EPG: Emergency short-term solutions should be combined with measures for a smooth and sustainable post-crisis recovery
EPG pleads for the need of an economic recovery plan as response to the Covid-19 crisis, especially in Romania and…
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General Interest
Andrei Căvescu, AON Romania: The new risks are now insurable too
The legislative risk is among the biggest risks that may lead to financial risks, according to the Global Risk Management…
INS: The turnover in the industry increased by 4.3% in the first two months
Industry business increased by 4.3% in the first two months of 2020, compared to the same period last year, following…
The current account deficit increased by 84% in the first two months of 2020
The deficit of the current account of the balance of payments increased by 84.65% in the first two months of…
Foreign direct investment decreased by over 70% in the first two months of 2020
Foreign direct investments fell by 70.86% in the first two months of this year, to 409 million euro, compared with…
Electrica Furnizare grants a sponsorship worth 30,000 euro to the County Emergency Hospital Drobeta-Turnu Severin
Electrica Furnizare grants a sponsorship worth 30,000 euro to the Drobeta-Turnu Severin County Emergency Hospital, for the purchase of medical…
IMF predicts that Romania’s economy will shrink by 5% in 2020
The International Monetary Fund (IMF) has revised significantly the estimates of the evolution of the Romanian economy this year, in…
CEZ: Basic food for 1,750 vulnerable elderly during the Easter season
This year, approaching gestures, visits and time spent with seniors should be replaced with responsible actions designed to protect and…
CEZ donates about 800,000 lei to the local community
CEZ feeds its #energiepentrubine network, actively engaging in the fight against COVID-19, with donations of medical equipment and food to…
ENGIE Romania supports vulnerable people with free home repairs services
In the context of the COVID-19 pandemic, ENGIE Romania supports vulnerable people over the age of 65, from Bucharest, who…
EC approves a 3.3 bln. euro aid scheme for Romania, aimed at supporting SMEs
The European Commission approved on Saturday an aid scheme for Romania worth 16 billion lei (about 3.3 billion euro), aimed…
More than 1.04 million labor contracts have been suspended since the declaration of state of emergency
A number of 1,046,527 individual employment contracts have been suspended since the entry into force of the state of emergency…
Aid package for SMEs worth 750 mln. euro
Romania discusses in Brussels a package of direct support for SMEs worth 750 million euro, says Minister of Economy, Energy…
French investors in Romania predict a limited impact of the crisis on turnover
The member companies of the French Chamber of Commerce, Industry and Agriculture in Romania perceive a limited impact of the…
Virgil Popescu: The economy has a contraction of 30-40%
The economy has a contraction of between 30 and 40%, and after the peak of the epidemic has been reached…
OMV and Mastercard support five hospitals in Romania with food
OMV Petrom, the largest energy company in South-East Europe, continues to support the efforts of healthcare professionals in the fight…
EximBank launches a new insurance product for exporters in the context of the COVID-19 pandemic
EximBank launches a new short-term insurance product for the Romanian exporters on behalf of the Romanian state, which allows the…
Michelin gradually resumes production at the metal cord factory in Zalău
The tire manufacturer Michelin is progressively resuming production at the metal cord factory in Zalău, the tire factory in the…
Over 150,000 individuals and about 10,000 companies requested to defer the payment of the loan rates
Over 150,000 individuals and about 10,000 companies have so far requested to defer the payment of credit rates, the deadline…
Rompetrol continues to support the fight against covid-19 pandemic, through a partnership with Romanian Red Cross
KMG International, under Rompetrol brand, concluded a partnership with the National Society for Red Cross Romania to buy a mobile…
The annual inflation rate remained at 3% in March
The annual rate of inflation remained at 3% in March of this year, given that food commodities increased by 5.11%,…
The SME aid scheme should become operational next week
The aid scheme for SMEs should become operational next week, with banks having time until Monday to register, said Finance…
Foreign retailers continue to invest the 1 billion euro scheduled for 2020
Large stores such as Kaufland, Lidl, Profi, Mega Image and Penny Market are moving ahead with planned investments for 2020…