Loading page...

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



Minister Nelu Tataru: We must expect higher number of coronavirus infections 

Friday, April 10, 2020

Health minister Nelu Tataru, declared on Thursday that the number of coronavirus infection cases  is expected to rise. “We must expect the number of cases to rise, we will have difficult, critical cases, there will be deaths. We hope to have a low rate to be able to manage these cases well,” Tataru said at Unifarm headquarters.  He said there are cases at Neamt County Hospital. “The Special Commission for Infectious Diseases ...

Two more persons infected with the novel coronavirus have died

Friday, April 10, 2020

Other two persons who were infected with the novel coronavirus have died, with the death toll reaching thus 248 in Romania, informed the Strategic Communication Group on Thursday.The persons were two men - one 60 years old and the other 59 years old. As many as 441 new cases of people infected with the novel coronavirus have been registered in Romania since the last update, taking the total number of infections to 5,202, the Strategic ...

PM Orban: Approximately 4 million masks, essential for hospitals, entered the country in the past days

Friday, April 10, 2020

Prime Minister Ludovic Orban on Thursday told Radio Romania Actualitati national radio station that the situation starts to be "relatively" good in Romania in terms of the necessary of materials and equipment needed in the fight against COVID-19, after approximately 4 million FFP2 and FFP3 masks have entered the country in the past couple of days, to be distributed further to the hospitals and the emergency areas.He added that the masks are being distributed and ...

Romania will receive medical equipment donated by United Arab Emirates Government

Friday, April 10, 2020

Minister of Foreign Affairs Bogdan Aurescu on Thursday announced that a donation of medical equipment is set to arrive in Romania from the Government of the United Arab Emirates on Thursday and Friday. "We are talking about 3 million masks, 2.7 million gloves, 64,000 protection gloves, 37,000 coveralls, 20,500 protective glasses," said Aurescu, at the Government meeting on Thursday. He added the Ambassador of the United Arab Emirates to Bucharest, Ahmed Abdulla Saeed Bin ...

Romanian companies design and produce thermal scanner

Friday, April 10, 2020

Romanian companies Pro-Optica and Întreprinderea Optic? Român? - IOR have partnered to develop and manufacture a thermal scanner that allows the precise and rapid examination of inflows of people and warns when body temperatures exceed the normal parameters. The scanner, called Condor SR-FD, can be used in areas with a high influx of people, such as airports, the subway, border crossing points, triage points of hospitals, or in public ...

Short-time working to apply to certain public sector employees

Friday, April 10, 2020


 Prime Minister Ludovic Orban on Thursday asked the Government to analyze the Government Emergency Ordinance that says public employees should work half a month, while the other half of month they should be placed under a form of furlough."I ask you to analyze the Government Emergency Ordinance draft initiated by Mr Minister Violeta Alexandru. I believe that we should show solidarity in such situations. We all need to take over a part of the burden generated ...

Military Ordinance No. 8 : Extended suspension of commercial flights to and from Spain by 14 days

Friday, April 10, 2020

Interior Minister Marcel Vela announced on Thursday evening that the suspension of commercial flights to and from Spain was extended starting April 14."We have extended the measure of suspending commercial flights carried out by airline operators to Spain and from Spain to Romania on a 14-day period, starting April 14. The measure does not apply to flights operated with state-owned aircraft, freight and mail carrier flights, humanitarian flights or those ensuring ...

FinMin Citu says budget revision is ready

Friday, April 10, 2020


Public Finance Minister Florin Citu has announced on Thursday that the budget revision is ready and it could be included in Monday's Government meeting. "In respect to the budget revision, the communication with fund managers is completed, we have to introduce the conclusion in the revision ordinance. It is ready. We could come with it to Monday's meeting," Citu said in the beginning of the Government meeting.Prime Minister Ludovic Orban drew his attention that a ...

World Bank: Romania's economic growth at 0.3pct in 2020

Friday, April 10, 2020

The World Bank has revised significantly its estimates of the Romanian economy's advance this year, down to 0.3 percent from 3.8 percent, as projected three months ago, but growth would gradually bounce back in the second half of 2020 and further accelerate in 2021 to 4.4 percent, according to the World Bank's economic update spring 2020."The negative impact of the COVID-19 pandemic on the economy is anticipated to be substantial, at least in the first half of ...

Confronting the Crisis: Priorities for the Global Economy

Friday, April 10, 2020


By Kristalina Georgieva, IMF Managing Director April 9, 2020 Introduction: A Crisis Like No Other I want to begin by wishing my personal best to everyone—for you and your families’ health and safety during these difficult times. Today we are confronted with a crisis like no other. Covid-19 has disrupted our ...

