Loading page...

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

Subscribe|Login

Economic

Gov't, HORECA representatives to jointly establish health protection rules to be applied in restaurants

Tuesday, July 7, 2020

Representatives of the Government and those in the HORECA industry will establish, within a joint group, a set of health protection rules to be applied in restaurants, in the perspective of resuming their activity, when the epidemiological evolution allows it."The representatives of the Government and those from the HORECA industry will work, within a common group, a set of sanitary protection rules, to be applied in the service units - restaurants - in the ...

Agriculture : EBRD and EIB make €12.5 million of new funds available to Romanian farmers

Tuesday, July 7, 2020

2007071011391.6_million_farmers_receive_almost_85_percent_of_the_EU_s_agricultural_subsidies_imagefullwide.jpg

EIB with EFSI support and EBRD providing new financing of €7.5 million and €5 million respectively to Agricover Credit IFN Romania’s leading financier of agriculture expanding farmers’ access to finance Loans will help local producers overcome impact of coronavirus ...

Measure on support for young farmers to be launched on July 15

Tuesday, July 7, 2020

The measure on support for young farmers through the National Rural Development Program 2014 - 2020 (PNDR 2020) will be launched on July 15, with an allocation of 43 million euros, of which 20 million euro for those applying from the diaspora, Minister of Agriculture and Rural Development Adrian Oros said in a press conference on last Thursday."The support for the installation of young farmers, a measure that will be launched on July 15, until October 15, will ...

Drought in Romania affects 34,647 farmers, 1.168 million hectares

Tuesday, July 7, 2020

Minister of Agriculture and Rural Development Adrian Oros announced that 34,647 farmers, who own 1.168 million hectares of crops established last autumn, have reported losses due to extreme drought, and compensations will be paid to agricultural producers in early September."A synthesis of the reports drawn up by those who worked in the emergency management boards has been completed and today we have official figures. A number of 34,647 farmers have been affected, ...

Statistics: Increase in 2019 poultry slaughter numbers, downward trend for all other slaughter animals

Tuesday, July 7, 2020

Slaughter numbers for cattle, pigs, sheep and goats in industrial units (slaughterhouses) followed a downward trend in 2019 compared to the year before, while the chicken meat production was on the rise, shows data released by the National Institute of Statistics (INS).With 196,037 cattle slaughtered in abattoirs last year, carcass weight was 43,536 tons, while the meat supply from the 3,921,418 pigs slaughtered in 2019 stood at 342,575 tons.The number ...

Milk production, up 7.7% in 2019; import, down 11.8pct

Tuesday, July 7, 2020

The processing units collected a total amount of raw milk of 1.161 million tonnes last year, down 0.2pct (1,982 tonnes) compared to 2018, the largest share being held by cow's milk, respectively 1.125 million tonnes, according to data from the National Institute of Statistics (INS) .According to the INS, in 2019 compared to the previous year, the quantity of raw cow's milk, collected by the processing units, from the agricultural holdings and collection centers, ...

Real Estate: JLL research: working from home does not equate to a lower demand for office space

Tuesday, July 7, 2020

Increased working from home doesn’t equate to less demand for office space. The latest JLL research „The future of global office demand” identifies four key factors that will play a major role in shaping future office spaces. Demand for office space is intrinsically linked to the economy; generally in a downturn, office demand drops off as employment levels fall and corporates move into cash preservation mode. The global pandemic has ...

Tourism : Study: Half of Romanians want to spend their holidays in the country

Tuesday, June 30, 2020

In the context of the coronavirus pandemic, half of Romanians want to spend their next vacation in the country, according to a study conducted by the Hospitality Culture Institute. The cities of Brasov, Constanta or Cluj-Napoca are among the most popular destinations. Most respondents (35%) have not yet planned their days off this year, only 15% want to spend their holidays abroad, and 7% will not have a vacation or will spend ...

Agriculture: Cereal traders: export suspension in April affected Romania's credibility abroad

Tuesday, June 30, 2020

200630105558colaj_comert.png

The suspension of cereal exports, a decision made by authorities in April, when Romania was in emergency state because of the new coronavirus, brought Romanian farm produce traders and farmers losses of thousands of euros, to which the drop of credibility abroad was added. Also, the measure still brings effects in the market, even though the decision was canceled later on, cereal traders and farmers say. Vasile Varvaroi, the ...

Gov't to support flood-hit population

Tuesday, June 30, 2020

Minister of Environment, Waters and Forestry Costel Alexe said on Friday that the Government will support both the population and the local communities that have been affected by this year's hydrometeorological phenomena.He told a press conference held in Radauti Prut that the central and county authorities will make a rapid assessment of the damage caused by the floods, and on this basis the Government will financially support the affected ...

Romania asks for significant funds under resilience plan, 2.5billion euros for irrigation infrastructure

Tuesday, June 30, 2020

Romania will invest 2.5 billion euros to rehabilitate its entire irrigation infrastructure out of 33 billion euros coming from the European Union; 1.1 billion euros will go to the desiccation and drainage infrastructure, and 2.1 billion euros to combat soil erosion, Agriculture Minister Adrian Oros said on Tuesday."We have an investment programme under this resilience plan of Romania. Everyone has wondered what we will do with the money earmarked for the ...

