Hidroelectrica transfers 160 million euros to the state at the end of the month to offset energy bills sept. 23 Matei Ionescu 0 comentarii
The installation of the first natural gas production platform built in Romania in the last 30 years has been completed sept. 22 Ionuț Ardeleanu 0 comentarii
Subsidizing energy bills will cost 1 billion lei, Finance Minister says. State to take higher dividend share from companies to raise the money sept. 22 Carmen Radu 0 comentarii
Report: Romania’s GDP could be €24 billion higher annually by 2030 by increasing gender equality sept. 22 Redacția 0 comentarii
Iasi: Tech start-up raises nearly €500,000 in funding for a project that uses Artificial Intelligence to solve repetitive office tasks such as processing invoices sept. 22 Alex Andrei 0 comentarii
How Romanians manage their spending: 71% bought things they didn’t need just because they were cheap sept. 21 Carmen Radu 0 comentarii
Romania will have, beginning with 2022, a Quality and Marketing Agency for Agri-Food Products sept. 21 Redacția 0 comentarii
Decathlon to deliver products at easyboxes through a partnership with Sameday sept. 21 Redacția 0 comentarii
Cleaning services startup Cleany becomes Zumzi.com, a home care services marketplace sept. 21 Carmen Radu 0 comentarii
ANALYSIS Lidl has become the largest German company in Romania. Bucharest, Brasov and Prahova account for half of the German business in the whole country sept. 20 Elena Deacu 0 comentarii
City Insurance bankruptcy. A guide for drivers with policies and those injured by a driver with insurance from the market leader in third-party liability insurance sept. 20 Carmen Radu 0 comentarii
Prime Minister announces he will propose in the Tripartite Council an 8% increase in the minimum wage from 1 November or 1 December this year sept. 17 Ionuț Ardeleanu 0 comentarii
One billion euros deficit for Romanian tourism in the first seven months of this year sept. 17 Răzvan Zamfir 0 comentarii
The unemployment rate in the second quarter was 5.1%, down one percentage point from the previous quarter sept. 17 Ionuț Ardeleanu 0 comentarii
Virgil Popescu: This year’s budgetary effort to offset energy bills will be covered by Hidroelectrica’s additional dividend sept. 16 Ionuț Ardeleanu 0 comentarii
President of the Competition Council on energy price cap: let’s keep calm, let’s not take backward steps, let’s find measures that make economic sense sept. 16 Redacția 0 comentarii
Labor Minister Raluca Turcan: I am thinking of a significant increase in the minimum wage sept. 16 Redacția 0 comentarii
Romania, among EU countries with highest labour cost increases. In Industry, the increase was 10%. sept. 15 Redacția 0 comentarii
Energy bills: Prime Minister Cîțu says he has discussed the option of capping gas prices, although 15 days ago he ruled out this option sept. 15 Carmen Radu 0 comentarii
OMV Petrom representatives meet with the President, Prime Minister and Energy Minister amid the energy price scandal. The company has been calling for years for changes to the offshore law, which blocks the exploitation of gas from the Black Sea sept. 15 Carmen Radu 0 comentarii
Will Dacia Bigster, which will be launched in 2024 or 2025, become the new symbol of the Romanian car manufacturer? sept. 15 Răzvan Zamfir 0 comentarii
Energy Minister announces how energy bill compensation mechanism will work: Gas bill reduced by 25%. More than 13 million Romanians will benefit from compensation in their electricity bill sept. 15 Carmen Radu 0 comentarii
Standard & Poor’s rating agency: Political crisis in Romania unlikely to halt fiscal consolidation sept. 14 Mihai Roman 0 comentarii
EXCLUSIVE Star Residence Invest, the first REIT established in Romania, wants to make a capital increase of about 19 million lei sept. 9 Tudor Ștefănescu 0 comentarii
Romanian startup Humans attracts $9 million funding round through private cryptocurrency sale sept. 8 Redacția 0 comentarii
Generation Z challenges in 2021: lack of resources and financial education, career guidance and managing emotions sept. 8 Redacția 0 comentarii
Three quarters of Romanian employees will make their next job conditional on being able to work from home sept. 8 Redacția 0 comentarii
Fitch rating agency warns that Romania’s political crisis puts budget deficit reduction at risk / Lack of reforms may lead to negative country rating decision sept. 7 Mihai Roman 0 comentarii
USR-PLUS ministers have left the Government. What will happen with the major government projects sept. 7 Tudor Ștefănescu 0 comentarii
