Crypto-risks
Foto: denisismagilov / depositphotos.com A Latin American country – the Republic of El Salvador – staked its economic salvage on a cryptocurrency (bitcoin), but President Nayib Bukele saw more than 55% of his bailout crumble this summer as the price of bitcoin plummeted. Country’s debt skyrocketed to 90% of GDP, as well as the fear […]
Volatility In Natural Gas Prices
The European Union Council states in its online portal that starting from the second half of 2021 there has been a sharp jump in energy prices in the EU and around the world. This situation was expected, to some extent, in the context of the post-COVID-19 economic recovery and the easing of travel restrictions, but […]
Lost opportunities
Foto: snapgalleria / depositphotos.com Summer is upon us and with it a total chaos in the tourism sector with its connected businesses like transport and HORECA. It is an exceptional situation at a global level, not confined to any individual market. For companies involved in the travel business, what’s happening is a nightmare. After two […]
About a world record
It happened, a new record was set for the amount paid to buy a car. A Mercedes-Benz 300 SLR Uhlenhaut Coupé was awarded in a tender for 135 million euro. Recently I made the inventory, in these pages, of the most expensive cars in the history of humanity. Obviously, based on those transactions that were […]
International uncertainty is felt on the Bucharest Stock Exchange: more transactions, but lower trading value
The volatility in international capital markets also manifested itself in Romania, as investors reanalyzed the risks generated by the current context. On the Bucharest Stock Exchange (BVB), more transactions were made last month when compared to May 2021, but against the background of smaller volumes. Thus, almost 118,000 transactions were made last month on BVB, […]
Conference on the future of ecotourism brings together stakeholders from Austria and Romania
Investories ADVANTAGE AUSTRIA Charlie OTTLEY și Gerd BOMMER On June 21, 2022, ADVANTAGE AUSTRIA Romania and the AUSTRIAN EMBASSY in Romania, in cooperation with AER – Romanian Association of Ecotourism, organized the conference “The Future of Ecotourism | Romania 2022” in Zăbala, Covasna County. The event is part of the global business outreach ReFocus Austria, […]
Ana Maria Doxan, Business Executive Officer Nespresso: We continue to strengthen our footprint in the cities where we already have outlets and continuously invest in new e-commerce and delivery services
Ana Maria Doxan started her professional career at Nestlé as a student, 18 years ago, with an internship in the Corporate Communications department at the Swiss offices. In 2005, she joined the Nestlé Romania team, in the Beverages Division, and over the years has led large-scale projects such as the launch of the Nescafé Dolce […]
The world of work will be different
Foto: huhulin / depositphotos.com From the very beginning of the pandemic, a report by the International Labor Organization (ILO) warned that the labor market would be so distorted, that it would hardly recover in 2023. Obviously, the ILO experts put the blame on the pandemic for the labor crisis, stressing that the job losses destroyed […]
ORTEC – Partner in data-driven decision-making
Valentin Marica, Managing Director ORTEC CEE Improving the world using our passion for mathematics In today’s data-driven and complex world, it is key to continuously adapt to the rapidly changing environment. But how to optimize business decisions under changing circumstances? At ORTEC, we support organizations in making better business decisions by leveraging data and applied […]
Home office is killing company culture
Foto: 06photo / depositphotos.com During the pandemic, we discovered working from home. Meetings were held digitally, and physical meetings were the exception. Now, after Corona, we witness a vivid discussion about how many days a week employees should come back to the office. Enthusiasm for returning to the old style of working in offices is […]