COVID 19
32 articole · RSS
Power Consumption To Go Down 10% In April And May, Worst Decline Since 2009
With almost 250,000 people furloughed and the automotive industry, the pillar of the Romanian exports, shut down due to the COVID-19 pandemic, the power consumption has dropped and only the...
Autoliv Cuts Expenses and Part of Employee Benefits to Cope with Coronavirus Crisis
Car safety systems manufacturer Autoliv Romania, the local subsidiary of the Swedish group Autoliv, said Thursday it has temporarily suspended all non-essential expenses and part of the bene...
ING Bank, NGO Partners Unveil EUR330,000 Donation To Mitigate Effects Of COVID-19 Outbreak
ING Bank Romania, alongside NGO (non-governmental organizations) partners, is announcing a donation of EUR330,000 which targets the acquisition of protective gear and tests for public hospit...
Banca Transilvania Donates EUR665,000 to Hospitals Fighting Covid-19
Banca Transilvania, Romania's largest lender by assets, has donated EUR665,000 so far to more than 30 hospital sin the country fighting the Covid-19 pandemic.
Central Bank Gov Says Peak Tension Caused by Covid-19 Crisis in Finance Has Passed
The peak tensions generated by the Covid-19 crisis in the monetary, banking and financial sectors has been overcome and cash withdrawals have dropped significantly in recent days after a rec...
KeysFin: Romanian Pharmaceutical Industry To See Record Sales Due to Pandemic
The Romanian pharmaceutical industry will see record sales in 2020 on increased demand prompted by the coronavirus pandemic, according to KeysFin estimates.
Cristian Erbasu, Constructii Erbasu: Infrastructure Investments Have Always Been The Solution In Times Of Crisis
Investments in general and especially infrastructure investments are the solutions the government should use to overcome the crisis caused by the COVID-19 epidemic in Romania, believes busin...
Purcari Lowers Management Salaries to Support Lower Income Employees
Winemaker Purcari (WINE.RO) said Tuesday it has contributed RON0.5 million towards a fund dedicated to combating COVID-19 in Moldova and Romania and its management team has accepted salary c...
Sphera Group Says Has Enough Liquidity to Recover after Crisis
Sphera Franchise Group’s consolidated restaurant sales have dropped by approximately 33% on year during the March 1-22 period and by approximately 75% on year during the March 16-22 period,...