials: the plan for recovery and resilience of Romania will generate a growth of GDP of maximum 2.9% until 2026

Tuesday, September 28, 2021

The high officials of the European Commission explained on Monday that the Plan for Recovery and Resilience of Romania, adopted by the EC, will generate a growth of the GDP of maximum 2.9% until 2026. They said that, for the moment, it is not affected by the political situation in the country, but it is necessary for a functional government to implement it. The officials, who led the discussions with the Romanian authorities, explained that the measures in ...

Orban: My resignation as speaker is not available to the PNL chief for an indefinite period

Tuesday, September 28, 2021

Former National Liberal Party (PNL) national leader Ludovic Orban announced on Monday that the decision to step down as speaker of the Chamber of Deputies is irrevocable, and his resignation is not available to the party leader for an indefinite period, saying that if a decision is not taken within 15 days, he will submit it personally to Parliament."Today, I have sent to the party my resignation as speaker of the Chamber of Deputies, a resignation at the ...

Orban: Florin Citu will no longer be prime minister; if he remains prime minister, it will be by PSD mercy

Tuesday, September 28, 2021


Ludovic Orban, the former national leader of the National Liberal Party (PNL), said on Monday that he would be ashamed to become national leader of PNL as Florin Citu did, arguing that Citu will no longer be prime minister or, if he does, it will be by the mercy of the opposition Social Democratic Party (PSD)."Florin Citu does not understand one thing: even if he managed the way he did, if I were in his place, I would be ashamed to become president of PNL as ...

Citu: Through the statements it makes, USR prefers to stand next to PSD and AUR

Tuesday, September 28, 2021

Prime Minister Florin Citu said on Monday that USR PLUS prefers to stand by PSD and AUR through statements that a coalition can be rebuilt without him as prime minister, underscoring that the PNL sees its future beyond government.The PNL leader was asked whether negotiations for the restoration of the coalition would be resumed as soon as possible, given the statements made by USR PLUS co-chairs Dacian Ciolos and Dan Barna, namely that there would be no way ...

Ciolos: It's time new PNL leader proposed new PM, other than Florin Citu

Tuesday, September 28, 2021

USR PLUS (Save Romania Union, Freedom, Unity, Solidarity Party) co-chair Dacian Ciolos says that, although the initial meeting where they were supposed to approve the PNRR (the National Recovery and Resilience Plan) with the head of the European Commission is hosted by "Florin Citu, who is still the prime minister," the merits for having the National Recovery and Resilience Plan approved belong to "all those who work for a modern Romania.""Beyond this ...

Riverine 2021 Romanian-Ukrainian military exercise on Danube kicks off

Tuesday, September 28, 2021

 The Mihail Kogalniceanu River Flotilla organizes, starting Monday, the Romanian-Ukrainian exercise Riverine 2021, which takes place on the Danube River, between Tulcea, southeastern Romania and Izmail, Ukraine, in which the military river ships, helicopters, divers and marines from the two countries are participating, announced in a press release the General Staff of the Naval Forces (SMFN).The Riverine 2021 exercise aims at the consolidation of the ...

Budget deficit up to 3.35 pct of GDP, after 8 months of 2021

Tuesday, September 28, 2021


The general consolidated budget deficit climbed to 3.35 pct of GDP after the first eight months of this year, from 2.89 pct of GDP after seven months, yet the negative balance is decreasing compared to the same period last year.According to the budget execution published on Monday by the Ministry of Finance, after the first eight months of 2021 the deficit of the general consolidated budget amounted to 39.36 billion lei (3.35 pct of GDP), down from the ...

CFA Romania: Budget deficit of 6.8% of GDP in 2021

Tuesday, September 28, 2021

CFA Romania analysts anticipate a budget deficit of 6.8% of GDP in 2021, and public debt could reach 53% of GDP over the 12-month horizon, according to a press release from the organization.According to the quoted source, the average value of the expectations regarding the evolution in real terms of GDP in 2021 is +7.2%.Regarding the euro / leu exchange rate, over 87% of the survey participants predict a depreciation of the leu in the next 12 ...

COVID-19: MedLife estimates 35,000 daily cases in Romania, five times more than officially reported

Tuesday, September 28, 2021

  Romania's daily count of COVID-19 infections is 5-7 times higher than the official figures, according to estimates made by local healthcare group MedLife. According to its studies, Romania is already facing 35,000 COVID-19 cases per day, much more than the around 7,000 daily cases officially confirmed by tests.   Thus, given that most infections and deaths are among unvaccinated, the ...

Third dose COVID-19 immunisation in Romania to start Tuesday at Romexpo centres

Tuesday, September 28, 2021


Mass immunisation with a third dose of the COVID-19 vaccines in Romania starts on Tuesday at the Romexpo vaccination centres."Vaccinated people at least six months away from the second dose of the COVID-19 vaccine can be immunised with a third dose starting Tuesday (...) at Romexpo centres. Expected to get the vaccinations are people over the age of 65, persons with chronic diseases regardless of age, medical staff, social workers, and other at-risk ...

Bucharest Public Health Directorate: The incidence of COVID-19 reached 4.95 per thousand inhabitants

Tuesday, September 28, 2021

 The cumulative incidence rate of COVID-19 calculated at 14 days reached 4.95 per thousand inhabitants in Bucharest on Monday, according to the website of the Bucharest Public Health Directorate (DSP).The day before, it was 4.35.One month ago, on August 27, the incidence of COVID in Bucharest was 0.64 per thousand inhabitants, according to the DSP website.    As many as ...

 Romania, the lowest percentage of employees in the field of sports in the EU

Tuesday, September 28, 2021

 In the 27 member states of the European Union, 1.3 million people worked in sports last year, representing 0.7% of total employment, the lowest percentage of employees in this sector being in Romania, show the data published on Monday by the European Statistical Office (Eurostat).Among member states, the highest percentage of people working in sport in 2020 was in Sweden (1.6%), Finland (1.4%), Spain and the Netherlands (both with 1%), and the highest ...

Florin Citu - new chairman of National Liberal Party

Monday, September 27, 2021


Florin Citu won on Saturday the mandate of chairman of the National Liberal Party (PNL), with 2,878 ballots cast for him, the chair of the organization committee, Theodor Stolojan, announced from the rostrum of the congress.According to the quoted source, his opponent, Ludovic Orban, obtained 1,898 votes for.    The National Liberal Party (PNL) is, starting today, a united party, stated, ...

Premium News


Friday, October 15, 2021

Financial & Banking

Monday, October 11, 2021


Tuesday, October 12, 2021


Wednesday, October 13, 2021

Energy & Environment

Thursday, October 14, 2021