Loading page...

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

Subscribe|Login

Daily

In October 2017, the wholesale turnover increased by 2.6% compared to the previous month

Friday, December 15, 2017

As against the previous month, in October 2017 the wholesale turnover (excluding the trade with motor vehicles and motorcycles), in nominal terms, decreased as gross series by 0.9% and increased as adjusted series according to the number of working days and to seasonality by 2.6%. As against the corresponding month of the previous year, the wholesale turnover (excluding the trade with motor vehicles and ...

IN OCTOBER 2017, THE VOLUME OF CONSTRUCTION WORKS1 DECREASED BY 1.3% COMPARED TO THE PREVIOUS MONTH

Friday, December 15, 2017

  Compared to the previous month, in October 2017, the volume of construction works increased, as gross series, by 6.2% and decreased, as adjusted series according to the number of working days and to seasonality, by 1.3%. Compared to the corresponding month of the previous year, the volume of construction works fell both as gross series and as adjusted series according to the number of ...

Study: Over 84% of Romanians associate end of year celebrations with fir trees and lights and 78% listen to specific music

Friday, December 15, 2017

171215101737162312_667x720_WhiteLightTree.jpg

Over 84% of Romanians associate end of year celebrations with fir trees and lights, while 78% listen to music specific of this period, according to a specialised study. The opinion poll shows that 72% of Romanians choose to spend their free time with the loved ones during winter celebrations, 15% make plans for celebrations and winter activities and 13% of respondents prefer to rest, according to data of the stidy made by ELBI Electric & Lighting ...

King Mihai I returns home for final rest after decades of exile

Thursday, December 14, 2017

171214102310sicriu_regele_mihai_57062200.jpg

By everything he did, Mihai I has put his entire life in the service of the Romanian nation and will remain in the collective memory as a symbol of the Romanian people's fight for freedom, on Wednesday wrote President Klaus Iohannis in the condolence book at the Peles Castle."A true leader has left us, representing our country with honour, bravery and patriotism, during hard times, becoming a landmark of identity and solidarity for our nation: His Majesty King ...

New Royal houses confirmed their presence at the funerals of King Mihai

Thursday, December 14, 2017

New information with regards to the royal houses who send their representatives to Romania for the funerals of King Mihai on 16 December. Other personalities and members of royal families who confirmed their presence: the mother of king Abdullah II of   Jordan, the princess Isabelle of Lichtenstein, Simeon II of Bulgaria, the prince Leka of Albania, Maria Magdalena of Austria, the princess Chantal ofFrance and the nobility families of Austria ...

Minister Laufer to the ambassador of Canada: I am worried about the way in which you to overdo your attributions

Thursday, December 14, 2017

The ambassador of Canada  Kevin Hamilton  gets involved in the domestic political life of Romania and  overdoes his attributes, considers the minister for the business environment, commerce and entrepreneurship, Ilan Laufer. The ambassador of Canada to Romania Kevin Hamilton stated on Tuesday in Iasi that his country together with other international partners is worried about the amendments to the justice laws, considering that he ...

Ambassador Hamilton: Romania still has image-related issues in Western Europe, Canada and United States

Thursday, December 14, 2017

171214103848kevin_hamilton_ambasadorul_canadei.jpg

Romania continues to have image-related issues in Western Europe, Canada and the United States of America and it is not fair for that to happen, Canada's Ambassador in Bucharest Kevin Hamilton stated during Tuesday's meeting with the leadership of Gheorghe Asachi Technical University in Iasi (TUIASI), according to a press release sent by the university to Agerpres on Wednesday.Canada's Ambassador argued that he intends to redress this misguided image during his ...

Amendments to the Chamber of Deputies regulation, adopted in spite of the vehement criticism from the opposition

Thursday, December 14, 2017

The Plenum of the Chamber of Deputies has voted on Wednesday to amend the Chamber’s regulation, which stipulates that if one of the amendments has been accepted, the other amendments would be rejected, although opposition parties USR (Save Romania Party) and PNL (National Liberal Party) and PMP ( People's Movement Party )have vehemently criticized the demarche. The draft bill amending the regulation was adopted by 176 votes in favour and 88 ...

Euro trades at 4.6327 lei on Wednesday

Thursday, December 14, 2017

 The exchange rate of the national leu currency resulting from the quotations announced on Wednesday by the banks authorised to operate on the currency market is as follows:CURRENCY SYMBOL RON1 Euro EUR 4.63271 US dollar USD 3.94311 Swiss franc CHF 3.97571 British pound GBP 5.2626100 Japanese yen JPY 3.4772 1 Moldovan leu MDL 0.22771 Russian rouble RUB 0.06671 new Turkish lira TRY 1.02481 Chinese ...

Minister Sova: Insolvency is Fondul Proprietatea's alternative to Romanian Post's capitalisation

Thursday, December 14, 2017

171214103235Exterior_Oficiu_Postal.jpg

Fondul Proprietatea (FP) is preventing the capitalisation of the Romanian Post (Posta Romana National Company, CNPR), the alternative submitted by the minority shareholder to saving the national postal operator being the company's insolvency, the Ministry of Communications and Information Society (MCSI) informs on Wednesday in a release..On Wednesday, the Communications Minister Lucian Sova called a meeting with the FP's delegation, the CNPR's minor shareholder to ...

