Loading page...

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

Subscribe|Login

Daily

President Iohannis, in telephone conversation with Zelenskyy, discusses security at Black Sea

Wednesday, May 22, 2024

President Klaus Iohannis had a telephone conversation on Tuesday with his Ukrainian counterpart, Volodymyr Zelenskyy, about the upcoming NATO Summit and security consolidation at the Black Sea."I just had a comprehensive telephone discussion with @ZelenskyyUa, focusing on our continued support for Ukraine, priorities for the upcoming #NATO Summit & consolidation of the overall security in the #BlackSea. Also expressed our commitment to Ukraine ...

Premier Ciolacu, welcomed by president Erdogan at Presidential Palace in Ankara

Wednesday, May 22, 2024

 Prime minister Marcel Ciolacu was received on Tuesday at the Presidential Palace in Ankara by president Recep Tayyip Erdogan, during his official visit to Turkey.The Turkish president welcomed the Romanian prime minister within a military ceremony with the guard of honour and the singing of the state anthems of Romania and Turkey. Also, 21 volleys of cannon were fired during the ceremony.The two high dignitaries ...

PM Ciolacu: First joint meeting of Romania's and Turkey's gov'ts to bring our states closer

Wednesday, May 22, 2024

The first joint meeting of the Governments of Romania and Turkey represents a big step forward, a step that will bring the two states even closer strategically, economically and socially, said prime minister Marcel Ciolacu."With certainty, today we are witnessing the most important moment in the relationship between Romania and Turkey since the establishment of the Strategic Partnership between our countries in 2011. And I say this because by formalizing the ...

President Erdogan : Our goal is to reach USD 15 billion in trade volume

Wednesday, May 22, 2024

   The total volume of Romanian-Turkish trade reached 10 billion US dollars in two consecutive years and that the objective is 15 billion US dollars, the Turkish President Recep Tayyip Erdogan said at a joint press conference held alongside prime minister Marcel Ciolacu, on a one-day official visit to Ankara.The Turkish leader stressed that economic ties are the "locomotive" of bilateral relations.Approximately 19,000 Turkish ...

Romania - Turkey bilateral documents signed in Ankara 

Wednesday, May 22, 2024

Several bilateral documents were signed at the end of today's joint meeting of the Romanian and Turkish governments held in Ankara, in the presence of Prime Minister Marcel Ciolacu and President Recep Tayyip Erdogan:- Agreement between the Government of Romania and the Government of the Republic of Turkey on gainful activities of family members of members of diplomatic missions and consular posts;- Agreement between the Government of Romania and ...

Romania wants closer cooperation with Turkey in defense and energy

Wednesday, May 22, 2024

 Romania wants closer cooperation with Turkey in two areas that it considers strategic, the defense industry and energy, declared prime minister Marcel Ciolacu.The Bucharest Executive head delivered, on Tuesday, joint statements with the Turkish president Recep Tayyip Erdogan, at the end of the official meeting that took place at the Presidential Palace in Ankara."In particular, I would like to mention two areas of major interest for ...

Black Sea demining action to be carried out jointly with Romania, Turkey & Bulgaria naval forces

Wednesday, May 22, 2024

The mine clearance action in the Black Sea, carried out jointly by the naval forces of Romania, Turkey and Bulgaria, will be operationalized shortly, the Romanian prime minister Marcel Ciolacu said Tuesday, in a joint statement delivered alongside Turkish president Recep Tayyip Erdogan at the end of official meetings held at the Presidential Palace in Ankara."Both Romania and Turkey have significant investments in energy in the Black Sea. That is why it is ...

Ciolacu: There is long-standing relationship between Turkish Romanian secret services in terms of combating terrorism

Wednesday, May 22, 2024

  Prime Minister Marcel Ciolacu declared on Tuesday that there has been a long-standing relationship between the Turkish and Romanian secret services regarding the fight against terrorism."Romania and Turkey are not competitors. They are two complementary states, in both fields: the aid to Ukraine and, for example, the demining project, which will start working very soon, between Turkey, Romania and Bulgaria, so important for the Black Sea, in ...

Erdogan: Responsibilities of international community are obvious in terms of secure future for our Palestinian brothers

Wednesday, May 22, 2024

     The President of the Republic of Turkey, Recep Tayyip Erdogan, addressed the situation in the Gaza Strip in discussions with Prime Minister Marcel Ciolacu, emphasizing the responsibilities of the international community in terms of a "secure future" for Palestinians.The clarifications were made during a joint press conference held together with Marcel Ciolacu, who is on an official visit, at the invitation ...

Romanian citizens to be able to travel to Turkey with their identity cards

Wednesday, May 22, 2024

Romanian citizens will be able to travel to Turkey only with their identity cards for a maximum period of 90 days, according to a decree signed by President of the Republic of Turkey Recep Tayyip Erdogan.According to the presidential decree published on Tuesday in the Turkish Official Journal, Romanian citizens holding identity cards will be granted visa exemption for tourist travel and transit permits in Turkey for a maximum stay of 90 days every 180 ...

