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A poll carried out by CURS concomitant with the exit poll at the parliamentary elections on December 1 but not published by the polling agency, reveals that over 57% of the voters would opt for independent pro-Russian candidate Calin Georgescu in a potential second round against reformist candidate Elena Lasconi (USR), B1tv.ro reported. The exit…

A group of influential leaders within the Social Democratic Party (PSD) in Romania, including former prime minister Victor Ponta (currently adviser to prime minister Marcel Ciolacu) and regional leaders such as Marius Budai or Paul Stanescu, are reportedly inclined rather for the pro-Russian presidential candidate Calin Georgescu or at least are ready to negotiate with…

Ciprian Cazacu, CEO and co-founder of easySales, talks about the company’s cross-border expansion, major eCommerce integrations, and the benefits of automation for online sellers. He also discusses the company’s latest integrations and AI tools.  easySales, a fast-growing B2B platform focused on eCommerce automation, launched in April 2019, revolutionizes online store operations by connecting them with…

Vastint Romania, in partnership with Digi Group (Digi24, Digi FM, and ProFM), invites the entire community to join the blood donation campaign “Give a Drop of Hope.” The event will take place at Business Garden Bucharest, Building A, Calea Plevnei 159, on December 17th. In December 2023, Vastint Romania became the first private company to…

Faster decreases in output and new orders signalled Levels of work outstanding and employment down again Inflationary pressures cool Romanian manufacturers continued to contend with challenging operating conditions in November, as nearly all the PMI components remained in negative territory. According to the headline reading, there was little change in the strength of the downturn…

Romanian Business Leaders (RBL) announced on December 3 by a press release that it is supporting pro-Western candidate Elena Lasconi (USR) in the second round of the presidential elections. “We, the Romanian entrepreneurs, want prosperity for Romania and its citizens. It’s a crucial moment, and we expect the political parties whose governing programs are based…

Fourteen companies from the food industry will invest, in total, EUR 25.5 million in photovoltaic capacities greater than 1 MW, which will ensure their self-consumption, Economica.net reported.  Over EUR 17.1 million of the amounts are non-refundable money accessed through the Modernisation Fund, managed by the Ministry of Energy, the administrator of the state aid scheme…

Despite the tensions coming from the political scene, the increases in yields on government bonds (which means that investors perceive higher risk in Romania), and the falls on the stock market, the National Bank of Romania (BNR) managed to keep the exchange rate stable.  On December 3, the BNR announced an exchange rate for the…

The blue chips index BET at the Bucharest Stock Exchange lost 2.35% on December 3 in a session dominated by volatility and lack of predictability, which started with a 0.76% advance building on positive dynamics on the first day after the parliamentary elections that indicated a possible democratic coalition.  By the end of the day,…

The Romanian Ministry of Finance collected RON 5.6 billion (EUR 1.1 billion) from the tax amnesty so far, in the context in which the target of this initiative was revised in November to RON 5.6-6 billion.  Thus, by the deadline of November 25, 202,479 companies and individuals requested to benefit from amnesty, of which 99,758…