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coronavirus

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Horváth & Partners: Some 150,000 Firms In Romania May Go Bankrupt Due To COVID-19 Crisis Over The Next Year
Companies

Horváth & Partners: Some 150,000 Firms In Romania May Go Bankrupt Due To COVID-19 Crisis Over The Next Year

Nearly 150,000 firms in Romania could go bankrupt due to the economic crisis caused by the COVID-19 pandemic over the next year, judging by the situation caused by the previous financial cri...

Ecaterina Craciun · 13.04.2020 · 13:35 · 1 min
BestJobs: A Quarter Of Romanian Employees Left Jobless Or Put On Furlough Amid COVID-19 Crisis
Social/Politics

BestJobs: A Quarter Of Romanian Employees Left Jobless Or Put On Furlough Amid COVID-19 Crisis

One in ten Romanian employees participating in a poll by recruiting platform BestJobs said they lost their jobs and approximately 15% were put on furlough, while 16% have reduced salaries.

Ecaterina Craciun · 13.04.2020 · 12:07 · 1 min
Medlife To Open Its 2nd Coronavirus Testing Lab, In Sfantu Gheorghe; Seeks To Open 3rd Unit In Timisoara
Health

Medlife To Open Its 2nd Coronavirus Testing Lab, In Sfantu Gheorghe; Seeks To Open 3rd Unit In Timisoara

MedLife, the largest provider of private medical services in Romania, will be opening its second Real Time PCR laboratory for coronavirus tracking and testing, early next week, in Sfantu Ghe...

Ecaterina Craciun · 10.04.2020 · 13:43 · 1 min
Large Firms In Romania Urge Govt To Turn To IMF To Overcome Covid-19 Crisis: Economy Needs Nearly EUR30B Support
Companies

Large Firms In Romania Urge Govt To Turn To IMF To Overcome Covid-19 Crisis: Economy Needs Nearly EUR30B Support

Several organizations in the Romanian business environment, among which Romanian Business Leaders, the National Council of Romanian Small and Medium-sized Enterprises, the Romanian-German Ch...

Ecaterina Craciun · 07.04.2020 · 14:27 · 1 min
Eurostat: Romania’s Calarasi, Ialomita Place 3rd, 7th In European Top Of Agriculture’s Share In Local Economy
Social/Politics

Eurostat: Romania’s Calarasi, Ialomita Place 3rd, 7th In European Top Of Agriculture’s Share In Local Economy

Romanian counties of Calarasi and Ialomita are ranked among top European regions regarding the share held by agriculture in the region’s gross value added, placing third and seventh in the E...

Ecaterina Craciun · 06.04.2020 · 17:02 · 2 min
Romradiatoare Brasov Expects 20% Decline In Turnover In 2020 Amid Coronavirus Crisis
Companies

Romradiatoare Brasov Expects 20% Decline In Turnover In 2020 Amid Coronavirus Crisis

Romanian electrical components manufacturer Romradiatoare Brasov (RRD.RO) expects a 19.5% decline in turnover in 2020, in the context of the COVID-19 pandemic.

Ecaterina Craciun · 03.04.2020 · 11:21 · 1 min
MKOR Consulting: One In Four Romanians Face Pay Cuts Since Start Of Coronavirus Crisis
Analysis

MKOR Consulting: One In Four Romanians Face Pay Cuts Since Start Of Coronavirus Crisis

After less than three weeks since the start of the coronavirus crisis, almost one in four Romanians already faced pay cuts, according to a survey by research firm MKOR Consulting.

Ecaterina Craciun · 02.04.2020 · 12:41 · 1 min
Edelman: Consumers Expect Companies To Find Solutions To Coronavirus-Led Crisis
Companies

Edelman: Consumers Expect Companies To Find Solutions To Coronavirus-Led Crisis

Companies must come up with solutions to help address the societal challenges posed by Covid-19, instead of selling passion or image, and brands play a critical role during this period, as t...

Ecaterina Craciun · 01.04.2020 · 14:35 · 2 min
Analysis: Number Of Newly Established Firms In Romania Plunges 69% In Last 2 Weeks Amid Coronavirus Crisis
Companies

Analysis: Number Of Newly Established Firms In Romania Plunges 69% In Last 2 Weeks Amid Coronavirus Crisis

The number of companies newly established in Romania plunged 69% between March 16 and 30, 2020 compared to the first half of the month and to the same period in 2019, in the context of the s...

Ecaterina Craciun · 30.03.2020 · 14:49 · 1 min