Loading page...

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

Subscribe|Login

Daily

Grindeanu's expulsion from party and motion of censure - voted on by CExN of PSD

Friday, June 16, 2017

The Social Democratic Party (PSD) leadership voted on Thursday to expel Prime Minister Sorin Grindeanu from the party and to file a motion of censure against the Government, Liviu Dragnea, the Social Democrats leader, announced in a press conference at the end of the National Executive Committee's meeting. The decisions were taken ...

Motion of censure to be submitted on Monday to Parliament

Friday, June 16, 2017

A motion of censure will be submitted on Monday to Parliament by the senators and deputies of the Social Democrat Party (PSD) and Alliance of Liberals and Democrats (ALDE), ALDE chairman Calin Popescu Tariceanu announced. "We have decided together with the PSD and I have discussed with my colleagues to validate the decision to submit a motion of censure next ...

Votes needed by PSD-ALDE coalition to break down Grindeanu government

Friday, June 16, 2017

170616095029parlament_romania_800x451.jpg

The Social Democrat Party (PSD) and Alliance of Liberals and Democrats (ALDE) need at least 233 votes in Parliament to dismiss the government installed six months ago but parliamentary majority is “threatened”by former PSD leader Victor Ponta, who announced he would “initiate a group for opposition”. The Chamber of deputies and Senate, in joint session, can withdraw the confidence granted to the government by the adoption of a ...

President Iohannis urges ruling coalition to urgently resolve crisis to avoid political instability

Friday, June 16, 2017

President Klaus Iohannis has urged the ruling coalition to urgently resolve the crisis inside it, presidential spokesperson Madalina Dobrovolschi said Thursday. "Romania's President has received a letter signed by the national leaders of the PSD [Social Democratic Party] and the ALDE [Alliance of Liberals and Democrats] in which they announced having ...

Ciolos accuses the ruling coalition of "cannibalising its own government"

Friday, June 16, 2017

170616095208ciolos_main_1.jpg

Former Prime Minister Dacian Ciolos accuses the ruling coalition of "cannibalising its own government", risking the stability of the country for "personal, petty and immoral" ...

The leu depreciated on Thursday, the weakest quotation for the national currency in the last five years

Friday, June 16, 2017

170616095255120705110103237_de_taxe_si_tarife_cu_caracter_nefiscal_reduse_in_perioada_iunie_2009___mai_2011_3516.jpg

The leu depreciated on Thursday by 2.05 bani (the hundreth part of a leu - ed.n) (0.45 pct) against the European currency, which was quoted at 4.5872 lei, the weakest quotation for the national currency in the last five years. On July 23, 2012, the euro was quoted at 4,6009 lei. On Wednesday, the National Bank of Romania (BNR) traded the euro at 4.5667 lei. The leu also lost ground against the U.S. dollar, up to an exchange ...

Romania sells planned 800 mln lei (220 mln euro) in 6-mo T-bills

Friday, June 16, 2017

Romania on Thursday sold out a planned 800 million lei ($194.7 million/174.3 million euro) new issue of six-month Treasury bills, central bank data showed quoted by seenews.com. The average accepted yield at the auction was 0.51%, the data indicated. Demand for the government securities, which will mature on December 18, 2017, totalled 3.14 billion lei. Romania's finance ministry plans to auction 5.3 ...

Eurostat: Prices for food and non-alcoholic beverages in Poland and Romania in 2016 were half the EU average

Friday, June 16, 2017

Prices for food and non-alcoholic beverages in Poland and Romania in 2016 were half the European Union average, data published on Thursday by the European statistics Office (Eurostat) reveals. Overall, prices for food and non-alcoholic beverages in the EU varied last year between 62 percent of the EU average in Poland and Romania, to almost 150 percent in Denmark, which is followed by Sweden (126 percent), Austria (123 percent), Luxembourg (121 percent), ...

Romania's PSD party withdraws political support for PM Grindeanu

Thursday, June 15, 2017

170615095818original_img_1582.jpg

Romania's ruling leftist Social Democrats (PSD) withdrew political support for the six-month-old cabinet of Prime Minister Sorin Grindeanu with overwhelming majority on Wednesday. "The cabinet ministers have resigned, Mr Grindeanu no longer has a government," Liviu Dragnea, the leader of the Social Democrats said after a government meeting. But Prime Minister Sorin Grindeanu has refused to quit office after his ruling ...

