EXCLUSIVE 44 Romanian multinationals will be affected by the new global minimum corporate tax. What the global corporate tax agreement means for Romania aug. 11 Elena Deacu 0 comentarii
Labour shortage worsening. The government wants to double the number of foreign workers accepted in Romania aug. 10 Carmen Radu 0 comentarii
A Turkish company stops production in Romania. Nearly three quarters of employees laid off aug. 10 Carmen Radu 0 comentarii
Cîțu, after the Central Bank announced that inflation will reach 5.6%: It is an estimate / Romania has more and more high salaries and is becoming a destination for high value-added investments aug. 10 Ionuț Ardeleanu 0 comentarii
Ministry of Finance introduces e-invoicing between companies and public institutions from September aug. 9 Carmen Radu 0 comentarii
Mugur Isărescu: Inflation has reached around 5%. Price increases are significantly higher than previously forecast / Estimate of 5.6% by the end of the year aug. 9 Carmen Radu 0 comentarii
Generation Z more skeptical about organic products due to of prices. Millennials most interested in healthy products aug. 9 Redacția 0 comentarii
Romania’s trade deficit grew by almost two billion euros in the first half of the year aug. 9 Redacția 0 comentarii
Tazz delivery app by eMag launches ‘virtual meeting spaces’ and will be able to deliver to parks or festivals aug. 6 Redacția 0 comentarii
Official: Hidroelectrica puts out to tender audit services for listing on the stock exchange aug. 6 Matei Ionescu 0 comentarii
Gas imports account for 40% of total consumption in Romania, a never before seen situation in the dead of summer. Meanwhile, huge Black Sea gas field reserves remain untapped aug. 6 Matei Ionescu 0 comentarii
IFC invests $10 million in FintechOS, a global technology provider founded in Romania aug. 5 Ionuț Ardeleanu 0 comentarii
Economic picture from the NBR: The recovery from the pandemic crisis is significantly faster than anticipated both externally and domestically. What are the risks and opportunities for Romania? aug. 5 Kristina Reștea 0 comentarii
President Klaus Iohannis on Romania’s Recovery Plan: it will be approved, but “some projects will probably be removed” aug. 4 Redacția 0 comentarii
SURVEY Wages up to 20 percent higher than 2019 in the Hospitality Industry aug. 4 Redacția 0 comentarii
Unemployment rate in Romania reaches 3%, down slightly from the previous month aug. 4 Redacția 0 comentarii
PwC report: mergers and acquisitions of 1.8 billion euros made in Romania in the first half of the year aug. 3 Redacția 0 comentarii
Mobility startup Bolt is expanding into the fast delivery of food market. It has secured €600 million in funding aug. 2 Redacția 0 comentarii
Transport Minister Catalin Drulă promises to sign the contract with Alstom for 20 new trains in two months, with the option of up to 37 additional trainsets. The last new trains at CFR Călători were bought 15 years ago iul. 30 Mădălina Podaru 0 comentarii
Government increases again the number of foreign workers accepted in Romania amid growing pressure on the labour market iul. 30 Carmen Radu 0 comentarii
The pandemic’s deep marks: Insolvencies up 30% in the first half of 2021. Trade, construction and manufacturing hardest hit / Number of active entities hit, highest on record iul. 29 Carmen Radu 0 comentarii
The European Commission approves the acquisition of Telekom Romania by Orange, subject to conditions iul. 29 Carmen Radu 0 comentarii
The accelerated rate of digitalization has forced small Romanian entrepreneurs to invest more and more in digital financial management solutions iul. 28 Carmen Radu 0 comentarii
Bonds of jobs platfrom BestJobs worth more than 3.3 million euros debuted on the stock exchange iul. 28 Carmen Radu 0 comentarii
Hiring intention has dropped to the lowest level in 7 years (report) iul. 27 Ionuț Ardeleanu 0 comentarii
US research institute: A new European law on artificial intelligence could cost the EU $ 31 billion iul. 27 Ionuț Ardeleanu 0 comentarii
Housing market in the second quarter: prices asked by sellers recorded the largest growth since the outbreak of the pandemic (analysis) iul. 26 Kristina Reștea 0 comentarii
What “green solutions” would the mayor Emil Boc want to implement in Cluj-Napoca after visiting a mobility festival iul. 26 Redacția 0 comentarii
PHOTO Alternative vacation solutions: The Via Transilvanica trail, the “Camino de România”, reaches kilometer 1,000th / Images with the dream road that took 1.5 million euros to build so far iul. 24 Kristina Reștea 0 comentarii
