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…
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General Interest
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…
EU provides financial support of over 15.6 billion euro to partner countries
The European Commission presented plans for a strong and well-targeted response from the European Union to support the efforts of…
Ministry of the Environment: Applications for car subsidy programs are submitted exclusively online
The submission of the funding files for accessing the “Rabla Classic” and “Rabla Plus” programs is done exclusively online, and…
CFA Romania: The economic impact of coronavirus will be strongly felt until Q4
Almost half of CFA Romania’s analysts (48%) anticipate that the economic impact of coronavirus will be strongly felt by the…
Ministry of Labor: More than 1 mln. labor contracts have been suspended since the declaration of state of emergency
A number of 1,030,973 individual employment contracts have been suspended since the entry into force of the state of emergency…
Dacia to progressively resume production from April 21; from May 4th it returns to normal activity
“In accordance with the social partners and out of respect for the protection and safety of the employees, all the…
World Bank forecasts that Romania will register a growth of 0.3% in 2020
The World Bank has revised significantly the estimates of the Romanian economy’s advance this year, up to 0.3%, from 3.8%…
PwC România: BSE lost 34% since the beginning of the year, yields still over T-bonds
Bogdan Tudorache Bucharest Stock Exchange (BSE) lost from the start of the year, since the first news about Coronavirus, 34%…
EDPR will contribute 750,000 euro to the fight against COVID-19
EDP Renováveis, a global leader in the renewable energy sector and one of the world’s top wind energy producers, present…
G20 energy ministers to hold video conference on Friday
Energy ministers from the Group of 20 major economies will convene an extraordinary meeting by video conference on Friday “to…
Businesspersons propose the Government to borrow from IMF for a public intervention of 30 billion euro in the economy
Hundreds of businesspersons in various fields such as IT, health, construction and investment funds propose the Government and the other…
Call for saving the economy from the private environment: An intervention of 15% of GDP is demanded
The largest business organizations in Romania sent an open letter to the President, Parliament and Government, which requires, among other…
The market for new cars decreased by 32% in March
The coronavirus crisis is also seen in the figures for new car registrations, the market falling by 32% in March…
Romania’s GDP increased by 4.1% in 2019, compared to the previous year (INS)
The gross domestic product (GDP) of Romania increased by 4.1% in 2019, up to the value of 1,059 billion lei…
PNL challenged at the CCR the laws regarding the postponement of the utilities payment
The leader of the PNL deputies, Florin Roman, announced, on his Facebook page, that PNL has challenged to the Constitutional…
Rompetrol Bulgaria supports the efforts made by authorities in the fight against COVID-19
KMG International, through its subsidiary Rompetrol Bulgaria, made a donation of 10,000 liters of fuel to all Bulgarian authorities involved…