Business Forum
| 19 August, 2024 at 11:23 AM
Hesburger doubles its footprint in Romania with newly opened restaurant in Braila
The investment in the restaurant in Brăila, opened on August 15, amounted to €350,000.
The investment in the restaurant in Brăila, opened on August 15, amounted to €350,000.
Skinmed Clinic, one of Romania's most renowned medical centers, has opened a new facility in the Pipera area of Bucharest, backed by an investment of over €2 million.
The packaging also features corrugated buffers treated with an innovative anti-scratch coating that has been applied to prevent external blemishes.
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.
Romania posted in November in the highest inflation rate in the European Union, according to statistical office Eurostat.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Romania's Ministry of Finance attracted almost RON 1.5 billion (€293 million) through its 11th Fidelis government bond offering of 2025, which began trading on the Bucharest Stock Exchange.
Ebury, the global fintech specialising in international payments and FX risk management, has appointed Cosmin Bucur as its new Country Manager for Romania.