Deloitte: Companies spend less than 5% of their revenue on technology
Companies around the world spend less than 5% of their revenue on technology, including so-called cutting-edge technology organizations that have…
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General Interest
IFC appoints new regional manager for Central and Southeast Europe
The International Finance Corporation (IFC), a member of the World Bank Group, has appointed Ary Naïm as its Regional Manager…
PwC: Romania will have the fastest recovery of car sales in Central Europe, after the decline of 2020
Romania could record the largest decrease in sales of new passenger cars and light commercial vehicle (LCV) in Central Europe…
CFA Romania: Impact of the pandemic to last until next summer
The average exchange rate of the leu for the end of January 2021 is of 4.9 lei/euro and in July…
Exxon Mobil has been replaced in the Dow Jones Stock Exchange by a software company
Oil giant Exxon Mobil, which has been among the top 30 companies in the Dow Jones Industrial Average since 1928,…
Competition Council will publish a blacklist of companies that have been sanctioned for rigging tenders
The Competition Council will publish in the next period a black list of economic operators who have been involved in…
ANRE classifies as confidential over 40 types of documents, data and information
Documents and annexes of the development plans of Transelectrica, Transgaz or those of the distributors, the annual and/or monthly reports…
Emerson increases its investments in Cluj
Emerson, a global technology, engineering and production company based in the USA, is expanding its investments and presence in Cluj-Napoca,…
Budget deficit rose to 4.7% of GDP after the first seven months of 2020
The execution of the general consolidated budget in the first seven months of 2020 registered a deficit of 49.68 billion…
Minister of Economy, about saving COS Targoviste: A scenario is the conversion of debts into shares
The Minister of Economy, Virgil Popescu, said on Tuesday, in Găeşti, Dâmboviţa County, that one of the scenarios considered for…
Accenture: 92% of CEOs will accelerate investment in digital transformation and technologies such as Cloud or Artificial Intelligence
As the impact of COVID-19 is felt more and more, companies are focusing on recovery, but only those that accelerate…
Energy industry calls for fixing ambitious expansion path in reform of Germany’s renewables act
German energy industry association BDEW says a steady expansion of renewable power capacity is necessary for the country to reach…
Germany launches its first green bond issuance
Germany announced on Monday (24 August) details of its first “green” bond placing, tapping financial markets to fund environmental projects…
4 bln. euro for Romania under the SURE Instrument
European Commission has presented to the Council proposals for decisions on granting financial support, amounting to 81.4 billion euros, under…
Private equity funds in Central Europe are at their lowest level
Central European private equity funds have reached the lowest level of confidence since the global financial crisis in the context…
E-Distribuție invests 100 mln. euro in 2020 in modernizing networks in Romania
ENEL’s E-Distribuţie subsidiaries in Romania will invest 483 million lei (approximately 100 million euros), during the current year, in the…
Cîţu: An amount of 10.77 billion lei has been allocated, in addition, to support jobs
The Ministry of Labor and Social Protection received 3.57 billion lei more than the initial budget, and the Unemployment Insurance…
Thunberg, activists tell Merkel during meeting to ”abandon fossil industry contracts”
Greta Thunberg and other youth climate activists have called on Chancellor Angela Merkel to review her government’s treatment of the…
Environment agenda: EU climate talks enter decisive phase
The European Commission will table proposals next month to raise the EU’s climate target for 2030, amid warnings from Eastern…
Erdogan describes as “piracy” the activities of some countries that oppose Turkey’s presence in the Mediterranean
Turkish President Recep Tayyip Erdogan on Wednesday described as “piracy” the activities of some countries that oppose Turkey’s presence in…
Pandemic revived the debate over the four-day work week in Germany
The idea of shortening the working week to four days reappeared in Germany, as a remedy for maintaining jobs during…
Cîţu: At the moment I do not see a need for new issuances on the international markets
Romania will end the year 2020 with a smaller deficit than the European Union countries and will be the country…
Bankwatch: Citizens can get involved in the management of European funds for environmental protection
Stakeholders, trade unions, employers and non-governmental organizations can get involved in better management of European funds in the period 2021-2027,…