Loading page...

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

Subscribe|Login

Daily

Hunedoara: Opera Nights Festival returns to Corvinilor Castle

Friday, July 16, 2021

210716085100214612151_4185006368203693_8790420455606043704_n.jpg

Opera Nights Festival returns to Corvinilor Castle in Hunedoara, the cultural event being scheduled for July 17 and 18 with two performances in the open air.   For this year's edition, the organizers, Hundoara County Council and Hunedoara Mayoralty want to offer the audience shows with “Turandot”by Puccini and “Il Trovatore” by Verdi, performed by artists of “Oleg ...

Gov't passes memorandum on 'Educated Romania' project; inter-ministerial to be set up by Aug. 1

Thursday, July 15, 2021

On Wednesday, the government passed a memorandum on the 'Educated Romania' project, and an inter-ministerial group coordinated by the prime minister will be created by August 1, whose vice-president will be the education minister."At today's government meeting, we passed a memorandum on the 'Educated Romania' project, a project of President Klaus Iohannis. I think it is no surprise that there is a need for reform in the Romanian education system, and this programme, ...

France Day - Laurence Auer: We dedicate the ceremony to medical staff, vaccination efforts worldwide

Thursday, July 15, 2021

210715074209218004088_4596608427016961_4239278419362940149_n.jpg

French Ambassador in Bucharest Laurence Auer has dedicated Wednesday's celebration of her country's National Day - July 14 - to the medical staff involved in the fight against COVID-19 and vaccination efforts around the world."After more than a year of fighting the pandemic, we dedicate this ceremony to the medical staff and the efforts made for vaccination in France, Romania, and around the world, which we must intensify even more," the diplomat said at the ceremony held ...

Luca Niculescu, re-elected chairman of the Group of Francophone Ambassadors from France

Thursday, July 15, 2021

The ambassador of Romania to Paris, Luca Niculescu was re-elected chairman of the Group of Francophone Ambassadors from France (GAFF) on Tuesday, informs on Wednesday in a press release the Embassy of Romania to France. During the AG of the organisation, ambassador Niculescu was confirmed in the position with unanimity of the over forty ambassadors representing countries on the five continents. The Romanian ambassador spoke about ...

Romania to donate 100,000 doses of COVID-19 vaccines to Vietnam

Thursday, July 15, 2021

President Klaus Iohannis had a telephone conversation with his Vietnamese counterpart Nguyen Xuan Phuc on Wednesday at the request of the Vietnamese official, announcing that Romania will donate 100,000 doses of COVID-19 vaccines to Vietnam.According to the Romanian Presidential Administration, the conversation provided an opportunity for an exchange of views on the latest developments in and prospects for the bilateral relationship between Romania and Vietnam, including ...

PM Citu: Romania did not buy 120 million anti-COVID vaccines - order for several years

Thursday, July 15, 2021

 Prime Minister Florin Citu said on Wednesday that Romania has not bought 120 million doses of anti-COVID vaccine, these being only ordered based on a strategy assumed at the level of the European Union that allows, depending on situation, also their resale or donation."We did not buy them. These are an order. (...) The strategy to buy a vaccine is assumed throughout the European Union. Everyone has the same strategy (...), all countries are going in the same ...

Euro reached on Wednesday a new historic maximum to the leu : the presented rate by BNR : 4.9283 lei/euro

Thursday, July 15, 2021

210715074607Curs_valutar_BNR_mar__i_10_decembrie._C__t_cost___euro___i_dolarul_la_casele_de_schimb_840x500.jpg

The European currency reached on Wednesday a new historic maximum to the leu, as the rate calculated by BNR was 4.9283 lei/euro, higher by 0.05 bani (+0.01%)against Tuesday, when the euro was quoted at 4.9278 lei.On the interbanking market, the national currency was traded between 4.9264 and 4.9305 lei for one euro.The leu lost ground to the American dollar, which reached 4.1792 lei, up by 1.67 bani (+0.40%) against the rate on Tuesday, namely 4.1625 ...

Foreign direct investments increase by 1.674 billion Euro, in 5 months

Thursday, July 15, 2021

210715074711fdi_767x336_mobile_blue.png

 Direct investments of non-residents in Romania has summed up 2.432 billion Euro, rising by 1.674 Euro, from 758 million Euro during the period of January - May 2020, according to the data published by the National Bank of Romania (BNR) on Wednesday.Participation in capital (including estimated net reinvested profit) have summed up the net value of 2.340 billion Euro, and intragroup loans registered a net value of 92 million Euro.The data from the National ...

Current account balance deficit increases by 2.74 billion euro in first 5 months of year

Thursday, July 15, 2021

The current account balance of payments deficit has increased by 2.74 billion euro in the first five months of this year, to 5.947 billion euro, from 3.207 billion euro in the January - May 2020 period, according to data of the National Bank of Romania sent on Wednesday."In the structure of this deficit, the balance of goods recorded a higher deficit by 1.130 million euro, the balance of secondary income and services recorded lower surplus by 287 million euro and 72 million ...

Bucharest Mayor Dan: We will have Intercommunity Development Association to access European money for waste

Thursday, July 15, 2021

The Intercommunity Development Association (ADI), through which the Bucharest municipality and the district mayors will be able to access European money for waste will operate as of August, the general mayor of Bucharest, Nicusor Dan said on Wednesday.He informed that it was agreed that a decision on this issue be adopted by the Local Council of Sector 1 this week, and by the General Council in the July 19 meeting. Thereafter, the sectors will again adopt a council ...

