Loading page...

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

Subscribe|Login

Daily

Romania's industrial turnover, up 5.3 pct in first 11 months of 2024

Friday, January 24, 2025

 The turnover in industry, in domestic and foreign markets, overall, increased in nominal terms by 5.3% in the period January 1 - November 30, 2024, compared to the same period in 2023, according to data published on Thursday by the National Institute of Statistics (INS).The evolution of industrial turnover was influenced by the manufacturing industry, which rose by 5.7%, and by the the mining and quarrying industry, which fell by 3.9%.By ...

New orders in the processing industry up 2.7pct January through November, 2024

Friday, January 24, 2025

 New orders in the manufacturing industry increased by 2.7%, in nominal terms, overall (domestic and foreign markets), between January 1 and November 30, 2024, compared to the same period in 2023, according to data published on Thursday by the National Institute of Statistics (INS).In the same period, the evolution of new orders in the manufacturing industry was due to the growth recorded in the capital goods industry (+6.6%). Decreases were recorded in ...

Turnover in market services to population down 0.9pct January through November 2024

Friday, January 24, 2025

Turnover in market services provided to the population decreased by 0.9% in the first 11 months of 2024 compared to the period January 1 - November 30, 2023, both as gross series and as series adjusted depending on the number of business days and seasonality, data from the National Institute of Statistics show.The evolution was generated by the decreases recorded in the activities of travel agencies and tour operators (-7.5%), hairdressing services and other ...

MApN: Russian media disinform about Russia's attacks near Romania's borders with Ukraine 

Thursday, January 23, 2025

Romania's Defence Ministry (MApN) says that the Russian press is disinforming about the recent attacks on January 16 - January 17, carried out with drones by the forces of the Russian Federation on civilian port infrastructure in Ukraine, near the border with Romania.According to a MApN press statement, the Russian disinformation campaign uses false or out-of-context information and invents non-existent situations to manipulate the truth and ...

ForMin Hurezeanu and his Turkish counterpart discuss the situation in the Black Sea by phone

Thursday, January 23, 2025

  Minister of Foreign Affairs, Emil Hurezeanu had, on Wednesday, a phone discussion with his Turkish counterpart, Hakan Fidan. ‘ I had an excellent phone conversation with the Turkish minister of foreign affairs, Hakan Fidan with focus on the consolidation of the strategic partnership Romania – Turkey together with constructive ...

Romanian citizen kidnapped in Yemen freed

Thursday, January 23, 2025

The Romanian citizen who was part of the team of the ship ‘Galaxy Leader’ and kidnapped in Yemen was freed and is safe, said, on Wednesday the ministry of foreign affairs (MAE).The MAE notes that the action is the result of the sustained efforts of the Foreign Intelligence Service (SIE) and the other institutions within the Crisis Cell, in cooperation with the ...

German ambassador: Élysée Treaty, foundation of close Franco-German friendship and symbol of reconciliation

Thursday, January 23, 2025

250123100744474619488_918682597119390_6565761581510876393_n.jpg

The Élysée Treaty is the foundation of the close Franco-German friendship and the symbol of reconciliation between Germany and France after World War II, said the German ambassador in Bucharest, Peer Gebauer.The message is sent by the German diplomatic mission in the context in which Germany and France celebrate 62 years since the signing of the Treaty between the Federal Republic of Germany and the French Republic of 22 January ...

Presidential candidate Antonescu: For the sake of democracy, president Iohannis should have resigned

Thursday, January 23, 2025

The presidential candidate of the PSD-PNL-UDMR coalition (Social Democratic Party, National Liberal Party, Democratic Union of Hungarians of Romania), Crin Antonescu, on Tuesday stated that president Klaus Iohannis should have terminated his mandate as soon as the new Parliament was configured, in the context in which "he doesn't at least communicate with the people.""For the sake of democracy, stability and a minimum trust that is needed ...

Senate president Bolojan: Request for suspenion of president Iohannis is just for image, it's irrational

Thursday, January 23, 2025

Senate president Ilie Bolojan on Wednesday stated that the request to suspend president Klaus Iohannis from office is just a move made for image and is ''irrational.""During this period, what you see are actually pre-campaign political actions that have only an exclusively political purpose and have no connection with reality. Take into account, first, that the signatures for the suspension request were submitted only to the Deputies Chamber, ...

UDMR does not support president's dismissal, it would deepen society's divide

Thursday, January 23, 2025

The Hungarian Democratic Union of Romania (UDMR) does not support the dismissal of President Klaus Iohannis because such an approach would divide the Romanian society, Development Minister Cseke Attila declared on Wednesday, completing his remarks with a plea for stability."A president's dismissal reverberates in society - both on the side that wants it done, and on the side that doesn't want it. However, in 35 years we haven't dismissed a ...

