Loading page...

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

Subscribe|Login

Daily

Timmermans in Bucharest: The best warranter of the rule of law is the Romanian people

Friday, April 21, 2017

170421101123original_ft_9266.jpg

The best warranter of the rule of law is the Romanian people, who will continue the fight against corruption after the Cooperation and Verification Mechanism (CVM) process is ended in Romania, on Thursday asserted in Bucharest the visiting First Vice-President of the European Commission, Frans Timmermans. Our fight for the rule of law and for the human ...

Laura Codruta Kovesi meets Slovenia’s ambassador to Bucharest after Sebastian Ghita’s capture

Friday, April 21, 2017

Mihael Zupancic, Slovenia’s ambassador to Bucharest had a meeting with the chief prosecutor of DNA, Codruta Kovesi, with whom he discussed about the fight against corruption in Romania, according to the Facebook page of the embassy, quoted by Mediafax agency. Slovenia authorities have collaborated with the Romanian ones in Ghita s case. ”Ambassador Mihael Zupancic had a meeting with Laura Codruta Kovesi,  DNA ...

Institutions from Serbia, Belgium, R. Moldova, France, Turkey and Croatia, among clients of Teamnet, a company founded by Sebastian Ghita

Friday, April 21, 2017

170421101324167058_articol.jpg

The Serbian Interior Ministry, the Serbian Border Police and the Securities Committee from Serbia were among the clients of Teamnet, the company founded by Sebastian Ghita and which has offices in several countries in Europe: Serbia, Belgium, R. Moldova, France, Turkey and Croatia, according to the Teamnet website. In September 2015, the Labour Ministry from Turkey assigned a public procurement contract to a Turkish consortia, net to Teamnet, to ...

Parliament leaders decide to set up investigation commission on 2009 presidential elections

Friday, April 21, 2017

The joint permanent bureaus of the Chamber of Deputies and Senate  decided on Thursday to send a draft decision to the joint plenum by which an investigation commission should be set up to see whether persons or institutions were legally involved in organizing and establishing the result of 2009 presidential elections. The official announcement was made by Liviu Dragnea, the president of the Chamber of Deputies. The decision was made by votes of ...

Reuters: Romania intends to buy Patriot missiles from U.S. to boost defences

Friday, April 21, 2017

1704211015012013._10._16._gonggun_banggongyudotan_silsagyeog_daehoe_republic_of_korea_air_force4_10322533976.jpg

NATO member Romania plans to buy Patriot missiles from U.S. company Raytheon to help protect its airspace, a senior defence ministry official said on Thursday quoted by Reuters correspondent. The plan will be a key part of the European Union country's plan to modernise its military, benefiting from a gradual increase in annual spending. The defence budget in Romania -- a NATO member since 2004 and one of Washington's staunchest ...

Smardan' Secondary Combat Training Centre : US military detachment participated at a tactical exercise with real ammunition

Friday, April 21, 2017

 The 'Smardan' Secondary Combat Training Centre, southeastern Galati County, hosted on Thursday, on a snowy bad weather with strong blizzards, a tactical exercise with real ammunition firing in which also participated the first rotational US military detachment, part of the European Reassurance Initiative ...

PM Grindeanu: Romania running budget surplus of over 1.64 billion lei in Q1

Friday, April 21, 2017

Premier Sorin Grindeanu announced on Thursday that Romania runs a budget surplus of over 1.64 billion lei, specifically 0.2 pct of GDP, in Q1. "This is a bad day for all austerity apostles. (...) I received the latest data from the Finance Ministry and not only. (...) For the first three months of the year we have a budget surplus. Specifically, according to ...

Euro rades at 4.5407 lei on Thursday

Friday, April 21, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Thursday by the banks authorized to operate on the currency market is as follows: CURRENCY SYMBOL ...

CNP: 5.2 percent Romania's 2017 economic growth projection

Friday, April 21, 2017

170421101610can_stock_photo_csp6228247.jpg

The National Prognosis Commission (CNP) has affirmed at 5.2 percent Romania's 2017 economic growth projection, which is a 0.15-percent nominal increase from its previous forecast at 816.5 billion lei, according to the CNP spring 2017 medium-term forecasts 2017-2020. CNP's real economic growth rate forecast for 2018 is set at 5.5 percent The board is also expecting household consumption to decline from 7.3 percent in 2016 to 6.8 percent in ...

