impact

The National Institute of Statistics has surveyed, as a first, the impact the novel Coronavirus is having on the Romanian economy. Data revealed there is currently a great incertitude on the local market, with one manager in five saying…

The package of measures announced by the Government to help companies and employees affected by the new coronavirus epidemic is exceeding RON 30 billion (over EUR 6 billion), which means over 2 percent of GDP, said the Head of the PM's…

President Klaus Iohannis has signed the decree promulgating the Public Pensions Law, says a Presidency press release on Monday. The law has been adopted at the last minute by the Chamber of Deputies in the last week of the parliamentary…

In a letter addressed to the Parliament speakers, Calin Popescu Tariceanu and Liviu Dragnea, and to the chairmen of the legal committees in the Senate and the Chamber of Deputies, as well as to Florin Iordache, chairman of the special…

Finance Minister Eugen Teodorovici told TVR public broadcaster on Tuesday evening that the minimum wage might be increased before January 1, 2019 up to RON 2,050. "There are chances. This analysis is under way at the Finance Ministry,"…

NESsT Romania Foundation, in partnership with UniCredit Foundation, UniCredit Bank and UniCredit Services, rewards the winners of the "The Power of Social Enterprises – Strategic Financial and Capacity Building Support Program for High…

Millennials have become more skeptical overall of business’ motivation and ethics and also of the political leaders’ positive impact on society, according to Deloitte’s Millennial Survey 2018 that records a sharp turn of the views expressed…

The total area of land traded in Bucharest last year reached 116 hectares, the highest volume recorded over the past 10 years, according to Cushman & Wakefield Echinox. The value of these land transactions is estimated at EUR 216…

Romanian real estate developer Impact is investing EUR 68 million in a project with 630 apartments - Luxuria Domenii Residence, on the 2.5 ha plot bought this summer in the Expozitiei Boulevard in Bucharest. According to a press release,…

Impact Developer & Contractor will develop a new residential community of more than 600 apartments in the Northern area of the capital, a press release informs. In this respect, the first private real estate developer bought a…