Central Europe chief financial officers have reached a pessimism peak as their confidence about the economic outlook and the wider business environment continues to fall amid the uncertainty caused by the COVID-19 pandemic, according to the latest Deloitte CE CFO Survey, conducted on more than 300 leading finance professionals in six countries - the Czech Republic, Estonia, Latvia, Lithuania, Poland and Romania. Almost three quarters of the respondents (72%) stated they were less optimistic about their companies’ financial prospects than before the new coronavirus outbreak, with Polish leading the top of the pessimistic (79%), followed by Romanians (75%). The study also shows significant shifts in the perceived levels of uncertainty facing respondents’ businesses, considering that an average of 36% respondents felt a high level of external financial and economic uncertainty in the pre- outbreak edition of the survey, compared to almost 70%, in the latest edition.
The Ji.hlava International Documentary Film Festival, held in the Czech Republic, is bringing to Bucharest a selection of four films from last year’s edition as part of the Echoes of Ji.hlava project. Between March 6 and April 3, lovers of documentary film are invited to the Czech Center to discover the Ji.hlava selection and take […]
A campaign organized by Romanian activist and war correspondent Radu Hossu gained increased traction and raised around EUR 85,000 in over two days for Ukraine’s military needs. The fundraiser started after the Trump administration paused military aid to Romania's neighboring country. Citizens of Moldova and Romania contributed the majority of the funds, according to Defense...
A new survey from Romanian employment platform BestJobs found notable differences among men and women employees, specifically the priority placed on salary and promotion opportunities for the first, and on job stability for the latter. According to the survey, women, who make up 48% of employees in Romania, say salary is an essential criterion in […]
The Republic of Moldova was among the countries where the United States “wasted” aid funds, according to president Donald Trump, who spoke before the Republican-dominated Congress. Trump claimed that government funds had been spent on useless programs in Moldova and Serbia, among other countries. These received assistance from the US through USAID, the agency that […]
US-headquartered Expro, a leading provider of energy services, announced that it had been awarded major contracts, either as a direct contractor or subcontractor to OMV Petrom, totaling more than USD 10 million for the Neptun Deep gas project in Romania’s Black Sea. The contracts involve Expro’s subsea landing string (SSLS), SeaCure cementing technology,...
The ROLANG Summer School provides immersive courses designed to accelerate fluency in Romanian for learners of all levels. The 12th edition of ROLANG Summer School on the Romanian language will be held from July 21st to August 1st, 2025, in Sibiu, in partnership with the German Cultural Center in Sibiu. Students will delve into the […]
