Loading page...

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

Subscribe|Login

Daily

Head of Defense Major Staff meets Luxembourg counterpart at Cincu military base

Wednesday, July 24, 2024

General Gheorghita Vlad, the head of Defense Major Staff, met his Luxembourg counterpart, general Steve Thull on Tuesday, at the South-Eastern Command of the Multinational Corps in Sibiu and at “Getica” National Instruction Center at Cincu, Brasov, the Defense Ministry informs.   The two officials talked about the integration of Luxembourg militaries in NATO Battle Group, deployed at Cincu instruction facilities two years ago, for the ...

Romanian MEP Benea elected chair of European Parliament's Committee on Regional Development (REGI)

Wednesday, July 24, 2024

  Romanian MEP Dragos Benea (S&D) on Tuesday was elected chair of the European Parliament's Committee on Regional Development (REGI) for a two-and-a-half-year term, according to the official website of the European Parliament.Six other Romanian MEPs will be vice-chairs of various standing committees of the European Parliament: Rares Bogdan (EPP) in the Committee on Foreign Affairs (AFET); Iuliu Winkler (EPP) in the Committee on International Trade (INTA); ...

PM Ciolacu: A 7-year agreement to re-enter the 3% deficit target to be negotiated with new European Commission

Wednesday, July 24, 2024

  Romania will negotiate with the new European Commission a seven-year agreement to re-enter the 3% deficit target, prime minister Marcel Ciolacu said on Tuesday, claiming that our country is in a period of "accelerated" development and it is very important that investments continue."What I can tell you is, for example, that the World Bank gave us a loan to cover the deficit. I suppose that the World Bank saw the pace of Romania's development and did not ...

Balance of non-governmental credit, up by 1.8% in June versus May

Wednesday, July 24, 2024

 The balance of non-governmental credit granted by credit institutions increased, in June 2024, by 1.8% compared to May 2024 (1.6% in real terms), up to the level of 400.695 billion RON, according to data from the National Bank of Romania, published on Tuesday.Credit in RON, with a weight of 69.1% in the total volume of non-governmental credit, increased by 2.3%, and foreign currency credit expressed in RON, with a weight of 30.9% in the total volume of ...

Companies, households' bank deposits down by 1.2% in June v May 2024

Wednesday, July 24, 2024

The deposits of non-governmental customer residents decreased in June this year by 1.2% compared to the previous month, up to the level of 585.382 billion RON, but compared to the same period of the previous year they increased by 9.8% (4.6% in real terms), according to data from the central bank, published on Tuesday.RON-denominated deposits of residents, with a share of 70.4% in the total deposits of non-governmental customers, decreased by 1.6% compared to May 2024, to ...

The law concerning bear population management measures, promulgated

Wednesday, July 24, 2024

Romanian President Klaus Iohannis promulgated, on Tuesday, the law that provides for measures to manage the bear population. The legislative interventions are aimed at preventing attacks on the population and damage caused by bear attacks, by approving the killing for the years 2024-2025 of a number of 426 brown bears, which represents the prevention scale at the national level, and a number of 55 brown bears , which represents the degree of intervention at the national ...

70 musicians from ten countries to grace SoNoRo Musikland 2024 Saxon-set festival

Wednesday, July 24, 2024

  70 musicians from ten countries will delight the public at the 2024 edition of SoNoRo Musikland, an event taking place between July 25 and August 4 and having the Romanian Cultural Institute as a main partner."The Romanian Cultural Institute is the main partner of SoNoRo Musikland running July 25 - August 4 in Brasov, Cristian, Rasnov, Halciu, Viscri, Mesendorf, Crit, Prod, Saschiz and Sighisoara. The current edition has 13 concerts on the bill - of which a ...

Artists from Romania and Greece, at 13th edition of Visual Arts Symposium in Jibou Botanical Garden

Wednesday, July 24, 2024

 Artists from Romania and Greece will be present, between July 29 and August 8, at the 13th edition of the International Visual Arts Symposium "This in the Garden", held in the natural of the Botanical Garden from the city of Jibou, this year under the title "Garden Mysteries".At the Creative Camp, the most important activity of the symposium, Cluj artists Kancsura István (painting), Radu Serban (painting), Gil Turculet (painting), Gavril Zmicala (ceramics), ...

ForMin Odobescu emphasizes, at Foreign Affairs Council, Romania's support for Ukraine

Tuesday, July 23, 2024

The Minister of Foreign Affairs, Luminita Odobescu, participated on Monday in the Foreign Affairs Council (FAC), in which context she emphasized Romania's support for Ukraine, the Ministry of Foreign Affairs (MAE) reports.According to the cited source, the agenda of the meeting included Russia's aggression against Ukraine and the situation in the Middle East. At the Current Affairs point, the EU High Representative for foreign policy presented the latest progress achieved ...

Romanian, Hungarian home affairs ministers discuss Schengen, organised crime, border issues

Tuesday, July 23, 2024

 Amid the informal meeting of the Justice and Home Affairs Council taking place on July 21 - 22 in Budapest, Romanian and Hungarian Home Affairs Ministers Catalin Predoiu and Sandor Pinter discussed on Sunday Romania's Schengen full entry file, the Home Affairs Ministry informs in a release.The Hungarian minister reiterated the Hungarian Presidency's goal to obtain the decision that Romania and Bulgaria should join the visa-free area by land too until the end of ...

