The Altur Slatina suspends its activity temporarily, between 18 April and 1 May due to the evolution of the conflict between Russia and Ukraine. According to a press release sent on Friday to the Stock Exchange Bucharest for a large part of the employees the individual work contracts will be suspended. ‘The measures are taken with the general situation of armed conflict in Ukraine in mind, which led to the interruption of the economic activity in Urkraine as well as the institution by the international community agaist the Russian Federation and Belarus of economic sanctions, of financial restrictions and restrictions regarding the economic relations. Due to the evolution of the conflict between Russia and Ukraine, Altur SA had a drop in the volume of the production activity due to the lack of orders coming from foreign clients (ZF Braking Systems Poland Sp. Z o.o., ZF Automotive Czech s.r.o) which reduced their production activity, by cancelling the acquisition orders’ the quoted press release says.Altur S.A. is a public limited company whose object is the manufacture of aluminum alloy castings and car pistons for motor vehicles, tractors, trucks, manufacture of aluminum castings for the electrical engineering industry.
The Nexus Gaming team, which represented Romania at the IESF World Esports Championship, defeated Portugal’s team in the final to become world Counter Strike 2 champions. The Romanian team is composed of experienced players Ciocardau, Xellow, BTN, Ragga, and Adron. During the IESF WEC24 championship, they defeated some of the strongest teams, many of which […]
Well-known American actor John Malkovich, who was on stage last week at the National Theatre in Timișoara, visited the city’s first official souvenir shop on Friday, November 15. The visit was announced by Timișoara mayor Dominic Fritz. "Even Hollywood has come to the new souvenir shop. We’re delighted that John Malkovich found high-quality mementos from […]
The CONFIDEX H2 2024 study shows a relatively stable year without major events that could significantly impact Romania’s economy, but leaves room for growing concern regarding the future. According to the study, supported by private equity funds ROCA, AGISTA, and CITR, the leader in Romania’s insolvency and restructuring market, only 29% of managers report optimism […]
Romanian president Klaus Iohannis was on a visit to Berlin from November 15 to 18 to signal the strong ties between Romania and Germany with a speech in the German Bundestag. He also met German chancellor Olaf Scholz and president Frank-Walter Steinmeier. During his speech, the Romanian president said that the friendship between the two […]
In a rapidly digitalizing world, companies face numerous challenges in managing documents and data efficiently. Andrei Negulescu, Strategic Digitalisation Manager at Matricia Solutions, shares unique insights into how his firm helps businesses navigate the complex journey of digital transformation. In today’s world, every business talks about digital transformation, but few know how to make it […]
The Bucharest National Airports Company, which operates the two main airports of the capital, wants to purchase 450 benches for passengers in the boarding gate area of the Henri Coandă International Airport, better known as the Otopeni Airport. According to the announcement, CNAB will purchase 250 three-seat benches and 200 four-seat benches. The contract is […]
