Business

A new Siemens factory, digitalized, based on artificial intelligence, and carbon-neutral, will be built in Sibiu by 2028. The factory will mainly produce various types of switches and electronic circuit…

Political uncertainties increase the likelihood of fiscal slippages, with a budget deficit exceeding the announced target, and put pressure on Romania’s local currency bonds, warn Citigroup analysts. The domestic government…

Tim Cook will step down as Apple’s CEO at the beginning of September, after over a decade and a half at the helm of the American giant. The change marks…

The exit of the PSD from the government risks seriously complicating Romania’s economic and political situation, but it is not a total surprise, says the President of the Fiscal Council,…

The war in Iran and tensions in the global oil market are starting to be felt directly in passengers’ pockets. The cost of long-distance flights from Europe is increasing by…

The USA-Israel war against Iran is generating the most severe energy crisis in world history, stated the head of the International Energy Agency, an institution that advises 32 countries on…

BNR Governor, Mugur Isărescu, warns that financial stability is essential, even if the public seems to have „grown tired” of this repeated message. Isărescu emphasized, at the opening of the…

Romania faces a negative reaction from investors and rating agencies due to the new political tensions in Bucharest. An analysis by Bloomberg shows that political instability comes at a critical…

Minister of Finance, Alexandru Nazare, announces that the official visit to the United States, which lasted nearly a week, concludes with „concrete results,” including financing of approximately 2 billion euros…

Vice Prime Minister Oana Gheorghiu argues that the Romanian state continues to pay for a destroyed infrastructure and a company that, in reality, has not existed for almost 20 years.…

European governments should not overly protect companies and consumers from higher energy prices, as this distorts the price signal that should lead to reduced consumption and could become very costly…

The European Commission has opened an in-depth investigation to analyze whether the financial support that Romania is preparing for the refurbishment and extension of the lifespan of reactor 1 at…

Romania cannot adopt the euro without budget discipline and low inflation, and the current issues are more related to internal economic policy errors rather than the fact that we are…

Steel represents one of Ukraine’s main sources of export revenue, but it is affected by the carbon tariffs imposed by Europe. Ukrainian steel producers say that the new carbon tax…

The escalation of the war in Iran risks plunging the global economy into a recession, warns the International Monetary Fund. Moreover, major players in financial markets say that a critical…

Major European airlines urge the European Union to urgently intervene to manage the effects of the war in Iran, warning of the risk of a jet fuel crisis for planes.…

The war in Iran has led to a significant increase in Russia’s revenues from oil exports, amid the global rise in oil prices and the redirection of demand to other…

Romania has become, in recent years, an increasingly important client for major international investment banks, against the backdrop of high deficits and rising public debt. In this context, American financial…

The Competition Council has authorized the transaction through which UMB Steel, a company controlled by businessman Dorinel Umbrărescu, acquires the assets of the ArcelorMittal Hunedoara plant. The institution concluded that…

Prime Minister Ilie Bolojan, alongside Energy Minister Bogdan Ivan, presented on Wednesday the main directions of reform in the energy sector during a press conference focused on investments and price…