Loading page...

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



Agriculture: Romania has the capacity to become European leader in the soya production

Tuesday, May 10, 2022


Romania has the capacity to become European leader in the soya production, if annually a surface of approximately 700,000 ha would be allocated, five times more than at present, according to the Association of Farmers from Romania (AFR).In 2021, the surface cultivated with soya was 140,000 ha, dropping by 29% against 2020 (169,000 ha) and the production obtained has surpassed 347,000 tons, with ...

Agriculture: Government allocates 450 million RON to support farmers affected by COVID-19 pandemic

Tuesday, May 3, 2022

Prime Minister Nicolae Ciuca, announced on last Thursday, at the start of the Executive session, that the Government will allocate 450 million RON for supporting farmers affected by the COVID-19 pandemic."It is a support that farmers have been waiting for and through which we hope to contribute to everything that involves the recovery of Romanian agriculture, recovering production in Romanian farms. We discussed this aspect with the Minister while visiting an ...

AgriMin Chesnoiu: Romania, comfortable regarding level of internal cereal stocks until new harvest

Tuesday, May 3, 2022

Romania is in a comfortable position regarding the level of internal stocks until the new harvest, if we are referring to cereal, and the supply systems at the level of the European Union are working without major disturbances, said, on Thursday, after the Government sitting, the Minister of Agriculture and Rural Development, Adrian Chesnoiu."We are in a comfortable position regarding the level of internal stocks if we are referring to cereal. The supply systems ...

Infrastructure: Mihail Kogalniceanu Airport to receive financing of 136 million euros from European funds

Tuesday, May 3, 2022

The Mihail Kogalniceanu International Airport in southeastern Constanta County will receive financing of 136 million euros from European funds, to boost the security and safety of passenger traffic, announced, on Tuesday, the Minister of Transports and Infrastructure, Sorin Grindeanu.He signed with the director of the airport, Bogdan Ionut Artagea, the financing contracts of three projects, namely "Access control video surveillance system", "Boosting the ...

Oradea airport expands under EUR 16.5 mln project

Tuesday, May 3, 2022

The Airport of Oradea, in the western part of Romania, subordinated to the Bihor County Council, launched in the public procurement system (SEAP) the tender for the development and modernization of the airport infrastructure, an investment estimated to cost RON 81.5 mln (EUR 16.5 mln) excluding VAT.The project is financed from European funds through the Large Infrastructure Operational Program (POIM) ...

Romania, 931 kilometers of motorway at end of 2021, meaning 5.3% of national road length

Tuesday, May 3, 2022


Romania had 931 kilometers of motorway at the end of last year, representing 5.3% of the length of national roads, according to a press release sent by the National Institute of Statistics (INS)."Of the length of national roads, 6,197 km (35.4%) were European roads, 931 km (5.3%) were motorways, and from the standpoint of number of lanes, 1,978 km (11.3%) were roads with 4 lanes, 297 km (1.7%) roads with 3 lanes and 36 km (0.2%) roads with 6 lanes. The length of ...

Navigation on Bega between Romania and Serbia can be resumed after reopening Sanmihaiu Roman lock

Tuesday, May 3, 2022

The lock at Sanmihaiu Roman has officially become operational again on Friday, after it was repaired during a crossborder project with Serbia, so that, after more than half a century since navigation was suspended on Bega river between Romania and the neighboring country, the channel can now be navigated between the two countries.During the project, rehabilitation works of the river lock were performed, as well as for the sluice, which was built over 100 years ...

Telecom. IT: Ericsson has obtained the CSAT approval for 5G

Tuesday, May 3, 2022

Swedish manufacturer of telecom equipment Ericsson has obtained the approval from Romania's Security Council (CSAT) to provide equipment and software to be used in the IT infrastructures of national interest, as well as in the 5G networks.   The opinion was given to Ericsson Telecommunications Romania, Ericsson Antenna Technology Romania, Ericsson Estonia and Ericsson ...

Tourism: Camping.info: The campsites of Romania have among the lowest prices for accommodation in Europe

Tuesday, May 3, 2022

The campsites of Romanian have among the lowest prices for accommodation in Europe, and the campsite Cheile Rasnoavei is the most popular, says camping.info, specialized site in information and booking for camping services where over 23,000 such places are presented, inclusive 93 from Romania.   According to camping.info, besides the campsite Valea Rasnoavei, there are other popular campsites such as Campsite Route, ...

Real Estate: Inflation and Ukraine crisis driving real estate prices up by double digits in 2022

Tuesday, May 3, 2022

The Romanian residential sector saw a 16 percent increase in the average price per square metre in 2021, and the trend appears to have continued since the beginning of 2022. Last year, price hikes were supported by the high demand for apartments and houses, but now they seem to be a consequence of the rising cost of construction materials.   Prices for construction materials rose by about 50 percent last year, leading to a ...

