Speeding up change
Foto: BiancoBlue / depositphotos.com Judging by figures reported by the National Bank of Romania (BNR), the banking industry has dodged a bullet during the COVID pandemic of last year. The profits of the 34 lenders indeed fell more than 17% to RON 5.2 billion, but the total assets climbed 13% to a record breaking RON […]
Our heroes vs. our children’s heroes
Adventure, the inner need to challenge us as a species, the latent hunger for discoveries generated by curiosity … made the human species discover the New World, and in a way, sealed the destiny and the particular lifestyle of the United States. Even though the car was born in Europe, it became accessible to the […]
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 […]
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 […]
What a waste!
Foto: InkDropCreative / depositphotos.com If there is one particular area of public policy in Romania requiring urgent action, it is by far the environment. On all environmental fronts Romania is lagging far behind other countries, being targeted over the years by numerous infringement proceedings conducted by the European Union. Take air quality, one of many […]
The Romanian capital market outgrows 2020 in the first month of this year to set new all-time highs
The Bucharest Stock Exchange (BVB) kickstarted 2021 with all stock indices in positive territory, as the Romanian capital market posted significant increases, which exceeded in one month the level achieved throughout the entire 2020. The BET-TR index, which also includes the dividends, went up by 5.1% in January as compared to the December last year. […]
Talking Taxes
SergeyNivens / depositphotos.com How nations spend their money says a lot about the respective society. Romania vamps up arms systems, while investing less in education and public health. But this time let‘s look at the other part of the state finances equation: revenues. Looking at current figures, there is an unpleasant picture unfolding. Basically, according […]