Camelia Rață: The Tomorrow project prepares Brasov for sustainable and green development
ABMEE was set up in 2003, through a partnership between Brasov Municipality and the European Commission, the General Directorate for…
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Economics&Markets
CDR: Kurzarbeit will bring a breath of fresh air to the economy
Kurzarbeit or the flexibility of the work regime, requested for eight months by the business environment and promulgated by the…
World Bank has improved its estimates on the evolution of Romania’s economy in 2021
The Romanian economy would register an advance of 4.3% this year, after a contraction estimated at 3.9% in 2020, and…
M&A market in Romania decreased by 27% in 2020
The value of transactions registered in Romania, during 2020, decreased by 27% compared to 2019, to 1.7 billion euro, reveals…
German Constitutional Court blocks the EU’s 750 bln. euro recovery fund
German Constitutional Court has blocked the 750 billion euro coronavirus recovery fund, also known as Next Generation EU. In a…
Niculae Havrileț: The Modernization Fund has attracted more than 600 proposals, totalling 19 billion euros
Interest in the Modernization Fund has resulted in over 600 proposals totalling 19 billion euros, said Niculae Havrileț, State Secretary…
Dominic Fritz: Timisoara will become a truly European city
Timisoara “has a lot to catch-up and it is still far from its true potential; but with work, perseverance, patience…
Mihai Daraban: We rely on the authorities’ inspiration to leverage European funds
2021 could be the year of Romania’s economic recovery, not only following the fall in 2020 caused by the Covid-19…
Anca Dragu: This year’s budget deficit is decent, considering the times we are in
This year’s budget has a decent deficit for the times we are in, it ensures strong investments for the recovery…
About 42% of CFA members expect the economy to grow by more than 4% this year
About 42% of CFA members expect the economy to grow by more than 4% this year, above the market average…
EIB report: About two thirds of Romanian companies will invest in climate related projects
Bogdan Tudorache New EIB economic research suggests that business in Romania has became more pessimistic about the short-term outlook, very…
PwC Romania: The first five M&A deals of 2020 came from the energy field
Bogdan Tudorache The 2020 mergers and acquisitions market in Romania decreased by 6% compared to 2019, amid the uncertainties of…
EIB: EUR 809 mln. support for COVID-19 resilience, education, water, energy efficiency and private investment in Romania
Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR 809 million…
Agreement on the Connecting Europe Facility, worth €33.7 billion
The European Parliament and the Council agreed on the Connecting Europe Facility (CEF) proposal, worth €33.7 billion, as part of…
Romanian capital market has grown by 18% in the last 12 months
The BET-TR index, which also includes dividends granted by BET companies listed on the Bucharest Stock Exchange (BVB), increased by…
Romania recorded the highest economic growth in the EU in Q4
Romania’s economy registered an advance of 4.8% in the fourth quarter of last year (Q4), compared to the third quarter,…
More than 80% of entrepreneurs believe that this year will not be favorable for business development
Approximately 16.7% of entrepreneurs believe that this year’s economic environment will be favorable for business development, according to the results…
CONFIDEX study: Small companies, most severely affected by the crisis
Companies with a turnover of less than EUR 100,000 per year have felt more brutally the effects of the pandemic…
FIC: Foreign investment can make a significant contribution to economic recovery
The investments scheduled this year will reach an all-time high, amounting to 61.4 billion lei and can play the role…
CITR: More than 7,000 companies have debts over RON 1 million each
According to CITR, in 2021, companies that want to overcome the crisis and move to the next stage of development…
Cybercrime is a real and present danger for the energy and utilities sector
Most of the times, cyber attackers are part of a business, they are in it for the money they make.…
Digitalization could increase Romania’s GDP by 16.48%
The increase in the degree of digitalization of services and value chains in Europe in the next six years could…
Energy companies should consider the opportunity to buy cyber risk insurance (DigitALL 2021)
Energy companies should look at the opportunity to conclude cyber-risk insurance because cyber-attacks cause more financial damage than nature causes…