Loading page...

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



Agriculture: The quantity of cow’s milk collected by processing units in April 2017 up 0.3% from April 2016

Tuesday, June 20, 2017

The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in April 2017 decreased by 0.1% compared to March 2017 and was up 0.3% from April 2016. The quantity of cow’s milk collected by processing units from agricultural holdings and collection April 2017 compared to March 2017 ...

Telecom. IT: Telekom Romania, Ericsson conduct first 5G live demonstration in South Eastern Europe

Tuesday, June 20, 2017


Telekom Romania and Ericsson conducted in Bucharest the first 5G live demonstration in South East Europe. During the demonstration, five different use cases exploring the capabilities of 5G technology were showcased: 5G speeds, two cloud robotics and two smart city solutions, business-review.eu reports. Peak throughput data rates went up to 24 Gbps. The trial demonstrated 5G ...

Cars: 12,500 vehicles were registered in May in Romania

Tuesday, June 20, 2017

Approximately 12,500 vehicles were registered in May in Romania, up 25 percent from the same period of 2016, according to a press release of the Driving Licences and Car Registration Directorate ...

Healthcare: The ministry of health approved investments of 208 million lei for Antibiotice Iasi up to 2019

Tuesday, June 13, 2017

The representatives of the ministry of health in the general meeting of the shareholders of the company Antibiotice Iasi ( BVB symbol ATB), one of the most important Romanian producers of generic drugs, approved an investment of 207,6 million lei for the period 2017 – 2019, a report sent by the state company BVB shows. According to the report, the sums dedicated to other reserves of the profile of the years 2000 – 2015 with a total of 93.4 ...

Tourism: Turkish investors: Bucharest is a city break destination preferred by foreign tourists

Tuesday, June 13, 2017


Bucharest is a city break destination preferred by foreign tourists in the last two years, because it offers quality services and products at prices lower than other European states, but information lacks, there are few tourist information centres and there are not enough maps for orientation in the street, said Gulen Hashmi, the general manager of Tempo Hotel in Bucharest. He showed that most tourists come from Israel, Italy, Great Britain, Germany ...

Greek Minister of Sea Transport: Greece and Romania can benefit together from promoting medical tourism

Tuesday, June 13, 2017

Greece and Romania can benefit together from promoting medical tourism, said the Greek minister of sea transport and insular policies of Greece, Panayiotis Kouroumplis, at the conference devoted to medical tourism, recently organized in the island of  Ithaca. The Greek official added that, in his opinion, regional collaboration in the field could contribute to improving diplomatic relations among Balkan countries. The Greek ...

Orbis Group to open Mercure hotel in Romania's Sighisoara at end-Q3

Tuesday, June 13, 2017

Polish-listed hotel group Orbis, the strategic partner of AccorHotels in Eastern Europe, said on Wednesday it will open a hotel in the central Romanian town of Sighisoara at the end of the third quarter, seenews.com informs. The hotel in Sighisoara, in Mures county, will be Orbis' first Mercure hotel outside capital Bucharest, the group said in a press release. Mercure is the non-standardized midscale brand of ...

Statistics: Tourist number this April up 11.5 pct

Tuesday, June 13, 2017

The number of tourists this April reached 808,700, up 11.5 pct YoY, the National Institute of Statistics (INS) said in Tuesday release. Romanian tourists accounted for 74.8 pct of the total, while foreign tourists accounted for 25.2 pct, just like in April 2016. Visitors from Europe accounted for the highest share of foreign tourists' ...

Cars: A new Duster model to be launched at the Frankfurt Motor Show

Tuesday, June 13, 2017

The Renault Group prepares to launch a new Duster model at the Frankfurt Motor Show, which is to take place in September, in the context in which the Romanian brand enjoys a great success abroad, CEO of Renault Romania Yves Caracatzanis told a press conference on Tuesday. "We will launch in Frankfurt the new generation that will replace the current Duster. It's not about a new line of cars, but about a new Duster and it's normal in the life of a car," he ...

Trade: In  April  2017,  the  retail  turnover  increased  by  4.8%  compared to April 2016

Tuesday, June 13, 2017

Compared to the previous month, in April 2017 the retail turnover volume (excluding the trade with  motor  vehicles  and  motorcycles)  increased  as  gross  series  by  2.6%  and  decreased  as ...

ARMO: Romanian e-commerce could double in value until 2020

Tuesday, June 13, 2017


The e-commerce market in Romania will exceed EUR 2.5 billion this year and this figure could double until 2020, says the Romanian Association of Online Stores from Romania (ARMO), quoted b y business-review.eu Out of the 28 members states of EU, Romania is on the last place on digitalization and the progress is rather slow. Romania had good growth perspectives in the following period due to the development measures of the communications infrastructure, ...

