Loading page...

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

Subscribe|Login

Daily

MAE: 5G technology memorandum signed by ambassadors George Maior and Hans Klemm

Friday, August 23, 2019

190823092503media_149866717123554200.jpg

According to Romania's Foreign Ministry (MAE), the memorandum signed by the Romanian ambassador, George Maior and the US ambassador in Bucharest, Hans Klemm, in Washington DC on August 20, recommends a thorough evaluation of suppliers to ensure full security of the implementation of the 5G technology.The quoted source mentions that the memorandum "represent an expression of the common interest of the Government of Romania and the Government of the US to deepen the ...

PSD National Executive Committee to convene on Friday

Friday, August 23, 2019

The National Executive Committee of the Social Democratic Party (PSD – at rule) will be convening at Parliament Palace on Friday, one day ahead of a an extraordinary convention of the party's Congress that will validate PSD's candidate in this autumn's presidential election.The meeting, scheduled for noon, will mainly focus on preparing for PSD Congress' extraordinary convention on Saturday, social-democratic sources said.According to them, 1,000 ...

Emergency ordinance draft for tightening penalties in cases of persons' deprivation of liberty

Friday, August 23, 2019

1908230926425a72518f_78d7_4295_ba4f_7a89bc544070.jpg

The Justice Minister Ana Birchall on Thursday unveiled a draft of an Emergency Ordinance (OUG) providing the tightening of the penalties in the cases of serious and very serious crimes against the person, in particular in the situations the life, liberty and body and sexual integrity are affected.Therefore, the deprivation of liberty will be much harsher incriminated, with the penalty from 2 to 8 years in jail, the minister said."The Caracal tragedy ...

Ex-ANAF chief Sorin Blejnar, put on trial for huge bribe

Friday, August 23, 2019

The former president of the National Agency for Fiscal Administration (ANAF), Sorin Blejnar, has been indicted on Thursday, next to other former directors of ANAF, for a huge bribe, around EUR 1.2 million, allegedly taken during May 2011-April 2012, as a “protection fee”, ...

Judge advocate General Iverson calls on Bucharest Military Prosecutor's Office

Friday, August 23, 2019

A delegation led by Colonel Ian Iverson, judge advocate general at the US Army Europe on Wednesday called on the headquarters of Romania's Military Prosecutor's Office with the Bucharest Military Court."The main theme of the meeting was the case law of the military prosecutor's offices and the peculiarities of the criminal prosecution in this specific area of competence, especially from the perspective of international agreements and treaties to which Romania is a ...

IMF Working Paper: Debt Service and Default: Calibrating Macroprudential Policy Using Micro Data

Friday, August 23, 2019

August 22, 2019 We provide empirical evidence to support the calibration of a limit on household indebtedness levels, in the form of a cap on the debt-service-to-income (DSTI) ratio, in order to reduce the probability of borrower defaults in Romania. The analysis establishes two findings that are new to the literature. First, we show that the relationship between DSTI and probability of default is non-linear, with probability of default ...

Eurostat: Romanians generating smallest quantity of municipal waste in EU

Friday, August 23, 2019

190823092752photo_verybig_186479.jpg

The amount of municipal waste generated per person in Romania in 2017 was 272 kg, the smallest one among the EU member states, against an average of 486 kg, according to data released on Thursday by the Eurostat statistical office of the EU.The EU member states which generated the most municipal waste per person in 2017 were Denmark (781 kg per person), followed by Cyprus (estimated at 637 kg per person) and Germany (estimated at 633 kg per person).At ...

Fast development of Cluj county draws investors’ interest to surrounding areas

Friday, August 23, 2019

Cluj County has become a landmark in the region in terms of economic and real estate development,http://business-review.eu reads. Recently,  investors’ interest has also extended to nearby cities, within a radius of about 50 kilometers, according to real estate consultancy CBRE Romania. A 26-hectare land, classified as an industrial park, has been put up for sale in Ocna Mures, and CBRE ...

World Bank Report: Worsening water quality reducing economic growth by a third in some countries

Friday, August 23, 2019

The world faces an invisible crisis of water quality that is eliminating one-third of potential economic growth in heavily polluted areas and threatening human and environmental well-being, according to a World Bank report released today. Quality Unknown: The Invisible Water Crisis shows, with new data and methods, how a combination of bacteria, sewage, chemicals, and plastics can suck oxygen from water supplies and transform water into poison for ...

Romanian employees waste up to 2 hours of worktime because of colleagues, phone calls or meetings

Friday, August 23, 2019

190823092924Wasting_Time_Button.jpg

Three out of four employees say they waste up to two hours daily of worktime because pf noisy phone talks made by office colleagues, of chatty colleagues or long meetings, to which are added time spent on social media or coffee and smoking brakes, according to an opinion poll made by Best Jobs online recruiting platform. 8% of employees waste up to half of their workday in this way, and that significantly affects the productivity and quality of ...

