Loading page...

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

Subscribe|Login

Daily

How many votes from PSD-ALDE are needed for the government to fall

Thursday, June 13, 2019

19061310380062021637.jpg

For the censure motion of the opposition to pass there are 233 votes needed. National Liberal Party (PNL) , Save Romania Union (USR), People's Movement Party (PMP), Pro Romania and Hungarian Democratic Union of Romania (UDMR) announced they will support the measures but the leader of the liberal deputies Raluca Turcan announced on Wednesday that the motion does not have the necessary votes. The parliament  has a number of 465 deputies and senators ...

MApN proposes a dialogue with Budapest on the issue of military cementaries

Thursday, June 13, 2019

The situation of the military cemeteries in Romania and Hungary, especially the cemetery in Valea Uzului, could be discussed in a meeting which the officials of the Ministry of National Defence (MApN) could have with their counterparts in Budapest.According to a press release of the MApN, the meeting is proposed by the Romanian party, the discussions to be led through the National Office for Heroes Cult (ONCE) and the Institute and Military History Museum of ...

Romania closed almost 100 files during presidency of Council of EU

Thursday, June 13, 2019

President Klaus Iohannis on Wednesday specified that Romania closed almost 100 files while holding the presidency of the Council of EU, pointing out that this is thanks to the technical teams."Romania managed to close almost 100 files, which is maybe double compared with what others achieved before us, even more than double. Romania succeed, besides this, to hold a summit in Sibiu that laid the strategic ground for the future mandate of the European institutions ...

Working group at Presidential Administration focusing vote in the diaspora - established

Thursday, June 13, 2019

 President Klaus Iohannis on Wednesday has announced the establishment of the working group to come up with proposals to improve the organisational and legislative framework for the vote in the diaspora and that this week a document on this topic will already be drafted, to be then sent to the relevant authorities."I immediately announced after the elections that I would establish a working group at the Presidential Administration to come up with proposal to ...

President Iohannis urges gov't to take steps to consolidate public finance, collect revenues

Thursday, June 13, 2019

190613103905original_sedinta_plenara_a_cdr_12_iun_2019_2.jpg

President Klaus Iohannis on Wednesday urged the government to take measures for rapid consolidation of public finance and collection of the government revenues, arguing that vulnerabilities are widening."You may remember me having resubmitted the budget for re-examination to Parliament. Meanwhile, vulnerabilities are getting worse - see the budgetary situation at the level of the public administration ... I am calling on the Government to take measures to speed up ...

În May, inflation rate flat at 4.1 pct on higher food prices

Thursday, June 13, 2019

190613104228vector_inflation_concepttemplate_450w_293954408.jpg

Consumer prices were up 4.1% in May 2019 compared to May 2018. The annual rate calculated on the basis of the Harmonised Index of Consumer Prices (HICP) is 4.4%. The average consumer price rate based on the CPI over the last 12 months (June 2018-May 2019) as compared to the previous 12 months (June 2017-May 2018) is 4.2%. The average rate based on the HICP is ...

Industry turnover up 7.4 pct in January-April 2019

Thursday, June 13, 2019

In April 2019, the industry turnover per total (domestic and non-domestic market), in nominal terms, decreased compared to the previous month by 4.7% and increased compared to the corresponding month of the previous year by 9.7%. In the priod 1.I-30.IV.2019, compared to the period 1.I-30.IV.2018, the industry turnover (domestic and non-domestic market), in nominal terms, increased by ...

New orders in the processing industry up 7.6 per cent in January-April

Thursday, June 13, 2019

In April 2019, the new orders in manufacturing overall (domestic market and non-domestic market), in nominal terms, increased by 3.4% compared to the previous month and were up 13.3% from the same month of the previous year. In the 1.I-30.IV.2019 period, the new orders in manufacturing rose in nominal terms by 7.6% compared to the 1.I-30.IV.2018 period. Overall new orders ...

Romanian milling and bakery industry needs 5,000 employees

Thursday, June 13, 2019

The Romanian milling and bakery industry has a labour shortage of nearly 5,000 employees, or around 10 percent of all workers in the sector, currently estimated at almost 45,000 employees.  This is not the only sector suffering from workforce shortage. Next to bakery, those ...

BestJobs Survey: Over half of Romanians think their jobs will be taken over by robots or automation

Thursday, June 13, 2019

Over half of Romanians believe that their job could eventually be taken over by robots and automation, but they see certain professionals as irreplaceable, including priests, artists or psychologists, according to a survey by BestJobs. 12 percent of Romanians are concerned about robots and automation displacing them from their jobs soon, in the next five years, while another 14.6 percent see it as a possibility in the next 5 to 10 years. 11.3 percent ...

Iohannis: It is necessary for Black Sea, Balkans regions to remain stable, predictable area

Wednesday, June 12, 2019

President Klaus Iohannis emphasizes the need for the Black Sea region and the Balkans to remain "a stable and predictable area", pointing out that the answer to the challenges in the area is cohesion and adaptation to the new realities of the security environment."For Romania as an allied state, and for NATO as a whole, security in the Black Sea region is of particular importance for the Euro-Atlantic security. Our region - border of the North Atlantic Treaty ...

