Banks are increasingly moving towards the idea of sustainable financing
Large energy companies, including from the oil and gas industry, are reorienting themselves to energy production from unconventional sources. Even…
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General Interest
Valentin Tătaru, ING: We anticipate a 6.6% contraction in GDP for the current year
If in Italy the activity decreased to 58%, in France, to 65%, in Romania the economic activity is somewhere between…
Energy companies, forced to make investments to relaunch economy after health crisis – Minister’s order
Each energy company under the authority of the Ministry of Economy, Energy and Business will be obliged to adopt until…
Finland lifts COVID-19 lockdown in region around Helsinki
Finland lift roadblocks in the region around its capital, Helsinki, on Wednesday (Apr 15), Prime Minister Sanna Marin said, in…
‘Green recovery alliance’ launched in European Parliament
An informal alliance has been launched in the European Parliament on the back of calls from 12 EU environment ministers…
The Price Monitor application has been improved
The application of the Food Products Price Monitor has been updated so that consumers can compare the price charged by…
INS: The share of economic agents whose activity is reduced by more than 25% rose in April to 45%
The share of economic agents whose activity is reduced by more than 25% increases from 33.3% in March 2020 to…
EY: More than half of business leaders believe that the recovery period will extend to 2021
Nearly three-quarters (73%) of global executives estimate that the COVID-19 pandemic will have a strong impact on the economy, and…
Enel X and HERE Technologies launch “City Analytics – Mobility Map” to support government agencies
To support the response to the COVID-19 emergency, Enel X, the innovative global business line of the Enel Group, and…
The Export Promotion Program will be reformulated
The Export Promotion Program will be analyzed, rethought and adapted to the new conditions, said Virgil Popescu, Minister of Economy,…
More Germans dissatisfied with energy transition’s implementation – survey
A vast majority of Germans continue to support the energy transition in principle but there is growing frustration about its…
Electrica’s objective is a balanced portfolio including renewables
Undergoing an ambitious process of internal transformation, Electrica group is facing this year rather unclear market conditions after the legislative…
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…
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…