AUR has decided to support Calin Georgescu in the presidential elections

Thursday, January 23, 2025

The Alliance for the Union of Romanians (AUR) has decided on Wednesday to support Calin Georgescu in the presidential elections in May. AUR leader, George Simion, stated in a message on social media that he does not wish to run for president and that he would be better as a prime minister than as a president, but only Romanians can decide that.   "Regarding the ...

Bolojan: Senate positions, down from 796 to 618; car fleet, fuel allowance, cut by 20%

Thursday, January 23, 2025

Senate President Ilie Bolojan announced on Wednesday that the number of positions in the Senate will be reduced from 796 to 618, and the car fleet and the fuel allowance will be cut by 20%."I proposed a new organisation chart, this chart was approved along with the two memoranda, and once it is approved in the first days of February, with the start of the regular session, it will become mandatory. In the coming period, we will have this ...

Expert Popa: We are facing a critical stage of convergence process; we must manage public debts prudently

Thursday, January 23, 2025

 Romania risks entering a period of economic stagnation and loss of competitiveness if we follow an unsustainable economic model, characterized by growth based predominantly on consumption and indebtedness, without investments in technology, reforms and innovation, argues Cristian Popa, member of the Board of Directors of the National Bank of Romania (BNR), in an opinion article sent on Wednesday.He emphasised that the opinion presented in ...

Gold prices hit a new all-time high of 422.4014 lei/gram

Thursday, January 23, 2025

The gold gram got more expensive by 2.0695 lei (0.49%) up to a quotation of 422.4014 lei from 420.3419 lei as the National Bank of Romania announced, registering a new record value.The national currency depreciated on Wednesday against the euro, which was calculated by the National Bank of Romania (BNR) at 4.9768 lei, up by 0.04 bani (+0.01%) from the previous quotation of 4.9764 ...

Deloitte: Romania's economy could grow by almost 3pct in 2025

Thursday, January 23, 2025

Romania's economy could grow by almost 3% in 2025, according to a presentation made by Alexander Boersch, chief economist and coordinator of the Deloitte Germany Research Division, at a specialist conference in Bucharest"Overall, the global economy grew at a rate slightly more than 3% in 2024 and it's likely to grow again at 3.1% in 2025. So, not much change on the overall level. However, we see a bit of movement under the surface. We see that ...

Standard projects to be funded under Interreg NEXT Romania-Ukraine Programme, approved

Thursday, January 23, 2025

  The Monitoring Committee approved the standard projects that will be funded under the Interreg NEXT Romania-Ukraine Programme, the Ministry of Development, Public Works and Administration (MDLPA), the Managing Authority for this cooperation programme, announced on Wednesday.At the meeting, which took place in Bucharest, the Managing Authority within MDLPA presented the results obtained at the end of the selection process for the ...

EIB willing to finance up to 75 pct of eligible capital cost of energy efficiency projects

Thursday, January 23, 2025

 The European Investment Bank (EIB) is willing to finance up to 75% of the eligible capital cost for each energy efficiency project, provided that it covers no more than 50% of the project's value, head of the EIB Group Office in Romania Marius Cara told a specialist conference on community involvement in the green transition."Energy efficiency is a priority that obviously targets all sectors of the economy. We aim to support the renovation ...

Italy and Romania strengthen cooperation in the fight against economic and organised crime, including in support of civil society

Thursday, January 23, 2025

2501231011391.jpg

Over the last months, the Embassy of Italy to Bucharest, with the presence of a legal expert, cooperated at operational level with the Italian Asset Recovery Office of the Ministry of the Interior – International Police Cooperation Service (SCIP) on some pending requests for tracing criminal assets to be confiscated for the Romanian authorities.   The ...

PSD National Political Council validates Crin Antonescu's candidacy for presidential election

Wednesday, January 22, 2025

 The National Political Council of the Social Democratic Party (PSD - at rule) validated on Tuesday Crin Antonescu's candidacy for the presidential election, announced Social Democrat Radu Oprea.According to him, it was also decided to convene an extraordinary party congress on February 2 to support Antonescu in the presidential ...

Avangarde presidential election poll: Calin Georgescu - 38 pct; Crin Antonescu - 25 pct, Nicusor Dan - 17 pct

Wednesday, January 22, 2025

Former independent candidate Calin Georgescu is expected to get 38% in the first round of the presidential elections, if they were held next Sunday, followed by Crin Antonescu (supported by the National Liberal Party - PNL, the Social Democratic Party - PSD, the Hungarian Democratic Union of Romania - UDMR) with 25%, Nicusor Dan (independent candidate) - 17%, George Simion (the Alliance for the Union of Romanians - AUR) and Elena Lasconi (Save Romania Union - USR) - 6% ...

Premium News

Daily

Thursday, February 6, 2025

Financial & Banking

Monday, February 3, 2025

Economic

Tuesday, February 4, 2025

Companies

Wednesday, February 5, 2025

Energy & Environment

Thursday, February 6, 2025