American technology and engineering company Emerson approaches 3000 employees in Cluj sept. 3 Redacția 0 comentarii
PHOTO-VIDEO Dacia presented the new Jogger model in Munich. The price of the new car will be around 15,000 euros sept. 3 Tudor Ștefănescu 0 comentarii
The fashion for second-hand clothes in supermarkets is catching on in Romania. Auchan reaches 10 stores that also sell worn clothes sept. 2 Redacția 0 comentarii
French fintech iBanFirst opens office in Bucharest, the first in Central and Eastern Europe: “Romania shows very good signs of economic recovery post COVID-19, and companies are very open to new technologies” sept. 2 Redacția 0 comentarii
Russian gas imports to Romania have increased by 344% in the first eight months. Romania has been stalling for months on an offshore law that would allow gas extraction from the Black Sea sept. 2 G4Media 0 comentarii
Top of the most powerful IT companies in Romania and an X-ray of the industry. ANIS: “We don’t have a domestic market / 75% of revenues are made from exports” sept. 2 Kristina Reștea 0 comentarii
Frames study: Romania, “buried in rubbish” – business of almost half a billion euros / over 3000 companies in the field sept. 1 Redacția 0 comentarii
What new car models will be presented at the IAA Munich in September aug. 31 Tudor Ștefănescu 0 comentarii
Joint investigation by Energy Regulator and the Consumer Protection Agency at all natural gas suppliers / Virgil Popescu: If you change the price but announced that it is a fixed price for a year, you are subject to two laws / Huge Fines aug. 31 Redacția 0 comentarii
Energy Minister: we haven’t seen huge price increases / Official statistics: electricity up 25%, gas up 20% aug. 31 G4Media 0 comentarii
“Aggressive” offer in the telecom market: Free cable and internet for 12 months, then 11 euros per month aug. 30 Matei Ionescu 0 comentarii
Building developers’ plans in full swing: in the first seven months of the year almost 30,000 building permits were issued, up 33% from 2020 aug. 30 Redacția 0 comentarii
Dacia has announced that the new 7-seater model to be unveiled at IAA Munich will be called Jogger aug. 30 Tudor Ștefănescu 0 comentarii
Romania’s resident population reached 19.186 million on 1 January 2021, down 142,600 from 1 January 2020 / Demographic ageing and emigration are increasing aug. 30 Redacția 0 comentarii
Investment in digitalization: Romanian low cost airline Blue Air launches its new mobile app aug. 27 Redacția 0 comentarii
INTERVIEW Cristian Secoșan, CEO Siemens: The pandemic has accelerated the digitalization trend. Everything we thought would happen in 10-20 years has happened in two aug. 27 Elena Deacu 0 comentarii
Six out of 10 Romanian employees rely only on state money after retirement. Eight out of ten consider continuing to work (survey) aug. 26 Redacția 0 comentarii
Analysis. 55% of consumers and 100% of fleet managers want to buy electric cars. Electric vehicle sales could reach 23% of all new car sales aug. 26 Tudor Ștefănescu 0 comentarii
Chaos in the residential market. Asking prices and rents go down or up from month to month, depending on the situation in the country aug. 26 Tudor Ștefănescu 0 comentarii
Electricity prices could fall: Romania and Bulgaria to connect their energy exchanges from October / Romania also enters a market union with Hungary, Czech Republic and Slovakia aug. 26 Redacția 0 comentarii
How do we deal with owning an electric car when Romania has only about 500 charging stations aug. 26 Tudor Ștefănescu 0 comentarii
Government declares war on single-use plastic products. Ear swabs, cutlery and straws to be banned / Authorities to set up separate collection system for PETs aug. 25 Carmen Radu 0 comentarii
Government proposes state aid of almost €8 million for Tarom to cover losses in the last half of last year aug. 25 Carmen Radu 0 comentarii
Enrolment in the Virtual Private Space will be mandatory from March 2022. In addition to companies, some individuals are also affected by the obligation aug. 25 Redacția 0 comentarii
EXCLUSIVE POLL Two out of 10 Romanians would go to work or send their children to study in another EU country/ Favorite destination is the UK/ Romania’s low wages top the list of dissatisfactions aug. 25 G4Media 0 comentarii
eJobs survey: 64% of survey participants see age as a barrier to finding a job aug. 24 Redacția 0 comentarii
