In addition, international studies show that firms that do not have a negotiation process to use in their relationship with business partners can suffer revenue losses.
The "Software Development" division contributed 31% to the operating revenues for the first half of 2024, while the "IT, Infrastructure, and Cloud" division contributed 68%.
Pentra is a cybersecurity start-up founded by high school students, the youngest team EGV has ever invested.
With sales valued at nearly RON 500 million and a turnover exceeding RON 60 million in 2023, Bringo anticipates similar performance in 2024.
Bucharest, often referred to as "Little Paris," has been one of the fastest-growing cities in the European Union over the past two decades.
This is the conclusion of the study EXPUS in the Election Year conducted by Golin Romania, through Path, in collaboration with iSense Solutions.
Romanian businesses, citizens, and public institutions can now use Evrotrust's platform for secure digital services like identity verification and cross-border transactions.
The new pick-up points in the Diverta network will streamline the order collection process, enhancing accessibility for customers in major cities.
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.
The event, now in its 12th edition, will take place this year in Oradea, having Oradea City Hall as partner, with the support of Bihor County Council and Visit Oradea.
The entrepreneurs penetrated the market with a service-oriented business, establishing as a team with niche expertise in developing marketing strategies for restaurants.
The new 21,000 sqm facility will feature state-of-the-art manufacturing technologies, attractive offices and an employee canteen.
The company now boasts a team of 35 AI specialists delivering innovative solutions to clients across various industries, both locally and internationally.
The biggest challenges for this industry are related to human resources, finding suitable and experienced employees, as well as adapting HR programs for each generation.
To date, more than €7 million has been invested in developing comprehensive educational programs tailored for healthcare professionals.
The increase in workdays within the Pluria network highlights the growing trend among remote and hybrid teams to adopt coworking spaces and work-friendly cafés.
Investment of more than €100 million to increase shipping capacity in the fourth quarter of 2024.
Romanian programmers have started to accept lower salaries due to the decrease in projects and increased competition
55% of companies managed to increase their sales in 2024 by adding new products/services, 52% by increasing investments in marketing, and 38% by opening new distribution channels.
Connections reports double-digit growth in H1 2024 in key indicators, including a reduction in debt levels, and continues to anticipate an even better second half of the year.
As cities expand, the distances between residential neighborhoods and commercial centers grow, yet the number of visits to shopping malls continues to rise.
Recent bilateral meetings with Türkiye's VP which took place in May 2024 showed that Türkiye's direct investments in Romania have reached $7.5 billion.
The use of AI leads to increase in sales productivity and customer satisfaction and to decrease in marketing overhead costs.
The Top Employers Institute is an internationally recognized institution which surveys and independently audits companies' people practices based on top international standards.
Helleniq Energy has completed two photovoltaic parks in southern Romania with a combined capacity of 58 MW, marking the company's first operational renewable energy assets in the country. The projects are part of a 2023 agreement with Metlen for developing four solar projects totalling 211 MW.
Patria Bank has signed a contract to sell its 99.9% stake in SAI Patria Asset Management to BRD Asset Management SAI for €5.5 million.
Romania's Ministry of Finance has raised approximately €4.7 billion from international financial markets through the country's first external bond issuance of 2026.
Romania's pharmaceutical sector demonstrates resilience despite fiscal consolidation and slowing economic growth, according to Allianz Trade's latest analysis.
Mark Twain International School (IS) is preparing to open a new flagship campus in Balotești, representing a €30 million investment in private education in Romania. The opening is scheduled for September 2028.