Romania's position on the Republic of Moldova crisis

Wednesday, June 12, 2019

In an answer to ziare.com, the Presidential Administration reports that Romania’s official position regarding the political situation in Republic of Moldova was expressed on Tuesday by the press release issued by the Ministry of Foreign Affairs. Asked whether there was any discussion between FM Teodor Melescanu and Klaus Iohannis on a common position regarding the situation in Chisinau, the Presidency replied that it assumes the viewpoint ...

Crisis in Moldova seen by Iulian Chifu: Dialogue can be maintained by Romania by special envoy to Chisinau

Wednesday, June 12, 2019

190612102932chifu_iulian.jpg

Professor Iulia Chifu, former presidential councilor, declared on Tuesday for Mediafax, that Romania must continue to use bilateral diplomacy about  the situation in Moldova, pointing out that dialogue can be maintained by special envoy to Chisinau. Iulian Chifu pointed out that organizing a CSAT meeting in the context of the political and constitutional crisis in Moldova represents the option of the country's president, but can represent an ...

Politico: Ex DNA head Kovesi not giving up on EU prosecutor job

Wednesday, June 12, 2019

As a prosecutor, Laura Codru?a Kovesi has gone after top politicians, powerful businessmen and corrupt judges. She's not going to be fazed by a bit of Brussels politicking, politico.eu reads. Kovesi, Romania's former anti-corruption chief, is one of two remaining candidates to be the European Union's first public prosecutor, tasked with investigating crimes linked to the EU budget, such as fraud, corruption and money ...

Ana Birchall, appointed as interim Deputy Prime Minister

Wednesday, June 12, 2019

President Klaus Iohannis signed on Tuesday the decree for appointing Minister of Justice Ana Birchall as interim Deputy Prime Minister for the implementation of Romania's strategic partnerships, informs the Presidential Administration.Prime Minister Viorica Dancila announced on Tuesday that she conveyed to President Klaus Iohannis the nomination for Ana Birchall, the Minister of Justice, to also act as Deputy Prime Minister for strategic ...

Senate President starts today an official visit to France

Wednesday, June 12, 2019

 Senate President Calin Popescu-Tariceanu is paying an official visit to the French Republic on Wednesday and Thursday at the invitation of his French counterpart Gerard Larcher.The official visit to France of the Senate President is part of the demarche of the parliamentary diplomacy aimed at deepening and diversifying the political dialogue and strengthening the special character of the traditional friendship relation with this country, reads a press ...

Motion against Foreign Affairs Minister, rejected by the Senate

Wednesday, June 12, 2019

The simple motion against Minister of Foreign Affairs Teodor Melescanu, titled "May 26 Is Calling for Your Resignation, Mr. Melescanu!", initiated by 34 senators of the opposition's National Liberal Party (PNL), Save Romania Union (USR) and the People's Movement Party (PMP) was defeated on Tuesday in the Senate plenum by a vote of 69 to 37. The vote was secret, by electronic ballot.The initiators of the motion accused ForMin Melescanu of poorly managing the ...

PNL wants to submit censure motion against the Government

Wednesday, June 12, 2019

The National Liberal Party (PNL) on Wednesday will submit the censure motion against the Government, political sources said.The PNL leader, Ludovic Orban, last week announced that the censure motion draft got adopted in principle by the leadership of the party and negotiations were launched in support of this action.The censure motion is supported by the PMP (People's Movement Party), UDMR (Hungarian Democratic Union of Romania), USR (Save Romania ...

PM Dancila, European Commissioner Andriukaitis had talks about transboundary diseases

Wednesday, June 12, 2019

1906121031491560253065original_01_resize.jpg

The subject of transboundary diseases, a common danger for the European states and economies, was on the agenda of the talks held on Tuesday by Prime Minister Viorica Dancila and the European Commissioner for Health and Food Safety Vytenis Andriukaitis.The Minister of Agriculture Petre Daea also attended the meeting.During the talk, Premier Viorica Dancila conveyed to the European Commissioner the assurance of the total involvement of the Romanian ...

BNR: Romanians' net wealth exceeds 2,000bln lei last year

Wednesday, June 12, 2019

190612103416financial_planning_money_growth_concept_450w_1296622348.jpg

The net wealth of the Romanian population exceeded 2,000 billion lei (over 423 billion euro) last year, close to the maximum threshold registered a decade ago, in 2008, and the real estate assets had the highest share in the net wealth of the Romanians, of almost 80 percent, according to data from the Financial Stability Report published by the National Bank of Romania (BNR)."The population's balance sheet situation continued its positive trend in the period since ...

Premium News

Daily

Wednesday, June 26, 2019

Financial & Banking

Monday, June 24, 2019

Economic

Tuesday, June 25, 2019

Companies

Wednesday, June 26, 2019

Energy & Environment

Thursday, June 20, 2019