Loading page...

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



Romania went up to 51 in the ranking of the most competitive 141 countries of the world,  made by WEF

Thursday, October 10, 2019


Romania occupies place 51, up by comparison to 2018, in the top of the most competitive 141 countries in the world, while at the top is Singapore which surpassed the US, according to a report of the World Economic Forum (WEF)published on Wednesday, AFP says. The general scoring obtained by Romania is 64.4 percentage points out of 100, up by 0.9  percentage points as compared to 2018. Before Romania there countries such as the Czech Republic (32), ...

Study: adults over 45- the biggest consumers of online news

Thursday, October 10, 2019


Adults over 45 are the biggest consumers of online news, with a rate of access of 50%, shows the quantitative study ‘ Digital Evolution Connected Consumer Monitor’ made by  Exact Business Solutions in May 2019. Thus, if the online news is of interest for four out of ten Romanians internet users, aged  between 18-65, the figures change when we look at the category of over 45, with a rate of accession of 50%. Of interest for this ...

Ursula von der Leyen rejected Romania’s second nomination for the EU Commissioner

Wednesday, October 9, 2019


The European Commission president, Ursula von der Leyen have rejected Romania’s second nomination for the EU Commissioner, namely Dan Nica, sources from Brussels told mass media She is expecting more names from Romania for the position of European commissioner because “more nominations would be welcomed”, EC sources declared for G4Media. Other sources claim that the EC President-elect will take a decision only ...

President Iohannis promulgates law establishing Holocaust Museum in Romania

Wednesday, October 9, 2019


At a ceremony hosted by the Cotroceni Presidential Palace on Tuesday, President Klaus Iohannis signed a decree promulgating a law on the establishment of the National Museum of Jewish History and the Holocaust in Romania."I have promulgated this law thinking about history, about present and especially about the future. Thirty years ago, Romanians gained their freedom with the cost of supreme sacrifice. Among the dreams and aspirations of those who sacrificed ...

Lia Savonea denounces “unprecedented crisis at CSM”

Wednesday, October 9, 2019

Lia Savonea, the president of the Higher Magistracy Council (CSM), denounced, in a statement to the press, on Tuesday, the unprecedented crisis generated by the lack of quorum at plenum meetings and announced she would inform CCR about a juridical conflict of constitutional nature, generated by actions of the justice minister, Ana Birchall, whom she accused of “serious interference in prosecutors' activity and undermining CSM ...

Signing of the Joint Declaration on the integration of the Western Balkans countries in the EU

Wednesday, October 9, 2019

The European integration of the Western Balkan countries will strengthen the European Union and consolidate peace, solidarity, prosperity in the Balkan region, Prime Minister and Chairperson of the Social Democratic Party (PSD) Viorica Dancila stated at the signing event of the Joint Declaration on the integration of the Western Balkans countries in the EU.The document was signed, alongside the Romanian Social-Democrats, by President of the Party of European ...

DefMin Les: North Macedonia's accession to NATO will contribute to improvement of security environment in the Balkans

Wednesday, October 9, 2019


The accession of North Macedonia to NATO will contribute to the improvement of the security environment in the Balkans, National Defence Minister Gabriel Les stated on Tuesday, on the occasion of the visit to Bucharest of his counterpart of the Republic of North Macedonia Radmila Sekerinska-Jankovska."I congratulated Mrs Minister for successfully completing the demarches to join NATO, the most powerful political-military alliance in the history of the world, in ...

Romania highlights the role of a strong multilateral system for achieving the Sustainable Development Goals at the General Debate of the 2nd Committee

Wednesday, October 9, 2019

The Permanent Representative of Romania to the United Nations, Ambassador Ion I. Jinga, highlighted in the General Debate of the Economic and Financial Committee (2nd Committee), that took place in New York in this period, the importance of a strong multilateral system for reaching the Sustainable Development Goals and achieving the major sustainable development international agreements - the 2030 Agenda for Sustainable Development, the Addis Ababa Action Agenda and the Paris ...

Romania climbs one spot in the World Digital Competitiveness Ranking, to 46

Wednesday, October 9, 2019


Romania ranks 46th this year in the World Digital Competitiveness Ranking, climbing one spot from 2018 and eight spots, from 2017, Andreea Paul, head of INACO - The Initiative for Competitiveness, said in a press release.According to the global ranking made by IMD World Competitiveness Center, which studied digital competitiveness in 63 countries, Romania's advantages in terms of digital competitiveness remain: Broadband Internet speed - Romania ranking 6th in the ...

Production of Ford's new Puma, the first hybrid vehicle built in Romania, starts in Craiova

Wednesday, October 9, 2019


US carmaker Ford is starting on Tuesday in Craiova the production of its new compact crossover Puma, the first hybrid vehicle built in Romania, on an investment of 200 million euros, the company informed in a release.Ford marks today the start of the serial production of the new Ford Puma at the state-of-the-art plant in Craiova, to meet the demand of customers in the fastest growing segment in the automotive industry. Coming with the advanced 48-volt EcoBoost ...

