COVID 19
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EY: Europe’s Attractiveness For FDI Showed Signs Of Recovery After COVID-19 Pandemic
Europe’s attractiveness for foreign direct investment (FDI) has shown signs of recovery following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, according to the latest annual EY European Attractiveness S...
OK Medical Saw Turnover Soar To RON42M in 2020 from RON6M in 2019
OK Medical, a network of Covid-19 sample collecting centres, in 2020 reached turnover of RON42.6 million, up from almost RON6 million in 2019, according to Finance Ministry data.
Seven In Ten Romanian Tech Startups Hit By COVID-19, Survey Shows
Some 70% of Romanian technology startups were affected by the COVID-19 pandemic and the average revenues of this type of business reach EUR150,000 countrywide, with a seniority below four ye...
2020, a Year Marked by an Unprecedented Crisis
End of a decade. The crisis caused by the COVID-19 pandemic not only marks 2020, but also leaves its mark on the entire decade that is ending, as well as on the first few years of the coming...
DDS Diagnostic Invests Over EUR200,000 in Production of COVID-19 Antigen Tests
DDS Diagnostic, a Romanian company established in 2002 and specializing in in-vitro diagnostic, is making COVID-19 antigen tests in its own plant, following a more than EUR200,000 investment...
EIB Grants EUR190M Support for Romanian Companies Most Impacted by COVID-19
The European Investment Bank (EIB) said Thursday it was granting EUR190 million support to Romanian companies in manufacturing, commerce, agriculture and tourism, sectors that were hardest h...
Romania Gets EUR4B Loan from EU to Protect Citizens Affected by COVID 19
Romania is borrowing EUR4 billion from the European Union to protect citizens affected by the COVID 19 crisis. The government will use the money to implement protective measures adopted sinc...
25 Private Labs Doing COVID-19 Testing Posted Over RON2.5B Revenue in 2019
The about 25 private labs that Romania’s Health Ministry authorized to process tests for patients seeking to check whether they have COVID-19 or not generated 2.5 billion lei revenue in 2019...
Iorgu, CBRE Romania: COVID-19 Pandemic Takes Office Space Transactions To Five-Year Low In Q2/2020
Large companies in Romania have avoided concluding new office space contracts in the first half of 2020, against the backdrop of the COVID-19 pandemic and the state of emergency, but consult...