The Confidence Index, which is typically linked to economic expectations, has climbed for a fourth consecutive semester to 118, from 58, in June 2022
The biggest share of overseas spend comes from U.S. Visa cardholders, with most significant increases in year-on-year spending from Japan and Brazil.
Analysis also reveals alarmingly low supply chain maturity among many organizations with limited ability to benefit from AI and generative AI as a consequence.
Due to legislative unpredictability, which increasingly affects small and medium-sized businesses, more entrepreneurs postpone or stop investments in business development.
The purpose of this study was to have a clear understanding of the profile of the Romanian employee, thus making a comparison between the private and the public sector.
The INATECH marketing team includes 4 marketing specialists, covering a full range of essential activities.
E-commerce expansion is fueled by access to digitalization and the rising incomes of the young population and digital natives, but also by the evolution of technology.
Primark Iulius Mall, part of the mixed-use Iulius Town, becomes the retailer's first location in the western part of the country and has created over 150 new jobs locally.
A significant shift in the overall outlook and priorities of executives in the sector is uncovered, indicating a strategic reset is on the cards.
Edenred Digital Center has become a source of technological innovation, contributing to the group's positioning as a leader in digital innovation in the markets where it operates.
Online courier sales activities also saw a 25% increase, largely due to investments in automating altexpress.ro portal.
The acquisition expands the SAMEDAY Grup portfolio with services dedicated to stores operating an online channel, in Central and Eastern Europe.
iBanFirst estimates that the dollar index could increase by 10% over five years—thus reinforcing the overvaluation of the US currency compared to its main counterparts.
Origin is designed to enable companies to digitize essential processes without requiring extensive internal development.
66% of consumers find private label just as good as branded alternatives, with 38% having no plans to switch back to branded goods.
The transaction is Convergint's first acquisition in Romania and it also marks the most important deal in the local safety and security systems market.
At the end of June 2024, the Group had a hotel portfolio of 838,722 rooms (5,682 hotels) and a pipeline of 218,000 rooms (1,297 hotels).
Western European shoppers spend an average of €85 per transaction, while Eastern European consumers spend €55.
Christian Tour: Romanians are traveling more and more, choosing international destinations; trips abroad accounted for 49% of sales in 2023.
In July, Carrefour marks the opening of a new rebranded and remodeled hypermarket in the Supernova shopping center in Alexandria 152, following the acquisition of the Cora Romania.
Additionally, nearly a quarter of the total online stores and partner sellers now deliver products outside of Romania.
A significant impact on the company's growth was also due to the inauguration of direct long-haul flights on the regular Bucharest – New York route.
The invention is a device that automatically and evenly applies sunscreen oil with different protection factors all over the body in just 7 seconds, with the touch of a button.
CogniSync is developing a new tool for optimizing workflows as companies and teams scale by surfacing internal best practices and revealing potential misalignment with compliance.
Romania's annual inflation rate remained unchanged at 9.8% in November.
Romania leads the European Union in both VAT and corporate tax collection failures, losing approximately one-third of potential revenue from each tax, according to a European Commission analysis published this week.
ABB Romania has opened its new customer experience center in Bucharest, a space designed to showcase the company's solutions in electrification, automation, energy efficiency and motion.
As winter holidays approach, Romanians experience both the joy of gift preparation and the pressure of festive spending.
The Investment Committee designated by the Romanian Government for the Recovery Equity Fund has approved financing for five new investment funds in Q4 2025, announced the Ministry of Investments and European Projects (MIPE).