APMGR: Ministry of Health, Ministry of Finance acting deliberately for disappearance of cheap medicines

Thursday, December 14, 2017

171214103140medicines_l.jpg

 The Association of Generic Medicine Producers (APMGR) and the Industrial Medicine Producers' Employer Association of Romania (PRIMER) are accusing the Ministry of Health and the Ministry of Public Finance of acting deliberately for the disappearance of cheap medicines from the Romanian market and for the destruction of the local medicine-producing industry, an APMGR release shows.Adrian Grecu, president of the APMGR, said that he cannot have another ...

INDUSTRIAL PRODUCTION1 INCREASED BY 1.0%   IN OCTOBER 2017 COMPARED TO SEPTEMBER 

Thursday, December 14, 2017

In  October  2017,  industrial  production  increased  by  4.5%  as  gross  series  compared  to  the previous month and was up 1.0% as series adjusted by number of working days and ...

In October 20171 , the turnover of the trade with motor vehicles increased by 0.6%

Thursday, December 14, 2017

Compared to the previous month, in October 2017, the turnover volume of the trade with motor vehicles and motorcycles increased both as gross series by 5.5% and as adjusted series according to the number of working days and to seasonality by 0.6%. The turnover volume of the market services provided to the population decreased compared to the previous month as gross series by 3.2% and increased as adjusted series according to the number of working days and to ...

King Mihai burial ceremony to be officiated on Saturday in Curtea de Arges Monastery Cathedral

Wednesday, December 13, 2017

171213100044catedrala_curtea_de_arges_17.jpg

The burial ceremony of King Mihai I will be officiated on Saturday in the Curtea de Arges Monastery Cathedral, after the coffin will be carried in a procession to the new Archbishopric and Royal Cathedral nearby, where the tomb is located, His Majesty's Press Office announced.According to a press release, on Saturday, at 14:40, the Royal Train with King Mihai's body and the Crown Custodian and members of the Royal Family of Romania will leave the Baneasa Royal ...

Delegation from the World Bank welcomed at the Cotroceni Palace

Wednesday, December 13, 2017

171213100150original_primire_banca_mondiala_12_dec_2017_5.jpg

President Klaus Iohannis welcomed on Tuesday at Cotroceni Presidential Palace a delegation from the World Bank, headed by Cyril Muller, Vice President of the World Bank's Europe and Central Asia region, the meeting focusing on the need for fiscal and budget policies to be responsible ones, informs a press release of the Presidential ...

WB delegation had a meeting with Government official on road infrastructure, judiciary and healthcare sector

Wednesday, December 13, 2017

Deputy Prime Minister Marcel Ciolacu on Tuesday had a meeting with a World Bank delegation, the main topics tackled being road infrastructure, the judiciary and the healthcare sector, the Government informs in a release.According to the cited source, Deputy Prime Minister Ciolacu stressed the interest and openness of the Government to work with the World Bank, as well as the good collaboration between the two institutions. He also pointed out that the Government's ...

Re-launch of traditional relationships with African states:

Wednesday, December 13, 2017

Foreign Affairs Minister Teodor Melescanu participated on Tuesday in the meeting called "Africa Initiative - A renewed commitment for the 21st century," context in which the head of the Romanian diplomacy underscored the importance of intensifying the political dialogue with many of the African states.According to a release of the Foreign Affairs Ministry (MAE), this meeting is part of the foreign policy strategy of Romania's Government to re-launch the ...

Judicial Inspectorate remains structure with legal personality within CSM

Wednesday, December 13, 2017

The Special Committee for laws of justice Chairman, Florin Iordache, has said on Tuesday that the Social-Democratic Party (PSD) gives up the setting up of the National Council for Magistrates’ Integrity and that the Judicial Inspectorate with legal personality under the authority of the Superior Council of Magistracy (CSM), romaniajournal.ro informs. “The fear that we shift the Judicial Inspectorate under Justice Ministry’s authority ...

Canadian ambassador: Canada worried about reform in justice

Wednesday, December 13, 2017

17121310054324991381_1784304164962217_2419979301513253542_n.jpg

Kevin Hamilton, the Ambassador of Canada in Bucharest met Mihai Chirica at Iasi Town Hall on Tuesday. He declared to the press that the fact that people go to the street and protest peacefully shows that Romania has a strong democracy. Canada, as well as many international partners, has the same worries as many protesters, about reform in justice and the package of laws debated in Parliament. Since 2007 to the present day, Romania has made remarkable ...

IN NOVEMBER 2017, THE ANNUAL RATE OF PRICES WAS 3.2%

Wednesday, December 13, 2017

171213100653pib_1496851133.jpg

Consumer prices were up 3.2% in November 2017 compared to November 2016. The average rate of consumer prices based on the CPI over the last 12 months (December 2016-November 2017) as compared to the previous 12 months (December 2015-November 2016) was 1.0%. The average rate based on the HICP was 0.9%. Consumer prices continued to ...

Premium News

Daily

Wednesday, January 17, 2018

Financial & Banking

Monday, January 15, 2018

Economic

Tuesday, January 16, 2018

Companies

Wednesday, January 17, 2018

Energy & Environment

Thursday, January 11, 2018