Loading page...

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



Kishinev decided to bring back for an unlimited period of time, the ambassador to Russia

Tuesday, December 19, 2017

The minister of foreign affairs decided to call back to Kishinev for consultations the ambassador of the Republic of Moldova to the Russian Federation Andrei Neguta, for an unlimited period of time, informs Radio Kishinev.According to a press release of the ministry of foreign affairs and European integration of the Republic of Moldova (MAEIE)the ambassador is called back to Kishinev ‘ in connection with the cases of harassment and intimidation by the ...

Romania Evaluates Spike LR Missiles in Dismounted Configuration

Tuesday, December 19, 2017

The Romanian Army has completed testing of SPIKE LR (Long Range) missiles as part of the Romanian Army evaluation of man-portable Spike-LR in dismounted operations, http://defense-update.com informs. The Romanian army ...

Revolution file: Prosecutors have established the clear succession of the military-political events existing in the evening of December 21, 1989

Tuesday, December 19, 2017


Military prosecutor Marian Lazar has announced on Monday that investigation has substantially advanced in the Revolution file, with investigators ascertaining that evidence related to the organization of the revolution had been destroyed and that there had been three attempts to assassinate communist dictators Nicolae and Elena Ceausescu. Prosecutors decided to hear numerous witnesses and collaborated with historians, writers and journalists who had ...

PM Tudose: Budget on 2018, most generous investment budget ever post-December Romania has ever had

Tuesday, December 19, 2017

Premier Mihai Tudose on Monday said in the joint plenary sitting of the Parliament that the budget for 2018 is a development budget, adding that it is the most generous investment budget Romania has ever had since 1989."Despite all critics, the 2018 budget is a development budget, an investment budget, after a good year for our country, the year 2017, and the figures have spoken and will speak further," the Premier stated, at presenting the next year's budget ...

Commissioner Cretu : Reducing bureaucracy is a top priority in Romania

Tuesday, December 19, 2017


Reducing bureaucracy is a top priority in Romania, said European Commissioner Corina Cretu on Monday at the Victoria Governmental Palace, adding that many times she felt horrified by what she saw in Romania in terms of bureaucracy."I believe that Romania complicates its own existence when it comes to procedures. (...) Simplification is one of the top priorities of my mandate. (...) What I saw in Romania many times, in terms of bureaucracy, horrified me, for these ...

PM Tudose: Commitment for 2017 fulfilled; 5.2 bln euro payment papers lodged in Brussels

Tuesday, December 19, 2017

The Government has fulfilled its commitment assumed this year regarding the drawing of European funds, premier Mihai Tudose announced on Monday, specifying that papers for 5.2 billion euro payments are lodged in Brussels."We have been consistent and have fulfilled our commitment (...) this year. We have lodged in Brussels the payment papers for 5.2 billion, and it remains that, with your help, the Commission process the papers submitted and deliver to us, ...

Euro trades at 4.6260 lei on Monday

Tuesday, December 19, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Monday by the banks authorised to operate on the currency market is as follows:CURRENCY SYMBOL RON1 Euro EUR 4.62601 US dollar USD 3.92431 Swiss franc CHF 3.96891 British pound GBP 5.2342100 Japanese yen JPY 3.4844 1 Moldovan leu MDL 0.22851 Russian rouble RUB 0.06691 new Turkish lira TRY 1.01941 Chinese renminbi CNY ...

ANAF collected revenues up 7 pct in first 11 months

Tuesday, December 19, 2017

The National Agency for Fiscal Administration (ANAF) collected 196.58 billion lei worth of revenues in the first 11 months of this year, up 7 pct as compared to the similar period of the previous year, the institution informs on Monday.ANAF also reports a 100 percent achievement of the collection programme established through the annual budget laws. January through November 2017, the declared fiscal obligations amount to 199.015 billion lei, up 6.99 pct as ...

European Commission launches in-depth investigation into the state support for CFR Marfa

Tuesday, December 19, 2017

The European Commission has opened an in-depth investigation on Monday into Romanian state support for rail freight operator CFR Marfa, saying debt write-offs many have given the company an unfair advantage, romaniajournal.ro reads. The Commission, which oversees competition policy across the European Union, said that rail freight was an essential component of any economy’s transport links, capital.ro informs. “CFR ...

In first 10-month of 2017 trade exchanges Romania-US rose by 17.5%

Tuesday, December 19, 2017

Romania is an example in the region in terms of cooperation with US companies for developing strategic capabilities, including defense sector, cyber security, energy and IT, said Ilan Laufer, Minister for Business Milieu, Trade and Entrepreneurship, after the meeting with US Secretary of Commerce, Wilbur Ross."The two officials had a meeting in Washington whose central topic was the new historic high in terms of the trade between Romania and the US, as well as the ...

