Global automakers spearhead $300 billion global drive to electrify cars
Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10…
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General Interest
U.S. LNG producers face risk unless trade war resolved: energy group
The nascent U.S. liquefied natural gas export industry has been particularly vulnerable to the U.S.-China trade war, the head of…
World Bank cut the economic growth prospects for Romania in 2019 amid ‘darkening skies’ for global economy
In its annual assessment of global prospects the World Bank predicts continued, though somewhat slower, growth this year and next.…
EU leaders come to Bucharest for the official launch of the Romanian 6 months Presidency of the Council of the EU
President Jean-Claude Juncker and the College of Commissioners will be in Bucharest on 10-11 January, for the official launch of…
Tesla CEO Musk breaks ground at Shanghai Gigafactory to launch China push
Tesla Inc (TSLA.O) broke ground on Monday for its Shanghai Gigafactory where it plans to begin making its Model 3…
5 Trends for 2019 in Energy and Connected Industries (ZF)
In a synthetic article trying to anticipate the main directions in 2019, Ziarul Financiar includes 5 trends in the energy…
The GEO still not published on the Official Gazette; ANRE doubles to 0.2% the contribution from licensed companies
UPDATE GEO 114/2018 was published in the Official Gazette from December 29th. Initial article The GEO to increase taxation in several economic…
Romanian company Dedeman bought 23% of ALRO Slatina
Romanian company Dedeman, owned by the Pavăl brothers, bought 23.26% of ALRO, through Pavăl Holding, in a private placement initiated…
The GEO on fiscal measures is to be adopted in the Government meeting today
In spite all the critical public evaluations in the past 48 hours, PSD President Liviu Dragnea announced that the emergency…
Financial Times: Romania shocks investors with bank and energy tax plans
Romania’s government announced a swath of corporate taxes as part of a plan to raise 10 billion lei (€2.1bn) to…
ABB announces changes in business model
ABB has announced major changes to its business model. First, Hitachi will acquire ABB’s Power Grids business, an expansion of…
Proposed fiscal measures are a ticking bomb for the Romanian economy
Fondul Proprietatea is highly concerned by the draft Government Emergency Ordinance (GEO) regarding fiscal and budgetary measures, published on 18…
