UK has taken another step towards giving up coal
The closure of the Bradley mine in the north of England marks a new step towards giving up coal in…
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General Interest
The number of vacancies fell to 34,200 in Q2
The number of job vacancies was of 34,200 in the second quarter of 2020 (Q2), down 7,600 from the previous…
MFE invited over 1,100 participants to consultations on the allocation of the 31 bln. euro
The Ministry of European Funds (MFE) has invited over 1,100 participants to transparent public consultations, following which it is decided…
E.ON has become a member of the European Alliance for Clean Hydrogen
Early July, the European Union unveiled its hydrogen strategy. Its aim is to achieve climate targets by expanding its use…
PwC CEO Survey: Four out of five CEOs expect remote working to continue in the long term
Four out of five CEOs expect remote working to become more widespread in their businesses, after finding that their prior…
Foodpanda delivers VIVA products from OMV stations
OMV Petrom, the largest energy company in South-Eastern Europe, and foodpanda, the largest food ordering platform in Romania, have entered…
CEZ Group in Romania supports the Clean Green initiative for a safe start of the school year
More than 2,700 students and teachers from Dolj County will enter the new school year in conditions of hygiene and…
Norway’s sovereign fund lost $21 billion in the first half
Norway’s largest sovereign wealth fund lost $ 21 billion in the first half, as a recent return to the stock…
Green car sales increased in Romania by almost 3.6% by July 31 (APIA)
Romanians bought 3,772 green cars in the first seven months of the year, up 3.57% from the same period in…
Moody’s: Sustainable bond issues, record high at about $100 billion in Q2
Global bond issues totaled $99.9 billion in the second quarter of 2020 (Q2), a quarterly record and a 65% increase…
Adjustment of the economy in the second quarter, the most severe pace since the early 1990s
Statistics show an adjustment of the economy in the second quarter of this year at the most severe pace since…
Romania’s economy contracted by 12.3% in Q2
Romania’s economy recorded a decline of 12.3% in the second quarter of this year (Q2) as compared to the first…
Gov’t approves the budget correction by emergency ordinance
Bogdan Tudorache The government will approve an Emergency Ordinance on Friday, which will bring some necessary changes to implement the…
eMag invests 90 mln. Euro in a “green” logistics center of 130,000 sqm
Online retailer eMag is investing 90 million euro in a new 130,000 sqm logistics center, located at kilometer 19 of…
Foreign direct investment fell to 352 million euro in H1
The direct investments of non-residents in Romania decreased to 352 million euro in the first half of this year (H1),…
PwC: 53% of entrepreneurs in CEE predict revenue declines over the next 12 months and only 7% expect growth
More than half (53%) of Central and Eastern European (CEE) entrepreneurs predict revenue declines over the next year due to…
Alexe: Parliament approves compost law, recycling awareness campaigns to be launched
Parliament recently approved the compost law, so all Romania’s territorial administrative units are required to organize separate collection of the…
Industry revenue fell 14% in the first six months, energy industry – decline of more than 30%
Total industry turnover (internal market and external market), in nominal terms, decreased by 14% in the first six months compared…
Pandemic affected revenues and sales of more than 55% of companies
The pandemic affected revenues and sales of more than 55% of companies, and 39% had to temporarily shut down, Andrei…
Annual inflation rate rose to 2.8% in July
The annual inflation rate rose to 2.8% in July this year, from 2.6% in June, given that food prices rose…
Senate: The Energy Strategy and the PNIESC must be adopted by Parliament
The Senate adopted, on Tuesday, a draft law stipulating that Romania’s Energy Strategy and the Integrated National Plan in the…
BMW Group reaffirms outlook for full year 2020, profit of about 500 mln. EUR for H1
The BMW Group remains on course towards achieving its targets for the full year, says the company. After implementing controlled…
Mercedes-Benz and CATL team up for future battery technology
Mercedes-Benz and CATL (Contemporary Amperex Technology Co., Limited) have entered the next stage of their strategic partnership and will create…