Loading page...

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



Iohannis-Merkel meeting in Brussels

Friday, December 14, 2018


German Chancellor Angela Merkel gave assurances to President Klaus Iohannis on Thursday on the "full support" that Germany will offer to Romania during the rotating presidency of the Council of the European Union.According to the Presidential Administration, Klaus Iohannis had a meeting with German Chancellor Angela Merkel on Thursday on the sidelines of the European Council meeting in Brussels."The meeting focused on topical themes on the European ...

After certain disruptions, preparations for taking over EU Council presidency, in advanced stage, Iohannis said în Brussels

Friday, December 14, 2018

President Klaus Iohannis said in Brussels, that "after certain disruptions", the preparations for Romania's taking over the presidency of the Council of the European Union are "in an advanced stage".Asked if Romania is prepared to take over the presidency of the EU Council, Iohannis specified: "We are ready. There is always room for improvement, but I would like to say very honestly that, after certain disruptions that occurred and that I highlighted at the time, ...

President Iohannis met Austria's Chancellor Kurz to discuss about priorities of Romanian Presidency of EU Council

Friday, December 14, 2018

President Klaus Iohannis talked on Thursday in Brussels with Chancellor of Austria Sebastian Kurz about the visit that the Austrian official will pay to Romania on 21 December, as well as about the priorities of the Romanian Presidency of the Council of the European Union. Austria is currently holding the rotating Presidency of the Council of the EU.Furthermore, Klaus Iohannis and Sebastian Kurz evoked the complex European context in which the transition to the ...

Iohannis discusses with Tusk, Sipila on cooperation initiatives to ready Sibiu Summit, EU Strategic Agenda

Friday, December 14, 2018

 President Klaus Iohannis discussed on Thursday in Brussels with President of the European Council Donald Tusk and Finnish Prime Minister Juha Sipila about the cooperation initiatives for the preparation of the Summit in Sibiu and of the future EU Strategic Agenda for the period 2020-2024.According to the Presidential Administration, Iohannis' meeting with Tusk and Sipila took place on the sidelines of the European Council in Brussels.Finland will ...

Opposition submits non-confidence motion on Friday

Friday, December 14, 2018

Romania’s opposition parties will file in the Parliament a non-confidence motion against the Government headed by prime Minister Viorica Dancila on Friday, December 14. The text of the motion will be presented in front of the joint chambers on Monday, December 17, and the lawmakers will give vote on it  on Thursday, December 20. The motion is backed by the main opposition party, the National Liberal Party (PNL), but ...

CCR To Debate Cabinet Appointments Conflict On December 19

Friday, December 14, 2018

Romania’s Constitutional Court (CCR) set a December 19 term for a debate on the judicial conflict between the Government and President Klaus Iohannis on the subject of delayed cabinet appointments, court sources said. The December 19 meeting will see the parties defend their points of view on the matter. The deadline for sending opinions was set for Friday, December 13. Romanian Prime Minister Viorica Dancila announced on ...

JusMin Toader: Gov't not to replace Criminal Codes, but amend what is in force

Friday, December 14, 2018

Justice Minister Tudorel Toader said on Thursday that in case a draft ordinance amending the Criminal Code and the Criminal Procedure Code is promoted, it will not replace the ones in force, but will only amend some provisions.He explained that a possible project will include the alignment of provisions with the CCR (Constitutional Court of Romania, ed.n.) decisions, the transposition of the two Directives on extended confiscation and the presumption of innocence ...

Resolution of the US House of Representatives for the celebration of the Centenary of the Great Union of Romania

Friday, December 14, 2018


H. RES. 1178 Celebrating the centennial of Romania’s Great Union of 1918 and reaffirming the strategic partnership between the United States and Romania. IN THE HOUSE OF REPRESENTATIVES December 11, 2018 Mr. Turner (for himself, Mrs. Walorski, Mr. Lipinski, and Mr. Meeks) submitted the following resolution; which was referred to the Committee on ...

Thomas B. Modly: Aegis anti-aircraft defence system meant to defend Romania and Europe against threats

Friday, December 14, 2018

The Aegis system is meant to defend Romania and Europe against threats and any US measures to increase and improve the capacity of the system will be analysed together with our partners, due to specific regional needs, the deputy secretary of US Naval Forces, Thomas B Modly, at a meeting with Romanian journalists. The US official, who is on a visit to Romania, answered a question referring to the recent successful testing of the new Standard Missile 3 ...

Isarescu at the launching of the financial education platform TAXEDU

Friday, December 14, 2018


The population has to understand the fact that they can require the state for schools, civilized hospitals and highways only if they pay their taxes and the authorities have to collaborate for the education of the citizens, said on Wednesday the governor of the National Bank of Romania (BNR) Mugur Isarescu.He was present at the event of the launching of the platform for financial education TAXEDU which means to inform the young people and to communicate in an ...

