Economics
Private equity fund ROCA Investments had in 2019 an investment return of 57%
April 23, 2020 14:44
ROCA Investments part of Impetum Group, the private equity model that offers capital, partnership and management solutions for consolidating Romanian businesses in difficulty, had in 2019 an investment return of 57%, reaching a value of 74% above t...more »
Banking fraud, AML and KYC compliance in the era of COVID-19
April 23, 2020 14:22
Opinion article by Burcin Atakan, Partner, and Ioana Ungureanu, Manager, Financial Advisory, Deloitte Romania As the new coronavirus continues to spread across the globe, top-down measures are imposed to slow down its effects and minimize potent...more »
How to reduce the fiscal cost during the pandemic
April 23, 2020 14:08
Opinion by Maria Pascu, Senior Direct Taxes Manager, and Anca Preda, Senior Direct Taxes Consultant, Deloitte Romania The negative effects of the declaration of the global pandemic and of the establishment of the state of emergency have already be...more »
The Romanian brewing market remains stable in 2019
April 15, 2020 14:07
The brewing market remained stable for 2019 , with only +0.4% increase and a volume of up to 16.7 million Hl informs the Brewers of Romania Association. “Even with flat volume results in 2019, the beer industry provides, directly and indirectly, a...more »
Employees who work from home appreciate saving time and money, but they lack the interaction with colleagues
April 15, 2020 10:06
The saving of money and time spent in traffic are the main advantages considered by the employees of office buildings that are currently working from home, while the disadvantages mentioned are the lack of direct socialization with the colleagues, ...more »
Automobile Bavaria offers mobility solutions for hospitals in Cluj-Napoca, Craiova and Sibiu
April 15, 2020 09:17
Automobiles Bavaria supports the efforts of medical teams in the fight against the pandemic by offering electric cars and charging stations to medical teams. "In order to support the mobility needs for hospitals in the cities in which we are prese...more »
Primary energy resources decreased by 2%, in the first two months of 2020, and those of electricity increased by 2.1%, compared to the same period of 2019
April 13, 2020 10:43
In the period the first of January 2020 to February 29 2020, the primary energy resources decreased by 2.0%, and those of electricity increased by 2.1%, compared to the same period of the previous year shows data presented by the national Institute...more »
Heading towards a sudden global surge in business insolvencies
April 13, 2020 09:34
In this context, Coface forecasts that 2020 will see the global economy’s first recession since 2009, with a growth rate of -1.3% (after +2.5% in 2019). Coface also expects recessions in 68 countries (vs only 11 last year), world trade to fall by 4.3% this year (after a -0.4% drop in 2019), and a 25% worldwide increase in business failures (compared to our previous January forecast of +2%)....more »
Automobile Dacia will resume production in Romania starting April 21
April 10, 2020 13:00
Starting with April 21, the production activities of the two Dacia plants in Romania will be resumed on a voluntary basis in a reduced work team and from May 4, the activities of both plants will be restarted in full work capacity.Automobile Dacia in...more »
The annual rate of inflation remained at 3% in March
April 10, 2020 12:40
The annual rate of inflation remained at 3% in March of this year, given that foodstuffs increased by 5.11%, services by 3.8%, and non-foodstuffs by 1.39%, according to the data published by the National Institute of Statistics (INS). Consumer pri...more »
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