Loading page...

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

Subscribe|Login

Daily

New scandal in the health system: Medical physicists without proper training treat patients with cancer

Thursday, February 14, 2019

The College of Medical Physicists in Romania has revealed eight cases of persons without proper training who acted as medical physicists in the health system, although they are mechanical engineers, bio-engineers or chemists. They lacked proper training in physics but worked illegally in hospitals and clinics in Bucharest and in the country, digi24.ro informs. Among the duties and responsibilities of the medical physicist are ...

President Iohannis, guest of honour of Munich Security Conference

Wednesday, February 13, 2019

190213103034190207_MSC2019_PreviewSlider.png

President Klaus Iohannis Saturday through Sunday will attend as guest of honour the 55th edition of the Munich Security Conference, informs on Tuesday a release by the Presidential Administration.According to the source, the president of Romania will open, as High Representative of the state holding the presidency of the Council of the EU, the series of debates, alongside German Chancellor Angela Merkel and Egyptian President Abdel Fattah al-Sisi, the latter as ...

Minister Les to participate in meeting of defence ministers of NATO member states in Brussels

Wednesday, February 13, 2019

Minister of National Defence Gabriel Les on Wednesday and Thursday is set to participate in the meeting of the defence ministers from NATO member states, to take place at the headquarters of the North-Atlantic Treaty Organisation in Brussels, the Ministry of National Defence (MApN) informed in a release on Tuesday.In the two days of the meeting the high officials will discuss topical issues regarding the implementation of the decisions adopted at the latest allied ...

TRANSCRIPT Hub call with Ambassador Hutchison - U.S. Permanent Representative to NATO

Wednesday, February 13, 2019

190213103446DzRUOuIW0AAzmgg.jpg

Please find below the transcript Tuesday’s call with Ambassador Kay Hutchison previewing the NATO Defense Ministerial.  Over 70 journalists participated from Belgium, Bulgaria, Denmark, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Italy, Japan, Kosovo, Latvia, Macedonia, the Netherlands, Norway, Poland, Portugal, Romania, Russia, Spain, the UK, Ukraine, the United States and ...

DefMin: F16 aircraft to take part in Air Police Brigade missions as of March

Wednesday, February 13, 2019

F16 aircraft of the Romanian Army are to take part in missions of the Police Air Service (SLPA) starting in March, under a national command, informs the Minister of Defence, Gabriel Les.He specified in a post on Facebook that the F16 aircraft will also be able to participate in international missions, as soon as the Romanian squadron receives the NATO certification."The 53 F16 squadron has been evaluated at national level for participation in SLPA ...

EPP supports Codruta Kovesi’s bid for the European Prosecutor’s Office top position

Wednesday, February 13, 2019

190213103537EPP_logo.png

Vice- President of the European People's Party (EPP), the largest political group in the European Parliament, Esteban Gonzalez Pons says his party is endorsing and will vote Laura Codruta Kovesi, the former Romanian anti-corruption head, for the helm of the European Prosecutor’s Office, a body that is to be operational as of 2020. „To be brief, we support her. I think the politics should stay away from the elections of the ...

SNSPA accuses anti-European and antidemocratic speech promoted by party representatives

Wednesday, February 13, 2019

The academic community of SNSPS accuses the public anti-European and antidemocratic speech promoted of late in the public by representatives of parliamentary political parties. SNSPA points out that xenophobia, retrograde nationalism and discourse based on hatred are not values of peace, democracy and the European area the Romanian society is part of. “Such speeches, based on stereotypes and prejudices, dynamite the bases ...

Lia Olguta Vasilescu withdraws candidacy for position of deputy premier and development minister

Wednesday, February 13, 2019

On Tuesday, Lia Olguta Vasilescu withdrew her candidacy for the position of deputy premier and development minister. She said she made that decision following a discussion with the social-democrat (PSD - ruling party) president and that an attack with Constitutional Court - CCR would mean extending the period of blocking government activity. “Today, following a discussion with PSD leader Liviu Dragnea, I decided to withdraw my candidacy for the ...

Survey: 27.8pct would vote with PSD; 26.7pct with PNL in EP elections; 30pct haven't decided

Wednesday, February 13, 2019

A share of 27.8 percent of the Romanians expressing a voting option would vote with the Social Democratic Party (PSD – at rule)) in the elections to the European Parliament, 26.7 percent would vote for the National Liberal Party (PNL - opposition), 10 percent for the Save Romania Union (USR), 9.2 percent for the Alliance of Liberals and Democrats (ALDE) and 7 percent for PLUS, shows an INSCOP poll commissioned by the Konrad Adenauer Foundation and conducted in the ...

BNR's Isarescu : Central bank's independence is under attack

Wednesday, February 13, 2019

Governor of the National Bank of Romania (BNR) Mugur Isarescu said during hearings in the Senate’s joint economic and budget committees on Tuesday that BNR insists that, in the case of Government Emergency Ordinance 114, the ROBOR Romanian Inter-bank Offer Rate be cut loose from asset taxation because keeping it there would be tantamount to attacking the independence of the central bank."Cutting ROBOR loose from this ordinance is a two-edge sword, so to say. ...

