Loading page...

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



A new delay in designating the multifunctional corvette provider

Friday, June 21, 2019

The procedure for awarding the contract for the purchase of multifunctional corvettes was suspended by the National Council for the Settlement of Contestations (CNSC), and this could have an impact on the budget of the Ministry of National Defense (MApN), Defense Minister Gabriel Les declared on Thursday."A request for this procedure to be canceled was submitted. It was accepted by CNSC and suspended at this time. We have been asked for some documents, and now we ...

US military staff participating in Saber Guardian 19 by error damage crops in Ialomita County

Friday, June 21, 2019

Military staff with the US Army who on Thursday afternoon were acting in unfavourable weather conditions during the Saber Guardian 19 multinational exercise's training activities in the area of the Ialomita Island, have crossed by mistake with the armoured fighting vehicles an agricultural plot, their move resulting in damaging the crops, a release by the Press Office of the National Defence Ministry (MApN) informs.The said zone was not located on the path ...

Competition Council : Romania exporting more to Western Europe than Eastern Europe

Friday, June 21, 2019

Most of the Romanian exports are bound for the countries of Western Europe - France, Germany, Italy and the United Kingdom - that take up 57pct of the goods and services exported to the European Union and 44pct of the total exports, which means almost 37.2 billion euros in 2018, resulting in a surplus of 3.8 billion in the trade with these countries, the Competition Council says in a study on Romania's foreign trade and obstacles on the European markets for Romanian ...

AmCham President: Fiscal amnesty without justified ground creates major imbalance, encourages unhealthy behaviour

Friday, June 21, 2019


President of the American Chamber of Commerce in Romania (AmCham Romania) Ionut Simion stated on Thursday that a major imbalance and the encouragement of an unhealthy behavior would be created when bringing a fiscal amnesty through which someone's debt is to be erased without a justified ground."If a fiscal amnesty is to be given know, that means a fiscal amnesty is expected to be given later as well: 'Let's not pay!' The business milieu doesn't endorse fiscal ...

Codirlasu (CFA Romania): Romania has third lowest employment rate for women in EU

Friday, June 21, 2019

Romania seems to be a patriarchal society, having the third lowest employment rate among women in EU, while 4 out of 10 women in Romania are faced with poverty, said Adrian Codirlasu, the president of CFA Romania on Thursday, at the second edition of the Forum “Women in Investment Management CEE”. “Romania still seems to be a patriarchal society. Let me give some examples. Romania has the third lowest employment rate among women in ...

Gov't approved 5G strategy for Romania

Friday, June 21, 2019

A 5G strategy for Romania was approved on Thursday under a government decision at the proposal of the Ministry of Communications and Information Society (MCSI), according to a press statement released by MCSI."The government has set an ambitious schedule to implement the next generation of mobile communications technology by passing a 5G strategy for Romania and projecting the next decades of communications developments. The next generation of mobile technology, ...

Kaspersky: Cyber Attack on hospitals in Romania is part of alarming tendency at world level

Friday, June 21, 2019


The cyber attack on hospitals in Romania is part of an alarming tendency at global level. There have been similar cases in the US or Germany, according to Kaspersky representatives. “Until now, we do not know what ransomware caused the attack in Romania. According to a SRI hypothesis, we are talking about BadRabbit, an older ransomware. In many cases of ransomware, their success is based on 4 big types of problems: not all systems in the network ...

Egypt's President welcomed at Cotroceni Palace with military honors

Thursday, June 20, 2019


President Klaus Iohannis welcomed on Wednesday at the Cotroceni Presidential Palace his Egyptian counterpart Abdel Fattah El-Sisi, who is on an official visit to Romania. Egypt's head of state was welcomed with a military ceremony.President Iohannis's delegation includes Chief of the Romanian Army Staff, General Nicolae Ciuca, presidential advisors Bogdan Aurescu, Leonard Orban, Andrei Muraru, Ion Oprisor, Cosmin Marinescu, and state advisors Madalina Dobrovolschi ...

Invitation letter by President Donald Tusk to the members of the European Council ahead of their meeting on 20 and 21 June 2019

Thursday, June 20, 2019

After the European elections we agreed to try and appoint the new leaders of the EU institutions in June. Over the past 3 weeks I have been consulting closely and regularly with you as well as with the European Parliament and its political group leaders. These consultations have shown that there are different views, different interests, but also a common will to finalise this process before the first session of the European Parliament. To this end, I will continue to consult ...

Joint EU-U.S. statement following the EU-U.S. Justice and Home Affairs Ministerial Meeting

Thursday, June 20, 2019

On 19 June 2019 the Romanian Presidency of the Council of the European Union hosted the EU-U.S. Ministerial Meeting on Justice and Home Affairs in Bucharest, Romania. The meeting provided an opportunity for both sides to take stock of their long-standing cooperation in this area and to reaffirm their partnership in addressing common security threats. The United States was represented by the U.S. Attorney General, William Barr, and Acting Deputy ...

