Loading page...

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

Subscribe|Login

Daily

CFA Romania : BNR decides to raise interest rate to fight inflation expectations

Wednesday, October 6, 2021

 The Central Bank has taken the decision to increase the interest rate in order to fight the inflationary expectations caused by the price increases that will follow the increases in energy prices, Adrian Codirlasu, vice-president of the Association, told Agerpres on Tuesday CFA ...

COFACE: New wave of post-pandemic social movements: international trade as collateral victim

Wednesday, October 6, 2021

While the restrictions linked to the COVID-19 pandemic put a temporary stop to the upsurge of protest movements, a new wave is on the horizon. Protests, mainly in emerging countries, are expected to increase due to an unprecedented deterioration of socio-economic indicators. In 2020, the Coface social and political risk indicator reached a record of 51% worldwide, and 55% in emerging countries.   This ...

Most new COVID-19 cases in Romania reported by Bucharest, (2,515), counties of Ilfov (612), Cluj (554)

Wednesday, October 6, 2021

211006111852stock_photo_digital_d_virus_rise_of_the_second_corona_wave_microbes_with_an_upward_arrow_symbolize_increasing_1836020002.jpg

Most of the newly confirmed COVID-19 cases in Romania since the previous reporting were recorded in Bucharest City - 2,515 and the counties of Ilfov - 612, Cluj - 554, Timis- 507, Prahova - 481, and Constanta - 463, the Strategic Communication Group (GCS), the official novel coronavirus communication task force, reported on Tuesday.The fewest new cases were recorded in the counties of Covasna - 34, Satu Mare - 79, and Harghita - 82.Ilfov County ...

Gov't approves dispensing antiviral drug Favipiravir for outpatient treatment of mild COVID cases

Wednesday, October 6, 2021

The government approved by emergency ordinance the release of antiviral drug Favipiravir for the outpatient treatment of mild COVID cases, acting Health Minister Cseke Attila announced on Monday."This is an emergency ordinance of the government that complements Law No. 136/2020 establishing specific public health measures in situations of epidemiological and biological risk. Basically, under the protocol for the treatment of infectious and contagious ...

Romania is present with 18 tech startups in Spotlight 2021 Programme

Wednesday, October 6, 2021

A number of 18 tech startups from Romania have been selected for the Spotlight 2021 Programme, organized by How To Web, one of the most important annual technology and innovation conferences in Europe, announced the organizers in a press release sent on Tuesday.In total, 42 of the most promising tech startups in Eastern Europe are included in the programme, which will end on November 24, with the event called "Pitch Day".The participating teams ...

Minimum wage to increase by 10 pct in net value

Wednesday, October 6, 2021

The government has adopted the increase of the minimum wage by 10 pct in net value, respectively by 138 lei (rd 27.89 EUR, ed. n.), starting from January 1, 2022, and the impact will be on a number of about 1.97 million people, Labour Minister Raluca Turcan announced on Monday. (1 EUR = 4.9469 RON)"Today, the government adopted the increase of the minimum wage in payment at the level of 2022. (...) This increase will be by 10 pct in net value, and as gross ...

Population expenses represented 84.7 pct of revenues in Q2 2021

Wednesday, October 6, 2021

- The total monthly average income was, in nominal terms, 5573 lei per household and 2196 lei per person in Q II 2021. - In Q II 2021, the total monthly average expenditure of the population was 4709 lei per household (1855 lei per person), accounting for 84.5% of the total income.       The ...

Cristian Macelaru, proposed by the Minister of Culture as artistic director of the

Wednesday, October 6, 2021

211006112353241912789_3108431729388938_6958822085880048104_n.jpg

The Culture Ministry nominated conductor Cristian Macelaru as artistic director of the George Enescu International Festival, the largest classical music event in the country.   Macelaru, currently the music director of Orchestre National de France and chief conductor of the WDR Sinfonieorchester Cologne, answered “positively” to the proposal, the ministry said ...

President Iohannis to attend informal European Council meeting, EU-Western Balkans summit on Tuesday and Wednesday

Tuesday, October 5, 2021

21100510120027_09_21_131465_Western_Balkans_Summit_curtain_raiser_PRV_thumbnail_11_31879.jpg

President Klaus Iohannis will attend the informal meeting of the European Council and the European Union (EU)-Western Balkans Summit on Tuesday and Wednesday in Brdo, Slovenia, the Presidential Administration informed.According to the Presidential Administration, the main topic of discussion will be the role of the EU at global level. In this context, the situation in Afghanistan, the security agreement between the USA, Great Britain and Australia (AUKUS), as well ...

President Iohannis signs decrees opening Romania's consulates general in Rome, Paris

Tuesday, October 5, 2021

On Monday, President Klaus Iohannis signed decrees opening Romania's consulates general in Rome and Paris, according to the Presidential Administration.He also signed a decree opening Romania's consulate in Melbourne, ...

