The Plenary sitting of the European Parliament (EP) adopted on Wednesday the Report on the General Guidelines for the preparation of the 2018 EU Budget, drafted by MEP Siegfried Mureșan (EPP), chief negotiator for the 2018 EU Budget. The resolution was approved by the MEPs with 445 votes “in favor,” 134 votes “against,” and 101 […]
Libra Internet Bank introduced, for the first time in Romania, the generative artificial intelligence service in the mobile banking application, according to Ziarul Financiar. Through the new facility, the bank offers information in audio and text format about the client's accounts and transactions, deposits and...
Lego Romania announced its sales rose by 16% y/y, thus doubling over the past three years to RON 236 million (EUR 47 million) in 2023. The company posted RON 10.2 million (EUR 2 million) net profit in the year, three times the earnings posted in 2020. Buyers’ interest in toys developing creativity was boosted by […]
The 1,300 orders placed by the retail investors during the first day of the one-week IPO operated by natural gas and electricity utility company Premier Energy at the Bucharest Exchange summed up to 1.36 million shares out of a total of 6.25 million earmarked to them under the Base Scenario, according to Ziarul...
Romania's public debt to GDP ratio, 52.4% at the end of February, will drop to 48%-49% "during this year," prime minister Marcel Ciolacu assured, speaking in a press conference in Buzau on May 8, quoted by Economica.net. However, this is...
The retail sales volume index increased by 6.4% y/y in Q1, Romania’s statistics office INS announced. The sales of non-food goods have particularly leaped up by 12.3% y/y, witnessing robust consumer confidence and heralding the return of private consumption as a significant growth driver this year. At the same time, the strong retail sales readings […]
The programs Documentary Mondays and Fiction Tuesdays return at the Czech Center in Bucharest between May 13 and June 4, on Mondays and Tuesdays. Four films are part of the Documentary Mondays program, where the directors will take part in online Q&A sessions with the public. Apolena Rychlíková’s Limits of Europe, which follows the Czech journalist […]