Vera Jourova: Romania, not in situation of triggering activation of Article 7 of EU Treaty

Thursday, June 20, 2019

 Romania is not in the position to trigger activation of Article 7 of the EU Treaty, Justice Commissioner Vera Jourova said at the Parliament Palace on Wednesday where she is to attend the EU-US Ministerial Meeting of the Justice and Home Affairs ministers.I was here at a time when the reform was going in a wrong direction. At the same time, I am glad that there was a useful meeting between Prime Minister Viorica Dancila and Mr Juncker. The Romanian side has ...

Commissioner Dimitris Avramopoulos: Romania will become very soon member of Schengen area

Thursday, June 20, 2019

Commissioner responsible for migration, home affairs and citizenship Dimitris Avramopoulos said on Wednesday that Romania will become "very soon" member of the Schengen area, given that our country has fulfilled almost all commitments.Although this issue is not part of our discussions, I would like to convey a clear message to our Romanian friends that Romania will very soon become a member of the Schengen area. I, being politically in charge with this, have ...

Justice Minister Birchall, US Attorney General Barr discuss cybercrime, corruption in all its forms

Thursday, June 20, 2019

Justice Minister Ana Birchall met on Tuesday with a delegation of the US Department of Justice headed by US Attorney General William Barr; the talks approached subjects related to justice, cybercrime and corruption in all its forms."Subjects of common interest were discussed on this occasion, in the context of the Romania - US bilateral cooperation, with emphasis on justice. Cooperation with the US mainly refers to serious crimes, with a cross-border component, ...

Interior minister and US Acting Deputy Secretary of Homeland Security discussed Illegal migration, hybrid threats

Thursday, June 20, 2019

 Illegal migration and hybrid threats were on the agenda of the meeting between Interior Minister Carmen Dan and Department of Homeland Security Acting Deputy Secretary David Pekoske."The two officials discussed ways to strengthen law enforcement co-operation and jointly tackle concerns about illegal migration and hybrid threats. The US Acting Deputy Secretary of Homeland Security thanked Ms. Carmen Dan for Romania's continued commitment to the Strategic ...

Former PM Dacian Ciolos, elected as president of Renew Europe group in the European Parliament

Thursday, June 20, 2019


PLUS leader Dacian Ciolos believes that his election as president of Renew Europe group in the European Parliament is only one step in the political construction he has devised."The Renew Europe Group's presidency is just one step in the political construction that we have been thinking over the last two years. It is an important step, but it is just the beginning of our project, and we have proved to be trustworthy in the 26 May elections, an integral part of the ...

Iohannis  urges gov't to fast track bill on appropriate administrative measures for elections

Thursday, June 20, 2019

 President Klaus Iohannis on Wednesday urged the government to fast track a bill that could be adopted by Parliament by the end of the current parliamentary session and that could set forth "appropriate electoral administrative measures," starting with the presidential election this year."I am urging the government to fast track a bill that could be adopted by Parliament before the end of the current parliamentary session to propose appropriate administrative ...

ALDE congress to convene in September for clearer ideological definition

Thursday, June 20, 2019

The Alliance of Liberals and Democrats (ALDE), minor at rule, will hold a doctrinaire convention of its congress this September for a clearer ideological definition, ALDE national leader Calin Popescu-Tariceanu said on Wednesday."In September, we will hold a doctrinaire convention for our clearer ideological definition, because we have found that there is a deficiency of doctrinal perception as far as we are concerned. We are the party of the middle class, we are ...

Jan - April 2019 wholesale turnover up 8.9 pct YoY

Thursday, June 20, 2019


As against the previous month, in April 2019 the wholesale turnover (excluding the trade with motor vehicles and motorcycles), in nominal terms, decreased as gross series by 5.4% and increased as adjusted series according to the number of working days and to seasonality by 1.2%. As against the corresponding month of the previous year, the wholesale turnover (excluding the trade with motor vehicles and motorcycles), ...

Eurostat: Romania sees biggest advance in construction works among EU member states

Thursday, June 20, 2019

Construction works in Romania recorded a 6.2pct increase in April 2019, compared with March 2019, the biggest advance among EU member states, according to the Eurostat data released on Wednesday.By comparison, in the Eurozone, construction works fell by 0.8pct from one month to the next, and construction works at the EU level declined by 0.6pct. Among the EU member states, construction works recorded the highest increases in Romania (6.2pct), Belgium (1.8pct) and ...

Turnover of services rendered to enterprises, up 15.7pct in first four months

Thursday, June 20, 2019

Compared to the previous month, in April 2019 the turnover of market services rendered mainly to enterprises, in nominal terms, decreased as gross series by 1.4% and increased as adjusted series according to the number of working days and to seasonality by 3.3%. Compared to the corresponding month of the previous year, the turnover of market services rendered mainly to enterprises, in nominal terms, increased both ...

Premium News


Monday, July 15, 2019

Financial & Banking

Monday, July 15, 2019


Tuesday, July 9, 2019


Wednesday, July 10, 2019

Energy & Environment

Thursday, July 11, 2019