Daianu:Big problem this year is to keep spending under control

Wednesday, May 22, 2024

The big problem this year is to keep budget expenditures under control, says Fiscal Council chairman Daniel Daianu, who also mentioned that last year's budget execution in the first months shows last year's postponements to reduce the deficit."We have some gains in revenues, even tax revenues, but expenses are not kept under control," Daniel Daianu said on Tuesday at the "Financial and banking market" conference, organized by Bursa ...

Ministry of Finance borrows 75 million RON from banks on Tuesday

Wednesday, May 22, 2024

  The Ministry of Finance borrowed 75 million RON from the commercial banks, on Tuesday, in addition to Monday's auction, when it borrowed 539.5 million RON through a benchmark state bond issue with a residual maturity of 36 months, at an average return of 6.28% per year.The nominal value of the additional issue was 75 million RON, and the banks submitted offers worth 125 million RON.The Ministry of Finance has planned, in May 2024, ...

Additional berth for Ukranian cereals in Constanta port

Wednesday, May 22, 2024

Constanta port will equip an additional berth for Ukrainian cereals, according to a message posted by Ukrainian Danube Shipping Company (UDP) in its Telegram account, Interfax informs.   “Our Romanian colleagues announced the completion of the tender for equipping the berth on the occasion of a trilateral meeting,” UDP ...

EUR 1 bn worth of investments in fundamental research planned for 2024 - 2026

Wednesday, May 22, 2024

Minister of Research, Innovation and Digital Transformation Bogdan Ivan declared on Tuesday that EUR 1 billion worth of investments in fundamental research are planned for the period 2024 - 2026."In terms of financial resources, we have opened or are preparing 14 major lines of financing for fundamental research, but also for technological transfer to the market, totaling approximately EUR 1 billion in multi-annual programs starting from 2024 until 2026," ...

Draft on minimum wage stipulates no salary cuts

Wednesday, May 22, 2024

The draft minimum wage stipulates that there will be no salary cuts and the formula to be established will take into account, among other things, the level of average gross salary earnings and labour productivity, according to Secretary of State with the Ministry of Labour Cristian Vasilcoiu.The Ministry of Labour and Social Solidarity organised, on Monday, at the headquarters of the Directorate for Social Dialogue, consultations with social partners to ...

Q1 job vacancies number stands at 35,000

Wednesday, May 22, 2024

The number of job vacancies stood at 35,000 in the first three months of 2024, an increase of 1,700 compared to the previous quarter, but compared to the same period last year, it decreased by 12,100, according to data the National Institute of Statistics (INS) released on Tuesday.According to the source, the vacancy rate decreased by 0.24 percentage points compared to the first three months of 2023. For the first quarter of 2024, the estimated job vacancy ...

PM Ciolacu starts today an official visit to Turkey

Tuesday, May 21, 2024

Prime Minister Marcel Ciolacu, accompanied by a delegation of ministers, starts today an official visit to Ankara at the invitation of Republic of Turkey President Recep Tayyip Erdogan.According to a Government press release, the official visit is a key moment since the establishment of the Strategic Partnership between Romania and Turkey, in December 2011, by making operational the High Level Strategic Cooperation Council, the equivalent of joint ...

Romania reaffirms its commitment to support Ukraine's sovereignty

Tuesday, May 21, 2024

  Minister of National Defence Angel Tilvar and Chief of Defense Staff, General Gheorghita Vlad participated on Monday via video call in the fifth meeting this year of the Ukraine Contact Group, where Romania reaffirmed its unwavering commitment to supporting the sovereignty and territorial integrity of the neighboring state, as well as to participating in various training missions, the National Defence Ministry said in a release.The purpose of the meeting was ...

Romanian F-16 pilots practice air refueling under partnership with US

Tuesday, May 21, 2024

 Romanian F-16 pilots practiced day and night air refueling through the Alabama National Guard and Romania partnership program, the Air Force said.According to the quoted source, the exercise took place from May 13-17, when a KC-135 Stratotanker aircraft belonging to the 117th Air Refueling Wing, along with logistics crews, maintenance mechanics and assistance, were in Romania for joint operations with the Romanian Air Force."This joint training mission is ...

Defence Ministry runs new volunteer reservists recruitment campaign

Tuesday, May 21, 2024

The National Defence Ministry announced on Monday that it is organizing between May 20 and June 27 a new recruitment and selection campaign to fill 4,936 volunteer reservist positions - officers, military foremen, non-commissioned officers, privates and higher-ranked servicemen - in military units throughout the country."Potential applicants can inquire about the stages of the recruitment and selection process, the structures designated to conduct the selection, the ...

Premium News

Daily

Wednesday, May 22, 2024

Financial & Banking

Monday, May 20, 2024

Economic

Tuesday, May 21, 2024

Companies

Wednesday, May 22, 2024

Energy & Environment

Thursday, May 16, 2024