Loading page...

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

Subscribe|Login

Daily

Romania-France cultural season to end July 14 with events in Carol Park

Thursday, July 4, 2019

19070409083346292263_2281647691846391_4525492389938200576_n.jpg

The Romania-France cultural season ends on July 14 in the Carol Park in Bucharest, where events for children, concerts and a fireworks show will be unfolded, according to French ambassador to Romania Michele Ramis.Among the events there are culinary demonstrations, children's events, and happenings. At 18:00hrs, there will be a concert to be staged by the band Vunk and Delia.The day ends at 22:30hrs with a fireworks show by Groupe F French ...

Eurostat: Romanians spend the most on food, Europeans on utilities

Thursday, July 4, 2019

190704091058young_woman_putting_goods_on_450w_394230274.jpg

Households have different consumption patterns very much depending on income levels, cultural habits or geographical situation. On average in the EU in 2017, the largest part (nearly a quarter) of household consumption expenditure was devoted to "housing, water, electricity and gas" (which excludes purchase of dwellings), while "transport" accounted for 13 % and "food" for 12 %. "Restaurants and hotels" and "recreation and culture" followed with shares of around 9 % ...

EY Survey: Romania, an increasingly aging country

Thursday, July 4, 2019

190704091658elderly_happy_woman_outdoor_portrait_450w_1237500643.jpg

The Romanian population is getting older and it’s moving from rural to urban areas. An analysis by EY Romania shows that over the past five years, the share of young segment (under 15) in the total population has decreased gradually to reach 14.8 percent in 2018. On the other hand, the number of Romanians aged over 65 has exceeded the number of those under 15 starting in 2014. The average age in Romania has increased by about 4 years in the last ...

The quiet rise of Ursula von der Leyen

Wednesday, July 3, 2019

German defence minister Ursula von der Leyen, a compromise name for the next  European Commission President, is a non-divisive political figure on EU stage and quiet tactician hardly known outside Germany. But her career at home has often been marked by scandals, euractiv.com reads. As leaders of the EU-28 fought over several compromise deals which finally collapsed, the 60-year old mother of seven emerged from the shadows as their favourite ...

EU summit suggests Stanishev to take over as European Parliament chief

Wednesday, July 3, 2019

Although it has not been committed to paper, EU leaders suggested that Bulgaria’s Sergei Stanishev, president of the Party of European Socialists, would be the president of the new European Parliament for the next 2.5 years, as part of a package agreed at the EU summit on Tuesday (2 July), euractiv.com informs. For the second half of the five-year mandate, the president is expected to be Manfred Weber, the unsuccessful German Spitzenkandidat of ...

PM Maia Sandu: EU accession is complicated; we must regain European institutions' trust

Wednesday, July 3, 2019

190703101153original_vizita_pm_moldova_maia_sandu_02_07_2019_69.jpg

Moldovan Prime Minister Maia Sandu said on Tuesday that the country's accession to the European Union is "complicated", stating that the trust of the European institutions must be regained."We are aware that the accession process is a complicated one. We also acknowledge that, especially in recent years, the Republic of Moldova or its government has declared itself pro-European but the actions of the government have gone against European values and standards. Now ...

Acting Attorney General Bogdan Licu met European experts on the Co-operation and Verification Mechanism report

Wednesday, July 3, 2019

Acting Attorney General Bogdan Licu said on Tuesday that "it is very difficult" to support a section such as Justice Crime Investigation Section (SIIJ) given that it has cancelled "overnight" appeals in several court cases.Licu attended a meeting at the European Commission Representation in Bucharest at with European experts on the next progress report on Romania's progress with judicial reform and the fight against corruption under the Co-operation and ...

AEP : First round of presidential elections on 10 November and 2nd round on 24 November

Wednesday, July 3, 2019

190703101304hand_person_casting_vote_into_450w_552864952.jpg

President of the Permanent Electoral Authority (AEP) Florin Mituletu-Buica announced on Tuesday that the first round of the presidential elections will take place on 10 November and the second round on 24 November."I had a discussion with Mrs Prime Minister, we had two proposals: 3 [November] - the first round and 17 [November] - the second round. During the discussions, taking into account that the legislative initiative is about to be completed and, next week, ...

Ambassador Ion I. Jinga participated at the meeting between the Peacebuilding Commission leadership and high-level World Bank officials

Wednesday, July 3, 2019

The Permanent Representative of Romania to the UN, Ambassador Ion I. Jinga, in his capacity as Vice-Chair of the Peacebuilding Commission (PBC), attended the Informal Interactive Dialogue between the World Bank and the PBC that took place on the 1st of July, in Washington D.C. The meeting was hosted by Mahmoud Mohieldin, World Bank Senior Vice President for the 2030 Development Agenda, United Nations Relations, and Partnerships. Darietou Gaye, Director ...

DIICOT prosecutors raid Tarom air company 

Wednesday, July 3, 2019

The Directorate for Investigating Organised Crime and Terrorism (DIICOT) prosecutors are taking documents on Tuesday morning from Tarom company in an embezzlement case, court sources said.According to the quoted sources, the raids are taking place at the Technical Department, which provides maintenance services for Tarom's aircraft fleet. The enquiry targets a trade union leader and several mechanics from Tarom's Technical Department."This morning, ...

