EU recovery money: a missed opportunity for the digital transition
The EU’s pandemic recovery fund, the Recovery and Resilience Facility (RRF), was intended to serve as a transformative driver of the EU’s digital transition, but...
Category : Finance
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Market commentary by eToro analyst for Czech Republic, Pawel Majtkowski
Nvidia’s Results: Good, but Not Enough to Satisfy Investors Investors currently have huge expectations for companies involved in artificial intelligence. Nvidia, whose shares have risen...
Vienna Insurance Group Continues Strong Growth in the First Half of 2024
Positive Outlook Confirmed for 2024 Targets – Gross written premiums increased to EUR 7.9 billion (+7.9%) – Insurance revenues rose to EUR 5.9 billion (+10.0%)...
Germany’s Bosch Group is expanding its activity in Timisoara by creating a new legal entity
Germany’s Bosch Group is expanding its activity in Timisoara by creating a new legal entity Germany’s Bosch Group is expanding its activity in Timisoara...
Fiscal changes effective January 1, 2024: An entrepreneur can own only one microenterprise. RO e-Invoice becomes mandatory for 1.2 million companies
Fiscal changes effective January 1, 2024: RO e-Invoice becomes mandatory for 1.2 million companies “2024 brings significant tax changes in all sectors, and managers and...
Competition Council Initiates Assessment of RINA Group Takeover by Fondo Italiano d’Investimento SGR S.p.A. and Registro Italiano Navale
THE COMPETITION COUNCIL ASSESSES THE TAKEOVER OF RINA GROUP BY FONDO ITALIANO D’INVESTIMENTO SGR S.P.A. AND REGISTRO ITALIANO NAVALE The Competition Council assesses the transaction...
Breaking News: Today, The European Commission approved the amendment of Romania’s National Recovery and Resilience Plan, worth 28.5 billion euros
Today, The European Commission approved the amendment of Romania’s National Recovery and Resilience Plan, worth 28.5 billion euros 21 November 2023 Source: Minister of Investments...
BCR Seed Starter: the first corporate venture capital company launched by a Romanian bank plans to invest EUR 5 million in the local tech start-up ecosystem
BCR Seed Starter: the first corporate venture capital company launched by a Romanian bank plans to invest EUR 5 million in the local tech start-up...
Italy & Romania: Building together – Health Infrastructure
Italy & Romania: Building together – Health Infrastructure È iniziata la conferenza di follow-up dell’iniziativa sulle infrastrutture ICE-OICE-ANCE-ANIE in Romania, dal titolo “Italy & Romania:...
McDonald’s in Swiss Town Accepts Crypto Payments in BTC & USDT
McDonald’s in Swiss Town Accepts Crypto Payments in BTC & USDT In partnership with Go Crypto, Plan ₿ Foundation is enabling bitcoin payments for the...
Are the finances of the EU’s 43 agencies sound?
Are the finances of the EU’s 43 agencies sound? On Thursday 26 October 2023, the European Court of Auditors (ECA) – the EU’s budget watchdog...
Pursuant to the provisions of Law No. 312/2004 on the Statute of the National Bank of Romania
Pursuant to the provisions of Law No. 312/2004 on the Statute of the National Bank of Romania Pursuant to the provisions of Law No. 312/2004 on...
International trade in goods in August and in the period 1.I-31.VIII 2023
International trade in goods in August and in the period 1.I-31.VIII 2023 ▪ In August 2023, the FOB exports amounted to 7079.0 million euro...
Decisions of the Bucharest Stock Exchange Index Committee regarding the adjustment of indices for the special dividend granted by Fondul Proprietatea
Decisions of the Bucharest Stock Exchange Index Committee regarding the adjustment of indices for the special dividend granted by Fondul Proprietatea 8/31/2023 The Bucharest Stock...
ASF: The Bucharest Court confirms the opening of the Euroins Romania bankruptcy procedure. The policies issued by the company, with the exception of the guarantees, are still valid until September 8, 2023
It’s official: Euroins has gone bankrupt. Until what date are the policies still valid? ASF: The Bucharest Court confirms the opening of the Euroins...
PwC survey: Nearly three quarters of Romanian companies have started implementing cloud technology and expect results in the next year
PwC survey: Nearly three quarters of Romanian companies have started implementing cloud technology and expect results in the next year Around three-quarters of Romanian companies...
Omnicredit simplifies the financing process and integrates the automated transmission of account statements with Smart Accounts – the first local Open Banking service authorized by the BNR
Omnicredit simplifies the financing process and integrates the automated transmission of account statements with Smart Accounts – the first local Open Banking service authorized by...
Sphera Franchise Group, double-digit sales growth across brands and markets in Q1 2023
Sphera Franchise Group, double-digit sales growth across brands and markets in Q1 2023 Q1 highlights: Consolidated sales of RON 335.1 million, +20.3% vs. Q1 2022,...
CMS shares ILFR Structured Finance & Securitisation Deal of the Year for Europe win
CMS shares ILFR Structured Finance & Securitisation Deal of the Year for Europe win CMS is delighted to share the honours in the winning...
EY Global Wealth Research Report: European millennials’ appetite for riskier investments in the current volatile market ranks higher than older age groups
EY Global Wealth Research Report: European millennials’ appetite for riskier investments in the current volatile market ranks higher than older age groups European millennial investors’...
Fiscal Administration Agency checking those with online sales over 100,000 euros in 2022
Fiscal Administration Agency checking those with online sales over 100,000 euros in 2022 The National Agency for Fiscal Administration (ANAF) inspectors are checking those who...
Mastercard accelerates sustainable card efforts
Mastercard accelerates sustainable card efforts Newly made payment cards across network to be Card Eco Certified by 2028 Bucharest, 7th April 2023. Mastercard announces...
CITR has completed, in four months, the report on the causes for the largest bankruptcy in Romania’s recent history – City Insurance
The main reasons arise from operational and money management deficiencies A RON 1.2 billion deficit, resulted from selling insurance policies below the notified fee, with the purpose...
Visa calls for standardised seamless, interoperable payments in electric vehicle charging
As part of the conversation on interoperable payments and systems for electric vehicle (EV) charging points, Visa is calling for the industry to embed interoperable...
Mazars publishes its latest Central and Eastern European Tax Guide
Wage levels and labor costs vary significantly in the countries of the region Over the past year, the minimum monthly gross wage has increased in...
Deloitte Survey: New loan disbursements can rebound in 2021, supported by regulatory measures to sustain the lending activity of banks
Banks in Central and Eastern Europe expect new loan disbursements to rebound in 2021, supported by regulatory measures aiming to sustain the lending activity, after...
PayWell 2020 Survey: Private sector gross wages increased by a year-on-year average of 6.79% in the first half of 2020
But such increases are expected to fall to 4.68% in 2021 The gross wages at private companies increased by a year-on-year average of 6.79% in...
Wise Finance solutions: How can large and small companies in Romania benefit from state financial aid
Wise Finance Solutions, a company specialized in consulting services for accessing non-reimbursable financing, is carrying out an analysis of the two aid schemes managed by...
OTP Bank finances local SMEs through the government non-refundable grants program, totalling € 1 billion
OTP Bank Romania has become a partner bank of the grant program implemented by the Ministry of Economy, Energy and Business Environment (MEEMA) for the...