President Iohannis: Budget, hastily built on unrealistic economic estimates

Wednesday, February 13, 2019

190213104233savings_2789112_960_720.jpg

President Klaus Iohannis said on Tuesday that Romania's 2019 national budget has been hastily put together based on unrealistic economic projections, warning that the budget is not of the leadership of the Social Democratic Party (PSD), main at rule, but Romania's."President Klaus Iohannis points out that this budget is not the budget of the PSD leadership, but of Romania, of our stability and prosperity in the coming years," reads a press statement released by ...

The industry turnover up 11.8pct in 2018

Wednesday, February 13, 2019

In December 2018, the industry turnover per total (domestic and non-domestic market), in nominal terms, decreased compared to the previous month by 16.5% and increased compared to the corresponding month of the previous year by 2.9%. In the period 1.I-31.XII.2018, compared to the period 1.I-31.XII.2017, the industry turnover per total (domestic and non-domestic market), in nominal terms, increased ...

The new orders in manufacturing up 15.8 pct in 2018

Wednesday, February 13, 2019

In December 2018, the new orders in manufacturing overall (domestic market and non-domestic market), in nominal terms, decreased by 18.9% compared to the previous month and were up 4.7% from the same month of the previous year. In the 1.I-31.XII.2018 period, the new orders in manufacturing rose in nominal terms by 15.8% compared to the 1.I-31.XII.2017 period. New orders ...

Angela Cristea: UK exiting EU without agreement, disorderly, with great potential for crisis

Tuesday, February 12, 2019

1902121150582019.02.11_1.jpg

The head of the European Commission Representation in Romania, Angela Cristea, said on Monday that the chances of the UK withdrawing from the EU without an agreement increase by the day, which would make the exit disorderly and having a great potential for crisis in many sectors."The agreement negotiated and agreed upon with Prime Minister May was rejected in a first vote in the British Parliament, and now we are in a rather bizarre situation in which we know that ...

The European Commission: it is important that the judicial decisions which are final should not be contested

Tuesday, February 12, 2019

The spokesperson of the European Commission Christian Wigand sent on Monday that it is important that the judicial decisions which have become final should not be contested and the observation of the final decisions to be an essential part of the rule of law. “ I can confirm that we have received an answer to the letter sent by the first vice chairman EC Frans Timmermans, the minister of justice Tudorel Toader. The European Commission is watching ...

The Dutch minister of justice: what is non-negotiable for each member state of the EU is the principle  of anti-corruption

Tuesday, February 12, 2019

190212115204ferdinand_grapperhaus.png

  In  a interview offered to the public television TVR , the Dutch minister of justice Ferdinand Grapperhaus said that the Netherlands was always willing to offer expertise and assistance so that Romania make progress and have a judicial system which could function for citizens, to give equal chances to prosperity and opportunities. ‘ We consider that Romania has made admirable steps over the last 10 years towards the rule of law. ...

Florin Jianu: 2019 state budget fragile, built on chimerical commitment appropriations

Tuesday, February 12, 2019

This year's state budget is fragile and unbalanced, since it relies on commitment appropriations which are actually chimeras and mean rolling over payments from one year to another, Florin Jianu, president of Romania's National Council of Small and Medium-sized Private Enterprises (CNIPMMR) told a press conference."The budget is fragile and unbalanced. It is built on commitment appropriations, just like the year before. This means that it does not start from ...

BNR raises end-2019 inflation forecast to 3 pct

Tuesday, February 12, 2019

190212120218727196_1525858807_bnr_prognoza_de_inflatie_pentru_2018_in_crestere_cu_36.jpg

The National Bank of Romania (BNR) raised its inflation forecast for the end of this year to 3 pct and estimates an inflation of 3.1 for the end of 2020, BNR governor Mugur Isarescu announced on Monday, as he presented the central bank's Quarterly Inflation Report.In November 2018 the BNR was estimating an inflation of 2.9 pct for the end of this year and of 3.2 pct for 2020.According to the National Bank of Romania, the annual inflation rate will ...

Isarescu about the sale of the foreign currency reserve: the interest could go up to 15-20%

Tuesday, February 12, 2019

190212120313cine_ar_fi_crezut_cate_surse_de_venit_are_mugur_isarescu_562982.jpg

Mugur Isarescu, the governor of the National Bank of Romania (BNR) stated on Monday that,if Romania sold an important part from the foreign currency reserve as Darius Valcov  the adviser for economic issues of the premier said, the interests on the interbanking market could go up to 15-20%.‘When he spoke about selling the reserve (Darius Valcov) as we have so much reserve, that the whole monetary mass could disappear, does he realize what he said? Or ...

Reuters: International development banks criticize Romania over bank tax plans

Tuesday, February 12, 2019

Two major international development banks, the European Bank for Reconstruction and Development and the International Finance Corporation, have formally complained to the Romanian government about proposed new banking sector taxes, Reuters correspondent reports. In an unusual move, the London-based EBRD and IFC, which is part of the World Bank, sent a joint letter to Bucharest on Feb. 1 in which they outlined their concerns about the plans.The EBRD has ...

Premium News

Daily

Monday, February 18, 2019

Financial & Banking

Monday, February 18, 2019

Economic

Tuesday, February 12, 2019

Companies

Wednesday, February 13, 2019

Energy & Environment

Thursday, February 14, 2019