Citu: PNL MPs will attend censure motion debate, won't vote

Tuesday, October 5, 2021

The members of parliament belonging to the National Liberal Party (PNL) will attend the debate in Parliament of the censure motion, but will not vote, announced, on Monday, Prime Minister Florin Citu, chairman of the PNL. "The PNL MPs will attend tomorrow's motion, but won't vote," said Citu, at the end of the meeting of the PNL's Executive ...

PM Orban: It would take "a lot of nerve" proposing Florin Citu for PM again, if censure motion passes

Tuesday, October 5, 2021

 The president of the Chamber of Deputies, Ludovic Orban, stated on Monday that he does not think that it is possible, in case the motion of censure initiated by PSD (Social Democratic Party) passes Parliament, for president Iohannis to nominate Florin Citu against as prime minister, as such nomination would take "a lot of nerve," while the correct way would be to convene the National Council of the party."According to the party's statute, the nomination of ...

All USR PLUS MPs will be present and will vote openly censure motion

Tuesday, October 5, 2021

 USR PLUS MPs will vote "openly" for the censure motion against the Citu Government, announced on Monday the leader of the party's deputies, Ionut Moteanu, adding that it is Florin Citu's "last day" at the Palace Victoria."Tonight we will have a first meeting of the new National Bureau in which we will establish the details related to the following days. What is certain is that I have decided so far with my parliamentary colleagues, again I checked with each ...

Opposition leader Simion says PNL tries to bribe MPs to skip censure motion vote session

Tuesday, October 5, 2021

National leader of the opposition Alliance for the Unity of Romanians (AUR) George Simion said on Monday that lawmakers of the National Liberal Party (PNL), major at rule, have tried to "bribe" AUR lawmakers to skip the vote session for a motion of censure against the Citu government by promising them public offices; he added that AUR will file a corruption complaint with the National Anti-Corruption Directorate (DNA).Simion said that he has audio and video ...

The government led by Florin Citu facing the first censure motion of this session

Tuesday, October 5, 2021

Recently confirmed as the chairman of the National Liberal Party (PNL), premier Florin Citu will go, on Tuesday to the Parliament, for the test of the censure motion.   The head of the government experiences a political premiere: two censure motions lodged in the same session, for the destitution of the executive, one initiated by PSD and the other by the former governing partners from USR-PLUS who joined the AUR MP for ...

INSCOP poll: Over 80 pct of Romanians consider things are headed in wrong direction

Tuesday, October 5, 2021

211005101303be47e0fb_4bc9_48f9_93f9_dce038bdde67.jpg

Over 80 percent of Romanians believe things in the country are headed in the wrong direction, and only 12.5 percent consider the opposite, found a survey conducted by INSCOP Research in partnership with market research company Verifield upon the commission of the Strategic Thinking Group think tank.The percentage of dissatisfied respondents is up from June, when 68.1 percent thought that things were going on the right track, and also from March, when this category ...

Hospitalisations, surgeries, suspended for 30 days, measure does not apply in case of emergencies, pregnant women

Tuesday, October 5, 2021

The head of Department for Emergency Situations (DSU), Raed Arafat, announced on Monday that an Order will be issued according to which, for a period of 30 days, hospitalisations and surgeries, as well as other treatments, will be suspended as well as other non-emergency medical investigations that can be rescheduled.Raed Arafat told a press conference at Victoria Palace of Government that due to SARS-CoV-2 infections, there is currently pressure on the ...

COVID incidence rate reaches 9.64 per thousand inhabitants in Bucharest

Tuesday, October 5, 2021

The COVID-19 incidence rate, calculated at 14 days, has reached 9.64 cases per thousand inhabitants in Bucharest, on Monday, the subprefect of the Capital Antoanela Ghita announced.The incidence rate for the previous day was of 8.98.A month ago, on September 4, the COVID-19 incidence rate in Bucharest was 0.97 per thousand inhabitants, according to the website of the Public Health Directorate (DSP).The COVID incidence passed 6 per thousand ...

EBRD signs up 50th participant in €3 billion urban sustainability programme

Tuesday, October 5, 2021

211005101623European_Bank_for_Reconstruction_and_Development_EBRD_logo_wordmark.png

Medias will scale up urban regeneration with a RON 38 million (€7.7 million) EBRD loan Cities account for 70 per cent of energy use, 80 per cent of greenhouse gas emissions   The EBRD’s fast-expanding €3 billion urban ...

REACT-EU: Commission approves €2 billion of additional resources for the recovery in Italy, Spain, Luxembourg and Romania

Tuesday, October 5, 2021

The Commission has granted €2 billion to Italy, Spain, Luxembourg and Romania following the modification of two European Regional Development Fund, ...

Premium News

Daily

Thursday, October 21, 2021

Financial & Banking

Monday, October 18, 2021

Economic

Tuesday, October 19, 2021

Companies

Wednesday, October 20, 2021

Energy & Environment

Thursday, October 21, 2021