Luxembourg, Slovenia, Ireland, Slovakia and Romania recorded in April the most significant advance in EU retail trade

Tuesday, June 13, 2017

Luxembourg, Slovenia, Ireland, Slovakia and Romania recorded in April the most significant advance in the European Union retail trade as compared to the same period of 2016, according to data released on Tuesday by the European Statistics Office (Eurostat). In the euro area, retail trade grew by 2.5 pct year-on-year, while in the European Union there was an advance of 3 pct. Retail trade in the 28 EU countries was influenced by the fact that non-food sales ...

Notable increase of food imports in first two months of 2017

Tuesday, June 13, 2017

In the first two months of this year, Romania imported agro-food products worth 1.069 billion Euro; up 9.4% over the same period in 2016, freshplaza.com reads. At the same time, exports increased by only 1.2% during the period at hand, according to data provided by the National Institute of Statistics (NSI), at the request of News.ro. Cereals dominate the structure of exports, with over 311 million Euro and a volume totalling 1.4 million tonnes; up ...


Tuesday, June 13, 2017


* TIMISOARA BECOMES THE FIFTH ROMANIAN AIRPORT WITH DIRECT FLIGHTS TO TEL AVIV Wizz Air, the largest low-cost airline in Central and Eastern Europe and Romania’s leading airline, announced last Tuesday a new route from Timisoara to sunny Tel Aviv, located on the coast of Israel, commencing on 30 October with two weekly frequencies, on Mondays and Fridays, a press release sent to ACTMedia informs. WIZZ passengers eager ...

Lufthansa to start flights from Frankfurt to Cluj, Timisoara

Tuesday, June 13, 2017

Lufthansa Group said on Tuesday it is including daily flights from Frankfurt to the Romanian airports of Cluj and Timisoara in its winter flight timetable from October 29, seenews.com informs. The two routes will be operated with an Embraer 190 aircraft, Lufthansa said in a statement. Flights to Cluj and Timisoara have already been offered successfully from Munich for several years, Lufthansa ...

Romania's Blue Air starts operating Valencia-Iasi route

Tuesday, June 13, 2017

Spanish airport operator Aena said that Romanian carrier Blue Air has launched regular flights connecting Valencia to Iasi, in eastern Romania, seenews.com informs. Blue Air will operate the route on Wednesdays and Sundays with a Boeing 737 aircraft, Aena, which operates Valencia airport, said in a statement on Sunday. Flights to five Romanian airports including Iasi are currently available from Valencia. Blue Air, Tarom ...

Telecom.IT : Telekom Romania to invest in 4G, reduce reliance on roaming

Tuesday, June 13, 2017

Telekom Romania will continue to invest in the expansion of its own LTE mobile network in areas with high data traffic in order to reduce its reliance on Orange's infrastructure, according to OTE CEO Michael Tsamaz cited by local paper Ziarul Financar, telecompaper.com reports. Tsamaz was speaking during a meeting with analysts and investors. Tsamaz said this approach allows the company to replace the expensive arrangements through which it has access ...

Real estate: C&W Echinox: Bucharest has 1.4 sq.m of offices per capita, half compared to Warsaw and Prague

Tuesday, June 13, 2017

Bucharest, with a stock of modern offices of 2.55 million square meters, has a density of 1.4 sq m per capita, half the level of Warsaw and Prague, cities where the density of modern offices exceeded the level of 3 sq.m/capita, according to an analysis made by the real estate consulting company C&W Echinox. In point of density, Bucharest is now at the level of secondary towns in Poland, such as Cracow, Wroclaw or Katowice, where the density of ...

New and old properties in Romania record increases in price indices in Q1

Tuesday, June 13, 2017

New and old properties in Romania record increases in price indices in Q1, according to the Eurobank Property Services Residential Indices, business-review.eu reports. Dunare & Black Sea Index recorded a 2.5 percent quarterly increase, while the indices for Muntenia, Moldova and South registered quarterly increases of 1.1 percent, 1.6 percent and 1 percent respectively. On a year-on-year basis, all divisions showed positive price ...

Agriculture: Romania had 2 million cows, 4.7 million pigs and 11.3 million sheep in December 2016

Tuesday, June 6, 2017

Animal stock of breeders in Romania dropped last year for almost all categories, except for sheep, which recorded an advance, according to data published by the National Statistics Institute . On December 1, 2016, there were 2.05 million cattle, 4.708 million pigs, 11.35 million sheep and goats and 75,69 million poultry. Compared to December 1, 2015, the number of cattle dropped by 2% (-42,700), pigs by 4.4% (-219,200) and ...

Premium News


Tuesday, October 17, 2017

Financial & Banking

Monday, October 16, 2017


Tuesday, October 17, 2017


Wednesday, October 11, 2017

Energy & Environment

Thursday, October 12, 2017