Government approves payment of study on Romanian communities living abroad to OCED

Friday, April 21, 2017

170421101806maxresdefault.jpg

The government approved, by Decision, the payment of a financial contribution of 75,000 euros to the budget of the Organization for Cooperation and Economic Development (OCED) for a study about Romanian communities living abroad. The study has in view mainly the dimension of Romanian communities living in OCED member states, the main states of destination, geographic spreading of specific groups, statistics about distribution of age, gender, education ...

Former minister Gabriel Sandu, prosecuted for abuse of office in Microsoft 3 case

Friday, April 21, 2017

The prosecutors of the National Anti-corruption Directorate (DNA) started on Thursday the criminal prosecution of former Communications Minister Gabriel Sandu for abuse of office in the 'Microsoft 3' criminal case. "Following the fulfillment of the legal and constitutional requirements regarding the carrying out of the criminal prosecution against persons ...

Citizens' Dialogue with First Vice-President Frans Timmermans in Bucharest

Thursday, April 20, 2017

170420103021download__1_.jpg

First Vice President of the European Commission Frans Timmermans starts an official visit to Romania onThursday, 20 April 2017. The agenda of the visit includes meetings with Romanian officials and a meeting with the public on topics relating to the White Paper on the future of Europe, the 60th anniversary of the signing of the Treaty of Rome and of a decade since Romania joined the EU. The EU official will meet Romanian Senate chairman ...

PM Grindeanu, Carlyle Group representatives discuss furthering energy investments

Thursday, April 20, 2017

170420103134original_carlyle_9167.jpg

Premier Sorin Grindeanu discussed on Wednesday at the Victoria Palace of Government with representatives of The Carlyle Group the development of the equity player's energy investments, particularly in the Black Sea region. "The Group representatives announced their intention to move as fast as possible to the gas production stage from the Black Sea offshore blocks held under a license agreement, but also to identify new investment opportunities in ...

Many Romanians and Bulgarians will soon be able to fly to Canada with an eTA

Thursday, April 20, 2017

170420103424lp_immigrate_skilled.jpg

Starting at 16:00 on May 1, eligible citizens from Romania and Bulgaria will be able to apply for an Electronic Travel ...

Strategikon to hold a summit meeting in Romania, May 4-5

Thursday, April 20, 2017

A summit meeting dealing with current challenges against good governance in a global context will be held in Romania, May 4-5, by the Strategikon think tank, according to a press statement released on Wednesday by the ...

Eurostat: annual inflation rate declined in March to 1.6 percent in the European Union

Thursday, April 20, 2017

170420103542inflatie_01991000.jpg

The annual inflation rate declined in March to 1.5 percent in the Euro area and 1.6 percent in the European Union (EU), from 2 percent in February, while Romania, Ireland and the Netherlands recorded the lowest annual inflation rates in the EU, the data published on Wednesday by the European Statistical Office (Eurostat) ...

Euro trades at 4.5286 lei on Wednesday

Thursday, April 20, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Wednesday by the banks authorized to operate on the currency market is as follows: CURRENCY SYMBOL ...

BRD estimates that the Romanian economy will grow by 4.1% in 2017

Thursday, April 20, 2017

170420103627poza_e1475656997987.jpg

The BRD-Groupe Societe Generale analysts estimate that the Romanian economy will slow down this year and will record an advance of 4.1%while the budgetary deficit will be over the threshold imposed by the European treaties and will reach 3.4% of the GDP after the European standard |ESA 2010, shows a research report sent on Wednesday by News.ro. The BRD estimate is close to that of the IMF which revised upwards on Tuesday the estimate for the economic ...

Minister Petrescu, at the OECD conference taking place in Paris between April 18 - 20

Thursday, April 20, 2017

170420104235oecd_01_01.jpg

Acquiring membership of the Organization for Economic Cooperation and Development (OECD) will act as an acknowledgment of economic and social progress and will send foreign investors to Romania a message of confidence, argued Alexandru Petrescu, Minister for Business, Trade and Entrepreneurship in the opening of the OECD conference taking place in Paris between April ...

5,478,666 active employees under 6,239,167 individual employment contracts in Romania as of end-2016

Thursday, April 20, 2017

  There were 5,478,666 active employees under 6,239,167 individual employment contracts in Romania as of end-2016, according to data with the Ministry of Labour and Social Justice. Most of the contracts ...

Premium News

Daily

Friday, April 21, 2017

Financial & Banking

Monday, April 10, 2017

Economic

Tuesday, April 18, 2017

Companies

Wednesday, April 19, 2017

Energy & Environment

Thursday, April 20, 2017