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Report: Amazon Development Center, HP, Ubisoft Are Romania's Most Wanted Employers
HR

Report: Amazon Development Center, HP, Ubisoft Are Romania's Most Wanted Employers

The most wanted employers in Romania in 2021 are Amazon Development Center (Romania), HP Inc. Romania and Ubisoft, as the IT industry is seen as the most attractive, followed by services, ac...

Oana Gavrila · 19.05.2021 · 13:18 · 1 min
Colliers: Romanian Investment Market Down 42% in 1Q, 2Q Looks Livelier
Real Estate

Colliers: Romanian Investment Market Down 42% in 1Q, 2Q Looks Livelier

First-quarter investments on the Romanian property market declined 42% in annual terms, to EUR85 million euro in Romania, with office assets accounting for around half the transacted volumes...

Oana Gavrila · 18.05.2021 · 13:55 · 3 min
Erste Revises Romania 2021 GDP Growth Forecast to 6.7% from 4.2%
Analysis

Erste Revises Romania 2021 GDP Growth Forecast to 6.7% from 4.2%

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Tuesday revised its forecast for Romania's economic growth to 6.7% for 2021 from a previous estimate of 4.2%, on positive...

Oana Gavrila · 18.05.2021 · 11:18 · 1 min
PM: Romania Posts Fastest Economic Recovery in History
Social/Politics

PM: Romania Posts Fastest Economic Recovery in History

Romania registers the fastest economic recovery in history after the biggest economic crisis of the past hundred years, Romanian prime minister Florin Citu said Tuesday after official data s...

Oana Gavrila · 18.05.2021 · 10:16 · 1 min
PwC: Over 40% of Romanian Companies Expect Pandemic Tax Breaks to Spur New Tax Inspections
Analysis

PwC: Over 40% of Romanian Companies Expect Pandemic Tax Breaks to Spur New Tax Inspections

Over 40% of Romanian companies expect that deferrals and exemptions from tax obligations, technical unemployment benefits and subsidies granted by the state during the health crisis will lea...

Oana Gavrila · 17.05.2021 · 11:52 · 3 min
EY: Over 50% of Employees Globally Would Quit Jobs If Not Given Post-Pandemic Flexibility
HR

EY: Over 50% of Employees Globally Would Quit Jobs If Not Given Post-Pandemic Flexibility

Nine in ten employees want flexibility in where and when they work and given the choice, more than half of employee respondents (54%) would choose flexibility in when they work and 40% want...

Oana Gavrila · 17.05.2021 · 11:43 · 2 min
Franck Neel, OMV Petrom: Black Sea Gas Reserves Total 200B Cubic Meters; Regional Competition Grows
Energy

Franck Neel, OMV Petrom: Black Sea Gas Reserves Total 200B Cubic Meters; Regional Competition Grows

If the offshore law were changed today, OMV Petrom would need around 12 months to prepare for a final investment decision for the exploration of the Neptun Deep block and the first volumes c...

Oana Gavrila · 12.05.2021 · 18:45 · 2 min
EU Commercial Air Transport: No Clear Signs of Recovery in April 2021
Analysis

EU Commercial Air Transport: No Clear Signs of Recovery in April 2021

The air transport industry was directly hit by the pandemic, with the number of flights drastically reduced starting March 2020, and the most recent figures on commercial flights show no cle...

Oana Gavrila · 12.05.2021 · 15:51 · 1 min
EC Lifts Romania's 2021 Economic Growth Projection to 5.1% in Spring Forecast
Macroeconomics

EC Lifts Romania's 2021 Economic Growth Projection to 5.1% in Spring Forecast

Romania's gross domestic product is forecast to grow by 5.1% in real terms in 2021 and by 4.9% in 2022, the European Commission said in its Spring 2021 Economic Forecast released Wednesday.

Oana Gavrila · 12.05.2021 · 14:11 · 1 min