Actmedia

In 2016, the European Union (EU) needed to import slightly over half (53.6%) of the energy it consumed. Since 2004, energy dependency in the EU has been above 50% with a highest rate recorded in 2008 (54.5%), Eurostat data show. In 2016, Estonia (6.8%) was the Member State least dependent on ...

President Klaus Iohannis met on Wednesday the management of the National Bank of Romania (BNR), represented by Governor Mugur Isarescu and First Deputy Governor Florin Georgescu, underscoring that the independence of BNR in terms of monetary policy decisions is essential, and both the ...

On an official visit to Israel, Romania's Prime Minister Viorica Dancila had a meeting on Wednesday with her Israeli counterpart Benjamin Netanyahu, who hailed the adoption by Romania's Government of a framework launching the debate on relocating Romania's Embassy from Tel Aviv to Jerusalem.

The consortium led by Spanish company Reganosa, including Romanian state-owned monopoly Transgaz and the European Bank for Reconstruction and Development (EBRD), lost the bid for Greece's grid operator DESFA, Athens accepting a EUR 535 million offer from the rival consortium led by Italy's ...

Romanian natural gas producer Romgaz [BSE:SNG] said on Thursday it will seek its shareholders' approval to withdraw from two blocks in Slovakia and to take over an 8.3% stake in Svidnik block after the withdrawal of JKX Oil&Gas, seenews.com informs. Romgaz will ask its shareholders to approve its ...

According to the the information sent to ACTMedia, E-Distribu?ie Muntenia invested approx. 6 million lei for the modernization of the medium and low voltage networks in Cotroceni area, with the purpose to improve the quality of the electricity distribution service for almost 5,000 customers. Within the ...

Advent International (“Advent”) and Sanofi have entered into exclusive negotiations under which Advent would acquire Zentiva, Sanofi's European generics business for €1,9 billion, a pressrelease sent to ACTMedia informs. Advent's offer is firm, binding and fully financed. Advent is a global investor, with ...

MedLife has completed the acquisition of the 100 percent stake in Polisano medical services division, ranking in top 10 largest medical services providers in Romania, after the acquisition was validated by the Competition Council, as a press release informs, romaniajournal.ro reads. The new structure that ...

Easter is an important celebration in Romania, a time when most people step out of the swift pace of daily commitments and preserve some of the customs associated with this holiday. Below is a list of local destinations that can offer travelers an insight into old local Easter customs but also plenty of sights ...

President Klaus Iohannis met on Tuesday with Prime Minister Viorica Dancila and Labor Minister Lia Olguta Vasilescu, a context in which he warned the Executive that the effects of the public-sector pay legislation are in contradiction with the principles of equality and predictability and required prudence in ...