Economy

Business Forum   |   6 February, 2025 at 11:00 AM

Consequences of credit rating downgrades for Romania

Romanian 10-year euro-denominated bonds currently trade at a yield of 5.96%, representing a 351-basis point (bps) spread over German Bunds, which equals to 3.51% over Germany.

Business Forum   |   23 January, 2025 at 11:50 AM

Camelia Ene as new CEO of Roca Industry

Camelia Ene has 25 years of experience in multinational companies, with over 17 years in the energy sector, including 7 years as CEO of a top company in the field.

Business Forum   |   21 January, 2025 at 9:57 AM

SAP Romania exceeds 1000 employees

Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.

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Energy

Simtel Team appoints new CEO

Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.

Industry

Romania's public administration seeks shared service centres

The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.