Risks, regulations and cryptocurrencies
Foto: maloha13 / depositphotos.com Cryptocurrencies are digital money created by a programming code. A cryptocurrency is not issued by a bank or central authority and it is therefore virtually immune to any governmental manipulation or any interference by any state authority. This time however, the lack of regulation does not offer absolute freedoms to the […]
Going from entreprenorial to corporate – What a challenge!
Foto: kchungtw / depositphotos.com Many international companies have started their activity in Romania with a local representation and local management, especially in the `90s. It was the easiest way to develop the markets without too much involvement. Local Managers were often (and sometimes still are) self-made leaders with a way of their own. Because of […]
Romanian companies listed on the Bucharest Stock Exchange reach record highs
The Romanian companies listed on the Bucharest Stock Exchange (BVB) have become increasingly valuable as investors have maintained their confidence in the prospects for the evolution of the local economic environment. The market value of local companies listed on BVB’s main market exceeded the level reached before the onset of the coronavirus pandemic. Thus, the […]
Serge Offers, the CFO of ING Bank Romania: The pandemic has accelerated the adoption of digital solutions. Last year, over one million clients actively used Home’Bank
Serge Offers is currently the CFO of ING Bank Romania, having almost 15 years of experience in banking. Next to the regular Finance activities, his current responsibilities include the local Treasury and Procurement departments. Prior to this appointment, he had several leadership roles within the head-office of ING Group. These included heading both the External […]
How to have a successful entry into your new position
Foto: SergeyNivens / depositphotos.com Top managers from international companies in Romania change from time to time. So it is normal that new people come to Romania for key positions from abroad. Once arrived here, they have to find their way to a new playground they are not so familiar with. Especially during these COVID times, […]
About pensions and their management
Foto: AndreyPopov / depositphotos.com I cannot stop reminding that pension is not a gift that the State offers us! And it is not a favour made by a fleeting government, even though pension becomes so often an electoral bait. I have already written (here as well) that pension money is not public money, to be […]
Scapegoats in the Pandemic
Foto: liliiayurkevych / depositphotos.com The COVID-19 pandemic has brought public life to a virtual standstill. Confined to our homes for long stretches of time, we stopped going out, limiting ourselves to talks on Zoom or similar platforms. Businesses relying on their customers‘ physical presence were greatly affected, but one industry was hit especially hard. Some […]
VGP strengthens its position on the Romanian market by launching two new parks Brasov & Bucharest
VGP Park Bucureşti VGP, the pan-European provider of high-quality logistics and semi-industrial real estate, strengthens its position on the Romanian market by developing new locations in Bucharest and Brasov. At the European level, the Belgian developer ended the pandemic year 2020 with a record net profit of 370.9 million euros, and no less than 33 […]
The challenge called Stellantis
Stellantis, a group born following the merger FCA – Fiat Chr ysler Automobiles and PSA Group. 99% of the shareholders voted in favour of the merger, and since January 2021, Stellantis has become a reality. We are theoretically talking about the world’s fourth-largest auto group, or at least this is what the data related to […]
The Romanian capital market is up 18% in 12 months. Nearly a quarter of this growth pace, achieved in the first two months this year
Foto: BVB The Romanian capital market brought significant increases for the investors trading on the Bucharest Stock Exchange (BVB). In a context dominated by the coronavirus pandemic, the last 12 months brought an increase of 17.7% in the BET-TR index, which also includes dividends. Thus, in the last trading session of February 2020, BET-TR was […]