Fitch Ratings: Romania Election Does Not Allay Medium-Term Fiscal Uncertainty
12.11.2020
Romania’s general election result points to continued political uncertainty and hence a still-challenging policy-making environment and the need to pass a 2021 budget will be a near-term test of the next administration’s cohesion and an indication of likely fiscal policy settings, Fitch Ratings said
-
EY: Romanians Express Concern Over Future Economic Situation 05.10.2022
Romanians are worried about the future economic situation, therefore, an overwhelming proportion say they intend to save more (68%) and invest in... more
-
Eurobarometer: Most Romanians Say The EU Has Shown Solidarity With Ukraine Since War Started 05.06.2022
Most Romanians believe that since the war started in Ukraine, the EU has shown solidarity (78%) and has been united (70%) and fast (64%) in its... more
-
Oradea Airport To See EUR16.5M Investment In Infrastructure Upgrade Works 04.19.2022
The international airport in Oradea (western Romania) launched in the Electronic Public Procurement System (SEAP) the tender for the development... more
-
Romania To Raise Private Pension Contributions To 4.75% Starting Jan 1, 2024 03.16.2022
Romania will raise contributions to mandatory private pension funds (Pillar II) to reach 4.75% of contributors' gross wage from the current share... more
-
Deloitte: Ukrainian Citizens Benefit From Free Access To Romanian Labor Market 03.10.2022
The Romanian Government has approved a series of derogations from the immigration legislation in order to allow Ukrainian citizens to work in... more
-
U.S. Vice-President Kamala Harris To Visit Romania On March 11 03.09.2022
U.S. vice-president Kamala Harris will come to Romania on Friday (March 11) and will meet with Romanian President Klaus Iohannis at the... more
-
Romania Neither Restricts Nor Bans Grain Exports, Agriculture Minister Says 03.07.2022
Romania will not ban grain exports because there is currently no syncope in the food supply of the population, as there is enough food in the state... more
-
PwC: Inequalities Between Women And Men Widened During Pandemic 03.07.2022
Inequalities between women and men in the labour market have widened during the pandemic, erasing at least two years of progress made over the past... more
-
Deloitte: Temporary Protection Mechanism Activated For Ukrainian Citizens 03.04.2022
The European Commission (EC) decided on Thursday, March 3, 2022, to introduce the temporary protection for the Ukrainian nationals. During the... more
-
Uni Systems Provides IT Jobs To Refugees From Ukraine 03.04.2022
Uni Systems, which offers integrated solutions and IT (information technology) services, on Friday said it is providing assistance for relocation... more
-
President Klaus Iohannis Says EU’s Dependence On Russian Gas Must End 03.03.2022
The European Union's dependence on Russian gas must end and countries must insist more on alternative energy sources, Romania's President Klaus... more
-
European Commission Approves Establishment Of Humanitarian Corridor For Ukraine 03.02.2022
The European Commission (EC) on Wednesday approved the establishment of a humanitarian corridor for Ukraine, an initiative promoted by Romanian MEP... more
-
Deloitte: Residence Conditions And Work Opportunities For Ukrainians In Romania 03.02.2022
The situation created by the conflict in Ukraine has generated a wave of migration to Romania and other European countries, as Ukrainians but also... more
-
Iohannis: Romania To Increase Defense Spending To 2.5% Of GDP In The Current Security Context 03.01.2022
President Klaus Iohannis said on Tuesday, in the context of Russia’s invasion of neighboring Ukraine, that Romania would increase the government... more
-
Raiffeisen Bank Lends EUR20M To Bihor County Council For Road Infrastructure Upgrades 02.23.2022
The Bihor County Council has signed a credit contract of RON100 million (EUR20 million) with lender Raiffeisen Bank, with a 12-year reimbursement... more
-
Bucharest Unemployment Rate At 1.13% In January 2022 02.22.2022
Capital city of Bucharest registered 13,919 jobless people (of whom 7,386 women) at the end of January 2022, taking the unemployment rate to 1.13%,... more
-
Ruling Coalition Leaders Decide On Fuel Excise Duty Cut, Fin Min Says 02.22.2022
Finance minister Adrian Caciu on Tuesday said ruling coalition leaders agreed with his proposal to temporarily reduce the excise tax on fuel by 50%. more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
more
The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
more
One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
more
House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
more
Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
more
Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
more
CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
more
Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
more
Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
moreAnalysis
What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?