10.11.2022

CEOs are actively looking for ways to get ahead of the triple threat of the aftermath of the COVID-19 pandemic, increasing geopolitical tensions and inflation, according to the EY CEO Outlook Pulse more

08.02.2022

Europe’s attractiveness for foreign direct investment (FDI) has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to more

09.16.2021

OK Medical, a network of Covid-19 sample collecting centres, in 2020 reached turnover of RON42.6 million, up from almost RON6 million in 2019, according to Finance Ministry data. more

07.13.2021

Some 70% of Romanian technology startups were affected by the COVID-19 pandemic and the average revenues of this type of business reach EUR150,000 countrywide, with a seniority below four years, per more

06.14.2021

Romanian apparel manufacturer Braiconf Braila (BRCR.RO) has received a financing of EUR400,000 from lender Raiffeisen Bank, which is guaranteed by EximBank, within the COVID-19 state aid scheme more

05.06.2021

Synevo, the medical laboratory division of Swedish-held private medical service provider Medicover, has increased the number of Covid-19 testing centers by 25% in 2021. more

03.08.2021

Romania's president Klaus Iohannis on Monday signed off on a loan agreement allowing Romania to borrow EUR4 billion from the European Union to protect citizens affected by the Covid-19 crisis. more

01.13.2021

Romania's finance ministry has drafted an emergency decree extending a nine-month moratorium on bank loan repayments for debtors affected by the pandemic, after the previous moratorium expired at the more

01.04.2021

Romania’s economy should grow by 4%, recouping only part of the 2020 loss, but the trend is up to many unknowns – first of which the rate of vaccination against COVID-19. Judging by how it more

12.24.2020

End of a decade. The crisis caused by the COVID-19 pandemic not only marks 2020, but also leaves its mark on the entire decade that is ending, as well as on the first few years of the coming decade. more

11.24.2020

German discount chain Lidl announced Tuesday it was extending employee benefits and will be doubling Christmas bonuses this year up to RON800 per employee, as well as new life insurance that includes more

11.03.2020

DDS Diagnostic, a Romanian company established in 2002 and specializing in in-vitro diagnostic, is making COVID-19 antigen tests in its own plant, following a more than EUR200,000 investment in more

10.22.2020

The European Investment Bank (EIB) said Thursday it was granting EUR190 million support to Romanian companies in manufacturing, commerce, agriculture and tourism, sectors that were hardest hit by the more

10.16.2020

Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, has won a tender held by the European Commission to supply necessary stock for the second wave of the Covid pandemic. more

10.02.2020

Romania is borrowing EUR4 billion from the European Union to protect citizens affected by the COVID 19 crisis. The government will use the money to implement protective measures adopted since the more

09.29.2020

The about 25 private labs that Romania’s Health Ministry authorized to process tests for patients seeking to check whether they have COVID-19 or not generated 2.5 billion lei revenue in 2019 and more

07.21.2020

Large companies in Romania have avoided concluding new office space contracts in the first half of 2020, against the backdrop of the COVID-19 pandemic and the state of emergency, but consultants more

07.20.2020

Smithfield Romania has closed its biggest processing plant in the country, in Timis county, western Romania, after 93 of its employees tested positive for COVID-19. more

07.13.2020

Changes on the labor market in the context of the COVID-19 pandemic have also altered companies’ policy on extra-salary employee benefits packages, and a growing number of companies are looking into more

07.09.2020

Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, has entered the US and UK markets with new medicines for Covid-19 by attending and winning tenders in the US and UK. more

07.01.2020

Ford Romania will not extend the employment contracts concluded for a definite period of time, as the European automotive market continues its contraction due to the coronavirus pandemic. more

06.30.2020

The coronavirus crisis has cost Romania RON3.1 billion so far, including spending on medical equipment and social spending such as furlough payments, finance minister Florin Citu said on TV station more

06.29.2020

Online payments using bank cards issued by Visa in Romania grew over 50% in April 2020 compared with the same period in 2019, as the novel coronavirus (Covid-19) pandemic gave a strong boost to the more

06.18.2020

The top concern of CFOs as they implement return-to-work plans plans is the impact of a global economic downturn (60%), but an almost equally high number are worried about a new wave of infections more

06.11.2020

Two months of lockdown and the lingering danger of infection will influence Romanian consumer habits, as people will be tempted to spend more time outdoors and domestic vacation destinations, more