Number of pensioners in Q3, down one thousand people

Tuesday, December 19, 2017


The average number of pensioners reached 5.224 million in Q3, down one thousand people as compared to the previous quarter, while the overall ratio between the average number of state social insurance pensioners and the employees' number was 9 to 10, show data of the National Institute of Statistics (INS) released on Monday.At the wages' level, in the analysed reference interval, the average monthly pension was 1,106 lei, by 8.2 pct higher than the previous ...

King Mihai's funeral service at the Patriarchal Cathedral

Monday, December 18, 2017


* Romania has held a grand state funeral for King Michael, who died in Switzerland at the age of 96 on December 5. European royals joined Romanian President Klaus Iohannis for a funeral service led by the head of the Romanian Orthodox Church, Patriarch Daniel, on December 16 in the capital, Bucharest. Romanian Orthodox Church Patriarch Daniel, who officiated on Saturday the funeral service of King Mihai at the Patriarchal Cathedral, together ...

Requiem for King Michael

Monday, December 18, 2017

by the Permanent Representative of Romania to the UN, Ambassador Ion Jinga On Saturday 16 December 2017 bells of all churches in Romania tolled, mourning King Michael of Romania who started his last journey from the Royal Palace in Bucharest to the royal necropolis in Cathedral of Curtea de Arges (The Court upon river Arge?), a little town in the Carpathian Mountains, once the capital of medieval principality of Walachia in the 13th century. ...

President Iohannis în Brussels: Romania advocates open, fair access of national industries to European defence market

Monday, December 18, 2017


President Klaus Iohannis reiterated at the European Council in Brussels, Romania's commitment to participate in PESCO and the advocating by our country of the open, fair access of the national industries, the SME's to the European defence market, a release by the Presidential Administration reads.The president stressed that the operationalization of the Permanent Structured Cooperation (PESCO) instrument, which was officially launched on Thursday, should lead to ...

Romanian and Bulgarian MEPs adopt a joint declaration on accessiong Schengen area

Monday, December 18, 2017

Romanian and Bulgarian MEPs have committed to collaborate together regarding Bulgaria's and Romania's accession to the Schengen area, adopting in this regard a joint declaration occasioned by an informal meeting, which took place at the beginning of this week in Strasbourg.MEPs Victor Bostinariu and Andrey Kovatchev who led the works, announced that the Romanian and Bulgarian MEPs, belonging to different political groups, also committed to collaborate in order to ...

Romania reconfirms strong commitment to stimulate inter-governmental economic cooperation within OCEMN

Monday, December 18, 2017

Secretary of State for bilateral and strategic affairs in the Euro-Atlantic area with the Foreign Affairs Ministry George Ciamba headed the Romanian delegation to the 37th meeting of the Council of Ministers of Foreign Affairs (CMFA) of the Organization of the Black Sea Economic Cooperation (BSEC) that took place on Friday in Kiev and where certain decisions, resolutions and ministerial recommendations for the future of BSEC's activities were adopted.The meeting ...

DNA's Laura Codruta Kovesi: we stand the risk of going back in time at the period before 2004

Monday, December 18, 2017

Chief Prosecutor of the National Anti-corruption Directorate (DNA) Laura Codruta Kovesi claims "the anti-corruption will be done with" if the current proposals of amendment and completion of the Criminal Codes enter into force, and we stand the risk of going back in time at the period before 2004 "when the decisions regarding cases were made at a party's headquarters.""The anti-corruption fight will be done with, because if we look back in time by 12-15 years at ...

Orban: we will attack with CCR the justice laws, if they pass in the parliament

Monday, December 18, 2017


The PNL(liberal party) chairman Ludovic Orban stated on Sunday to the journalists that the liberals will attack to the Constitutional Court (CCR) the justice laws, if they pass the parliament and said that the Hungarian Democratic Union of Romania (UDMR) which is a PPE member has the obligation to vote against the PSD (social-democratic party) proposals. ‘PNL opposes, we will vote against any amendment of PSD-ALDE ( alliance of Social Democratic ...

Grayling report : Romania, regional leader on legislative amendments for the 4th year in a row

Monday, December 18, 2017


Romania ranks first in the regional legislative changes ranking, with over a quarter (280 laws) out of a total of 1,040 laws passed between August 1, 2016-August 1, 2017, according to a report conducted by Grayling in Central & Eastern Europe (CEE) and examines laws passed in six CEE countries (Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia), romaniajournal.ro reports. Poland ranks second (220 laws) and Hungary third (200 ...

Reuters: Thousands protest in Romania against judicial changes

Monday, December 18, 2017

 Thousands of Romanians protested in freezing weather across the country on Sunday against attempts by the ruling Social Democrats to overhaul the judiciary, which critics said would threaten the rule of law, Reuters correspondent reports. In Bucharest, an estimated 4,000 protesters marched from government headquarters to parliament, where lawmakers will begin debating changes on Monday to the criminal code. Earlier this ...

Premium News


Wednesday, January 17, 2018

Financial & Banking

Monday, January 15, 2018


Tuesday, January 16, 2018


Wednesday, January 17, 2018

Energy & Environment

Thursday, January 11, 2018