Andreea Marinescu

Value of the Romanian e-commerce market reaches 5.6 billion euros in 2020 (fintech)

Romania became, last year, the leader of the European Union in terms of the growth rate of electronic commerce, and the value of this market reached 5.6 billion euros, according to data published on Monday by representatives of a European fintech.

National forest fund up by 0.2 pct in 2020, volume of harvested wood, up by 4 pct

The National Forest Fund registered an increase of approximately 0.2% in 2020, compared to the previous year, while the volume of harvested wood increased by 4%, according to data published on National Institute of Statistics (INS). As of December 31, 2020, the forest fund area was 6,604,206 hectares (+11,976 hectares as compared to 2019), of which the forest area totaled 6,449,417 hectares.

Capital infusions from abroad in insurance market amount to 1.7 million euros in April

Capital infusions from abroad in insurance companies operating in Romania amounted to 1.72 million euros in April, compared to 493,300 euros in the same month last year, according to data published by the the National Trade Register Office (ONRC).

IMF expects strong recovery of Romanian economy in 2021, with GDP recovery of 7 pct

The experts of the International Monetary Fund estimate a strong economic recovery in Romania in 2021, with an advance of the real Gross Domestic Product of 7 percent, specifying, however, that some unexpected negative changes in the evolution of the pandemic might put this forecast at risk, show the conclusions published following the assessment mission of the Romanian economy.

Global companies have begun to quantify risks arising from cyber attacks (experts)

A culture of online security is very important, it can help us protect ourselves from cyber attacks, a context in which six out of ten global companies maintain to have begun to quantify these risks. This is the conclusion of the debates organized, on Thursday, within one of the panels of the event "Lessons learned from cyber security experts.

Barometer: Almost two thirds of Romanian managers confident economy is headed in right direction

 Almost two thirds (62 percent) of Romanian managers are optimistic about the future of the economy and believe that Romania is headed in the right direction, reveals the most recent Sierra Quadrant barometer released on Friday. However, 71 percent of the surveyed businesspeople estimate that the Romanian economy will effectively be out of the crisis only in the second half of next year.