Loading page...

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

Subscribe|Login

Daily

Wholesale trade advances 3.7pct in Romania in Jan-Aug 2020

Monday, October 19, 2020

Turnover from wholesale trade (except for motor vehicles and motorcycles), increased by 3.7 per cent, in nominal terms, gross series, and by 3 per cent, series adjusted depending on the number of business days and seasonality, in the first eight months of 2020, compared with the similar period of 2019, according to the data released by the National Institute of Statistics (INS) on Friday.Turnover from wholesale trade (except for motor vehicles and ...

Romania, among the Winners of EU Datathon 2020

Monday, October 19, 2020

During the online finals of the 18th European Week of Regions and Cities, the winners of the fourth edition of ...

Iohannis, in Brussels: I am not willing to accept very ambitious climate targets unconditionally

Friday, October 16, 2020

President Klaus Iohannis said on Thursday that he is willing to accept ambitious climate change combat targets, but not unconditionally."We are willing to accept quite ambitious goals, but I am not willing to accept them unconditionally. It is important for us to be able to manage the transition to an ambitious goal, which obviously means choosing ourselves, being allowed to choose our energy mix and it is also very important to be able to choose how we make the ...

PM Orban to pay official visit to France in late October, scheduled to visit Israel and Germany

Friday, October 16, 2020

Prime Minister Ludovic Orban announced on Thursday that he has scheduled an official visit to France at the end of October, together with several ministers, while a visit to Israel is scheduled for early November.Orban said he would pay a visit to Germany in late November, but no schedule has been officially agreed upon."I am scheduled to pay an official visit to France at the end of October. We have several points in discussion during the official ...

President Iohannis to discuss Constanta-Gdansk railway and the motorway projects financed by US next week in Tallinn

Friday, October 16, 2020

201016104036theree_seas_intiative.jpg

President Klaus Iohannis will discuss US-funded infrastructure projects in Tallinn next week, including the Constanta-Gdansk railway and the motorway that is meant to link Lithuania to Greece via Romania, Minister of Transport Lucian Bode informed at the RoInvest online conference.He specified that the Constanta-Gdansk railway project, Rail-2-Sea, was proposed by our country during the Three Seas Initiative Summit in 2018, in Bucharest, while the second project, ...

Annick Goulet, Canada's approved ambassador in Bucharest

Friday, October 16, 2020

2010161041132020.10.15_ba_a_goulet.jpeg

Minister of Foreign Affairs Bogdan Aurescu welcomed on Thursday Annick Goulet, the approved ambassador of Canada in Bucharest, for the presentation of her credentials, informs the Ministry of Foreign Affairs (MAE).On this occasion, the quoted source said, the Romanian chief diplomat mentioned the common interest of the two parties to strengthen the transatlantic relationship both through bilateral efforts and through cooperation within NATO, the EU-Canada ...

ForMin Aurescu - Japanese counterpart phonecall

Friday, October 16, 2020

The Minister of Foreign Affairs, Bogdan Aurescu, had, on Thursday, a phone call with his Japanese counterpart, Toshimitsu Motegi, the topics approached including the collaboration between the two countries in the context of the COVID-19 health crisis.According to a release of the Ministry of Foreign Affairs (MAE) sent on Thursday, the discussion took place in continuation of very good talks had by the two ministers on the sidelines of the ...

Intervention of the Permanent Representative of Romania to the UN in the interactive dialogue with the UN High Commissioner for Human Rights

Friday, October 16, 2020

The Permanent Representative of Romania to the United Nations, ambassador Ion I. Jinga, intervened in the virtual interactive dialogue of the UN member states with the UN High Commissioner for Human Rights, Michelle Bachelet, on Wednesday, 14 October, within the Third Committee of the General Assembly.  Ambassador expressed Romania’s support for the work, mandate and independence of the Office of the High Commissioner for Human Rights, ...

Alexandru Rafila, a PSD candidate in parlamentary elections

Friday, October 16, 2020

Social Democratic leader Marcel Ciolacu announced that Alexandru Rafila had joined the team of PSD candidates for parliamentary elections. Ciolacu pointed out that specialists are needed in Parliament to pass laws in the fight with coronavirus pandemic. Rafila said he chose to join PSD because he had an honest discussion with Marcel Ciolacu and did not get another proposal in that respect.   “I know ...

Sector 1 Mayoralty validates Clotilde Armand's mayor mandate

Friday, October 16, 2020

The Bucharest Sector 1 Mayoralty validated the mandate of sector 1 mayor for Clotilde Armand, a decision which is not final. It can be attacked by appeal in two days . Shortly after that, Armand reacted on Facebook and wrote “touche”. She also posted the decision of the court. Many accusations were made about election fraud, many of them in sector 1, following the September 27 elections. The Social Democratic party (PSD- ...

