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The three most important awards in business today are, “Competition, Competition, Competition.”

February 18, 2014

interview with BRIAN TRACY, CEO BRIAN TRACY INTERNATIONAL • What impression has made the Romanian public on you in the first place and how do you see it now? How receptive are local managers? The people who have attended my seminars in Romania have always been positive, intelligent and open to new ideas. Today, because [...]

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Number of retired Romanians with social benefits decreases in October

The total number of recipients of social benefits for retired persons was, in October 2024, 925,865 – 2,322 lower compared to the previous month, according to the data provided by the National Public Pension House (CNPP) and quoted by Economica.net. Of these, 832,693...

Kosovo's Football Federation accuses Romanian fans of "racial discrimination" at match in Bucharest

The team of Kosovo abandoned during the stoppage time in the 92nd minute of the football match against Romania in Bucharest counting for the Nations League, accusing the Romanian fans of "racism" after the later sang Serbia-related chants.  The Romanian team remained on the pitch for 74 minutes until the referee decided to put an […]

Romanian Liberals warn against Social Democrats' alleged hidden ties with nationalist AUR

One week before the first round of the presidential elections in Romania and two weeks before the parliamentary ballot, the leader of Romania's junior ruling Liberal Party (PNL) and a presidential candidate, Nicolae Ciucă, took one more chance to argue vocally that only his party can send the senior ruling Social Democratic party (PSD) and […]

Moody's affirms Romanian Banca Transilvania's rating and improves its outlook to positive

International rating agency Moody's has affirmed the ratings assigned for the first time in 2023 to Romanian financial group Banca Transilvania (BVB: TLV) and improved the outlook on the long-term deposit (Baa2) and issuer ratings (Baa3) to positive from stable. Low dependence of market funding and high profitability balances against risks posed by foreign currency […]

Romanian company dissolutions rise 7% y/y to over 30,000 in January-September

The number of dissolved companies in Romania increased by 6.9% year-on-year in the first nine months of 2024, reaching 30,094, up from 28,146 in the same period last year, according to data from the National Trade Registry Office (ONRC). Bucharest recorded the highest number of dissolutions at 6,184, marking a 5.4% y/y increase,

Rompetrol group reports USD 3.57 bln turnover in January-September

Rompetrol Rafinare, a KMG International Group (Rompetrol) member company, announced it recorded in the first nine months of 2024 a gross turnover of USD 3.57 billion and an operational result (EBITDA, an indicator that measures the company's profitability before deducting depreciation, interest, fees, and taxes) of about USD 125 million. The financial results were impacted […]