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COVID 19

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Mercer Marsh Poll: Increase In COVID-19 Cases Changes Types Of Employee Benefits; Average Wage Raise At 5% In 2020
Companies

Mercer Marsh Poll: Increase In COVID-19 Cases Changes Types Of Employee Benefits; Average Wage Raise At 5% In 2020

Changes on the labor market in the context of the COVID-19 pandemic have also altered companies’ policy on extra-salary employee benefits packages, and a growing number of companies are look...

Ecaterina Craciun · 13.07.2020 · 19:53 · 2 min
PwC Survey: 60% of CFOs Globally Worry about Economic Downturn
Analysis

PwC Survey: 60% of CFOs Globally Worry about Economic Downturn

The top concern of CFOs as they implement return-to-work plans plans is the impact of a global economic downturn (60%), but an almost equally high number are worried about a new wave of infe...

Oana Gavrila · 18.06.2020 · 12:18 · 2 min
PwC Survey: Two Thirds of Global CFOs Confident They Can Meet Safety Expectations
Companies

PwC Survey: Two Thirds of Global CFOs Confident They Can Meet Safety Expectations

As worksites reopen, 75% of CFOs feel very confident they can meet customers’ safety expectations, and 70% are very confident they can provide a safe working environment for employees, but j...

Oana Gavrila · 22.05.2020 · 11:12 · 1 min
Nielsen: FMCG Sales Grew 80% Before Lockdown, Financial Pressure Starts to Loom
Retail&Consumer

Nielsen: FMCG Sales Grew 80% Before Lockdown, Financial Pressure Starts to Loom

Sales of fast moving consumer goods grew a spectacular 80% the week Romania announced it would enter a state of emergency but the first signs of financial pressure that will lead to changes...

Oana Gavrila · 19.05.2020 · 10:59 · 2 min
Hilton Hotels Management Expects 80% Drop in Travel Industry This Year
Retail&Consumer

Hilton Hotels Management Expects 80% Drop in Travel Industry This Year

Apex Alliance Hotel Management, which manages three hotels inBucharest - Hilton Garden Inn Old Town, Hilton Garden Inn Bucharest Airport and Courtyard by Marriott Bucharest Floreasca – will...

Oana Gavrila · 08.05.2020 · 11:50 · 1 min
CBRE: Investment Volume in Romania to Return Above EUR1B in 2021
Real Estate

CBRE: Investment Volume in Romania to Return Above EUR1B in 2021

The total investment volume in Romania's property market in 2020 will be 50% lower than anticipated before the Covid-19 outbreak and a return above the EUR1 billion mark will likely occur in...

Oana Gavrila · 30.04.2020 · 17:23 · 1 min
Automotive Wiring Manufacturer Fujikura To Make Face Shields For Doctors In Romania
Automotive

Automotive Wiring Manufacturer Fujikura To Make Face Shields For Doctors In Romania

Automotive wiring manufacturer Fujikura Automotive Romania, the local subsidiary of the Japanese Fujikura group, has started production of face shields doctors need in their fight against th...

Loredana Frățilă-Cristescu · 08.04.2020 · 09:00 · 1 min
Nuclearelectrica Postpones Planned Outage Of Cernavoda Unit 1 Due To COVID-19 Pandemic
Energy

Nuclearelectrica Postpones Planned Outage Of Cernavoda Unit 1 Due To COVID-19 Pandemic

Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) on Tuesday said it has decided to postpone the scheduled outage of Unit 1 of the power plant in Cernavoda, due to the current...

Ecaterina Craciun · 07.04.2020 · 20:29 · 1 min
Banca Transilvania Expects Romanian Economy To Feel Pandemic Shock in March-May
Analysis

Banca Transilvania Expects Romanian Economy To Feel Pandemic Shock in March-May

Romania's economy could feel the biggest shock of the Covid-19 pandemic in the March-May 2020 period, said Andrei Radulescu, chief macroeconomic analyst at Banca Transilvania.

Oana Gavrila · 07.04.2020 · 12:23 · 1 min