During the COVID-19 pandemic, companies redirected almost half of the marketing budgets (46%) towards social media and mobile activities, according to the latest edition of Deloitte Chief Marketing Officer (CMO) Survey, twice as much as before the pandemic. The study also emphasizes that marketers anticipate a continuous growth for mobile spending over the next 12 months, while spending on social media will remain close to the new high level. Deloitte CMO Survey was the result of an analysis of almost 300 responses from top marketers active in 13 industry sectors in US.
A total of 58% of the Romanian respondents to a recent Eurobarometer survey believe the war in Ukraine is one of the main challenges the EU is facing. This is higher than the EU average of 47% of respondents who share this belief. The cost of living worries 31% of the Romanian respondents, which is […]
Romania has been elected as a full member of the UNESCO Executive Board for the 2025–2029 term, the first such appointment in 14 years. Romanian officials noted that the country will work closely with other member states to promote dialogue, knowledge, and international cooperation, in the spirit of UNESCO’s principles and the objectives aimed at […]
The Government of Romania may draft several separate ordinances to legislate the fiscal measures initially included in a law, part of the second package of budgetary reforms, partly rejected by the Constitutional Court. The provisions put forth by the ruling coalition in a single law initially include critical measures, such as the "tax on [foreign] […]
The Constitutional Court of Romania (CCR) published its detailed ruling (motivation) on the magistrates’ pensions law on November 7. This should trigger the Government’s procedures for re-launching the law, according to statements by Prime Minister Ilie Bolojan and Social Democrat leader Sorin Grindeanu, who argue for different strategies. While PM Bolojan wants the same bill […]
Romania’s state-controlled electricity distribution and supply company Electrica (BVB: EL) has submitted a non-binding offer for the acquisition of Distribuție Energie Oltenia (DEO), the electricity distribution company controlled by the Macquarie investment fund, according to
The Government of Romania, through its seaport company Administratia Porturilor Maritime (CNAMP), is close to buying Moldova's largest port, Giurgiulesti (PILG), from the European Bank for Reconstruction and Development (EBRD), announced Romania's Minister of Transport, Ciprian Șerban, speaking for
