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AmCham Survey: 50% Of Responding Companies Expect To Conclude FY 2020 With Lower Revenues
Companies

AmCham Survey: 50% Of Responding Companies Expect To Conclude FY 2020 With Lower Revenues

Approximately 50% of companies participating in AmCham Business Barometer Survey expect to conclude FY 2020 with lower revenues, number of employees and lower investments compared with FY 20...

Ecaterina Craciun · 06.07.2020 · 16:09 · 4 min
Raiffeisen Bank Approves 1,000 Loans Worth RON500M Via IMM Invest Romania Program
Banks-Insurance

Raiffeisen Bank Approves 1,000 Loans Worth RON500M Via IMM Invest Romania Program

Raiffeisen Bank has approved 1,000 loans through the IMM Invest government program, in the amount of RON500 million.

Ecaterina Craciun · 02.07.2020 · 13:19 · 1 min
Romania Economic Relaunch Plan: EUR25,000 Grants For Companies, EUR500/Employee For Telework
Companies

Romania Economic Relaunch Plan: EUR25,000 Grants For Companies, EUR500/Employee For Telework

The economic relaunch plan proposed by Romania’s liberal government stipulates grants worth EUR25,000 for companies hiring youths and the stimulation of telework by granting EUR500 to each e...

Ecaterina Craciun · 01.07.2020 · 13:46 · 1 min
KeysFin: Number Of Firms Suspended, Insolvent Or Deregistered In Romania Drops In Jan-April 2020
Companies

KeysFin: Number Of Firms Suspended, Insolvent Or Deregistered In Romania Drops In Jan-April 2020

The number of companies suspended, insolvent or deregistered in Romania decreased in January-April 2020, compared with the same period in 2019, per a new KeysFin survey, Quarterly Macro Upda...

Ecaterina Craciun · 03.06.2020 · 20:55 · 2 min
CITR: Companies In Romania Face Liquidity Crisis, Coronavirus-Led Crisis
Companies

CITR: Companies In Romania Face Liquidity Crisis, Coronavirus-Led Crisis

Nearly 70% of companies in Romania access insolvency three years after the start of the state of difficulty, significantly reducing their chance of business revival, according to insolvency...

Ecaterina Craciun · 02.06.2020 · 21:34 · 1 min
DocProcess Teams Up With PwC Romania To Support Companies In Digitization Process
Companies

DocProcess Teams Up With PwC Romania To Support Companies In Digitization Process

Romanian-held operational process automation company DocProcess and the technology consulting department of PwC Romania form a strategic partnership to assist companies throughout the proces...

Ecaterina Craciun · 13.05.2020 · 14:46 · 2 min
PwC Survey: 47% of Companies Plan to Make Remote Work a Permanent Option
Companies

PwC Survey: 47% of Companies Plan to Make Remote Work a Permanent Option

As companies consider when and how to reopen work sites, 64% plan to change safety measures and requirements and 46% plan to accelerate automation and other new ways of working, a global sur...

Oana Gavrila · 05.05.2020 · 11:20 · 1 min
C&W Echinox: Firms Seek To Offer Greater Workplace Flexibility To Employees As Social Distancing Rules Ease
Companies

C&W Echinox: Firms Seek To Offer Greater Workplace Flexibility To Employees As Social Distancing Rules Ease

Romania's capital city of Bucharest and its large university centers, such as Cluj-Napoca, Timisoara, Iasi, Brasov and Craiova, are well-positioned to attract new businesses in the field of...

Ecaterina Craciun · 29.04.2020 · 13:18 · 2 min
BRD Groupe Société Générale Expects To Grant RON1.38B Loans Via IMM Invest Romania Program In 2020
Banks-Insurance

BRD Groupe Société Générale Expects To Grant RON1.38B Loans Via IMM Invest Romania Program In 2020

BRD Groupe Société Générale expects to grant financing of RON1.38 billion in 2020 through the IMM Invest Romania government program aimed at supporting companies in financial distress due to...

Ecaterina Craciun · 23.04.2020 · 20:08 · 1 min