Erste Group Bank Chief Executive Officer Andreas Treichl told shareholders that Romanian lender Banca Comerciala Romana, his most expensive bet on growth in eastern Europe, will recover “very soonâ€, businessweek.com informs. “I’m convinced that Romania will be a cause of joy in the future,†Treichl said at Erste’s annual general meeting today, where he presented [...]
Cosmin Stîngă and Ionuţ Doldurea, the owners of the LPG station that exploded last year in Crevedia, near Bucharest, filed complaints against the firefighters who intervened. The complaints are against three commanders involved in extinguishing the massive fire that followed the explosions at the LPG station. The firefighters are accused of negligence, failure to ensure […]
Eviden, part of the Atos Group, announced the opening of a cloud and cybersecurity center in Timișoara, in western Romania. The CloudSecOps Centre in Romania performs advanced security operations for cloud services in compliance with EU regulations, the company explained. The project involves close collaboration between Eviden's OneCloud and Big Data & Security business lines […]
Romanian president Klaus Iohannis recently said that he was open to discussing sending a Patriot missile system to Ukraine after meeting with US president Joe Biden in Washington on May 7. Germany recently petitioned EU and NATO members to send such military equipment to Ukraine so it can repel Russian missile strikes. Ukrainian president Volodymyr […]
The hospitality industry is constantly changing, being influenced by technological developments and consumer preferences. Despite all these transformations, the quality of the services and facilities offered to customers remain fundamental aspects for the overall success in the field. In 2024, the strategies of specialists must be focused on personalizing the customer experience and on sustainability. […]
The average pension in Romania increased by 5.4% compared to a 2-3 average, reaching RON2,248 (€452) in April this year, according to the National Public Pension House (CNPP). The number of recipients was 4.75mn (4.98mn in 2023), of which 3.81mn reached the retirement age and completed the full required period of contribution to the public […]
The ILO seasonally-adjusted unemployment rate decreased to 5.3% in March, from 5.6% in February and 5.7% in January, Romania’s statistics office INS announced. Compared to a year ago, in March 2023 (5.5%), the unemployment rate was 0.2 percentage points (pp) lower. The unemployment rate was higher among men...
