NBR: The worsening of the pandemic situation in the cold season may affect the evolution of the economy in Q4
The worsening of the pandemic situation with the onset of the cold season is expected to lead to the reintroduction…
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General Interest
NBR expects an inflation of 2.7% at the end of this year and 2.5% at the end of 2021
The annual CPI inflation rate for the end of this year and next is forecast at 2.7% and 2.5%, respectively,…
Germany’s CDU Economic Council rejects ECB role in climate action
The German business association CDU Economic Council, associated with Angela Merkel’s Christian Democratic Union (CDU) party, opposes plans by the…
H. Adrian (Holcim): Green Deal means huge investment needs for cement plants
Holcim maintained its activity in Romania with no incidents caused by Covid-19. “During this period, our first concern was the…
Romania must pay OMV damages worth 287 million lei
The Arbitral Tribunal issued on July 9, 2020 the final decision in the arbitration initiated by OMV Aktiengesellschaft (OMV AG)…
Seasonally adjusted unemployment rate – 5.2% in June
The seasonally adjusted unemployment rate remained at 5.2% in June this year, a level similar to that recorded in the…
Steven van Groningen: Romania is a country of contrasts when it comes to digitalization
Romania is a country of contrasts when we talk about digitalization, and at the moment I live in two Romanians:…
Insolvencies fell by 26.16% in the first half
The number of companies and authorized individuals in insolvency decreased by 26.16% in the first six months of 2020, compared…
Elon Musk claims to be open to supplying batteries to other carmakers
Tesla Inc. CEO Elon Musk has announced that the US company is open to licensing software and supplying batteries and…
The role of bilateral long term power purchase agreements
The last years brought into the energy sector a debate around the reconfiguration of the energy mix, in the context…
PwC Top 100: Strong recovery in market value in the second quarter after the decline caused by the pandemic outbreak
The market capitalisation of the 100 largest listed companies in the world recovered strongly in the second quarter, recovering almost…
OMV Petrom becomes the first company in Romania to support the TCFD recommendations
OMV Petrom announces its support for the recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD) on climate…
Bankwatch: Decarbonisation must be supported by ambitious funding programs and targets
Bogdan Tudorache Romania needs an integrated plan to use European funds from 2021-2027 to reduce greenhouse gas emissions, while ensuring…
Cîţu: I guarantee that we will not ask for help from the IMF in 2020
Romania will not ask for help from the International Monetary Fund in 2020, said the Minister of Public Finances, Florin…
Cîţu: All state-owned companies will receive a notification to comply with GEO 109
The Ministry of Public Finance will send a notification to the state companies in order to comply with Ordinance 109/2011…
PwC: The energy demand shock of 2020 is the largest in the last 70 years
In recent months, the energy sector has suffered a double shock: due to the COVID-19 pandemic and the disruption of…
TeraPlast sells Steel division, announces 49% EBITDA increase in H1
TeraPlast Group, the largest Romanian manufacturer of construction materials, announces a 17% increase in turnover in the first half (S1)…
Vivian Nicoli resigns as member of the board of nominees of Fondul Proprietatea
Vivian Nicoli has resigned from her positions held within the Fondul Proprietatea’s Board of Nominees and Consultative Committees due to…
Alexe: Romania will have 24 billion euro for green projects
Romania will have at its disposal 24 billion euro for green projects, out of the total of almost 80 billion…
Markit: Economic activity in the euro area returned to growth in July
Economic activity in the eurozone returned to growth in July after easing restrictions to stop the spread of the coronavirus…
Bulgaria has met 87.6% of its national energy savings target
As a result of the implementation of energy saving measures in all sectors of the economy, as well as the…
Minister of European Funds: We need to power up the engines on the capacity to implement projects
Romania has a not-so-happy history in terms of usage of European funds and, given the amount we have obtained in…
We released the 27th issue of the Energynomics Magazine – once again fully accessible online!
The 27th edition of Energynomics Magazine was launched on Thursday, July 23rd; it is fully and freely accessible like all the other…