Deloitte: 2020, a difficult year for the M&A market
The mergers and acquisitions market (M&A) recorded 19 transactions in Romania in the first quarter of the year, four more…
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General Interest
Ford Romania launches the door-to-door auto repair service
Ford Romania launches the “Door-to-door” auto repair service, within the campaign #Stayathome, through which the company takes over the cars…
Ebury Romania facilitates the purchase of medical equipment necessary for Covid prevention and treatment
Ebury Romania, a personalized exchange and financing exchange services company, announces the possibility of acquiring, by companies and NGOs, the…
Dănescu (ARB): We will have two major elements to overcome, liquidity and prudent approach
Two major elements will have to be overcome in the current crisis, namely liquidity, meaning the resource existing in the…
Romania, among the EU countries with the lowest unemployment rate, in February
The unemployment rate in the European Union was of 6.5% in February, stable compared to the previous month and decreasing…
Mugur Isărescu: The peak of tensions generated by the COVID-19 crisis in the monetary, banking and financial field has been overcome
Bogdan Tudorache The peak of tensions generated by the COVID-19 crisis in the monetary, banking and financial field has been…
The investment fund of Abris Capital buys Eltex Recycling
The private equity fund managed by Abris Capital has acquired Eltex Recycling, a company active in the field of waste…
Romanian banks: A general loan moratorium could weaken system
Romanian banks are determined to help local borrowers hit by the coronavirus crisis to cope with their loan repayments, but…
PwC: 37% of businesses have fully or partially interrupted activity, 27% will apply for technical unemployment
About 37% of companies surveyed have fully or partially interrupted their operations after declaring the state of emergency due to…
E.ON contributes an additional 500,000 lei to efforts to combat the pandemic
E.ON companies in the fields of electricity distribution and supply and natural gas will contribute another 500,000 lei to the…
We released the 26th issue of the Energynomics Magazine – fully accessible online!
The 26th edition of Energynomics Magazine was launched on Tuesday, March 31st; it is fully and freely accessible like all the other…
Alexe: Instead of recycling more than 50% of waste, the target for 2020, we are throwing to landfill 85%
Romania throws at the garbage dump 85% of what is collected from the population instead of recycling over 50% of…
Hidroelectrica sponsors seven hospitals in Romania by more than 10 million lei
The shareholders of Hidroelectrica approved today, March 30, in an extraordinary meeting, the sponsorship of a number of seven medical…
Capping in energy means chaos, might lead to price increases and shortages
The prices for electricity and heat, gas, water and fuel have been capped during the state of emergency, through the…
ALRO Group recorded a loss of 67 million lei in 2019, delaying investments
Bogdan Tudorache ALRO Group registered a turnover of RON 2.78 billion, slightly lower compared to the similar period of 2018,…
Electrica donates 240,000 euro to medical units
The Electrica Group, through its electricity supply, service and distribution companies, supports the remarkable effort of the medical staff against…
Enel donates another 100,000 euro for medical materials and equipment in fighting COVID-19
Enel supply and distribution companies in Romania, who stand by their commitment for the communities they serve, are joining the…
Volkswagen confirms summer launch for ID.3, says it will cost less than gas/diesel models
Volkswagen issued a press release focusing on the upcoming launch of its ID.3 electric car. It confirms that deliveries of…
EU sticks to carbon reporting deadlines, rejects industry calls
An EU-wide April 30 deadline for firms to surrender emissions trading system (ETS) carbon allowances will stand, the European Commission…
Poland says virus fallout makes it ”even more difficult” to hit EU climate goals
Poland, which relies heavily on coal-fired power stations, will find it even tougher to achieve the European Union’s climate goals…
CIECH Soda Romania enters extended stand-by
Bogdan Tudorache The global situation triggered by the coronavirus pandemic delays the opening of CIECH Soda Romania, which has decided…
After BRD, BCR also reduces growth forecast for this year to -4.7%
After BRD noted in a report that this year the economy will contract with 3.9% in the basic scenario and…
INS: SME managers expect to reduce activity by at least 50%
Small and medium-sized businesses will be most affected by the coronavirus pandemic, and their managers have estimated as the main…