Over 870 electric cars registered in Romania in the first semester, an increase of 45% compared to 2020. An increase of over 130% for electric cars in the EU iul. 23 Carmen Radu 0 comentarii
Romania’s aging railway infrastructure requires 5.58 billion lei in the next 5 years for renovation and repair works iul. 23 Redacția 0 comentarii
A Romanian has to work almost 9 years to buy an apartment without taking a loan (NBR report) iul. 23 Redacția 0 comentarii
Bucharest, Timiș and Cluj lead in top of the cities with the highest salaries in Romania. Those with lower salaries are the least interested in finding out the market gains / “In Romania, salaries remain a hot topic, but also a taboo one” iul. 23 Adrian Lambru 0 comentarii
The Ministry of Transport requests a budget amendment of additional 2.9 billion lei for railways, roads and investments in subordinate companies iul. 22 G4Media 0 comentarii
Enel X Romania has signed an agreement with Hubject to expand the infrastructure for recharging electric cars iul. 22 Adrian Lambru 0 comentarii
UiPath wants to make a center of European talent in Bucharest. Daniel Dines: “At least half of the people I grew up with left Romania” / “The title of wealthiest man in Romania created only disadvantages for me” iul. 22 Carmen Radu 0 comentarii
Romanian startup Metabeta attracts a first round of investment of half a million euros iul. 22 Redacția 0 comentarii
Mol and Rompetrol can begin construction of the 13 new gas stations and charging stations for electric cars on the highways between Nădlac and Constanţa iul. 22 Mădălina Podaru 0 comentarii
Circular economy in the Telecom industry: Orange announces that it will sell refurbished phones iul. 22 Redacția 0 comentarii
Romanians have worked until June 19 just to pay their taxes. 1 euro paid in salary to a Romanian employee costs the employer 1.8 euros iul. 21 Carmen Radu 0 comentarii
ANALYSIS Romania’s public debt has doubled compared to 2015. What happens when debt exceeds the 50% of GDP threshold / How does Romania’s debt compare with that of EU countries iul. 21 Elena Deacu 0 comentarii
Commodity gas prices have risen 4.43 times in the last year and will be reflected in customer’s bills which could double iul. 20 Carmen Radu 0 comentarii
Romania’s public debt reached 49.7% of GDP, the Ministry of Finance announces iul. 20 G4Media 0 comentarii
Apartment prices continued to rise in June in all major cities in Romania iul. 20 Carmen Radu 0 comentarii
The pharma industry is breaking record after record during the pandemic. The fight for the top pharmacies is between Catena, Sensiblu and Dona / Romania, net importer of drugs iul. 20 Carmen Radu 0 comentarii
Relaxing the pandemic restrictions unlocked nearly € 1 billion in investments in the western part of the country for the coming years iul. 19 Alina Bratu 0 comentarii
Premiere in Romania: two hypermarkets apply the French labeling system NUTRI-SCORE which indicates the nutritional value. Italy challenges the classification and promotes its own system iul. 19 Mihai Roman 0 comentarii
Analysis: Gas prices in Romania rose by 12.7% in the first half of the year. How expensive is it to refuel in 2021? iul. 19 Redacția 0 comentarii
Housing in Romania among the cheapest in Europe Deloitte study finds. A new standard apartment costs seven average gross annual salaries iul. 19 Carmen Radu 0 comentarii
How Brexit is reflected in the British businesses in Romania: 2,800 British companies in Romania with combined business worth almost 20 billion lei / Top British companies iul. 16 Elena Deacu 0 comentarii
Romanian company Superbet has acquired Napoleon Sports and Casino, the third largest sports betting company in Belgium and becomes market leader iul. 16 Carmen Radu 0 comentarii
ANALYSIS The globalization of the Romanian economy has slowed down in recent years. The ratio of foreign investment to GDP has reached the lowest level since 1996 / Foreign companies generate 44% of the value added iul. 16 Redacția 0 comentarii
Altex enters the tourism market, through Altex Travel, in partnership with Karpaten Turism iul. 15 Ionuț Ardeleanu 0 comentarii
Car sales business has grown by 40.9% in the first 5 months of the year (INS) iul. 15 Ionuț Ardeleanu 0 comentarii
European Commission’s climate plan: Romania must reduce its greenhouse gas emissions by 12.7% iul. 15 Ionuț Ardeleanu 0 comentarii
A tax on cars. Environment Minister announces that there will be a measure for cars older than 15 years “in a relatively short time” iul. 15 Redacția 0 comentarii
Price increases on the construction materials market investigated by the Competition Council iul. 14 Redacția 0 comentarii