AHK Romania president: Romania's waste recycling rate just 14 pct

Thursday, July 15, 2021

Romania has a lot to catch up with in terms of recycling, BASF Romania CEO and president of the Romanian - German Chamber of Commerce and Industry (AHK Romania) Andreas Lier told a symposium on Wednesday, stressing that only 12 percent of the country's waste is reused, while the rest ends in landfills or is improperly disposed of.In terms of recycling, Romania has a lot to catch up with. Only 14 percent of municipal waste is recycled or composted, the rest ends up in ...

Statistics: Jan - May new manufacturing orders up 27 pct YoY

Thursday, July 15, 2021

New orders for Romania's manufacturing industry over January 1 - May 31, 2021 were 27 percent up in nominal terms from the same period in 2020 on the back of growth in the durables industry (+37.5 percent), the intermediate goods industry (+32.7 percent) and the capital goods industry (+27.0 percent), the National Institute of Statistics (INS) informs.Conversely, new orders for the FMCG industry dropped 2.2 percent in the reporting period.Compared to the ...

Industrial turnover goes up by 25.3% during first five months

Thursday, July 15, 2021

 The total industrial turnover (internal and external market), has gone up, in nominal terms, by 25.3% during the first 5 months of 2021, as opposed to the similar period of last year, according to a press release sent by the National Institute of Statistics on Wednesday.The turnover advance was generated by the growth of the processing industry (+25.8%) and the extractive industry (+10.4%).By large industrial groups, the business turnover increased in the ...

President Iohannis participates, on Wednesday, in Government meeting on assuming "Educated Romania" project

Wednesday, July 14, 2021

 President Klaus Iohannis will participate, on Wednesday, in the Government meeting on assuming the "Educated Romania" project, the Presidential Administration announced.Last week were finalized the public debates on the "Educated Romania" project. President Iohannis announced that this week the Government will assume, through a memorandum, the goals and objectives of the "Educated Romania" project."Following these days' discussions, a ...

Commissioner Valean: Debate on future of Europe calls for even greater attention to idea of solidarity among EU citizens

Wednesday, July 14, 2021

210714101323original_lansarea_oficiala_a_dezbaterii_nationale_privind_viitorul_europei_13_iulie_2021_121.jpg

   The debate on the future of Europe calls for even greater attention on the idea of solidarity among all EU citizens, the European Commissioner for Transport Adina Valean said on Tuesday, who added that, until now, the conference on the EU future brought together more than 1,400 events and almost 5,500 ideas.In her view, the debate on the future of Europe calls for even greater attention to the idea of solidarity among all ...

President Iohannis: We must admit EU's voice is a small one at a global level

Wednesday, July 14, 2021

President Klaus Iohannis on Tuesday said that the European project is a successful one, with the Union being "strong" economically, but the EU's "voice" is a "small" one at a global level, which for him, as head of state, is "totally unsatisfactory."The head of state said at the official launch of the national debate on the future of Europe, held at the Cotroceni Palace, that the member states must realize that they need to work together more and have common ...

Chief of Defense Staff, on official visit to the United States

Wednesday, July 14, 2021

Chief of Defense Staff, Lieutenant General Daniel Petrescu, is paying an official visit to the United States of America on July 12-18, on which occasion he will meet with the Chairman of the Joint Chiefs of Staff of the U.S. Army, General Mark A. Milley, and other senior NATO and US military officials, informs the Ministry of National Defense (MApN).According to the cited source, the visit of the Romanian official is part of the actions to strengthen ...

Romania's annual inflation rate advances to 3.9 pct in June

Wednesday, July 14, 2021

210714102025stock_photo_inflation_word_on_calculator_business_and_tax_concept_1947002581.jpg

Romania's annual inflation rate increased to 3.9 percent this June from 3.8 percent in May, as prices for non-foods advanced 5.71 percent, for food 2.17 percent, and for services 1.59 percent, shows data released on Tuesday by the National Institute of Statistics (INS).Consumer prices were 0.3 percent up compared to May 2021 and the year-to-date inflation rate (June 2021 compared to December 2020) is 3.4 percent.The 12-month average rate for ...

The World Bank and the Ministry of European Investment and Projects have concluded a Memorandum valid until 2029

Wednesday, July 14, 2021

210714101736213897808_1765424446988993_9150754582884430831_n.jpg

 Romania will benefit from the World Bank's expertise for pension system reform, minimum inclusion income, administration and civil service reform, the Ministry of European Investments and Projects (MIPE) informed on Tuesday.According to a press release, the relevant minister, Cristian Ghinea, had a meeting on Tuesday with a delegation of the World Bank, led by World Bank Vice President for Europe and Central Asia Anna Bjerde. In this context, Minister ...

Prices of electricity, fuels and tobacco have risen most in last year

Wednesday, July 14, 2021

210714101911stock_photo_rising_food_and_grocery_store_prices_and_expensive_daily_consumer_goods_concept_man_counting_food_716625154.jpg

Prices of electricity, fuels and tobacco have risen the most in the last year, while air transport services have seen the most significant reductions in fares, according to data from the National Institute of Statistics (INS) released on Tuesday.Between June 2020 and June 2021, prices for electricity rose by 16.97%, for fuels by 11.75%, for tobacco and cigarettes by 7.03%, and in air transport there were price decreases of 20%.As regards food, in ...

Premium News

Daily

Thursday, July 29, 2021

Financial & Banking

Monday, July 26, 2021

Economic

Tuesday, July 27, 2021

Companies

Wednesday, July 28, 2021

Energy & Environment

Thursday, July 29, 2021