Loading page...

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

Subscribe|Login

Daily

President Iohannis meets France's President Macron in Brussels

Friday, October 18, 2019

President Klaus Iohannis met on Thursday with his French counterpart Emmanuel Macron, on the sidelines of the meeting of the European Council in Brussels. President Klaus Iohannis participates on Thursday and Friday at the meeting of the European Council.On the agenda of talks there are included topics mainly referring to the future multiannual budget of the European Union for 2021-2027, the latest developments in the process regarding UK's withdrawal from the EU, ...

President Iohannis had a brief meeting with the new President of the European Commission, Ursula von der Leyen

Friday, October 18, 2019

 President Klaus Iohannis said in Brussels on Thursday that a government that has been lawfully dismissed in Parliament cannot make a nomination for European Commissioner, as it will have no role in the future European Commission."There is on our side, unfortunately, a blocking element which is called the Dancila Government. (...) I will strongly oppose this, because a government that has been lawfully dismissed in the Romanian Parliament cannot make a ...

President Iohannis unhappy with MFF proposal, says cuts for CAP, Cohesion Policy wrong

Friday, October 18, 2019

 President Klaus Iohannis on Thursday said he is unhappy with the proposal for the 2021-2027 Multiannual Financial Framework, pointing out that Romania does not support the cut of funding for the Common Agricultural Policy and the Cohesion Policy."Tomorrow we will have a discussion on the so-called MFF - the Multiannual Financial Framework - and I can tell you that I have several points of dissatisfaction about it. The Romanian Presidency has made progress in ...

PM-designate Orban: Single-party Liberal gov't is our option too, no requests to participate in governing so far

Friday, October 18, 2019

Prime minister-designate Ludovic Orban said on Thursday, after talks with the delegation of the Alliance of Liberals and Democrats (ALDE), that as a principle, the formation headed by Calin Popescu-Tariceanu did not raise any issue and that the Liberals also favor a PNL single-party government."Following the discussion with the ALDE delegation, I took note of the opinions and requests expressed and I can tell you that most of the points raised are already settled, ...

UDMR leader after consultations with PM-designate: Written agreement is best solution, in-depth discussions required

Friday, October 18, 2019

Chairman of the Hungarian Democratic Union of Romania (UDMR) Kelemen Hunor said on Thursday that the UDMR parliamentary groups will decide on the Union's possibly backing a government headed by Liberal Ludovic Orban and that this also requires a written agreement."Whenever we agree to provide parliamentary support - of course, when we are in a coalition, there's another discussion - we also put down an agreement. From our point of view, this would be the optimal ...

Dan Barna - discussion with Emmanuel Macron at Renew Europe Group Meeting in Brussels

Friday, October 18, 2019

Chairman of the Save Romania Union (USR), Dan Barna, had, on Thursday, in Brussels, a short discussion with the President of France, Emmanuel Macron, in the context of the participation in the Renew Europe pre-summit meeting, which is taking place before the European Council."I am participating today in Brussels at the meeting with the leaders of Renew Europe, a group that unites political forces which are fighting for the reinvigoration of the European Union. I ...

Anti-fraud Department will check three projects with European funds involving Dan Barna

Friday, October 18, 2019

The Anti-Fraud Department announces it will check three projects with European funds involving Dan Barna, the president of Save Romania Union (USR). The information was found in an answer sent to journalists from Rise Project, who made an investigation on this topic. USR said, referring to the controls on contracts carried out by the company in which president Dan Barna was a partner, that they had been checked by management authorities, which did not find any kinds of ...

Former Securitate agents accused of torturing and killing anti-Communist dissident acquitted

Friday, October 18, 2019

The Bucharest Court of Appeal has acquitted on Thursday two of the former Securitate officers accused of crimes against humanity in the file of anti-communist dissident Gheorghe Ursu, romaniajournal.ro informs. The court has revised their legal categorisation in inhuman treatments. The ruling is not final and can be challenged by appeal to the High Court. The court has also left unsolved the civil trial, as the it lifted the sanction of seizure of the ...

Head of Airbus Helicopters in Europe: We consider giving up construction of Brasov factory

Friday, October 18, 2019

Airbus takes into account giving up the completion of the helicopter factory in Brasov, where it has already invested 10 out of 15 million euros, said Olivier Michalon, senior vicepresident , head of Europe area at Airbus Helicopters, in an interview to News.ro. In 2016, the Airbus Helicopters Industries was inaugurated at Ghimbav and was meant to produce H215M helicopters, but the the head of Airbus Europe has not received a concrete offer from ...

Sierra Quadrant Analysis: Consumption losing ground. Insolvencies expand in trade sector

Friday, October 18, 2019

Consumption, the main engine of economic growth starts failures. Inflation, financial blocking, depreciation of the leu and dropping sales create more difficulties to trade companies. Over 1,200 firms in this sector entered insolvencies in the first 8 months of the year. The number if insolvencies in retail was 10 times higher in August than in January, a Sierra Quadrant analysis shows.  In a very fragile economy, such as the Romanian one, based ...

