CRISIS
105 articole · RSS
Liberty Galati Crisis Widens
The restructuring plan of Liberty Galati, which would have allowed the sale of the steel plant to a strategic investor, has not been voted on after the meeting of the interministerial committee was canceled.
Industry Decline Drives Owners to Put Hotels in Bucharest Up for Sale
Bucharest’s hotel industry has been badly hurt by the crisis and one thing that shows it is the 17 for sale ads for hotels, according to real estate classifieds website imobiliare.ro, one of...
Romania’s Video Game Developer Industry Unaffected By COVID-19 Crisis
The video game developer industry in Romania has overcome more easily the challenges generated by the COVID-19 crisis, as the development plans of some firms were neither canceled nor halted...
BCG: COVID-19 Crisis May Trigger Up To RON67B Sales Loss, Push EBIDTA Into Negative Territory In Auto Industry
The COVID-19 crisis may generate sales loss of up to RON67 billion and push the EBITDA into negative territory, by reducing it to RON19 billion, in the Romanian automotive industry, as per a...
Mercer Marsh Poll: Just 17% of Companies Froze Salaries, 3% Considering Cuts
Over half of the 160 companies polled by Mercer Marsh Benefits in Romania halted office activity, 17% froze salaries, 3% are considering salary cuts and 60% have already raised wages this ye...
Leroy Merlin Romania CEO: Return To Normal Will Take A Longer Period of Time
Frédéric Lamy, CEO of do-it-yourself retailer Leroy Merlin Romania, on Wednesday said this period will deeply change consumer behavior and people’s and companies’ way of thinking must change...
Decathlon CEO: Crisis Must Be Seen As Opportunity To Cut Red Tape, Speed Up Digitalization Of Public Institutions
Jean-Francois Mace, CEO of sporting goods retailer Decathlon, on Wednesday said the current coronavirus-led crisis must be seen by authorities and not only, as an opportunity to reduce burea...
Ioan Filip, Taparo: The Crisis Forces Us To Readapt Our Businesses
Ioan Filip, the founder of Romanian-held furniture manufacturing group Taparo, believes the present moment forces many companies to readapt their business in order to survive. To this end, T...
Survey: Romania Risks Collapsing Like A Sandcastle On Lack Of Concrete Solutions To Coronavirus-led Crisis
The Romanian economy risks collapsing like a sandcastle, as the authorities delay coming up with concrete solutions to the unprecedented crisis caused by the coronavirus pandemic, according...