BET indicator of BVB dropped by 23.6% at the end of Q1

Friday, April 10, 2020

The BET indicator of BVB dropped by 23.6% at the end of Q1. ‘No state has the capacity to fight simultaneously with a sanitary crisis and an economic one. The Romanian economy needs urgently packages of measures and stimuli which would allow it to come back quickly and be competitive. Even if the economic and macroeconomic indicators for Romania are still good, there is need for economic measures never met before as amplitude and extension so that the restart  of ...

Number of jobs suspended or terminated hits 1.2 million

Friday, April 10, 2020

As many as 1.0 million labour contracts, out of a total of 6.5 million, have been suspended since the state of emergency was introduced in March 16 and the Government decided to support the companies negatively impacted by the coronavirus pandemic and related restrictions by paying from the state budget the technical unemployment ...

Average salary, up 13 lei in February to 3,202 lei 

Friday, April 10, 2020

? In February 2020, the average gross nominal earnings were 5243 lei, with 18 lei (+0.3%) higher than the one registered in January 2020. ? The average net nominal earnings were 3202 lei, increasing as against the previous month with 13 lei (+0.4%). ? The highest values of the average net nominal earnings were recorded in computer programming, consultancy and related activities (including information ...

More than half of exporters estimate export contractions in March 2020

Friday, April 10, 2020

Over 50pct of the exporters, who held 62pct of Romania's exports in March last year, estimate export contractions in March 2020, according to some experimental statistical research on the volume of foreign trade operations, conducted by the National Institute of Statistics (INS).The document shows that 32pct of exporters estimate a decrease of up to 25pct, 12pct expect contractions raging between 25pct and 50pct and 7pct estimate a decline of exports by more than ...

Jan - Feb trade deficit: 2.6 billion euros

Friday, April 10, 2020


? In the period 1.I-29.II 2020, the FOB exports amounted to 11634.3 million euro and the CIF imports amounted to 14231.4 million euro. ? In the period 1.I-29.II 2020, the exports increased by 2.0% and imports by 2.9%, compared to the period 1.I-28.II 2019. ? In the period 1.I-29.II 2020, the FOB-CIF commercial deficit was of 2597.1 million euro, 170.8 million euro more than in the period 1.I-28.II ...

Culture Minister Gheorghiu requests EU support for artists, culture creators, professionals

Friday, April 10, 2020

Minister of Culture Bogdan Gheorghiu attended the informal meeting of the ministers of culture organized by the Croatian Presidency of the Council of the European Union, in which he underlined the need for rapid support for artists, creators and professionals from the field of culture.During the event, conducted through a videoconferencing system, the Romanian minister emphasized the need for financial, legislative and non-legislative measures at European Union ...

Romanian Orthodox Church : Rules for Palm Sunday and Easter

Friday, April 10, 2020


The Romanian Orthodox Church (BOR) has announced the rules for the Palm Sunday and Easter celebrations in Romania this year due to the restrictions over the coronavirus pandemic. Thus, the pilgrimage on Palm Sunday is not held anymore this year, while believers can go out in front of their houses during the Resurrection night to light candles or to take the Holy Light from the volunteers. The Palm Sunday pilgrimage is suspended ...

Coronavirus: Commission invites Member States to prolong restriction on non-essential travel to the EU until 15 May

Thursday, April 9, 2020


Today, April 8, the Commission invited Schengen Member States and Schengen Associated States to prolong the temporary restriction on non-essential travel to the EU until 15 May. ...

Iohannis urges strict observance of coronavirus rules for relaxation to follow

Thursday, April 9, 2020

President Klaus Iohannis emphasized on Wednesday the need for the strict observance of the measures imposed by the authorities to prevent the spread of the novel coronavirus, so that a relaxation can follow."The weather is fine, we hear in the news that certain countries are working on a plan to ease these measures. No matter how much this saddens me, I must openly tell you: Romania is not yet in that phase, regrettably, the number of cases in Romania is on the ...

HealthMin Tataru: Coronavirus cases in Romania to increase in next two-three weeks

Thursday, April 9, 2020

Health Minister Nelu Tataru said in Sibiu on Wednesday that there will be another two weeks in which the number of COVID-19 cases in Romania will increase, and there will also be deaths, which is why the population must protect itself."A fulminant development hinges a lot on this voluntary isolation. I know it's hard. (...) Once again, we are interested in the safety of the medical staff, a medical staff that needs to stay on the frontline, but at the same time we ...

Premium News


Friday, April 10, 2020

Financial & Banking

Monday, April 6, 2020


Tuesday, April 7, 2020


Wednesday, April 8, 2020

Energy & Environment

Thursday, April 9, 2020