Spontaneous strike at Dacia. The employees at Mioveni plant interrupted work are demanding for additional staff iul. 14 Redacția 0 comentarii
The EU launches massive package “Fit for 55”, the world’s most ambitious project on climate change / What it means for Romania iul. 14 Carmen Radu 0 comentarii
Significant increases of public transport fares in Bucharest beginning August 1. The price of an STB trip increases from 1.3 lei to 3 lei iul. 14 Carmen Radu 0 comentarii
Project with major economic impact: Outdoor pig farms could be banned during outbreaks of African swine fever iul. 14 G4Media 0 comentarii
The digital euro, an alternative to cryptocurrencies, is beginning to take shape iul. 14 Ionuț Ardeleanu 0 comentarii
Study on young businesses in the country: Seven out of ten Romanian technology start-ups affected by the pandemic iul. 13 Redacția 0 comentarii
EXCLUSIVE Prime Minister Cîțu rejects Romania’s participation in the capital increase of the Russian-controlled bank, nicknamed “the bank of spies”. Former Minister Nazare had asked for 14 million euros participation in capital increase iul. 13 Cristian Pantazi 0 comentarii
Business organization proposes that Romania becomes a “cybersecurity paradise” iul. 12 Redacția 0 comentarii
Romanians want in the eurozone: the percentage of those who want the introduction of the single currency in our country has increased from 63% to 75% in one year iul. 10 Kristina Reștea 0 comentarii
Frenzy on the Bucharest Stock Exchange with 12 entrepreneurial companies going public in the first half of the year iul. 10 Redacția 0 comentarii
VISA: Over $ 1 billion spent on cards linked to cryptocurrencies in the first half of the year iul. 10 Redacția 0 comentarii
ANALYSIS It will be quite difficult to keep the 2021 budget deficit below 8% iul. 8 Redacția 0 comentarii
Chief of National Highway Company: In three years, Romania will be an open construction site. We need over 1,000 engineers iul. 8 Redacția 0 comentarii
The fired Minister of Finance: “I told the Prime Minister that I do not think I would have any reason to resign” iul. 8 Redacția 0 comentarii
Romania’s Central Bank maintains key interest rate at 1.25 percent per year, although central banks in the region began raising interest rates iul. 8 Redacția 0 comentarii
STUDY A Gen Z Romanian youth earns an average of 432 euros per month. Young people feel dependent on their parents, who are their main source of income iul. 8 Redacția 0 comentarii
Youth unemployment has risen in the pandemic. Jianu, SME representative: “Three out of ten young people did not register for the Bacalaureat exam. An extremely serious thing for our future” iul. 6 Redacția 0 comentarii
The first electric bus assembled in Romania will be tested in the city of Făgăraș iul. 6 Redacția 0 comentarii
ANALYSIS The first six months in the housing market after a year of pandemic: The price of building materials has exploded, apartment rentals are falling to historic lows, and the office sector is showing signs of rebounding iul. 6 Redacția 0 comentarii
Analysis: Romanian start-ups attracted investments of 82.2 million euros in the first six months of the year iul. 5 Redacția 0 comentarii
Social benefits will increase annually from 2022, after being frozen at same level for 13 years iul. 5 Redacția 0 comentarii
Prime Minister Florin Citu: Romania’s economy has the fastest recovery after an economic crisis in the last hundred years iul. 5 Redacția 0 comentarii
The National Energy Regulatory Authority fines the big gas supply companies E.ON and Engie with 400,000 lei iul. 5 Redacția 0 comentarii
Trading platform Robinhood that advocates for “financial democratization”, is preparing to be listed on the Nasdaq iul. 3 Ionuț Ardeleanu 0 comentarii
The largest residential yacht in the world is built in Tulcea. An apartment aboard starts at a price of 9.5 million euros iul. 3 Redacția 0 comentarii
The challenge of finding talent. Bernhard Gehlert, Bosch: It is important to combine theoretical knowledge and practical applications iul. 2 Ovidiu Hațegan 0 comentarii
July 1 marks increases for electricity and gas prices. The last day the electricity consumers can change their contract, in order to benefit from the discount iun. 30 Carmen Radu 0 comentarii
Property deed no longer necessary for signing an electricity supply contract following simplification of procedures by the Energy Regulatory Authority iun. 30 Redacția 0 comentarii
The European Bank for Reconstruction and Development has positively revised estimates for Romania’s economy and expects 6% growth this year iun. 30 Redacția 0 comentarii