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.
The president of the AEI believes that although crude oil prices in 2025 may remain at the price level of this period, the pump price will increase as a result of tax increase.
In the last two decades, the price of gold has risen by over 800%, and from the start of this years, it has continued to climb constantly.
Four companies alone hold almost two-thirds of the world's grinding capacity, and ten companies, all in advanced economies, share more than 40% of the retail confectionery market.
Tavex experts recommend holding investment silver for at least five years to achieve a return above the rate of inflation.
Lidl Romania continues to invest in the country and announces for the financial year 2026 (1 March 2026 – 28 February 2027) an expansion plan of over €285 million.
Israeli developer Econergy Renewable Energy has secured €31 million in project financing from Kommunalkredit for its 60MW Ovidiu solar project in Romania.
Romania's annual inflation rate saw a marginal decrease in February 2026, dropping to 9.31% from the 9.62% recorded in January.
Romania continues to record the lowest uptake of e-government services in the European Union.
World Class Romania, part of Vectr Holdings, has appointed Matei Filipidescu as CEO. He is replacing Kent Orrgren, who concluded his term as CEO after nine years.