Loading page...

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



EnergMin Popescu: Romania is interested in purchasing LNG, oil, petroleum products from the UAE

Thursday, June 23, 2022

Romania is interested in purchasing liquefied natural gas (LNG), oil and petroleum products from the United Arab Emirates in order to diversify its supply sources and routes, according to Romanian Energy Minister Virgil Popescu."Today, I participated in the opening of the second session of the Co-operation Commission between the Government of Romania and the UAE Government, the ministerial meeting. I said that there is a significant potential for ...

Parliament informed about entry, stationing and operation of Portuguese detachment on Romanian territory

Thursday, June 23, 2022

The plenum of Parliament on Wednesday took note of the letter of the President Klaus Iohannis informing the Senators and Deputies about the entry, stationing and operation of a Portuguese detachment on the Romanian territory in order to fulfill the post-consolidation missions to deter and defend NATO."The illegal and unjustified aggression of the Russian Federation against Ukraine has severely affected European and Euro-Atlantic regional security and has ...

Parliament has given the green light for the production of renewable energy on degraded agricultural land

Thursday, June 23, 2022

The plenary of the deputies’ chamber has voted, on Wednesday, the amendment and completion of the law 18/1991 which will allow the construction of parks for renewable energy production on agricultural land of 3rd, 4th and 5th class of quality, with the category of  arable use, pasture, vineyards and orchards, as well as those arranged with land improvement works, announced liberal (PNL) deputy Ervin ...

Romanian households, highest share of expenses with food and non-alcoholic beverages in EU

Thursday, June 23, 2022

Romanian households have the highest share of expenses with food items and non-alcoholic beverages in the European Union (25.2% when comparing with the 15% average EU27, the National Bank of Romania (BNR) shows in its "Report on financial stability"."The accelerated inflation rate, especially for the food items sector, will lead to a decrease in the population's buying power and disposable income, putting pressure on the capacity of covering debt service for ...

Eurobarometer: Romanians say their standard of living has dropped due to the war in Ukraine

Thursday, June 23, 2022


Nearly half of Romanians say the war in Ukraine has led to a drop in their living standards, and a third say they have not been affected, but expect their situation to worsen, according to a Eurobarometer poll conducted by the European Parliament. Four in ten Europeans say they are already experiencing an impact on their standard of living (40%). As clear sign of European resilience and unity, 59% of Europeans ...

David Popovici wins men's 100m freestyle world title

Thursday, June 23, 2022

Romanian 17-year-old swimmer David Popovici on Wednesday won the gold medal in the men's 100m freestyle event of the FINA World Aquatics Championships in Budapest, dashing off a time of 47.58 seconds.Frenchman Maxime Grousset was second with 47.64 and Canadian Joshua Liendo Edwards placed third with 47.71 seconds.David Popovici had managed the best time in the heats - 47.60 sec, as well as in the semifinals, setting a new junior world record of 47.13 ...

Universal Day of Romanian Blouse, during "RomanIA Autentica" Festival in Paris

Thursday, June 23, 2022


A parade of the popular Romanian Blouse, marked "Flori de Ie" will take place in Behague Palace, the residence of Romania's Embassy in France, on June 24, during the "RomanIA Autentica" Festival, the embassy announced in a press release.In a dedicated concept, which has the Romanian Blouse as a central element, 20 successful women from Romania and France, with ages between 25 and 70, from the business sector, diplomacy and culture, will parade in both traditional ...

President Iohannis, meeting with EU ambassadors accredited în Romania

Wednesday, June 22, 2022


President Klaus Iohannis had a meeting on Tuesday with the ambassadors of member states of the European Union, accredited in Bucharest, context in which he highlighted that both the European Council meeting, as well as the NATO Summit of this month, will represent important landmarks in regards to tackling complex European and global agenda, marked by the war in Ukraine and its political, economic and social consequences.According to a press release sent by ...

Chamber of Deputies rejects bill providing for two-round mayoral elections

Wednesday, June 22, 2022

The Chamber of Deputies rejected on Tuesday a bill providing for the election of mayors in two rounds of voting.The bill initiated in 2016 by People's Movement Party MPs amended to this effect Article 101 of Law No. 115/2015 on the election of local public administration authorities, Local Public Administration Law No. 215/2001, as well as Law No. 393/2004 on the statutes of local elected officials, stating that in case none of the candidates for mayor ...