Business forum Romanian –Greek dedicated to tourism

Friday, December 14, 2018

The Chamber of Commerce and Industry of Bucharest (CCIB) and the chamber of commerce and industry Evia (CCI Evia) from the Hellenic Republic organized a business forum in the domain of tourism at which took part Aristotelis Xenakis the new minister for economic and commercial affairs in the Embassy of the Hellenic Republic to Romania. There were also business people representing 11 Greek tour operator companies and specialized on such services as ...

New alliance between local authorities in Romania: the North Transylvania Province

Friday, December 14, 2018

After the Western Alliance was formed by Cluj, Arad, Timisoara and Oradea, a new association is announced, http://business-review.eu informs. The North Transylvania Province will reunite several localities and county councils in Maramures, Satu Mare, Salaj and Bistrita. The Province will be officially launched on January 15, 2019, and it is meant to consolidate the state through the economic development of the ...

APPA: Romania ranks first in Europe for number of deaths caused by road accidents

Friday, December 14, 2018


Romania ranks first in Europe for the number of deaths from road accidents, with an average of 98 deaths per one million people, the European average being 49 deaths per one million inhabitants, the Association for Insurance Promotion (APPA) informs. The European target is to reduce by half the number of road deaths between 2011-2020. The last four years were hard. There was a stagnation, small drops, even growths in Europe. We are far from reaching ...

Founder of bitcoin transaction company under judicial control

Friday, December 14, 2018

Vlad Nistor, the founder of a bitcoin transaction company in Cluj, for whom US prosecutors requested extradition, was placed under judicial control by Bucharest Court of Appeal. He cannot leave Cluj Napoca without approval. Bucharest Appeal Court magistrates denied the request of prosecutors from Cluj Appeal Court for the provisional arrest of Vlad Catalin Nistor and decided on judicial control for 30 days, until January 10, ...

Motion of no confidence to be lodged on Friday in Parliament

Thursday, December 13, 2018

Romanian opposition parties will file their announced no-confidence motion against the government on Friday, their parliamentary leaders announced on Wednesday. In a common press statement, Union save Romania (USR) Chairman Dan Barna, People's Movement Party (PMP, opposition)  Chairman Eugen Tomac and liberal (PNL) Lower Chamber group leader ...

Priorities of Romania's EU Council Presidency, based on four pillars

Thursday, December 13, 2018


The priorities of Romania's Presidency of the Council of the European Union are organized on four pillars: Europe of convergence, Europe of safety, Europe - global actor and Europe of common values, Prime Minister Viorica Dancila said on Wednesday.She pointed out that the first pillar - Europe of convergence - is based on "growth, cohesion, competitiveness, connectivity"."Convergence and cohesion to ensure a sustainable and equitable development for ...

Survey: 91% of Romanians are opposing amnesty and pardon for the corruption crimes

Thursday, December 13, 2018


An overwhelming majority of Romanians (91%) are opposing amnesty and pardon for the corruption crimes, says an ISSPOL opinion poll commissioned by Geeks for Democracy NGO. Moreover, a potential emergency ordinance or bill on pardon and amnesty is not popular even among the ...

Lia Savonea elected chairman of Superior Council of Magistrates (CSM)

Thursday, December 13, 2018


Former Bucharest Appeal Court chairman Lia Savonea was elected as chairman of top judicial watchdog CSM for next year on Wednesday, after being the only candidate running for the office. Savonea was appointed after being validated for the office by the CSM plenary, which also appointed Nicolae Solomon as deputy chairman of the body for next year. The two will replace current chairman Simona Marcu and deputy Codrut Olaru, who ...

Judiciary's priorities are in CVM report and need to be solved, PG Lazar said

Thursday, December 13, 2018

Romania's Prosecutor General Augustin Lazar said on Wednesday that the priorities of the judiciary are in Cooperation and Verification Mechanism (CVM) report and that they must be resolved."Present at the seat of the Supreme Council of Magistrates (CSM), Lazar was asked by journalists what he thinks about the announcement of the Social Democrats on the adoption of an emergency ordinance regarding the Criminal Codes."Please note that there are some ...

Romania - new mandate as SELEC Operations Director

Thursday, December 13, 2018

Romania has obtained a new mandate for the position of the Southeast European Law Enforcement Center (SELEC) Operations Director, in the person of Valentin-Paul Niculescu, head of the European Affairs, Schengen and International Relations Directorate of the General Inspectorate of the Border Police, who received the most votes for this position."At the 18th SELEC Council, held in Bucharest on 11 December, elections for the positions of SELEC Operations Director ...

Premium News


Friday, December 14, 2018

Financial & Banking

Monday, December 10, 2018


Tuesday, December 11, 2018


Wednesday, December 12, 2018

Energy & Environment

Thursday, December 13, 2018