Net average wage drops to rd 640 EUR, in August

Wednesday, October 9, 2019

In August 2019, the average gross nominal earnings were 4981 lei, with 110 lei (-2.2%) less than the one registered in July 2019. The average net nominal earnings were 3044 lei, decreasing as against the previous month with 75 lei (-2.4%). The highest values of the average net nominal earnings were recorded in computer programming, consultancy and related activities ...

Nouriel Roubini, “Dr Doom”, comes to Romania

Wednesday, October 9, 2019


The famous American economist Nouriel Roubini, who foresaw the 2008 financial crisis two years in advance is one of the most famous analysts in the  world, is coming to Romania to participate in a conference organized by Profit.ro on November 11, and to attend the Annual Profit.ro Gala, on the same day. Roubini will present the real state of world economy and prospects for the next period, will reveal details about the commercial war between USA ...

PM Dancila: If motion fails, we will come next week with the reshuffle

Tuesday, October 8, 2019

Prime Minister and Social Democratic Party (PSD) leader Viorica Dancila on Monday announced that in case the censure motion doesn't pass, she will come next week before Parliament with the government reshuffle and an adjusted governing programme."If the motion doesn't pass, we will come next week with the reshuffle and with an adjusted governing programme. Certain things are already outdated. We will remove what we have already achieved and also what we cannot ...

FinMin Teodorovici: Rectification, in November; government decision on Friday, on allottments of funds to TAUs

Tuesday, October 8, 2019

Minister of Public Finace Eugen Teodorovici on Monday announced that the government meeting on Friday will adopt a decision by which 1.4 billion lei will be allotted to the Territorial-Administrative unites (TAUs), specifying at the same time that the second budgetary rectification will take place in November."This is an allotment of funds based on Ordinance 12, which refers to the budgetary rectification concerning the TAUs. We have 1.4 billion lei that we ...

The European Commission did not receive either of the proposals for the position of the European commissionaire on the part of Romania

Tuesday, October 8, 2019

The European Commision did not receive either of the proposals for the position  of European Commissionaire on the part of Romania, Dan Nica and Gariela Ciot respectively, stated for Mediafax an official of the institution. On the other hand, premier Viorica Dancila considers that the proposals were sent towards the European commission since the decision was taken regarding the two proposals. „ ‘We did not make ...

Romania and the U.S. initiate monthly consultation process on topics of bilateral interest

Tuesday, October 8, 2019


Romania and the U.S. initiated a monthly consultations process, dedicated to reviewing the topics of bilateral interest, a Foreign Affairs Ministry (MAE) release informs.Moreover, within a meeting held on Monday between Romanian Foreign Affairs Ramona Manescu and U.S. Ambassador Hans Klemm, it was reiterated the firm commitment to further enlarge the cooperation between Romania and the U.S., including by materialising the potential generated by the recent signing ...

Joe Biden scandal reaches Romania

Tuesday, October 8, 2019

Rudy Giuliani, former mayor of NYC and currently Donald Trump’s personal attorney, has made striking allegations, claiming he has information about “dirty business” that Joe Biden and his son would have in some countries, including Romania. Joe Biden might run in the presidential election next year, and thus is a potential counter-candidate for Donald Trump. Calling Biden the media’s “honey boy,” ...

OECD delegation meets Gov't representatives

Tuesday, October 8, 2019


Representatives of the Department of Sustainable Development within the Government carried out discussions on Monday, at the Victoria Palace, with a team of experts of the Organisation for Economic Co-operation and Development (OECD), regarding the implementation of Romania's 2030 National Strategy for the Sustainable Development, a release informs. "We enjoy a good collaboration with the OECD. Within the latest High Level Political Forums for sustainable ...

EIB lends 21.1 million euro for thermal insulation of 400 residential buildings in Bucharest

Tuesday, October 8, 2019

The European Investment Bank (EIB) announced on Monday that is has agreed to lend 21.1 million euro to support the thermal insulation of 400 residential buildings in Sector 2 of Bucharest, a release of the international financial institution informed.So far, the EIB approved a total funding worth approximately 613 million euro in order to increase the energy efficiency of 2,405 residential buildings in various districts of Bucharest."EIB funds will ...

Communications Minister: By 2020, we will surely start implementation of 5G technology in Romania

Tuesday, October 8, 2019

The implementation of 5G technology in Romania will surely start in 2020 and we expect the tender for the allocation of new frequencies to be finalized according to the plan, by the end of this year, Minister of Communications and Information Society Alexandru Petrescu, stated on Monday, while present at the annual conference on cyber security issues, organized, these days, at the Palace of Parliament, by the Romanian National Computer Security Incident Response Team ...

Premium News


Thursday, October 17, 2019

Financial & Banking

Monday, October 14, 2019


Tuesday, October 15, 2019


Wednesday, October 16, 2019

Energy & Environment

Thursday, October 17, 2019