INSP reports 42,121 acute respiratory infection cases in the week Oct 5 – 11

Friday, October 16, 2020

201016104207covid_19.jpg

A total of 42,121 acute respiratory infection cases (clinical flu, upper respiratory infections and pneumonia) were registered last week nationwide, by 8.7 percent more compared to the week before, the National Public Health Institute (INSP) announced on Thursday.The total number of acute respiratory infection cases (clinical flu, upper respiratory infections and pneumonia) in the week October 5 - 11 was 42,121, by 50.2 percent lower than the number recorded in ...

Finance Minister and US Ambassador in Bucharest discuss increasing US infrastructure investment

Friday, October 16, 2020

201016104341121581976_10164544489250454_104447060495876191_o.jpg

Minister of Finance Florin Citu met on Thursday with the ambassador of the United States of America in Bucharest, Adrian Zuckerman, with the two discussing mainly increasing American investments in infrastructure, but also the financial sector."I had a very good meeting with His Excellency Adrian Zuckerman, ambassador of the United States of America in Bucharest, during which we discussed plans to increase US investment in infrastructure, the financial sector and ...

Gov't to support EC fast tracking approval of multiannual financial framework provisions

Friday, October 16, 2020

201016104528original_gov_1583.jpg

The Romanian government will support the European Commission fast-tracking the approval of regulations for the 2021 - 2027 multiannual financial framework and details of the European Council-endorsed Economic Recovery Programme, Prime Minister Ludovic Orban said on Thursday.He welcomed European Commissioner for Budget and Administration Johannes Hahn on a visit to Bucharest."Today's discussion was an extremely important one because it focused on ...

The European Investment Fund: Romania is better prepared for the present crises from the perspective of GDP, convergence and investment market

Friday, October 16, 2020

Romania is better prepared for the present crises from the perspective of the GDP, convergence and investment market, states Jose Cabrita, senior manager for investments with the European Investment Fund (FEI) in the region, who says that Romania will continue to be attractive and develop its private capital  and risk market for the benefit of the growing companies and start-ups.   When referring to the Romanian market ...

Study: 78% of the Romanian managers and entrepreneurs consider that the main opportunity for companies are European funds

Friday, October 16, 2020

The companies have high hopes for European funds, so that 78% of the managers and entrepreneurs consider that the main opportunity for the companies are European funds, and the best placed industries in the context of the crisis of Covid-19 are IT&C, pharma and e-commerce, shows the study Termene.ro, platform with updated info about the financial and judicial data of the companies in Romania.  The objective of the study ‘ Covid ...

McKinsey Report: Digital Challengers in the next normal. Central and Eastern Europe on a path to digitally-led growth

Friday, October 16, 2020

* Acceleration of creating a digital, tech-driven economy could be the key to post-pandemic growth in the region. The development of Central and Eastern European economies over the past few decades is truly a remarkable achievement. The ten CEE countries analyzed in this report—Bulgaria, Croatia, the Czech Republic, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia—increased per capita GDP by 115 ...

Les Films de Cannes a Bucarest festival to take place online, outdoors and as a drive-in

Friday, October 16, 2020

201016104623120753713_3524211914303545_4339101427357585693_o.jpg

Les Films de Cannes a Bucarest festival will take place between October 23 and November 1, with films and events taking place mainly online, outdoors and as a drive-in event, in observing health protection measures, informs a press release sent on Thursday.Starting on October 23, at the Cinema ...

President Iohannis to attend European Council meeting in Brussels, Oct. 15-16

Thursday, October 15, 2020

President Klaus Iohannis will be attending a European Council meeting in Brussels October 15-16.The summit's agenda includes the COVID-19 pandemic, future relations between the European Union and the United Kingdom, and the fight against climate change. At the same time, the European leaders will look into the external relations of the European Union.According to the Romanian Presidential Administration, when addressing the COVID-19 pandemic, the ...

President Iohannis received the 'Emperor Otto' award

Thursday, October 15, 2020

President Klaus Iohannis was awarded in Magdeburg the 'Emperor Otto' Prize for "great merits in the European unification process"."I am particularly honored to receive the 'Emperor Otto' award, which has a special significance not only for the city of Magdeburg and Germany, but also for the idea of a Europe united around democratic values and ideals. This award honors me all the more, as we are in a city steeped in history, in a cathedral that has witnessed ...

European Commissioner Johannes Hahn starts today a visit to Bucharest

Thursday, October 15, 2020

European Commissioner Johannes Hahn, responsible for budget and administration, will pay a visit to Bucharest on Thursday, informs the Representation of the European Commission in Romania.According to the quoted source, the European official will have meetings with Prime Minister Ludovic Orban, Deputy Prime Minister Raluca Turcan, Minister of Finance Florin Citu, and with the Minister of European Funds, Marcel Bolos."The topics of discussion to ...

Premium News

Daily

Friday, October 30, 2020

Financial & Banking

Monday, October 26, 2020

Economic

Tuesday, October 27, 2020

Companies

Wednesday, October 28, 2020

Energy & Environment

Thursday, October 29, 2020