Romania’s economy shrank by 12.3 percent in the second quarter of this year compared to the first quarter, according to data released on Friday by the National Institute of Statistics. Compared to Q2 2019, the Gross Domestic Product fell 10.5 […]
Prime Minister Ludovic Orban announced Friday that the government will adopt a decision to increase pensions by 14 percent, adding that rising retirement benefits was a “difficult decision”, but that the Executive commits to this measure and provides guarantees that […]
Digi Communications Group published on Friday its financial results for the second quarter, increasing revenues by 5 percent compared to the same period of the previous year (310 million Euro compared to 294 million Euro) and achieving + 9% RGU […]
The operational and financial performances of the Romgaz Group achieved in the first semester of 2020 are at high levels, even if they register decreases compared to the previous periods, the company today announced. The consumption of natural gas at […]
Banca Transilvania Group’s net consolidated profit is 690 million RON, out of which the Bank’s profit amounts to 607 million RON, according to its financial results for the first semester. The subsidiaries and the capital investments contributed with over 82 […]
Electrica Group has posted a consolidated net profit of 190 million RON in the first half of 2020, registering an increase of 81 million RON, respectively 74.2%, compared to the same period of the previous year. Consolidated EBITDA reached 486 […]
Bureau Veritas and the Federation of the Romanian Hotels Industry (FIHR) launched a standard based on sanitary measures to support the hotel and restaurant industry to show compliance with best practices for preventing the spread of the new Coronavirus. Certification […]
eMAG is investing 90 million Euro in a new logistics centre, which will cover an area of 130,000 square meters. The construction works will start this month and will be completed in September next year, and all automations and technologies […]
The Ministry of Public Finance (MFP) attracted a total of 422 million Euro through the primary offer for the sale of government bonds for the population (FIDELIS), which took place between July 15th and August 7th, through the Bucharest Stock Exchange (BVB) systems. […]
Garanti BBVA recorded a 47.7% increase in volume and over 47.4% increase of the number of transactions in the first half of 2020 by its mobile retail customers, during the first half of 2020, over the same period of 2019. […]
