CĂUTARE (56)

The Damen Mangalia Shipyard (DSMa) will be forced to lay off approximately 1,000 people, after the Dutch group Damen asked the Constanţa Court to declare the offshore production capacity bankrupt, a fact we drew attention to a month ago and a...

The U.S. stock market has rallied this year, with the S&P 500 gaining 21 percent through July, but in August the rally stalled after a flurry of economic data and statements from Federal Reserve officials fueled fears that the U.S. central...

The Covid-19 lockdown and the associated economic crisis have irrevocably changed people's lives. One of the changes with a long term impact has been the acceleration of the transition towards digital payments: customers have avoided using...

• The European Commission has decided that coal needs to be replaced with renewable sources of energy by 2050 

Starting from the negative performance of some projects for organizing the participation of Romanian companies in international fairs, the Minister of Economy decided to stop their financing. As the public has by now learned for some time, the...

• (Interview with Ondrej Safar, CEO of CEZ Romania) 

With few exceptions, the world's government have responded to the pandemic with a total quarantine. Medical experts claim that this has saved lives, economists claim that the measure has heavily affected the world's economy. Since the...

1. To the Chinese and Japanese, the word "crisis" is expressed through two different symbols, which mean "danger" and, respectively, "chance/opportunity". If we have to face the danger, that doesn't prevent us from...

Reporter: What is your view on the current economic situation?

March 2020 has seen several firsts, the effects of which are already being felt in the economic environment. The coronavirus epidemic has already started being felt in the first days of March, when a large number of companies decided that their...

• Eugen Teodorovici: "Everybody talks about a European family, but it's every man for himself" 

1.Reporter: Excellency, what is your opinion about the architecture of Bucharest, taking into account that, throughout your career you have been in charge of urban planning and housing construction?

I've been thinking for one night and one day, but I still couldn't figure out why Jean Claude Juncker said that, without the Schengen Space, the Euro itself is losing its reason to exist.

Through an ironic twist of fate, just as the European Central Bank became the sole watchdog of the biggest banks in Europe, an important step towards achieving the Banking Union, discord has set in in Frankfurt.

Reporter: The economy has entered a recession, after two consecutive quarters of economic contraction. How do you think the economy will evolve in the coming months, given a weaker harvest, the drop in investments, the drop in exports and the...

Things were looking up for Oltchim, after the receivers of the plant of Vâlcea and the Ministry of the Economy convinced Piraeus Bank and Banca Transilvania to grant them the much sought after financing for increasing output. With Piraeus Bank,...

The "Mechel" Târgovişte metallurgic plant has filed for insolvency on Tuesday, for reorganization, after it was sold, together with the other assets which the Group had in Romania, to "Invest Nikarom" Bucureşti, in exchange for an...

The privatization of "Oltchim" is the hardest after that of "Sidex" Galaţi, several analysts in the market consider. Some of them think it will take a maximum of flexibility from the state to solve deal with this affair.

Direct foreign investments have an essential contribution to a country's growth and economic development. The local and central public authorities need to be aware of the role of foreign and domestic investments in local and intelligent...

• The Leu gained against the Euro 

The Ministry of Public Finance (MFP) only took into account a small number of the amendments to the fiscal code proposed by foreign investors, even though most of them were considered reasonable, and the consultation process was underwhelming,...

• Angela Merkel says she won"t allow Greece to enter into an "uncontrolled default"  

• The plant has temporarily restricted its operations, operating at 30% capacity 

The excitement of president Traian Băsescu during the meeting with the IMF mission, which came to the Cotroceni palace on Sunday, was due to a mysterious set of measures concocted by the Boc government in the nick of time, which the presidency...

• Unions claim that the Government is planning to do a secret privatization of CFR Călători, after it has announced already that it would sell CFR Marfă  

• The company is getting ready to enter a joint venture with a Romanian civil aviation company 

Wire and electrical cabling producer "Iproeb" Bistriţa (symbol: IPRU on the Rasdaq market) won, in association with several companies, an auction for the reconstruction of an electric line between two power stations in Poland, worth...

Automotive parts manufacturer Mefin - Sinaia has decided to extend the period of technical unemployment by an additional month for 89 employees. The remaining 354 employees will resume production at normal parameters, according to a press...

Alina Toma Vereha

Hidromecanica workers returned to work on Wednesday after three months of technical unemployment under Ordinance 28/2009 regulating fiscal incentives for companies that stop operations for up to three months in any given calendar year.

A.T.

• Mihai Diculoiu: "Petrom is asking for 25 million Euros for Arpechim"s petrochemical division" 

Marilena DINU,

Ovidiu VRÂNCEANU,BraŞov