Worrying report. Without the reserves in the Black Sea, Romania will run out of natural gas in about 9 years aug. 24 Tudor Ștefănescu 0 comentarii
Star Residence Invest, the first REIT in Romania, net profit of 337,000 lei on revenues of 612,000 lei in the first half of the year aug. 24 Tudor Ștefănescu 0 comentarii
The Ministry of Economy announces that it is abolishing the posts of special administrators for privatisation in state-owned companies, paid up to 19,000 lei per month. Năsui: “A gimmick of the Nastase government to create well-paid sinecures for party activists” aug. 24 Carmen Radu 0 comentarii
Romanian DIY chain Brick Romania is developing an online platform to facilitate product delivery across the country aug. 24 Carmen Radu 0 comentarii
The reasons for natural gas prices rising with more than 100% for consumers aug. 24 Carmen Radu 0 comentarii
The new Minister of Finance, Dan Vîlceanu, does not know what the minimum wage in Romania is: “It can’t be 1,300” aug. 24 Carmen Radu 0 comentarii
Employees still work from home: Demand for office space is also down in 2021, by almost 10%. Vacancy rate at 7-year high / “The long-awaited turnaround will probably have to wait at least a few more quarters” aug. 23 Carmen Radu 0 comentarii
Trade registry: Number of deregistered firms increased by over 34% in the first seven months of 2021 aug. 23 Redacția 0 comentarii
A team of Romanian computer science high school students has won an international programming competition. The solution: a pollution measuring device aug. 23 Redacția 0 comentarii
The Bucharest Stock Exchange lost 3.65 billion lei in capitalization in one week aug. 23 Redacția 0 comentarii
Hoteliers in the local market want to follow Paris’ example to regulate Airbnb in Romania aug. 23 Redacția 0 comentarii
Recruitment platform: the highest paid job of the week is in IT – €5,000 a month aug. 23 Redacția 0 comentarii
The budgets of the Rabla Classic and Rabla Plus programmes will be increased by 200 million lei each aug. 20 Redacția 0 comentarii
More than 3,500 companies and PFAs became insolvent in the first seven months of the year (Registry of Commerce) aug. 20 Ionuț Ardeleanu 0 comentarii
The government paid record 8.6 billion lei in interest on public debt in the first half of the year (profit.ro) aug. 20 Ionuț Ardeleanu 0 comentarii
Economic map in the first seven months of the year: more than 65,000 companies have been established, most of them in the Bucharest-Ilfov region, construction companies rank first among the newly created companies aug. 19 Redacția 0 comentarii
Prime Minister Florin Cîțu announces that the law on vulnerable consumers could enter into force on 1 January 2022 aug. 19 Carmen Radu 0 comentarii
Prime Minister Cîțu announces that the National Development Bank project is being approved. The new state bank “will take over many of the functions” of CEC and Eximbank, the other state banks aug. 19 G4Media 0 comentarii
Dan Vilceanu validated in the National Political Bureau of the Liberal Party for the Ministry of Finance. Orban, the only vote against the proposal aug. 18 Ionuț Ardeleanu 0 comentarii
Sierra Quadrant: The economic recovery hides considerable risks. 10 months of economic trial by fire ahead aug. 18 Ionuț Ardeleanu 0 comentarii
The new Dacia Duster model has gone on sale in the authorized dealer network aug. 18 Redacția 0 comentarii
Airline industry recovers from pandemic blow. Wizz Air announces 300 pilots to be recruited by the end of the year aug. 17 Redacția 0 comentarii
Romanians are buying more and more houses for rental income. More than 3,000 new homes have been bought for investment purposes in the last three and a half years / Rents have decreased aug. 16 Carmen Radu 0 comentarii
Consumer electronics retailer Flanco expands into Hungary, online only at first aug. 16 Redacția 0 comentarii
Romania will invest 400 million euros in digitalization projects in the healthcare system, less than half what Poland invests(analysis) aug. 16 Carmen Radu 0 comentarii
Romania’s economic growth revised to 7% for 2021 (Forecast Commission) aug. 16 Ionuț Ardeleanu 0 comentarii
ANALYSIS Pandemic has pushed Romania out of the group of high-income countries aug. 13 Elena Deacu 0 comentarii
Insolvencies in Romania increased by 23% in the first half of 2021. The number of newly registered LLCs increased by 58% (Coface study) aug. 12 Carmen Radu 0 comentarii
Green startups in Romania and Bulgaria can get €300,000 in funding, mentoring and consultancy from Black Sea ClimAccelerator aug. 12 Carmen Radu 0 comentarii
