Loading page...

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



Pavel Filip and Jens Stoltenberg talked about measures for opening NATO Liaison Office

Friday, February 24, 2017


Pavel Filip, the premier of Moldova, had a phone talk on Thursday, with NATO Secretary General Jens Stoltenberg. They spoke about the inauguration of the NATO Liaison Office in Chisinau and measures to be adopted by authorities to facilitate this process, Moldova’s government mentions in a press release. Pavel Filip emphasized that his government would grant support to facilitate accreditation procedures for Office staff, as well as for the ...

Euro trades at 4.5190 lei on Thursday

Friday, February 24, 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 ...

Romania sells planned 300 mln lei (66 mln euro) in 2027 T-notes, yield up

Friday, February 24, 2017

Romania on Thursday sold 300 million lei ($69.6 million/66.3 million euro) of Treasury notes maturing on July 26, 2027, in line with target, central bank data showed quoted by seenews.com. The average accepted yield at the auction rose to 4.07% from 3.96% at the previous auction of government securities of the same issue held in January, the data indicated. Demand for the T-notes, which carry an annual coupon of 5.80%, rose to ...

Romania exported reaction propulsion units in excess of 113.2 million euro in the first eleven months of 2016

Friday, February 24, 2017

 In the first eleven months of 2016, Romania exported reaction propulsion units, including turbo-reactors, turbo-propellers and other gas turbines, in excess of 113.2 million euros, which was up 13 percent from same period period of 2015, according to data with the Ministry of Business Environment, Trade and ...

PIAROM: study on the dynamics of labor force

Friday, February 24, 2017


The number of employees with general education increased by 8.5 pct in 2016, to over 750,000 employment contracts, those with secondary and post-secondary education rose by 12 pct, reaching more than 510,000 work contracts, and those with higher education fell by 11.5 pct, down to about 950,000 employees, show data from a study on the dynamics of labor force, conducted ...

Romania exported processed rubber worth 1.7 billion euros, în he first ten months of 2016

Friday, February 24, 2017

In the first ten months of 2016, Romania exported processed rubber worth 1.7 billion euros, up 3.4 percent for the same period of 2015, according to data with the National Statistics Institute (INS). Romania's imports of processed rubber stood ...

Romania has lowest number of cultural employees in EU

Friday, February 24, 2017


Romania records the lowest number of employees in cultural fields in EU, with a share of 1.2%, Luxembourg being at the opposite pole with a share of 4.4%, according to the Eurostat report released in Wednesday. Over 2011-2015m the number of employees in cultural fields grew constantly, with 410,000 more jobs (+7%) in EU. In 2015, about 6.5 million people were employed in the cultural sector in EU. The sector represented about 3% ...

Dragobete, Romanian day of love, February 24

Friday, February 24, 2017


The Folk Celebration of love, Dragobetele is celebrated every year on February 24, the day when the Orthodox Church celebrates the First and Second Finding of St. Prophet John the Baptist's Head. February 24 also marks the beginning of the ...

Family of President Klaus Iohannis lost in the court a house in the center of Sibiu

Thursday, February 23, 2017

 Romania's president has lost his bid to overturn a ruling on a property he lost ownership of, following an 18-year court case. A court in the southern city of Pitesti on Wednesday rejected President Klaus Iohannis' appeal for the annulment of a lawsuit connected to a property that he and his wife bought in 1999 in the central city of Sibiu. The couple bought the property from someone who claimed to be the rightful owner of ...

PSD votes the list of new Ministers: Tudorel Toader- proposed as Justice Minister, Mihai Tudose proposed for Economy Ministry

Thursday, February 23, 2017


Less than two months after being sworn into office, the government led by Sorin Grindeanu could go through the first major changes in its structure, following a decision taken by the Social Democratic Party (PSD). In a special party meeting held on Wednesday, the social democrats voted for bringing new ministers on board. The move was confirmed by PM ...

Rallies in Victoriei Square entered their 23rd day, while the anti-presidential ones entered their 18th consecutive day

Thursday, February 23, 2017

More than 200 people protested on Wednesday evening in Victoriei Square of Bucharest City, shouting anti-government and anti-Social Democratic Party (PSD, at rule) slogans, while tens of people protested before the Cotroceni Presidential Palace asking for President Iohannis to ...