Isarescu, validated by Parliament's Budget Committees for the position of Governor of the National Bank of Romania

Wednesday, July 3, 2019

190703101952acuzatii_pentru_guvernatorul_bnr_mugur_isarescu_ar_fi_colaborat_cu_securitatea_sub_numele_de_cod_manole_foto_video_224735.jpg

The Governor of the National Bank of Romania, Mugur Isarescu, was unanimously endorsed on Tuesday for a new term in office, at the BNR helm, by the Budget Committees of the Chamber of Deputies and the ...

Budgetary deficit of 1.4% of GDP after the first five months of 2019

Wednesday, July 3, 2019

190703102103calculator_budget_deficit_on_display_450w_209166136.jpg

The general consolidated state budget ended the first five months of this year with a deficit of 1.4% of Gross Domestic Product (GDP), respectively RON 14.7 billion, the most significant negative balance of the past 8 years. Given that after the first four months of the year the ...

Analysis: Companies in the IT industry, the most profitable in the top of US investment in Romania

Wednesday, July 3, 2019

Romania’s IT industry ranks first among the most profitable investment for local US companies, with a combined net profit for leading companies including international giants such a? Microsoft, Stefanini, Amazon, or Adobe of over EUR 25.8 million, according to KeysFin's analysis. The net profit, ...

French company Naval Group and Constanta Shipyard won auction on multi-functional corvettes

Wednesday, July 3, 2019

The partnership between French company Naval Group and Constanta Shipyard has won the auction on supply of multi-functional corvettes, official sources revealed as quoted by ...

Eurostat: Romania recorded the largest increase in industrial production prices in the EU in May

Wednesday, July 3, 2019

In May 2019, compared with April 2019, industrial producer prices fell by 0.1% in the euro area (EA19) and remained unchanged in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In April 2019, prices decreased by 0.3% in the euro area and remained unchanged in the EU28. In May 2019, compared with May 2018, industrial producer prices rose by 1.6% in the euro area and by 1.9% in the ...

“Medieval Mystery”, theme of 26th edition of Medieval Sighisoara Festival

Wednesday, July 3, 2019

190703102830festival_medieval.jpg

The 26th edition of Medieval Sighisoara Festival, the oldest festival of this kind in Romania, to be held over 26-28 July, has the theme “Medieval Mystery”.  The 26th edition intends to bring  Medieval Sighisoara Festival to the value it deserves – that of the oldest medieval festival in Romania which enjoys the authenticity of the period of time through shows, music and images, thus becoming a gate to time travel in the ...

Moldova's PM Sandu welcomed by President Iohannis

Tuesday, July 2, 2019

1907021019101562044595original_vizita_pm_moldova_maia_sandu_02_07_2019_6.jpg

Moldova's Prime Minister Maia Sandu was welcomed by President of Romania Klaus Iohannis at the Cotroceni Presidential Palace on Tuesday morning, according to the Presidential Administration. At the end of the meeting, the two will hold a joint news conference. Maia Sandu came to the Cotroceni Palace with Moldovan Deputy Prime Minister Andrei Nastase.While in Bucharest, Sandu is also scheduled meet Romania's Prime Minister Viorica Dancila ...

Locked in strife, EU leaders adjourn talks on top jobs for next morning

Tuesday, July 2, 2019

A summit of EU28 leaders was adjourned in acrimony on Monday (1 July) after almost 18 hours of talks failed to produce an agreement on how to carve out the bloc’s top jobs, due to opposition from Eastern member states and divisions within the conservative European People’s Party, euractiv.com informs. The leaders agreed to resume at 11 am on Tuesday, but German Chancellor Angela Merkel hinted it could still be difficult to break the ...

Moldova's minister of foreign affairs: Romania was the first country which made an appeal for a peaceful transition in Kishinev

Tuesday, July 2, 2019

190702101949whatsapp_image_2019_07_01_at_16.11.30_1.jpeg

Romania was the first country which, through public statement, appealed to a peaceful transition in Kishinev, stated the minister of foreign affairs of the Republic of Moldova,  Nicolae Popescu on Monday in a press conference with his Romanian counterpart Teodor Melescanu. He remembered the tensioned moments in the capital city of the Republic of Moldova, after the government he was part of was sworn in. ‘I had a very ...

Three border crossing checks between Romania and the Republic of Moldova will be modernized with European funds

Tuesday, July 2, 2019

190702103035658x0_vama_albita_daniel_mihailescu.jpg

Three border crossing checks between Romania and the Republic of Moldova, Albita –Leuseni, Sculeni – Sculeni and Giurgiulesti – Giurgiulesti respectively will be modernized with European funds. The value of the project is 10 million euro, the duration being 36 months. The Management Authority for the Programme Romania –Moldova in the Ministry of Regional development and public administration (MDRAP) and the National agency for ...

Premium News

Daily

Monday, July 15, 2019

Financial & Banking

Monday, July 15, 2019

Economic

Tuesday, July 9, 2019

Companies

Wednesday, July 10, 2019

Energy & Environment

Thursday, July 11, 2019