coronavirus
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Daimler Halts Production Of Transmissions At Its Sebes Plant Amid Coronavirus Outbreak
Daimler said it halted the production of transmission at its Romanian manufacturing plant in Sebes, in the context in which Mercedes-Benz has also halted its car production, against the back...
Benvenuti Says Fashion Retailers Are Affected By Coronavirus Crisis As Much As Restaurants, Coffee Shops
Adrian Cazu, development and retail director of footwear retailer Benvenuti, said it is not very clear what other sectors “qualify” for the measures announced by the government regarding fur...
Romania Declares State of Emergency: Schools Stay Closed, Services and Medicines Prices May Be Capped
Romanian President Klaus Iohannis issued a decree Monday declaring state of emergency for a period of 30 days, allowing authorities to take swift social and economic measures, keeping school...
Coronavirus Effects: Half Of Over 400,000 Corporate Employees In Romania Could Work From Home
Work from home will be tested en-masse in the coming period, as companies urge employees to work from home to avoid crowded space. In case of major real estate deals involving malls, hotels...
Bucharest Stock Exchange Comes Down With Recession Fears
The Bucharest Stock Exchange plunged 7.5% on Monday and Romanian companies lost about 12.7 billion lei (EUR2.63 billion) of their capitalization in the most aggressive trading session since...
PM-Designate: Romania Has the Tools to Handle Economy Amid Coronavirus Crisis
Romania has the resources and fiscal and monetary tools to respond to potential shocks stemming from the coronavirus epidemic and to alleviate its potential negative effects, prime minister...
Romania Suspends Air Traffic to and from Italy to Limit Coronavirus Spreading
Romania's government has decided to shut down all air traffic to and from Italy for two weeks starting Monday in an attempt to limit the spread of the coronavirus, interior minister Marcel V...
KeysFin: Coronavirus Spread Affects Local Importers of Phones, Electronics
China is Romania's seventh largest commercial partner and the coronavirus epidemic mainly affects local businesses importing mainly phones and electronics directly from China, according to a...
Coronavirus Wipes Off RON7.8B Of Romanian Stock Market Capitalization In Three Days
Bucharest Stock Exchange (BVB.RO), the operator of the local capital market, has lost 3.9% since the beginning of the week, as seen in the performance of the main index BET and of the divide...