2020

The latest Coface Romania study shows that in 2021, 6,113 new insolvency proceedings were opened, up by 10% compared to the previous year, but still below the level registered before the local impact of the Covid-19 pandemic. The losses of…

The net flow of foreign direct investment (FDI) in Romania in 2020 exceeded 3 billion euros, according to data submitted on Thursday by the National Bank of Romania, which, in cooperation with the National Institute of Statistics, conducted…

Businesses and entrepreneurs alike understand that the best investment opportunities are not always in their home country, so they pursue worthwhile investments in foreign countries. Known as inward foreign direct investment (FDI), it can…

UiPath Foundation launches the 2020 activity report, presenting the stories and the results of the educational programs carried out in vulnerable communities from Romania and India, as well as the foundation's response to the challenges of…

The top five largest companies and the group of companies specialized in consultancy services to attract European funds and state aid experienced a fast-track increase in financial performance during 2020, also marking developments of more…

Approximately 80% of students in Romania say 2020 was a poor year in terms of career opportunities, with 52% not receiving a job offer in 2020, according to a survey conducted by Undelucram.ro, an online community of employees in Romania.…

Romanian young doctor Cătălin Denciu,who jumped into a raging fire burst into the County Hospital of Piatra Neamt in November 2020, to save his patients, was declared "Hero of the Year 2020" in Belgium, where he had been transferred to…

Brewers of Romania Association informs about the evolution of the brewing market last year: The brewing market remained stable, with +0.5% increase and a volume of up to 16.75 million Hl In Covid-19 context, Romanians preferred one…

Raiffeisen Bank ended 2020 with a good financial performance, obtaining a net profit of 644 million lei, 17% lower than in 2019. This decrease was recorded, on the one hand, due to the evolution of the economy in a pandemic year, but also…

In the fourth quarter of 2020, seasonally adjusted GDP decreased by 0.7% in the euro area and by 0.5% in the EU compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the  European…