Oradea, third town in Tech Generation digital project

Friday, August 23, 2019

190823093204branding_oradea_thumbnail.jpg

Oradea is the third town elected to participate in Tech Generation project made by Digital Nation community, after Alba Iulia and Piatra Neamt, a project made with an investment of half a million dollars offered by Google.org. Oradea people aged between 15 and 24, who want a digital career are invited to apply on Digital Nation website. They can choose from two specializations available in this first year: IT Literacy, where the bases of digital ...

Traditional Food Festival în Bucharest, this weekend

Friday, August 23, 2019

190823093901images.jpeg

Bucharesters will have the opportunity to taste and buy specific Romanian produce, brought from peasant farms and households, at producer prices, at Traditional Food Fair, a charity held Friday through Sunday in Bucharest, Alexandru Ioan Cuza Park, at Maramures Church entrance.  At the festival, children from local placement centers will present their own products, organizers inform. On Saturday, as of 1:00 p.m., 25 ...

Iohannis, Trump adopt important joint statement for progress of Romania-US Strategic Partnership

Thursday, August 22, 2019

190822110013original_intalnire_donald_trump_20_08_2019_120.jpg

Romanian President Klaus Iohannis met with US President Donald Trump at the White House on Tuesday and their meeting resulted in the signing of a joint statement that commits the two countries to an expansion of their strategic partnership on issues such as regional security, energy, and the fight against corruption. Joint Statement from President of the United States Donald J. Trump and President of Romania Klaus ...

Romania, US conclude memorandum of understanding on 5G technology

Thursday, August 22, 2019

Romania's President Klaus Iohannis announced on Tuesday, after meeting his American counterpart Donald Trump in Washington DC, that a memorandum of understanding was signed between the national governments of the US and Romania regarding 5G technology."Part of the visit, a memorandum of understanding was signed between the two governments regarding 5G technology, given the importance of security of the 5th generation wireless communications networks to securing ...

Trump: Iohannis is the man who can solve the corruption problem in Romania

Thursday, August 22, 2019

Asked if the corruption issue will be discussed within their meeting, considering at their last meeting in 2017 he praised his Romanian counterpart for his contribution to the anti-corruption fight, Donald Trump stated: “I think that this is a man that can solve the corruption problem in Romania. And he’s made big strides, from what I hear. I haven’t been there recently. But he’s made very big strides. And I think he’s the ...

CEx of PSD on Friday in the parliament, one day before the party's congress 

Thursday, August 22, 2019

The social-democrats (PSD –governing) gather on Friday in the parliament starting with 12:00 in a meeting of the Executive committee of the party, one day before the congress of the party which will mean the launching of the candidate for presidential elections Viorica Dancila, stated sources in the PSD. Among the topics of discussion are the organizational matters concerning the PSD congress on Saturday and the political projects of the party, ...

ALDE still in the governing alliance, there follows reshuffling

Thursday, August 22, 2019

Tariceanu’ s party ALDE ( minor at rule)will stay in the governing alliance stated political sources, after a meeting between premier Viorica Dancila and the  senate speaker which took place on Wednesday at Vila Lac. Similarly, social- democrats (PSD – ruling party) send in a press release that the two have established to reject the project regarding amnesty and grace.According to the quoted sources, following the meeting it was decided to choose ...

USR's Barna started the presidential campaign in Moldova

Thursday, August 22, 2019

The President of the Save Romania Union (USR), Dan Barna, said on Wednesday, in eastern Bacau, that Romania "no longer functions" as a state, referring to the case in Caracal and the one at the Psychiatric Hospital in Sapoca, and that "a change is needed"."What has happened in the last few weeks in Romania is not an unfortunate accident in one city or another, it is not a negligent official who does not always take seriously an emergency telephone call or an ...

The annual reunion of Romanian Diplomacy, 2019 edition

Thursday, August 22, 2019

The ministry of foreign affairs organizes between 26-29 August 2019 the Annual Reunion of Romanian Diplomacy (RADR). This year’s  edition is ‘ Romanian Diplomany : indicators and new perspectives’. RADR is an ample platform of debate with regards to the issues of foreign policy of interest in Romania. Similarly, the reunion of this year wants to evaluate the results of the Romania’s mandate to the Presidency of the Council ...

Ciamba, Barnier talks on protecting Romanian citizens' rights residing in UK

Thursday, August 22, 2019

Minister-delegate for European Affairs George Ciamba announced on a Twitter post that he discussed with European Chief Negotiator for the United Kingdom Exiting the European Union Michel Barnier about the importance of protecting the rights of the EU and Romanian citizens who are living in the UK."Engaging phone conversation with EU's chief negotiator Michel Barnier. Both shared the same view about the importance of common action of EU27 together with chief ...

Premium News

Daily

Friday, August 23, 2019

Financial & Banking

Monday, August 19, 2019

Economic

Tuesday, August 20, 2019

Companies

Wednesday, August 21, 2019

Energy & Environment

Thursday, August 22, 2019