President Klaus Iohannis and Prime Minister Mihai Tudose participate on Sunday in a ceremony commemorating the centenary of the Battle of Marasesti. The event will also be attended by the Speaker of the Chamber of Deputies, Liviu Dragnea. “One hundred years on from the most important military action of the Romanian Army in the First […]
The demand for skilled and unskilled workers is 10%-20% lower than it was last year, the experts are less inclined to change their jobs, and the contraction in the IT market already visible in the UK and western Europe is reaching Romania to some extent, according to Alexandra Peligrad, CEO of Smartree human resources company. […]
Sorina Pintea, former Social Democrat (PSD) member of the Parliament (2016-2017) and later minister of health (2018-2019), was sentenced to 3 years and six months of jail with execution for bribe-taking by a ruling given by Cluj Court on April 26. The decision is not final and can be appealed,
Banca Transilvania, OTP Bank, and Exim Banca Romaneasca won in court against the consumer protection body ANPC on the loan repayment formula, bringing to five the number of financial institutions that invalidated ANPC’s decisions, Profit.ro...
BayWa RE Romania, the Romanian subsidiary of the renewable energy division of the conglomerate of agricultural cooperative associations BayWa from Germany, plans to build its first photovoltaic park in Romania starting next year, according to
The Romanian branch of the Austrian major integrator of IT&C solutions Kontron (formerly S&T), Kontron Services Romania, has planned to trigger a collective dismissal process, as a result of which 84 employees out of a total of 258 people will lose their jobs starting on June 13, according to
The Macroeconomic Confidence Indicator compiled by the CFA Romania Society decreased in March by 1.4 points, to 59.4 points on a 0-100 scale, with the 50-point benchmark indicating a balanced state of economy and expectations (or a balanced combination). "Although, in the short term, due to the influx of public money, the confidence in the […]
