Loading page...

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

Subscribe|Login

Daily

President Iohannis accepts invitation to pay visit to the Kingdom of Saudi Arabia

Thursday, February 13, 2020

200213102301original_primire_mae_arabia_saudita_12_02_2020_10.jpg

President Klaus Iohannis has met at the Coroceni Presidential Palace, on Wednesday, Saudi Minister of State for Foreign Affairs Adel Bin Ahmed Al-Jubeir.According to a Presidential Administration release, State Minister Adel bin Ahmed Al-Jubeir reiterated the invitation extended to Romania's President by King Salman bin Abdulaziz Al Saud, to pay a visit to Riyadh, an invitation which has been accepted by President Iohannis.Iohannis commended, within ...

ForMin-designate:Without U.S. participation, solution cannot be conceived regarding peace process in the Middle East

Thursday, February 13, 2020

Without the participation of the U.S., a solution regarding the peace process, which can be viable in solving the Israeli-Palestinian conflict, cannot be conceived, Minister-designate of Foreign Affairs Bogdan Aurescu has stated on Wednesday, in a joint statement alongside Saudi Minister of State for Foreign Affairs Adel Bin Ahmed Al-Jubeir, who is paying a visit to Romania on Wednesday and Thursday."I have reiterated Romania's standpoint regarding the necessity ...

The Qatari Ambassador to Bucharest, interested in Romanian agro-food products

Thursday, February 13, 2020

200213102357bd15702bca40e0c61fa009390630c831_XL_1200x600.jpg

The dismissed Minister of Agriculture and Rural Development, Nechita-Adrian Oros, on the occasion of a meeting he had with the Ambassador of the Qatar state to Bucharest, Abdulla Nasser A. Alhemaidi, said the Romanian sheep breeders have a major interest in establishing sustainable partnerships for sheep export and also relayed their request that the state of Qatar should accept the replacement of live animal exports with frozen meat, during the summer, especially when there ...

Government debt, at the end of November 2019, was 37.1 of GDP

Thursday, February 13, 2020

200213102433wdhcvvxx_1365477788.jpg

The debt of the public administration (government debt) totaled at the end of November, last year, 366.438 billion lei (rd 77 billion EUR), namely 37.1 of the GDP, according to data centralized by the Ministry of Public Finance (MFP).Of the total above, the sum of 11.964 billion lei represented short term debt and the rest represents medium and long-term debt. The largest part of this debt, namely 307.323 billion lei, was represented by state ...

Commission urges ROMANIA to stop illegal logging

Thursday, February 13, 2020

200213102532article_12668_hero.jpg

The Commission is urging Romania to properly implement the EU Timber Regulation (EUTR), which prevents timber companies from producing and placing on the EU market products made ...

Air Pollution: Commission calls on ROMANIA, GREECE and MALTA to adopt national air pollution control programmes

Thursday, February 13, 2020

200213102721air_pollution_smog_black_smoke_air_pollutants.jpg

The Commission urges Romania, Greece and Malta to adopt their first national air pollution control programmes and to communicate them to the Commission, as required under Directive ...

Waste: Commission urges ROMANIA and SWEDEN to comply with EU rules on ship recycling

Thursday, February 13, 2020

The Commission is urging Romania and Sweden to comply with their duty to fully implement European legislation on ship recycling (Regulation (EU) No 1257/2013). The ...

Anti-Money Laundering: Commission urges 8 Member States to transpose the 5th Anti-Money Laundering Directive

Thursday, February 13, 2020

The Commission has sent letters of formal notice to Cyprus, Hungary, the Netherlands, Portugal, Romania, Slovakia, Slovenia and Spainfor not having notified any implementation measures for the 5th Anti-Money Laundering ...

Statistics: 2019 industrial production down 2.3 as unadjusted series

Thursday, February 13, 2020

In December 2019, industrial production decreased by 13.8% as gross series compared to the previous month and was down 0.1% as series adjusted by number of working days and seasonality. Compared to the same month of the previous year, industrial production fell by 3.4% as gross series and dropped 6.9% as series adjusted by number of working days and seasonality. In the ...

Extractive, processing industries contribute to 5.3pct increase in industry turnover in 2019

Thursday, February 13, 2020

In December 2019, the industry turnover per total (domestic and non-domestic market), in nominal terms, decreased compared to the previous month by 10.7% and increased compared to the corresponding month of the previous year by 8.5%. In the priod 1.I-31.XII.2019, compared to the period 1.I-31.XII.2018, the industry turnover (domestic and non-domestic market), in nominal terms, increased by ...

New orders in manufacturing industry increase by 4.4 pct, in 2019

Thursday, February 13, 2020

In December 2019, the new orders in manufacturing overall (domestic market and non-domestic market), in nominal terms, decreased by 11.4% compared to the previous month and were up 8.1% from the same month of the previous year. In the 1.I-31.XII.2019 period, the new orders in manufacturing rose in nominal terms by 4.4% compared to the 1.I-31.XII.2018 period. The year 2019 ...

