Economics
September 01, 2020 11:26
The role that sustainability has in the development strategy of companies is starting to become better defined at the management level, whether it is about managing the general impact that the company's activity has, or about creating long-term value...more »
August 28, 2020 06:32
The office market in Bucharest and in the major regional cities - Cluj-Napoca, Timișoara, Iași and Brașov - continues to develop, with local and foreign investors having projects under construction or scheduled for delivery with an area of appro...more »
August 27, 2020 18:09
OMV Petrom, the largest energy company in Southeast Europe and Auchan Retail Romania, the Romanian subsidiary of Auchan Retail, one of the world's largest food trade groups, announces agreement to expand partnership to open convenience stores MyAuc...more »
August 27, 2020 17:53
Sphera Franchise Group reports consolidated sales of RON 304.6 million in H1, representing a decrease of 31.6% compared to the same period of last year. The Group’s consolidated sales in Q2 registered a 54% drop compared to Q2 2019, reaching RON ...more »
August 27, 2020 06:51
Any company with a 70,000 euro profit in the last two years can access the maximum grant of 200,000 euro offered by the Romanian Government with EU Funds through Action 3 of the Support Scheme “Grants for investments”. Moreover, new eligible ac...more »
August 24, 2020 17:14
The Kazakh-Romanian Energy Investment Fund (FIEKR) signed with Calik Enerji (Turkey) the EPC (Engineering, Procurement and Construction) contract for the turnkey construction of the cogeneration plant on the Petromidia platform. FIEKR is owned by K...more »
August 24, 2020 16:24
The impact of the COVID-19 pandemic continued to play a significant role in declining IPO activity in the first half of 2020 – as shown in the quarterly report EY - Global IPO trends: Q2 2020. Overall, Q2 2020 saw a decline in IPO activity fro...more »
August 21, 2020 09:28
Courier service company Sameday accelerates the pace of expansion of the easybox lockers network nationwide and aims to reach 1,000 units by the end of the year. With around 600 lockers already installed, Sameday currently has the largest network i...more »
August 14, 2020 17:43
Rompetrol Rafinare, a member company of the KMG International Group, recorded declining financial results in the first half of 2020, due to unprecedented volatility in the oil market, but also the impact generated by the influences of COVID-19 on the...more »
August 14, 2020 17:16
Stratulat Albulescu has successfully represented Compania Romprest Service S.A. (“Romprest”), one of the Romanian leaders in waste management, in obtaining a landmark decision by the Bucharest Court of Appeal, with the annulment of the minutes and corresponding Decision for ascertaining the irregularities and establishing the budgetary receivables issued in 2018 based on AMPOSDRU financing agreement, and with the obligation of the defendant, namely Ministry of European Funds, to reimburse the plaintiff the amount of LEI 4,724,889.90 (EUR 973,935.41), as well as to pay the plaintiff the related legal interest, starting with the date of filing the lawsuit, namely 9 February 2018, until the date of actual payment....more »
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