Net general government debt will peak at about 30 pc of GDP in 2012, the rating agency considers. Standard & Poor’s Ratings Services affirmed its ‘BB+/B’ long and short-term foreign and local currency sovereign credit ratings on Romania with a stable perspective, according to a press release, Mediafax reports. The transfer and convertibility (T&C) assessment is [...]
Art gallery Gaep will present works by Vlad Albu, Felipe Cohen, Cătălin Pîslaru, and Raluca Popa at this year’s international art fair Miart in Milan. On view from April 17 to April 19 at Allianz MiCo South Wing, Gaep’s presentation brings together four artists at different stages of their careers, including an emerging artist, Vlad […]
Around 600 employees at the Oltenia Energy Complex in southern Romania submitted unemployment claims after their fixed-term employment contracts ended at the beginning of April. About 1,400 employees whose employment contracts were concluded for a fixed term have lost their jobs on April 1. They will be followed by another 300 whose contracts expire on […]
Agroland, present in the retail, agribusiness, food production, and animal nutrition sectors, plans to open between 15 and 20 stores under the Mega brand yearly to pass the benchmark of 300 units by 2028, it said. Agroland recently opened a Mega store in Cumpăna, in Constanța county, bringing the network of stores under this brand […]
Nuclearelectrica (BVB: SNN), Romania’s only nuclear energy producer, launched a tender worth RON 3.1 million for a feasibility study to double the production capacity of CANDU-6 type nuclear fuel bundles. The project regards the nuclear fuel plant in Mioveni, in southern Romania. Until now, another plant in Pitești served as the only producer of the […]
The process by which foreign workers arrive and work in Romania is currently too complicated and difficult to track, and must be simplified, according to economy minister Irineu Darău. To improve the entire process, the government will issue an Emergency Ordinance project, developed by the Ministry of Labor together with the Ministry of Foreign Affairs. […]
Romania ranks among the top European countries in terms of employee engagement, with a level of 31%, according to the “State of the Global Workplace 2026” report conducted by Gallup. According to the report, employees’ interest in their workplace is declining globally, and it currently sits at 20%, the lowest level since 2020. At the […]