Parliament's meeting for the investiture of the new Orban Gov't, on 24 February

Wednesday, February 12, 2020

Parliament's meeting for the investiture of the new Orban Government will take place on Monday, 24 February, at 16:00hrs, according to the decision of the Joint Standing Bureaus.According to the timetable established by the leaderships of the two Chambers of Parliament, the hearing of the proposed ministers in the parliamentary committees will take place on 17, 18 and 19 February.Also attending the meeting of the Joint Standing Bureaus was Prime ...

CCR: Parliament and Presidency must present stand on nominating Ludovic Orban for second mandate as premier

Wednesday, February 12, 2020

The Parliament and Presidency must, by February 14, present their stand on PSD (socia-democratic party – opposition) claim about Ludovic Orban's nomination as premier for the second time, the Constitutional Court (CCR) announced. According to the claim, the conflict of constitutional nature between the two state authorities consists in the discretionary exertion of the president's attributions. In the opinion of PSD Romania's president ...

PM Orban - Early elections, necessary, normal government can no longer coexist with Parliament dominated by PSD

Wednesday, February 12, 2020

Acting Prime Minister Ludovic Orban states that the National Liberal Party (PNL) is in a "life-or-death fight," with the Social Democratic Party (PSD - opposition), and early elections are needed because "a normal government" can no longer coexist with a parliamentary structure dominated by Social Democrats who "torpedo everything"."There are politicians and journalists in this world, commentators, who, for whatever reason, do not know why, invent, simply make ...

Acting ForMin to meet Saudi ForMin; discussions regarding situation in Middle East on the agenda

Wednesday, February 12, 2020

Saudi Minister of State for Foreign Affairs Adel Bin Ahmed Al-Jubeir will pay a visit to Romania on Wednesday and Thursday and the meeting with Romania's Acting Foreign Affairs Minister Bogdan Aurescu is included on the agenda of the first day.The visit takes place in the context of celebrating, in 2020, 25 years of diplomatic relations between Romania and Saudi Arabia and "is part of the shared efforts to strengthen the bilateral relations, both at political and ...

Nicolae Ciuca to participate in NATO ministerial meeting, on Wednesday and Thursday, in Brussels

Wednesday, February 12, 2020

Dismissed Minister of National Defence Nicolae Ciuca on Wednesday and Thursday is set to participate in the meeting of defence ministers of the NATO member states, to be held at the North-Atlantic Alliance's Headquarters in Brussels, informs a press release of the Ministry of National Defence (MApN) sent on Tuesday.The debates at this meeting will be subsumed to the continuity lines in decision making adopted at the NATO Leaders Meeting held in London, in ...

EC mission in Bucharest under Cooperation and Verification Mechanism

Wednesday, February 12, 2020

200212111849European_Commission_newsite.jpg

A European Commission delegation, on a mission to Romania, on Tuesday met dismissed Justice Minister Catalin Predoiu, voicing praise for the procedure for selecting prosecutors to fill top and middle management positions at the Public Prosecution Service."Catalin Predoiu, minister of justice, met a European Commission delegation on a mission to Romania on February 10-12, 2020. Romania's progress over the last three months with meeting the recommendations of the ...

Romania will enter excessive deficit procedure, at earliest in March

Wednesday, February 12, 2020

200212111934Cum_a_evoluat_deficitul_bugetar_al_Romaniei_in_ultimii_patru_ani.jpg

Romania will fall under the excessive deficit procedure, something that cannot be avoided and the earliest it can happen is in March, Minister-designate of Public Finance Florin Citu told Monday evening private TV broadcaster Realitatea Plus."The talks are ongoing with the European Commission. (...) And, yes, Romania will enter the excessive deficit procedure. Another gift left to Romania by the PSD [the Social Democratic Party]: the excessive deficit procedure. ...

Acting PM Orban on excessive deficit: Romania won't suffer as long as it presents the EC a plan to reduce deficit

Wednesday, February 12, 2020

Interim Prime Minister Ludovic Orban argues that Romania won't suffer in terms of excessive deficit procedure being triggered as long as it presents to the European Commission a plan which shows a deficit below 3 percent in a reasonable period of time, with related measures to convince the European forums."We have an excessive deficit procedure triggered by their deficit and by the ticking bomb which they [the Social Democratic Party - PSD Governance] left in our ...

BNR lowered its 2020 inflation forecast to 3 percent

Wednesday, February 12, 2020

200212112039Mugur_Isarescu_photo_Bnr.ro_.jpeg

The National Bank of Romania (BNR) has lowered its 2020 inflation forecast to 3 percent from the previous estimate of 3.1 percent, BNR governor Mugur Isarescu told a press conference on Tuesday.The central bank's inflation projection for next year stands at 3.2 percent."The annual CPI inflation is projected to return to the target corridor starting with Q1 2020 (2.8 percent), amid the exhaustion of the effects of supply shocks from 2019. It will ...

Premium News

Daily

Wednesday, February 26, 2020

Financial & Banking

Monday, February 24, 2020

Economic

Tuesday, February 25, 2020

Companies

Wednesday, February 26, 2020

Energy & Environment

Thursday, February 20, 2020