Romania acts under potential, and this year there is no company left in top 20 of the companies of Central and Eastern Europe, although there should be represented in top 10 companies in the region, said on Monday Eugen Anicescu, Country Manager, Coface Romania, in a press conference.According to him, Romania occupies place four in the top, with 56 companies, fewer with two against the previous top. According to him, Romania should occupy the second place and this is to be aimed at in a medium and long term.Eugen Anicescu stated that Romania has more companies which grow their turnover than companies which drop their turnover, as they are companies in sectors which benefitted from this period.The average rating of the companies in Romania which are in the top is 7, the second highest of all countries. The representative of Coface Romania said that this is due to the fact that Romania has extremely solid companies in top 500. Similarly, it is another proof of the polarity of the Romanian economy.From the sector perspective, top 3 sectors is made up of the non-specialised commerce, the oil sector and the automotive sector.The best positioned Romanian company in the country top is 22nd in that of region top. As for newly entered companies in the top there are two state-run companies: Nuclearelectrica and Transelectrica.
Daniel Christian Hulea, a Romanian man accused of contributing to the NetWalker ransomware attacks, has been sentenced to 20 years in prison after pleading guilty to conspiracy to commit computer fraud and wire fraud, according to a public announcement from the US Department of Justice. NetWalker was a Ransomware-as-a-Service operation launched in 2019, which recruited […]
The new Romanian government, headed by the same Social Democratic prime minister, Marcel Ciolacu, recently made its governance program public. Among its objectives are reducing the level of bureaucracy, maintaining the flat tax rate, and reducing the budget deficit to 7% in 2025. To reach its goals, the government reduced the number of ministries to […]
The European Commission (EC) announced on Monday, December 23, that it disbursed payments under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania, totaling EUR 26.8 billion in loans and grants. Under this latest disbursement, Romania received EUR 37.05 million as part of its second payment request. By comparison, according to the...
Romanian film trilogy Moromeții, directed by Stere Gulea, will be presented at the 54th edition of the Rotterdam International Film Festival, taking place from January 30 to February 9, 2025. This renowned European event, which annually presents hundreds of films across more than 20 sections, will feature the three films - Moromeții (1987), Moromeții 2 […]
Romania issued state aid worth EUR 1.3 billion during 2019-2023, with 62% of the projects being granted to foreign companies, according to an analysis conducted by EY Romania. The sectors that benefited the most from aid were the automotive industry, technology, manufacturing (light industry), medical industry, and the food and beverage industry. According to the […]
The Abracadabra – Secrets of Magic interactive exhibition will transform Arcub – Hanul Gabroveni in Bucharest into a magical universe starting December 27, 2024. Running until May 4, 2025, the event offers visitors the opportunity to explore a labyrinth of magic, featuring over 20 interactive attractions and more than 500 live performances by MAGITOT and […]