Animal production increased in sheep and goats, poultry in 2019, but decreased in pigs, cattle

Tuesday, June 30, 2020

In 2019, compared to 2018, the weight of animals to be slaughtered for consumption increased for poultry and sheep and goats, while it decreased for pigs and cattle. The wool production increased and the milk and egg production increased in 2019 compared to 2018 The weight of the animals and poultry to be slaughtered for consumption increased by 7.8 per cent for sheep and ...

Infrasructure : Valean ( European Commission) the Comarnic-Brasov highway could be financed from the Economic Recovery Fund Next Generation EU

Tuesday, June 30, 2020

The European Commissionaire for transport Adina Valean, considers that the Comarnic –Brasov highway could be financed from the Economic Recovery Fund Next Generation EU from which Romania could access up to 31.2 billion euro non-refundable.‘It should be seen if the minister of transport has a different idea regarding the financing, as for sure, there are many possibilities. It depends what you think. I think  transport should be one of the big ...

Wizz Air adds eight new routes from Bucharest

Tuesday, June 30, 2020

Low-cost carrier Wizz Air announced it is offering eight new routes from Bucharest to Cagliari (Sardinia/Italy), Copenhagen, Bergen (Norway), Hamburg, Karlsruhe/Baden-Baden, Memmingen (Germany), Santorini and Mykonos (Greece); flights to the new destinations are already available for booking for prices starting with 119 lei, the company said in release on Friday.With the new additions, Wizz Air operates flights on 61 routes from Bucharest to 20 countries. ...

Report finds Romanian railway lines in "deplorable to reasonable" state

Tuesday, June 30, 2020

200630105804SNCF_Regional_UTM_656x337.jpg

Romanian railway lines are in a state that varies from deplorable to reasonable, their traffic management continues to be done by radio and telephone, and the average commercial speed at which they are run is 30-40 km/h, reveals a recent sustainability and efficiency study of the Romanian railway network, unveiled on Tuesday in a videoconference by the Authority for Railway Reform (ARF).According to the conclusions, the existing signalling systems on the Romanian ...

Another delay for the subway line in Bucharest

Tuesday, June 30, 2020

The subway line serving the residents of Drumul Taberei neighborhood, in western Bucharest, will not open on June 30, as previously announced, transport minister Lucian Bode said. He made this announcement after a visit to the site of the M5 line alongside prime minister Ludovic Orban. Bode avoided announcing a new deadline for the opening of the line, which has seen numerous delays. However, prime minister Orban ruled out the ...

Healthcare: Timisoara's public hospitals to develop a hub of ultra performing oncological therapies

Tuesday, June 30, 2020

The diagnosis and treatment of cancer enters a new phase in Timisoara, where the highest performing therapies, unique in this part of Europe, from Vienna to Istanbul, such as radiosurgery, which uses cyberknife (cybernetic scalpel) or proton therapy, will be introduced in the medical circuit of the three public hospitals in the city.In the absence of an oncology institute, Timisoara will create its own hub designed for cancer patients, and the "Victor Babes" ...

Cars: Romanians, interested in the purchase of used vehicles with a maximum of 37,000 km traveled

Tuesday, June 30, 2020

The Tradus platform was visited in 2019 by 3 million users from the 45 countries where the platform operates and Romanians accounted for 17% of total visits. The interest in used commercial vehicles increased since the beginning of the year, and in the first 5 months of 2020 alone, 2.9 million visits have already been registered, 14% of which were made by users from Romania. The average number of kilometers traveled by the used commercial vehicle is ...

Trade: The deficit of Romania in the commerce with food produce, dropping by almost 9% in Q1

Tuesday, June 30, 2020

The deficit of Romania in the commerce with food produce dropped by almost 9% in Q1 of this year, as compared to the similar period of 2019, down to 440.9 million euro, according to the data presented by the ministry of agriculture and rural development (MADR). In the first three months of 2019, the deficit in the commerce with food produce was 482.83 million of euro. On the relation with the EU, Romania had a deficit of 953.28 million euro in Q1 of this year, but the ...

Romania had in 2019 the lowest prices for food and non-alcoholic beverages in the European Union

Tuesday, June 30, 2020

In 2019, the year before COVID-19 containment measures began to be widely introduced by Member States, price levels for consumer goods and services differed widely in the European Union of 27 Member States (EU). Denmark (141% of the EU average) had the highest price level, followed by Ireland (134%), Luxembourg (131%), Finland (127%) and Sweden (121%). At the opposite end of the scale, the lowest price levels were found in Bulgaria (53%) and Romania ...

Premium News

Daily

Friday, August 7, 2020

Financial & Banking

Monday, August 3, 2020

Economic

Tuesday, August 4, 2020

Companies

Wednesday, August 5, 2020

Energy & Environment

Thursday, August 6, 2020