Kurzarbeit model, discussed with employers and unions
The Kurzarbeit model (flexible work) was discussed with employers and unions, but was also presented to the Prime Minister and…
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General Interest
Minister of Environment will sign, on behalf of Romania, the Declaration on the use of the European Green Deal
The Minister of Environment, Waters and Forests, Costel Alexe, will sign, on behalf of Romania, the Declaration on the use…
Vlăsceanu (ACUE): We must rethink and create a viable industrialization strategy for Romania
The Government and the Parliament, regardless of the political color, must shake hands, and together with the energy sector to…
Steven Van Groningen: The forecast 6% GDP contraction is quite strong
The contraction of Romania’s Gross Domestic Product by 6%, estimated for this year, is quite strong, but we hope it…
Johan Gabriels, Ebury: We will enter soon the lending segment
Ebury came in the Romanian market two years ago, operating international money transfers and FOREX risk management. Now they are…
Foreign direct investment amounted to a negative net value of 551 mln. euros in Q1
Foreign direct investments amounted to a negative net value of 551 million euros in the first three months (Q1), compared…
EC asks Romania to take measures for the development of an IT system for monitoring the circulation of excisable products
The European Commission decided on Thursday to send a reasoned opinion to the Romanian authorities because the latter failed to…
Mastercard and Enel X to establish fintech-cyber innovation lab in Israel
Mastercard and Enel X are launching a new lab in Israel to advance innovations in financial technology and cybersecurity for…
Environmental NGOs are proposing to the government to adopt a 100% green energy target by 2040
Bogdan Tudorache Environmental organizations have launched a new petition for public debate, entitled “Tomorrow is decided today.” The document consulted…
The number of employment contracts terminated since the establishment of the state of emergency is approaching 350,000
The number of employment contracts terminated since the establishment of the state of emergency (March 16) registered a new maximum…
The annual inflation rate fell to 2.7% in April
The annual inflation rate fell to 2.7% in April this year, from 3% in March, even if food prices rose…
CEZ Vânzare recommends its customers to use online channels for the relationship with the supplier
In the current epidemiological context, the supplier CEZ Vânzare recommends its customers to use online channels for the relationship with…
Foreign Investors Council donated 700,000 lei to the Romanian Red Cross
The Foreign Investors Council supports the Romanian Red Cross in the fight against the Covid-19 pandemic and donated 700,000 lei,…
Getica 95 will distribute protective masks to the population of Rm. Sărat
Starting Wednesday, the inhabitants of Rm. Sărat will receive an additional 59,000 masks as a donation from the company Getica…
Financiers join EU “green recovery alliance”
More than 50 CEOs from the banking and insurance sector – including household names such as BNP Paribas, AXA, Allianz,…
BVB recovered 4.63% in April, posting the highest monthly growth rate
The companies listed on the Bucharest Stock Exchange (BVB), included in the BET index, registered an increase of 4.63% in…
INS: Decrease by 2.4% of primary energy resources in the first quarter
Primary energy resources decreased by 2.4% in the first quarter of the year, compared to the same period in 2019,…
CFA anticipates an economic impact of the crisis up to Q1 2021
More than a third of CFA Romania analysts anticipate that the economic impact of coronavirus will be felt strongly by…
Members of Germany’s ruling parties call for rapid increase in green hydrogen production
German Research minister Anja Karliczek, a member of Chancellor Angela Merkel’s conservative CDU party, is pushing for a prompt government…
EU decides: No green strings attached on cash to virus-hit firms
Large companies receiving emergency cash during the COVID-19 crisis will have to report on how they use taxpayer money but…
EU: Hydrogen will be the ”central element” to energy system integration
Hydrogen will be a “central element” in the Energy System Integration Strategy that the European Commission will present in June,…
Romania’s GDP, higher in 2019 than that of the Czech Republic or Portugal
According to Eurostat, Romania’s Gross Domestic Product in 2019 was of about 223 billion euros in current prices, above that…
Gov’t approved the fiscal amnesty proposed by the Ministry of Finance
The government has approved the tax amnesty proposed by the Ministry of Finance for interest, penalties and other accessories due…