Trade: Reveal Marketing Research : No meal without bread: Romanians are still big consumers of bakery products

Tuesday, May 3, 2022


More than half of Romanians that live in rural areas consume bread daily compared to only a quarter of those in urban areas; Around the Easter holidays, half of the Romanians declare that they will prepare the cozonac – a traditional romanian holiday desert – at home, and half will buy ...

Romania's food retail turnover seen topping 142 bln RON in 2021 

Tuesday, May 3, 2022

The domestic food retail turnover could exceed 142 billion RON in 2021 amid the advance of consumption, but also of heightened inflationary pressure, shows a KeysFin survey."Food retail turnover increased by almost 10 percent compared to 2019 and was 97 percent above the figure of 2011, hitting the almost 130 billion RON estimated for 2020. For 2021, KeysFin analysts estimate that the threshold of 142 billion RON will be exceeded against the background of the ...

Cars: Automobile market in Romania had highest increase in Q1

Tuesday, May 3, 2022

Car registrations in Europe dropped in March for the ninth month on a row, but Romania is among few markets recording increases of registrations compared to March 2021, according to data published by the European Automobile Manufacturers Association (ACEA).   According to the source, 1.127 million automobiles were registered in March 2022 in EU, Great Britain and EFTA countries (Iceland, Liechtenstein, Norway and ...

Dacia reports 10,000,000th vehicle made since inception

Tuesday, May 3, 2022

An urban gray Duster SL Extreme vehicle on last Wednesday became the 10 millionth vehicle produced under the Dacia brand, according to the carmaker.The anniversary vehicle has left the general assembly line of the Mioveni Vehicle Plant to join the Dacia collection of historical models.The first Dacia vehicle manufactured at the Mioveni Plant dates back to August 20, 1968, and, as a result of co-operation with Renault that began in 1966, production ...

Real Estate: Report: The largest number of homes under construction in Bucharest in history

Tuesday, April 19, 2022

Over 27,000 homes are under construction at this moment in Bucharest and its surrounding according to a report released by real estate consultant SVN Romania. This is the largest number of dwellings under construction in the region in the modern history of the local residential market.   Of the homes under construction, approximately 21,000 dwellings could be delivered in ...

Telecom. IT : ANCOM : We hope to organise the bid for 5G in September - October

Tuesday, April 19, 2022


The National Authority for Management and Regulation in Communications (ANCOM) hopes to organize the bid for 5G in September – October, stated Vlad Stoica, chairman of the institution, during the Cybersecurity Forum, organized by Financial Intelligence.‘As you know, we are having discussion for the organisation of the 5G bid. We hope to have it in September – October. We ...

Romania's economy digital component is over 20 pct of GDP

Tuesday, April 19, 2022

The digital economy is an important component in Romania's economy, being estimated at over 20 pct of the Gross Domestic Product, Oleg Roibu, vice-president of the Romanian Association of Online Stores (ARMO), said on Wednesday at a specialized conference."We are convinced that the digital economy and the role that the digital transition will have in the accelerated development of Romania represent extremely complex themes that require a constant dialogue ...

Agriculture: The minimum gross basic salary in the agricultural field will be at least 3.000 lei per month

Tuesday, April 19, 2022

The plenum of the Chamber of Deputies adopted, last week, with 269 votes “in favor”, 10 “against” and six abstentions, the draft law assumed by the ruling coalition, which stipulates that the minimum gross salary in the agricultural field is at least 3.000 lei per month. The bill is part of the package of measures “support for Romania” presented by coalition leaders on Monday and goes for ...

USDA expects Romania's corn output 12% above long-term average

Tuesday, April 19, 2022

Romania's corn production is estimated at 13.7 mln tonnes for the marketing year 2021/22, up 0.3 mln or 2% compared to the previous forecast issued last month and 27% above the poor crop in the previous marketing year, when farmers harvested only 8 million tonnes, according to the latest forecast from the US Department of Agriculture (USDA) quoted ...

Agri Ministry will back table grape industry with 3 mln euro

Tuesday, April 19, 2022

Romania will allocate a total of 15 million lei ($3.3 million/3 million euro) in subsidies to stimulate the production of table grapes by self-employed farmers and farming enterprises, the Agriculture Ministry said on Thursday.   To be eligible, farms must have an area of at least 1,000 sq m and up to 10 hectares cultivated with table grape varieties, and must yield at least 6,000 kg of table grapes per ...

Premium News


Friday, July 1, 2022

Financial & Banking

Monday, June 27, 2022


Tuesday, June 28, 2022


Wednesday, June 29, 2022

Energy & Environment

Thursday, June 30, 2022