Romanian Business Leaders encourages the Romanian government to adopt firm measures as the Romanian business environment and the society cannot afford to support the price of closing down schools and new restrictions which could affect the economy, says the organization in a press release.According to the quoted source, in the first part of 2021, the Romanian economy recovered the loss of 2020 and it is for everybody’s interest to keep this trend of coming back to normality.While the hospitals prepare for a new wave of serious cases, the urge of the business leaders is that the government press the acceleration pedal for vaccination, the only scientifically validated measure to protect the society.‘We welcome the measures for encouragement announced by the government, such as the vouchers and raffles. Similarly, the Romanian Business Leaders decided to give a helping hand by communicating pro-vaccination and at the end of July they organize a digital campaign for the encouragement of vaccination in the places with population mostly non-vaccinated. But communication is not enough, we have the conviction that the government must follow the model of western countries and adopt firm measures for the increase of the degree of vaccination and the stop the increase of incidence, which could lead to the closing down of the economy and schools’ Dragos Petrescu, the chairman of RBL says.Romanian Business Leaders (RBL) is an apolitical organisation, non-governmental and non-profit which offers a platform for action and social involvement for 1,000+ entrepreneurs and top executives in the private business environment.RBL is a founding member of the Coalition for the Development of Romania (CDR), a private initiative which offers a coherent basis for consultation with the government and other public institutions on issues with impact on the economic and business climate in Romania.
Romanian Social Democrat leader and prime minister, also running for the presidential seat this autumn, Marcel Ciolacu, named Liberal (PNL) regional leader Ilie Bolojan as his preferred would-be prime minister. Notably, Bolojan is also being circulated as a potential prime minister in case the Liberal leader Nicolae Ciuca wins the presidential elections. In fact, the […]
Romania’s agricultural sector faces significant setbacks this year, with the European Commission revising crop yield forecasts further downward due to severe drought and heavy rainfall in key producing regions. Grain corn yields are projected to drop to 3 tonnes per hectare - a 10% reduction from last month’s forecast and a staggering 36% decrease compared […]
Romania's Ministry of Energy extended a EUR 33 million grant under the Resilience Facility to Heliomit, a firm controlled by local entrepreneur Tudor Mihăilă (24), for the development of a PV panel assembly plant with an annual capacity of 1,500MW. The photovoltaic panel factory will be developed in Bârlad, Vaslui county. "The support of almost […]
Romania's Ministry of Energy announced it cleared the disbursement of grants under the Resilience Facility in the total amount of nearly EUR 36 million for five power storage projects with a combined capacity of over 790MWh. Among the recipients, there are investment vehicles of "a Dutch billionaire and an Austrian real estate developer," according to
German insurer Signal Iduna announced the signing of the agreement for the acquisition of a majority stake in the Romanian insurance firm Garanta Asigurări from Greece's market leader – The Ethniki, Hellenic General Insurance Company. Following the success recorded in 2021 through the acquisition and integration of the two Romanian subsidiaries (life and general) of […]
Major Romanian online retailer eMAG announced plans to expand operations in the Republic of Moldova in 2025 or 2026. "We are considering an expansion in the Republic of Moldova, but I don't know if it will be in 2025 or 2026," eMAG's CEO Tudor Manea said at the press conference dedicated to the Black Friday […]