Dismissed manager of Romanian airlines claims political abuse when Government fell to censure motion

Friday, October 18, 2019

The manager of Romanian airlines Tarom, who was dismissed earlier this week, has claimed that the Transport minister demanded her to block flights to Bucharest on the day of the censure motion that eventually led to the fall of the Social Democratic (PSD) government. The minister, who is still in office until a new government is sworn in, called the statements "lies".The PSD (Social-democrat) Government of PM Viorica Dancila, which includes Transport minister ...

Eurostat: Romania had the largest increase in construction work in the European Union in August

Friday, October 18, 2019

In August 2019 compared with July 2019, seasonally adjusted production in the construction sector decreased by 0.5% in the euro area (EA19) and by 0.2% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In July 2019, production in construction decreased by 0.2% in the euro area and increased by 0.5% in the EU28. In August 2019 compared with August 2018, production in construction increased by 1.2% in ...

Tickets for the Celine Dion Gig in Bucharest for sale as of October 17

Friday, October 18, 2019

Celine Dion, the queen of pop music, will perform her first gig in Romania next year, on National Arena in Bucharest, on July 29. Tickets for the concert will be put up for sale on Thursday, October ...

President Klaus Iohannis attends the European Council in Brussels

Thursday, October 17, 2019

 President Klaus Iohannis attends the European Council convening in Brussels on Thursday and Friday, which is theoretically the last before the United Kingdom exit from the EU on October 31. At the summit Iohannis wil retain the Romanian stance in favor of an ordered Brexit, according to a presidency press release.Marathon talks take place in Brussels on Wednesday in an attempt to reach a compromise on the issue before the ...

NEWEUROPE: Von der Leyen faces cabinet deadlines as Romania, Hungary and France delay new EU Commission

Thursday, October 17, 2019

Deadlines are fast approaching for the formation of Ursula von der Leyen‘s cabinet are the confirmation process has yet to come to an end, neweurope.eu reads. The Commission’s official announcements stated that they cannot speculate on the exact timeline for the process to be completed. On 16 October, the European Parliament confirmed the widely held view that the new Commission will not take office before ...

PM-designate Orban: I am confident partners who contributed to success of censure motion will support investiture of Gov't

Thursday, October 17, 2019

191017103025381793.jpg

The Prime Minister-designate, Ludovic Orban, voiced confidence on Wednesday that the partners who contributed to the success of the censure motion would support the investiture of his Cabinet in Parliament, because otherwise Viorica Dancila remains in power."Today we are having discussions with the delegation representing the PMP [the People's Movement Party]. (...) We have discussions scheduled with all the partners who have contributed to the success of the ...

Journalistic investigation claims USR head Dan Barna oversaw EU Fund frauds

Thursday, October 17, 2019

The journalists from Rise Project have published a wide investigation report about USR chairman Dan Barna’s EU funds-related businesses before he entered politics. “The USR Head, the party that initiated #No criminals in public offices campaign, has supervised frauds and conflicts of interest with EU funds“, ...

Seven CSM members ask for removal of head Lia Savonea

Thursday, October 17, 2019

Seven members of the Superior Council of Magistrates (CSM) ask for the removal from office of this institution's head Lia Savonea. The signatories of the document with the proposal for removal claim Lia Savonea failed to meet her job's responsibilities properly, while "pushing the Council away from its constitutional role.""For the bad manner in which she understood to do her job as President of the Superior Council of Magistrates, as stipulated by law, while ...

The Conference of  Presidents of the European Parliament validated the nomination of Laura Codruta Kovesi as the first European head prosecutor

Thursday, October 17, 2019

191017103236ce_salariu_va_avea_laura_codruta_kovesi_ca_procuror_sef_1_840x500.jpg

The Conference of Presidents of the European Parliament  on Wednesday took the last step for the nomination of Laura Codruta Kovesi as the first European head-prosecutor announced on Facebook the Romanian MEPs Dacian Ciolos and Siegfried Muresan. ‘We have just left the Conference of Presidents of the European Parliament where we took the last stop for the nomination of Laura Codruta Kovesi as the first European head prosecutors. We have decided together with the ...

Eurostat: Romania, Slovakia and Hungary, the highest annual inflation rate în EU, in September

Thursday, October 17, 2019

191017103355inflation_orig.jpg

The euro area annual inflation rate was 0.8% in September 2019, down from 1.0% in August. A year earlier the rate was 2.1%. European Union annual inflation was 1.2% in September 2019, down from 1.4% in August. A year earlier, the rate was 2.2%. These figures are published by Eurostat, the statistical office of the European Union. The lowest annual rates were registered in Cyprus (-0.5%), Portugal (-0.3%), Greece, Spain and Italy (all 0.2%). The highest ...

Premium News

Daily

Friday, October 18, 2019

Financial & Banking

Monday, October 14, 2019

Economic

Tuesday, October 15, 2019

Companies

Wednesday, October 16, 2019

Energy & Environment

Thursday, October 17, 2019