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.
Holcim Romania has signed a funding agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) for the Carbon Hub CPT01 project, a carbon capture and storage initiative.
The European Parliament and the Council have selected the French city of Lille to host the future EU Customs Authority (EUCA), following a final decision reached on Wednesday.
Olympus Foods România has begun construction of a new warehouse at its Brașov Dairy Factory, with an investment of €7.5 million.
Romanian national carrier Tarom and Condor Airlines have launched a commercial codeshare partnership, expanding Bucharest's transatlantic connectivity through Frankfurt hub.
Recrutopia, a Romanian AI-powered recruitment service, has been launched by Neurony, a Romanian software company, with plans to increase revenues to €6 million this year versus last year's €2.5 million.