Angela Cristea about the recommendations EC for Romania: we want to see inclusive policies

Thursday, June 15, 2017

170615100327download.jpg

The most important recommendations of the European Commission (EC) for Romania in 2017 were presented on Wednesday at the EC office in Bucharest by the head of the institution Angela Cristea who said that the European officials want inclusive policies in the whole community. She spoke about the diversity of the economic approaches in the EU. ‘We need to do things together and make these different approaches work together ...

The balance of the first decade in the EU: Romania was champion to the recovery of the gap with western countries

Thursday, June 15, 2017

170615100350ue_romania_640x305.jpg

The data of the European office of statistics, published on Tuesday show that Romania recorded the fastest coverage of the gap against the developed states in western Europe  among the member states after accessing the community block, getting in 2016 to 59% of the EU average according to the GDP per inhabitant the purchasing power, the key –indicator for the measuring of the real level of development of the nations. In 2006,  the last ...

Prime Minister of the German Land of Saxony, at the Cotroceni Palace

Thursday, June 15, 2017

170615100434original_primirea_prim_ministrului_landului_saxonia_stanislaw_tillich_1.jpg

President Klaus Iohannis welcomed on Wednesday the Prime Minister of the German Land of Saxony, Stanislaw Tillich, at the Cotroceni Presidential Palace, context in which the head of state expressed his encouragement of the German investments in our country's ...

The UK Secretary of State for Defence Michael Fallon, in an official visit to Romania

Thursday, June 15, 2017

170615100531IMG_3280.jpg

 The UK Secretary of State for Defence Michael Fallon is paying an official visit to Romania, today and tomorrow, to meet Prime Minister Sorin Grindeanu and his Romanian counterpart Gabriel Les, and also to attend a demo drill at the Getica Joint National Training Centre at ...

Malaysian ambassador: All reasons for Romania to enter Southeast Asian markets

Thursday, June 15, 2017

Romania has all the reasons to enter Southeast Asian markets and we are here to support you, Dato' Tajul Aman Mohammad, ambassador of Malaysia to Romania and chairman of the ASEAN Bucharest Committee told a seminar organized by the Business Center of Romania's Chamber of Commerce and Industry. Romania has all the reasons to enter the markets of Southeast ...

Euro trades at 4.5667 lei on Wednesday

Thursday, June 15, 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 ...

Romania could produce the Bell AH1 Viper helicopter in 4-5 years, Bell Helicopter VP says

Thursday, June 15, 2017

Richard Harris, Vice President, International Military Sales at Bell Helicopter, said on Wednesday that the AH1 Viper attack helicopter could be produced in Romania in four to five years, romaniajournal.ro informs. He said during a press conference he was in March in Romania, as part of the economic talks between Romania and the US, to see the opportunities in the industry and that this week he will visit all aerospace companies to assess industry ...

Eurostat: Romania recorded the highest April industrial production growth of 1.3 percent

Thursday, June 15, 2017

170615100636growth_resize_600x338.jpg

Industrial production in April 2017 increased by 1.4 percent in the European Union (EU 28) and in the Eurozone (EU 19) compared with the similar period of 2016, data published on Wednesday by the European Statistics Office (Eurostat) ...

The new orders in manufacturing increased in nominal terms by 4.6% in April 2017 compared to April 2016

Thursday, June 15, 2017

In April 2017, the new orders in manufacturing overall (domestic market and non-domestic market), in nominal terms, decreased by 18.0% compared to the previous month and were up 4.6% from the same month of the previous ...

INDUSTRIAL PRODUCTION DECREASED BY 0.6% IN APRIL 2017 COMPARED TO APRIL 2016

Thursday, June 15, 2017

In April 2017, industrial production decreased by 15.2% as gross series compared to the previous month and was down 0.5% as series adjusted by number of working days and seasonality. Compared to the same month of ...

In April 2017, the turnover in industry increased, in nominal terms, by 1.2% compared to April 2016

Thursday, June 15, 2017

In April 2017, the turnover in industry, per total (domestic and non-domestic market), decreased, in nominal terms, compared to the previous month by 13.5% and increased compared to the corresponding month of the previous year by ...

Premium News

Daily

Wednesday, June 28, 2017

Financial & Banking

Monday, June 26, 2017

Economic

Tuesday, June 27, 2017

Companies

Wednesday, June 28, 2017

Energy & Environment

Thursday, June 22, 2017