Mission wrap-up ceremony for Finnish Air Force, RAF detachments to be held at Mihail Kogalniceanu base

Tuesday, July 23, 2024

A mission wrap-up ceremony for the Finnish Air Force and the British Royal Air Force detachments deployed to Romania will take place on Tuesday in Constanta, specifically from 10:00 a.m., at the 57th Capitan Aviator Constantin Cantacuzino Air Base in Mihail Kogalniceanu.The roughly 260-strong British detachment (pilots and technical personnel) with six Eurofighter Typhoons, and the Finnish detachment consisting of approximately 90 personnel (pilots and technical-engineering ...

Ambassador George Maior:We are going through a phase of strong transition, with many dangers

Tuesday, July 23, 2024

The world is currently going through "a phase of strong transition," which can produce dangers, but also opportunities, the ambassador of Romania to Jordan and Yemen, George Maior, told Monday's launch of his book "Superpolitik - Superpolitics. Triumph and strategic failure.""The fundamental thesis from which I started in this book is the critical relationship, proven as such in history, between power and justice, legitimacy, in the way of building a political order, ...

Business Forum of Partnership for Transatlantic Energy and Climate Cooperation, at Palace of Parliament

Tuesday, July 23, 2024

Senior representatives from the public and private energy sector are meeting on Tuesday at the Palace of Parliament in Bucharest at the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) Business Forum and the Green Cities Alliance event to discuss energy security, energy transition, infrastructure projects and how cities are implementing strategies to accelerate clean paths.The events take place during the fifth meeting of the P-TECC, organized by the ...

Romania's ambassador to Nigeria, Florin Talapan, also accredited to Benin

Tuesday, July 23, 2024

 President Klaus Iohannis signed, on Monday, the decree regarding the accreditation of Florin Talapan, ambassador extraordinary and plenipotentiary of Romania to the Federal Republic of Nigeria, and as ambassador to the Republic of Benin, with residence in Abuja, informed the Presidential Administration.Florin Talapan was accredited as the ambassador of Romania to the Federal Republic of Nigeria, with residence in Abuja, in November ...

Finance Ministry draws over 335 million lei from banks on Monday

Tuesday, July 23, 2024

The Finance Ministry (MF) borrowed 335.4 million lei from banks on Monday, through a benchmark government bond issue with a residual maturity of 163 months, at an average yield of 6.80% per annum, according to data published by the National Bank of Romania (BNR).The nominal value of Monday's issue was 300 million lei and banks subscribed 410.3 million lei.An additional auction is scheduled for Tuesday, through which the state wants to attract another 45 million ...

Eight Romanian companies included in Deloitte EMEA Technology Fast500 latest edition

Tuesday, July 23, 2024

  Eight Romanian companies are included in the latest edition of the Deloitte EMEA Technology Fast 500, the ranking of the fastest-growing technology companies in Europe, the Middle East and Africa, a release by the consulting agency reads.Here are the eight companies: Redbee Software, Druid, Questo, Ascendia, FintechOS, Pentest-Tools.com, Kinderpedia and Nestor.Redbee Software, ranked 65th in the Deloitte EMEA Technology Fast 500, specializes in ...

Utility companies: Not having strategy regarding biomethane is lack of vision

Tuesday, July 23, 2024

Romania should move in terms of green gas production, because it has potential, but currently there is no strategy regarding biomethane, according to the representatives of the Federation of Associations of Energy Utility Companies."We have 60,000 km of gas distribution network and potentially new production capacities, plus biomethane production potential, which is an easy decarbonization tool, using the existing infrastructure, without the separate investments, i.e. ...

DICE: Over 155 million lei in economic crime cases

Tuesday, July 23, 2024

The value of the damages in economic crime cases sent to court in the first six months of this year is over 155 million lei, said Aurel Dobre, director of the Economic Crime Investigation Directorate (DICE) of the General Inspectorate of the Romanian Police.   The head of the DICE presented an overview of the actions carried out by the Romanian Police during the first six months of the year to combat economic-financial crimes and other violations of ...

Health costs caused by air pollution in Bucharest reach around €3,000 per person

Tuesday, July 23, 2024

The health costs caused by air pollution in Bucharest are the biggest in Europe and reach approximately 3,000 euro/person,that is why Low Emission Zones (LEZ) must be implemented by 2025 to improve air quality, say 2Celsius experts in a specialized analysis. "The health costs caused by air pollution in Bucharest are the highest in Europe, about €3,000. At the same time, the European Environment Agency announces that air pollution remains the main ...

Restrictions on water consumption in over 400 localities due to drought

Tuesday, July 23, 2024

 The population's water supply is ensured with restrictions by the water operators, in certain time intervals, for 449 localities, representing 15% of the Romanian localities, of which six cities, namely Dorohoi, Targu Neamt, Targu Ocna, Roman, Pascani and Harlau, partially the Municipality of Iasi which have centralized systems, informs the Romanian National Water Administration (ANAR).The most affected localities are in the counties of Botosani, Iasi, Alba, Gorj, ...

Premium News

Daily

Friday, July 26, 2024

Financial & Banking

Monday, July 22, 2024

Economic

Tuesday, July 23, 2024

Companies

Wednesday, July 24, 2024

Energy & Environment

Thursday, July 25, 2024