Finance | 4 March, 2025 at 11:26 AM
Gold Rush 2.0: Ultimate safe haven in face of geopolitical fragmentation
Gold continues to be a key safe-haven asset resulting in sustained upward pressure on prices.
Gold continues to be a key safe-haven asset resulting in sustained upward pressure on prices.
Only half of the CEE countries saw an increase in turnover among the top 500 companies, revealing disparities in economic performance.
While the US economy looks set for a soft landing, the eurozone continues to face many uncertainties, particularly in the industrial sector.
Despite €3 billion mobilised through the European Battery Alliance created in 2017, only 3% of the investment needed in the battery supply chain has been made.
In the first 6 months of 2024, 68,223 new companies were registered, this being the lowest value in recent semesters, including the first semester of 2019.
Nine countries experienced a higher number of insolvencies, and three countries recorded a decrease (Bulgaria, Croatia and Latvia).
Construction and real estate sectors are among the most cyclical sectors. Sensitive to changes in the labour market, prices and the interest rate, they are currently under strain.
Romania maintains a much higher level of energy self-sufficiency compared to the EU average, though certain sectors show diverging trends, according to Eurostat.
The National Road Investment Company (CNIR) has submitted documentation to the National Public Procurement Agency for the tender of an Express Road connecting the A0 Bucharest North Motorway to the future Terminal 2 of Henri Coandă-Otopeni International Airport. The estimated investment value exceeds RON 400 million (€80 million).
Turkish investor Yeşilyurt Enerji has successfully secured a €20 million financing package from the Netherlands-based bank YapiKredi
Romania has reached a significant milestone in its agricultural trade strategy by securing access to the Chinese market.
Purcari Wineries has signed documentation to acquire Serve Ceptura, pending corporate and regulatory approvals including clearance from Romania's Commission for the Examination of Foreign Direct Investments.