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ASIAA President, Constantin Bucuroiu: "We are currently facing an acute shortage of personnel in the national defense industry, even though, based on memoranda, the Government has ordered the hiring of personnel at Carfil Braşov, Cugir Mechanical Plant, Drafomireşti Mechanical Plant and Mija Mechanical Plant. The shortage of personnel is acute, if we take into account that, in the case of subordinate companies, 1,390 employees out of the 5,600 are retired, i.e. 25%.

National defense industry - modernization with retirees

The revitalization of the national defense industry is achieved with employees who are at or past the retirement age, Constantin Bucuroiu, president of the Alliance of Trade Unions in the Defense and Aeronautics Industry, told the BURSA...

Political interference in energy endangers 500 million euros from the PNRR

Our country risks losing one billion euros from the funds allocated through the National Recovery and Resilience Plan (PNRR), a loss of which half - 500 million euros - would be caused by political interference in the appointment of the...

Gourmet GIFT România a anunţat o creştere de 28% a cifrei de afaceri

Gourmet GIFT România a anunţat o creştere de 28% a cifrei de

Gheorghe Piperea, MEP: "The sovereign fund should focus on supporting Romanian capital"

The sovereign investment fund should focus on supporting the Romanian capital, emphasized the MEP and university professor Dr. Gheorghe Piperea.

Mircea Ursache, CEO World Trade Center Bucharest: "The need for a sovereign investment fund is felt"

Our country's economy needs a sovereign investment fund, said Mircea Ursache, CEO of World Trade Center Bucharest and former President of the Authority for the Capitalization of State Assets, who proposed the creation of such a fund as early...

CITR: The Covid 19 pandemic - one of the causes of Damen Mangalia's insolvency

The insolvency procedure of the Damen Mangalia Naval Shipyard (DSMa) was caused, among other things, by the Covid 19 pandemic which led to the cancellation of some contracts that the company was going to execute, Florin Constantin, Senior Partner...

The Sovereign Investment Fund proposed by the Simion Plan, difficult to implement in the current economic conditions

The creation of a Sovereign Investment Fund in Romania (SIFIR), which would be capitalized from the collection of royalties and taxes for the exploitation of mineral and energy resources, as well as from the dividends of state-owned energy...

USR parliamentarians campaign for zero taxes for the minimum wage on the economy, and for progressive taxation according to certain levels of this income.

Amending the Fiscal Code, on the list of legislative priorities of the new parliamentary session

Amending the Fiscal Code, without introducing new fees and taxes and without increasing the existing ones, amending the single salary law in the budget system in order to fulfill the reform included in the National Recovery and Resilience Plan -...

Constantin Bucuroiu: "In order to ensure the necessary production, we must invest in modern manufacturing lines, which will lead to a qualitative leap regarding the achievements of each company".

Constantin Bucuroiu: "We need a financing of 250 million euros in the defense industry"

The defense industry in our country urgently needs a financing of 250 million euros to retechnology and modernize, claims Constantin Bucuroiu, the president of the Alliance of Trade Unions in the Defense and Aeronautical Industry (ASIAA)....

Mr. Aurel Cazacu pointed out: "In my opinion, even if we are under the umbrella of NATO, we must equip ourselves militarily, because that endowment has three purposes: deterring the enemy, increasing the confidence of the population and economic development".

Aurel Cazacu: "If the Russians attack us, we only have ammunition for two or three days"

The defense industry in our country does not produce as much as it is needed, and this fact leaves us exposed to an armed attack from Russia, military expert Aurel Cazacu, former director general of Romarm, told us.

The conflict in Ukraine and the one in the Middle East forced the states and companies in the defense industry to adapt their strategies and invest massively in the development of new technologies and military capabilities.

The armaments industry - the new attraction for companies and investment funds

• Evolution of the romanian defense industry in the context of the new arms race

Transport Trade Services se alătură din septembrie companiilor care fac parte din indicii FTSE Russell pentru Pieţe Emergente

Vineri, 23 august, furnizorul global de indici FTSE Russell a făcut public anunţul cu rezultatele indicative ale revizuirii semestriale care vor intra în vigoare începând cu data de 23 septembrie 2024. Potrivit anunţului disponibil la acest LINK,...

ASF Vice President Dan Armeanu says that an important factor in stimulating the development of voluntary private pension funds is represented by the level of tax deductibility of contributions.

"The demographic evolution increased the pressure on the public pension system"

Reporter: How adequate do you think the current pension system architecture is for our country's current and future needs?

Marcel Ciolacu: "Payment request number 3 will be approved only partially, due to the non-fulfillment of some benchmarks set out in the PNRR"

The non-fulfillment of the milestones in the PNRR regarding the reduction of the threshold regarding the taxation of micro-enterprises (milestone 206), corporate governance (milestone 207) and the non-completion of the metro in Cluj Napoca will...

Negotiations in Brussels regarding the reduction of the budget deficit and the fulfillment of the PNRR reforms

The situation of the excessive budget deficit that our country registers, the fulfillment of the conditions for the approval of payment request number 3 from the National Recovery and Resilience Plan, the nomination of the future Romanian...

Sources: Future members of the Transelectrica Directorate selected on the basis of political affinities

Sources from the national company Transelectrica SA told us that the current selection procedure for the future members of the company's Board of Directors is a facade, the nominations of the five members will be made strictly on political...

