The most recent study by Coface Romania shows that in 2020, 5,564 new insolvency proceedings were opened, with -13% below the level registered in the previous year. Last year also reported the minimums of the last decade in terms of payment incidents (only RON 2.2 billion, -29% vs. 2019) and...
The post Coface Study: Insolvencies in Romania decreased by 13% in 2020 compared to the previous year and are at the minimum of the last decade appeared first on Nine O' Clock.
An article recently published by US financial magazine Bloomberg highlights Romania as a potential destination for high-end travelers. The article begins by noting that the country recently joined the Schengen Area, meaning that European Union citizens traveling there by air or sea will not need a passport. ...
Romanian director Tudor Giurgiu returns to the United States this month to promote his latest feature film, Libertate/Freedom. Scheduled for May 4-13, the tour starts in Los Angeles, passes through Atlanta, and ends in New York. The film will be screened as part of the South East European Film Festival in Los Angeles on Saturday, May 4, […]
The Romanian Ministry of Foreign Affairs (MAE) announced on May 1 that, following the efforts of the Interinstitutional Crisis Cell through the Romanian Embassy in Cairo and the Romanian Representative Office in Ramallah, nine Romanian citizens and their family members were evacuated from Gaza Strip and reached the territory of Egypt through the Rafah border […]
Over the past three months, dozens of members and heads of regional organizations or even party candidates have left the far-right party AUR, accusing its authoritarian leadership, G4media.ro reported. Other...
Clotilde Armand, the candidate of the United Right Alliance (ADU) for the mayor seat in Bucharest’s District 1 and the district’s incumbent mayor, is rated at 37.3% of the votes, according to an IPSOS survey carried out for Clotilde Armand. Armand is followed by the candidate of the ruling coalition formed by Social Democrats and […]
The law that regulates investment in offshore wind energy projects will enter into force on May 30, after the bill was promulgated by the president of Romania, Klaus Iohannis, the Ministry of Energy announced on April 30. However, the key details, including the royalties, will be set and approved by the government by mid-2025. “Romania […]
