The auto industry has signalled blockages in importing parts that are essential for the production of vehicles which, up to now, had been acquired from the market of Russia, but also Ukraine, but we will act in an applied manner and come to the support of companies in the sector, said Economy Minister Florin Spataru, after a meeting with representatives of industrial sectors with a significant share of the GDP of Romania."Romania has exited the state of alert, yet it continues to face an economic crisis created by the military conflict between Ukraine and the Russian Federation, which came on top of a pressure already felt by the industry due to price increases in energy. As part of the task force organized at the Economy Ministry which saw the attendance of the main industrial branches directly affected by the start of the military conflict on our border, we have managed to sketch an image based on the real needs in the market, so that we may act in an applied manner and come to their support," said Spataru, according to a release of the Ministry of Economy, sent on Friday ."Furthermore, the representatives of the industry also signalled blockages in freight transport in Constanta Harbor. In this context, we believed it opportune, at one of the future meetings of the task force, to have the Romanian Customs Authority attend for applied discussions on the import conditions from EU and non-EU states," Florin Spataru said.
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