Radu Puiu, XTB: Preţul adevărat al luxului - încetinirea economică a Chinei şi investigaţiile de etică afectează marile branduri

Percepţia consumatorilor asupra unei mărci este un element cheie în decizia de consum, indiferent de piaţă. Consumatorii evaluează aspecte esenţiale precum fiabilitatea şi credibilitatea mărcii, beneficiile oferite şi justificarea preţului cerut....

Source: facebook / Fortele Aeriene Romane. Photo credit: Mm.IV Bogdan PANTILIMON, Statul Major al Forţelor Aeriene

The government increases the budget expenditures, wins the "composed" elections and donates weapons to Ukraine

The budget deficit continued its decline in the second financial quarter as well, its growth being a little smoother compared to the first three months of 2024. Thus, if at the end of March the budget deficit recorded for the first quarter stood...

Marcel Ciolacu will dismiss the management of AMEPIP

Prime Minister Marcel Ciolacu declared, on Friday, during a press conference held at the PSD headquarters, that he will demand the resignation of those deemed incompatible after the selection procedures on the corporate governance ordinance for...

Alexandru Petrescu, ASF President: "The Bucharest Stock Exchange is a good alternative for financing the Romanian economy"

The listing of Hidroelectrica together with the issues of Fidelis state bonds have created an investment culture in our country and it is important for investors and entrepreneurs to understand that the Bucharest Stock Exchange (BVB) represents a...

For American investors in our country, the major problem is the lack of fiscal predictability

The lack of fiscal predictability is an acute problem for American investors in our country, the representatives of the American Chamber of Commerce in Romania (AmCham) stated yesterday, during the press conference in which they presented the...

The government increases budget expenditures; tourists can travel to Turkey without a passport

During May, the government continued to make chaotic decisions regarding budget expenditures, although the deficit after the first four months of the current year stood at 3.24% of the Gross Domestic Product, i.e. a minus of 57.29 billion lei...

Intesa Sanpaolo a cumpărat First Bank SA

Intesa Sanpaolo a finalizat cu succes achiziţia grupului românesc First Bank S.A. de la fondul privat de investiţii cu sediul în SUA J.C. Flowers & Co., potrivit unui comunicat de presă. În 28 octombrie 2023, Intesa Sanpaolo S.p.A. şi JCF...

Principalele concluzii ale conferinţei "ESG:Ro - Environmental, Social and Corporate Governance for a Sustainable Future

Profesionişti din domeniul sustenabilităţii şi ESG-ului au discutat, pe 29 mai 2024, la conferinţa "ESG:Ro - Environmental, Social and Corporate Governance for a Sustainable Future" organizată de BusinessMark la Bucureşti, despre paşii pe...

Conferinţa anuală "ESG:Ro - Environmental, Social and Corporate Governance for a Sustainable Future". 17 lideri români şi internaţionali prezintă noutăţi şi bune practici din domeniu, pe 29 mai

În contextul internaţional tot mai dinamic privind reglementările ESG, mediul de afaceri românesc se pregăteşte pentru alinierea la noul context de raportare. Astfel, pe 29 mai 2024, lideri din domeniul sustenabilităţii sunt invitaţi la...

Intesa Sanpaolo Bank câştigă licitaţia pentru finanţarea proiectului de transport public verde în Bucureşti

Intesa Sanpaolo Bank, subsidiara din România a Grupului Intesa Sanpaolo, a fost selectată de Primăria Municipiului Bucureşti, în urma unei licitaţii pentru contractarea unui împrumut de 150 de milioane de lei, având drept scop finanţarea mai...

PNRR implementation, delayed by 18 months

The National Recovery and Resilience Plan is not a failure, but its implementation has been delayed for a year and a half (18 months) due to the indecision of the governing coalition in Bucharest, PNL-PSD, which has not implemented certain...

The Romanian capital market, an important role for the reconstruction of Ukraine and the development of the Republic of Moldova

The capital market in Romania can have an important role for the reconstruction of Ukraine and the development of the Republic of Moldova, argued the participants at the 10th edition of the CFA CEE Investment Conference, an event that this year...

Consiliul Patronatelor ESG din România a aderat la Confederaţia Naţională pentru Antreprenoriat Feminin

Consiliul Patronatelor ESG din România (CPESGR), asociaţie patronală şi comunitate de business, constituită cu scopul sprijinirii dezvoltării afacerilor pe baze sustenabile, a aderat la Confederaţia Naţională pentru Antreprenoriat Feminin...

ECA President: "Under the pressure of the deadline for the implementation of the PNRR, the risk of defrauding European funds increases"

Tony Murphy, president of the European Court of Auditors (ECA - European Court of Accounts), states that the deadline - December 31, 2026 - for the implementation of the NRDPs represents a factor that "contributes even more to the risk"...

Less than half of OECD countries prohibit anonymous donations for political funding

Less than half of the member countries of the Organization for Economic Cooperation and Development (OECD) prohibit anonymous donations for political financing, according to the data published in the report Anti-corruption and integrity -...

Photo source: facebook/European Commission

The European Commission estimates a budget deficit of 7% for our country

The budget deficit of our country, instead of decreasing, will increase, the representatives of the European Commission said yesterday in Bucharest, during an event in which the implementation of the National Recovery and Resilience Plan in the...

INVESTORS' FORUM - 2024The development of the stock market after the listing of Hidroelectrica- the main challenge of our capital market

Our capital market has known, in recent years and especially recently with the listing of Hidroelectrica, a series of transformations, including the increase in the number and diversification of the categories of issuers that call on market...