Chief of the Romanian Army General Staff, General Nicolae Ciuca had important meeting in the US

Thursday, February 23, 2017

Chief of the Romanian Army General Staff, General Nicolae Ciuca had a meeting on Tuesday, in the US, with Chair of the US Joint Chiefs of Staff General Joseph F. Dunford jr., occasion on which he expressed his appreciation for the support granted by the US partner to the Romanian Army in the context of reassurance measures established on the North Atlantic Treaty Organization (NATO) level, a release of the National Defence Ministry (MApN) informs. According ...

ForMin Melescanu met ambassador of Bulgaria in Bucharest, Todor Ivanov Churov

Thursday, February 23, 2017

The Foreign Affairs Minister, Teodor Melescanu welcomed on Tuesday the ambassador of Bulgaria in Bucharest, Todor Ivanov Churov on a courtesy visit, during which the two officials stressed the importance of organizing the fourth Joint Sitting of the ...

EC Report: Romanian govt policy jeopardises fiscal consolidation gains, anti-graft effort

Thursday, February 23, 2017


The European Commission (EC) said on Wednesday that Romania's hard-won fiscal consolidation gains and anti-graft efforts are at risk of being reversed due to the government's policy. Overall, Romania made some progress in addressing the 2016 country-specific recommendations, the Commission said in a report on macroeconomic imbalances. "There was overall limited progress on credibility of fiscal institutions, on tax compliance and collection and ...

Eurostat: Romania posts second lowest annual inflation rate in the EU this January

Thursday, February 23, 2017

Romania posted a 0.3 percent annual inflation rate this January, the second lowest level, right behind Ireland (0.2 percent), and ahead of Bulgaria (0.4 percent), according to data from Eurostat, the statistical office of the European Union, business-review.eu informs. European Union annual inflation was 1.7 percent in January 2017, up from 1.2 percent in December, according to data from the same source. Compared with December 2016, annual inflation ...

Euro trades at 4.5217 lei on Wednesday

Thursday, February 23, 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 ...

Industrial barometer: in January, the industrial activity continued to drop

Thursday, February 23, 2017


The indicator for the volume of production dropped to 35 points against 55 in November and 42 in December 2016. For two months, the activity has been under 50 points, in full contraction.The indicator for stocks dropped from 43 in December to 39 in January, sign that the sales from the stocks are higher than the rate of refilling the stocks. At the same time, starting with November to January, the indicator for production costs went up from 58 to 65 ...

Renault to launch MCV Stepway model under Romanian brand Dacia

Thursday, February 23, 2017


French carmaker Renault said on Wednesday it will launch a new multi convivial vehicle (MCV) model under its Romanian brand Dacia in March, seenews.com reads. The new model, Dacia MCV Stepway, will be launched at the Geneva Motor Show, Renault said in a statement. The car has five seats and a boot capacity of 573 litres, one of the biggest on the market, Renault added. The new Logan MCV has been added to Dacia’s crossover-inspired ...

The European Commission approved the construction in two stages of the infrastructure in Ilfov and Maramures counties

Thursday, February 23, 2017

Two projects, one of rehabilitation and modernisation of the infrastructure of water and the sewage system in Ilfov county and another one for the development of the integrated management system of waste in Maramures county, received approval for two phases, according to a press release of the European Commission. Such projects are the projects which were not finalised during the previous financial exercise and at the request of the member state, the ...

About half of the Romanian are worried that their personal devices could be remotely controlled by cyber criminals

Thursday, February 23, 2017


About half (46 percent) of the Romanian users of smart gadgets are worried that their personal devices could be remotely controlled by cyber criminals, and yet more than one quarter of the respondents of a recent survey say they use the same password for all of their accounts and on all of their devices, according to a research by iSense Solutions commissioned by BitDefender and released on Wednesday. The survey reveals that 70 percent of the Romanians have ...

Premium News


Thursday, March 23, 2017

Financial & Banking

Monday, March 20, 2017


Tuesday, March 21, 2017


Wednesday, March 22, 2017

Energy & Environment

Thursday, March 23, 2017