Minister of investments and European projects Marcel Bolos admits that the disbursement of loans and grants related to the third request under the Resilience facility (EUR 3 billion) is at risk due to the Constitutional Court’s ruling on the so-called special pensions (the country pledged to alleviate their macroeconomic impact) and government’s failure to appoint independent management in state companies.
The milestones set for the fourth request are even more...
Romania’s National Cybersecurity Coordination Center will collaborate with European partners and other National Cybersecurity Coordination Centers within the European Union to support the implementation of the Cyber Resilience Act (CRA) through an online platform integrating technical documentation, risk assessment procedures, and resources for manufacturers. The announcement was made by the Authority for the Digitalization of […]
Over 50 Christmas trees were thrown into the Tileagd reservoir, near Romania’s western city of Oradea, to serve as shelter for fish. All 53 trees, provided by the company Eco Bihor, had weights and environmentally friendly ropes attached. With the help of a boat, volunteers dropped the trees into the lakebed. The ecological initiative was […]
Romania’s industrial and logistics real estate market continued to grow in 2024, with deliveries totaling approximately 400,000 sqm, bringing the total stock to 7.4 million sqm, according to the annual report published by Colliers. Interest from both international and local investors has increased, and major transactions, such as the expansion of retailers LPP and Deichmann, […]
Over 80% of employers in Romania plan to raise salaries this year, with most increases expected to be between 6% and 10%, according to the Randstad Romania HR Trends 2025. The survey shows that the business environment looks to 2025 with moderate optimism. Roughly 43% of companies anticipate revenue growth in 2025 (compared to 41% […]
Main commercial trends and financial indicators of BRD Groupe Société Générale at December 31 st , 2024 at consolidated level, according to the International Financial Reporting Standards (IFRS): Solidly supporting business growth • significant corporate financing activity (+29% YoY), fueled by impressive performance on both SMEs (+26.4% YoY) and large corporates (+31.1% YoY) • loan […]
Sarom Packaging, a leading local and regional glass packaging manufacturer, has invested over EUR 3 million in launching a new collection of wine bottles destined for premium brands. This marks the first initiative of its kind in the European market from a domestic glass packaging manufacturer, the company said. Sarom Packaging's CEO Jacques-Edouard Săvoiu said […]
