Romania’s foreign trade deficit reached 7.340 trillion euros in the first five months of 2020, up 742.3 million euros from the same period of 2019, according to data released on Friday by the National Institute of Statistics (INS). According to […]
Interior Minister Marcel Vela said on Friday that he wants the police officers in the streets to be shortly equipped with audio-video recording devices. “There is another matter that we debated (…), a matter that made us decide to want […]
CEZ Group has launched its 2019 sustainability report in Romania. Last year, CEZ has initiated new projects, developed new communication channels and products for its customers, and has invested over 3.3 million RON in CSR projects. “In 2019, we added […]
Bosch, a leading global supplier of technology and services, officially inaugurated today the new office building of the Bosch Engineering Center Cluj. Construction work started in March 2018 and were completed in December 2019. The overall investment was 30 million […]
Enel Green Power and the Norwegian Investment Fund for developing countries Norfund have signed a long-term agreement to jointly finance, build and operate new renewable projects in India. “This agreement gives us the opportunity to expand and strengthen our presence […]
Gross average nominal wage earnings in Romania were 5,188 RON in May 2020, 13 RON (-0.2 percent) lower than in April 2020, while net average nominal wage earnings were standing at 3,179 RON, down 3 RON (-0.1 percent) on a […]
IULIUS company is kick-starting the construction works for Palas Campus in Iași, an investment of 120 million Euro. This will be one of the largest office buildings in Romania in terms of its total area, adding up to more than […]
The National Gas Transmission Company Transgaz announces that the International Rating Agency Fitch Ratings affirmed its rating at ‘BBB-‘ Stable Outlook. Transgaz’ ‘BBB-‘ Stable Outlook affirmed rating “mainly reflects its solid business profile as a concessionaire and operator of the […]
OTP Bank Romania has established its Micro Department, through which it provides dedicated financing and consulting services for small companies, with a turnover of up to one million Euro per year. Through the new specialized direction, OTP Bank aims to […]
Romania needs a solid restart, coherent and visionary structural reforms, say the representatives of the business environment present at the debates organized during the last two years in the big university centers in the country, such as Iasi, Cluj-Napoca, Bucharest, […]
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