The spot market of the OPCOM stock exchange registered a decrease of 36.5% in April compared to March, according to the monthly reports published by them, but the total value of transactions in April 2022 was 1.781 billion lei, increasing by 132% compared to the same month last year. Consequently, the average price for electricity in April was 861 lei per MWh, compared to 1,356 lei per MWh in March. However, compared to April 2021, the quotation is 178% higher.
Few concrete, real steps I have seen. The BMW Group sees sustainable development and resource efficiency as core themes of the company strategic direction. In other words, the BMW Group is the first manufacturer to introduce sustainability criteria in its management evaluation. Not only the sales and profitability top management objectives matter, but also environment protection/sustainability has been added as a major objective.
In terms of quality of life, municipal infrastructure and social innovation, Vienna is one of the most successful cities in the world, according to a report of the European Investmentbank. And Vienna is growing! Around three million people will live in the metropolitan area in the medium term. The need for work, living space, energy and modern infrastructure is increasing. But in addition to globalization and digital transformation, the climate crisis and increasingly scarce natural resources are challenging cities in the 21st century
The economic relations between Romania and Austria represent an impressive success story, which was only briefly interrupted during the pandemic in 2020. In 2021, the bilateral trade volume of EUR 5.1 billion exceeded the five-billion-Euro-mark for the first time, 27.2 % above the previous record set in 2019.The economic relations between Romania and Austria represent an impressive success story, which was only briefly interrupted during the pandemic in 2020. In 2021, the bilateral trade volume of EUR 5.1 billion exceeded the five-billion-Euro-mark for the first time, 27.2 % above the previous record set in 2019.
The Romanian capital market has been characterized by resilience to uncertainties and has brought significant potential benefits to investors who have chosen to place their savings in the financial instruments listed on the Bucharest Stock Exchange.
So, it happens. Under the specter of Russia’s war on Ukraine, Europe is starting to think the hitherto unthinkable and break away from oil and gas imports that were and still are financing the Russian war machine. In late March, US-President Joe Biden and European Commission President Ursula von der Leyen announced a joint Task Force to deal with reducing Europe’s dependence on Russian fossil fuels and strengthen European energy security. The US will work with international partners and strive to ensure additional liquefied natural gas (LNG) volumes for the EU market of at least 15 billion cubic meter in 2022, the White House announced.
Medical technology and life sciences are among the most important economic sectors of the 21st century. Demographic developments, medical progress and the challenge of integrating constant innovation are boosting demand for new solutions in the healthcare and medical technology sectors, and digitalization in particular has been playing a significant role for some years now.
The volatility in the international markets also spilled over to the Romanian capital market in January, and the investment activity intensified against the backdrop of the escalation of the international uncertainties. The factors that decisively influenced the capital markets in January included an update in the investment strategies after a record-breaking 2021, which resulted in a recalibration of previously held positions by investors, an escalation of events on the tense situation in Ukraine, and a reanalysis of investors’ expectations regarding an increased inflation rate and the anticipation of the central banks’ direction to increase the key interest rate.