Romania received the first tranche of PNRR, worth almost 1.9 bln. euro
On Thursday, Romania received the first tranche of the National Recovery and Resilience Plan (PNRR), amounting to 1.851 billion euro,…
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Economics&Markets
EU announces a 300 bln. euro global infrastructure investment plan
European Commission and the High Representative of the Union for Foreign Affairs and Security Policy launched the Global Gateway on…
Multinationals expect a tax increase due to Covid-19 pandemic effects
More than half of companies worldwide (58%) expect a tightening of taxation in countries where parent companies are tax-resident as…
Vîlceanu: PNRR money, an advance of 3.9 bln. euro, will come in December
The money from Romania’s National Recovery and Resilience Plan (PNRR), an advance of 3.9 billion euro, will come in December,…
Romanian FDI more than tripled – 5.3 bln. euro at nine months
Foreign direct investment reached 5.279 billion euro in the first nine months, compared to 1.677 billion euros in the same…
AHK Business Outlook: The current situation of companies is good, but the prospects remain marked by uncertainty
The challenges for companies are still numerous after almost two years of pandemic, but the current situation of companies has…
Romania’s energy consumption increased by 5.6% in the first nine months, in line with the economy
The country’s national electricity consumption was 5.6% higher in the first nine months of the year, compared to the same…
Gov’t approves the first documents needed to start the PNRR
Romanian government approved in Wednesday’s meeting the first two documents for starting Romania’s National Recovery and Resilience Program. According to…
BNR: The annual inflation rate will continue to rise
The annual inflation rate is expected to extend its upward trend until the middle of next year, implicitly rising above…
EBRD improved its forecasts for the Romanian economic growth in 2021 to 7.2%
The European Bank for Reconstruction and Development (EBRD) has significantly improved its estimates on Romania’s economic evolution in 2021, forecasting…
BNR: Part of the Romanian companies are at risk, as a result of changes in the green agenda
Part of the Romanian companies are at risk, on the chain of changes in the green agenda, and they generate…
EU Council approved the PNRR, the first money will come in December
Council of the European Union approved the National Recovery and Resilience Plans (PNRR) for Romania and two other countries. It…
Andrei Botiș: The RoGBC standard includes a decrease of the total cost below that of a conventional property
The certification system offered by the Romanian Green Building Council (RoGBC) includes a decrease of the total cost below that…
WB: Romanian economy would register an advance of 7.3% this year
Romanian economy would register an advance of 7.3% this year, after a contraction of 3.9% in 2020, while in 2022…
Tanczos Barna: We have a huge opportunity to fund digitization projects through PNRR
Romania has a huge opportunity to finance digitalization projects through PNRR, having at its disposal 1.9 billion euro, said on…
AmCham: PNRR, Romania’s chance for modernization, the responsibility and maturity test for the political class
European Commission approved Romania’s National Recovery and Resilience Plan (PNRR), a moment we have been looking forward to and which…
EC approved Romania’s Recovery and Resilience Plan, worth 29 bln. euro
The European Commission adopted, on Monday, a positive evaluation of Romania’s Recovery and Resilience Plan, which will thus be able…
Costin, NBS: The increase of the minimum wage by 8%, insignificant compared to the increase in energy prices
The proposal of the head of the Government to increase the minimum gross salary by 8% would have an insignificant…
WWF: PNRR is a unique opportunity for a climate neutral economy by 2050
The National Recovery and Resilience Plan (PNRR) represents a unique opportunity for Romania to develop and achieve a climate-neutral economy…
EBRD has invested 127 mln. euro in Romania since the beginning of the year
EBRD has signed investment projects worth a total of 127 million euro in Romania since the beginning of the year,…
CDR: Romania needs to focus on long-term goals
The Coalition for the Development of Romania (CDR), the most important platform of the Romanian business environment, considers that the…
Romanian FDI reached 3.9 bln. euro, up 224%
Foreign direct investment reached 3.962 billion euro in the first seven months, compared to 1.222 billion euro in the same…
Concordia: Business community is urging parties to end the political crisis as soon as possible
The members of the Concordia Employers’ Confederation express their hope that the moment of political crisis that Romania is going…