Prime Minister Nicolae Ciuca stated, on Monday, that, at the level of the Government, several proposals for mitigating the impact of rising energy prices have been analysed, and they will be discussed on Monday evening in the governing coalition meeting, mentioning that the main purpose is to protect the vulnerable consumer and essential institutions, and for the economy to function."The main purpose is to protect the vulnerable consumer, to protect essential institutions, schools and hospitals and, also, to take measures so that the Romanian economy can function and not be as affected by the impact of increases in the prices of energy and gas," answered Ciuca, when asked, before the governing coalition, about the Social Democratic Party's (PSD) proposals to reduce the ceilings for electricity and natural gas.He added that measures were taken so that state institutions verify all the companies that provide electricity and gas and which have not respected the Vulnerable consumer law. The Prime Minister emphasized the checks will continue "firmly and correctly".
Central and Eastern European startup nPloy has expanded its job posting offering with remote, location-flexible jobs in the technology industry to over 1,000 remote posts provided by more than 100 global tech companies, such as GitLab, Brevo, Airalo, Binance, AngelList, Polygon, Kraken, and Zapier. "And from what we see in the last few weeks since we […]
In the day when the opening of Arges Mall in Pitesti (April 25) brought the third Mcdonald's and also the third KFC fast food restaurant in the city, as well as a long array of fashion outlets such as Zara, Pull&Bear, Bershka, Stradivarius, Reserved, House, Cropp, Sinsay,...
Romania’s leading financial group Banca Transilvania (BVB: TLV) announced that its shareholders endorsed the disbursement of RON 1 billion (EUR 200 million) as dividends, out of last year’s RON 2.5 billion net profit, at a gross yield of 4.4% based on the most recent trading price. The shareholders also approved a capital increase by the […]
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use and office real estate, held, on April 25th, 2024, the General Meeting of Shareholders (GMS). During the GMS, the shareholders approved, among other items, the distribution of the second tranche of...
Net subscriptions in Romanian mutual funds reached RON 578 million (EUR 116 million) in March, the highest value since January 2021, when inflows totaled RON 621 million, according to data from the Association of Fund Managers (AAF) quoted by Ziarul Financiar. The net assets of the 247...
Romanian independent petroleum products distribution firm JT Grup Oil, controlled and managed by local entrepreneur Jean Paul Tucan, confirmed the initial public offering of 10 million new shares with a face value of RON 1 to both retail and institutional investors as per the decision approved by the company’s shareholders. The new shares would account […]