Simple motion against Education minister, rejected by Chamber of Deputies

Wednesday, June 22, 2022

The Chamber of Deputies rejected, on Tuesday, the simple motion submitted by Save Romania Union (USR) against the Minister of Education, Sorin Cimpeanu.There were 60 votes in favor, 186 against and two abstentions.The simple motion dubbed "Minister. Disaster. Education without a future" and signed by 52 USR deputies, was debated by deputies in Monday's ...

Bucharest Stocks' Hanga: I think that predictability is very important for any company

Wednesday, June 22, 2022

 Predictability is very important for companies and not necessarily the level of taxes, but the visibility they have in the long run to build their business plan, says Radu Hanga, president of the Bucharest Stock Exchange (BVB)."I think that for any company, including for large companies, predictability is very important and, as a result, not necessarily the level of taxes is important, but the visibility one has in the long run to build a business plan ...

Three quarters of Romanians worried about economic crisis

Wednesday, June 22, 2022


Three quarters (76%) of Romanians are worried about a possible economic crisis that would affect their financial health, according to the findings of the 2022 edition of the UNSAR - IRES barometer on risk perception and insurance culture in Romania.According to the poll, galloping inflation is a cause for concern for 68% of respondents, followed by war (64%), fires and car accidents (61%) and pandemics /illnesses (57%).As they get older, the ...

Eurostat: The lowest price levels in the EU in 2021 were in Poland, Romania and Bulgaria

Wednesday, June 22, 2022


In 2021, price levels for consumer goods and services differed widely across ...

Ejobs: Net average salaries between 1,900 and 30,000 lei in Pharma field

Wednesday, June 22, 2022


The pharmaceutical industry represents an attractive field for candidates looking for jobs, when about a quarter of employees receive over 4,000 lei/month, according to an analysis made by an online recruiting platform.   According to eJobs, with about 6,000 jobs posted in the first half of 2022, the number of positions opened for people who want to work in the field was 60% higher than in the same period ...

Reveal Marketing Research Study: 55% of Romanians are worried about the negative effects of carbon emissions

Wednesday, June 22, 2022

* Global CO2 emissions reached a record high in 2021, following a slight regression at the beginning of the pandemic. In this context, Reveal Marketing Research conducted a national study to understand Romanians’ perceptions of sustainability in construction and their priorities for the ...

Dramatic fall in age of substance initiation to 10 - 12 

Wednesday, June 22, 2022

There has been a dramatic fall in the age of substance initiation to just 10-12, manager of Bucharest's 'St. Stelian' Hospital Teodora Ciolompea told the Senate's Committee on Human Rights, Equal Opportunities, Cults and Minorities."There is a lack of access to treatment for 14 to 18-year-olds. We can only admit adults to the hospital. So this would be a first requirement, also, I think it would be very important to resume discussions on the mental health ...

Ia Day celebrated on June 24 – law promulgated by the president

Wednesday, June 22, 2022


President Klaus Iohannis signed on Tuesday, the decree promulgating the Law setting up June 24 as Ia Day, the Romanian traditional women's blouse 'ia' .   The law was adopted on May 31 by the Chamber of Deputies, as decision making forum.   “On Ia Day, ...

 Romania to host again in 2023 Three Seas Initiative Summit, Business Forum

Tuesday, June 21, 2022


President Klaus Iohannis announced on Monday that Romania will host again in 2023 the Three Seas Initiative Summit (3SI) and the 3SI Business Forum."In 2018, we have successfully organized the Summit and the Business Forum in Bucharest, and five years later, in 2023, Romania will host once again this important event. This decision, which we announced today in the plenary of our meeting, reconfirms the major importance that Romania attaches to this regional ...

Leaders of states participating in 3SI, including Romania, support Ukraine's ambition to join EU

Tuesday, June 21, 2022

The leaders of Austria, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia adopted on Monday in Riga a joint declaration of the seventh Summit of the Three Seas Initiative (3SI), which shows the support for Ukraine's accession to the European Union.Also, through this declaration, Ukraine received the status of a partner country participating in 3SI.The document also welcomes Moldova and ...

Premium News


Friday, July 1, 2022

Financial & Banking

Monday, June 27, 2022


Tuesday, June 28, 2022


Wednesday, June 29, 2022

Energy & Environment

Thursday, June 30, 2022