Business Forum
| 18 September, 2024 at 1:00 PM
VAT Romania breaks ground on factory in VGP Park Arad
The new 21,000 sqm facility will feature state-of-the-art manufacturing technologies, attractive offices and an employee canteen.
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.
Data shows direct flights are encouraging Romanians to visit the American metropolis.
According to the schedule agreed upon in the contract, the first trolleybus will be delivered in April 2025.
Leading architecture firms from Great Britain and Romania played a key role in bringing the Café Athénée project to life, blending international expertise with local flair.
As part of the brand's launch strategy in Europe, Romania becomes one of the nine European markets to open sales for the first batch of Leapmotor C10 and T03 electric cars.
The packages provide access to advanced features, including integrated CRM, sales list management, quote processing and the entire sales and post-sales workflow.
Deloitte Romania's management team expands as of September 1, 2024, following the promotion to directors of five employees.
In the African market, Qoobiss will distribute Origin, an innovative global platform for the complete digitalization of customer interaction
The company reported a 19% increase in revenue and a 2% rise in net profit for the first six months of this year compared to H1 2023.
The "Software Services" segment continued to be AROBS's main pillar, generating revenue of RON 166 million, accounting for 81% of the total revenue.
Restaurant operating profit of RON 87.8 million, +44.8% YoY in H1, with high double-digit increases for Taco Bell, KFC Romania and KFC Moldova.
In H2 2024, MedLife recorded consolidated pro forma revenue of RON 1.3 billion, up 24% compared to H1 2023, likely to exceed half a €500 million in revenue this year.
Vista Bank marked its debut as a bond issuer on the Bucharest Stock Exchange (BVB). The bank listed its €17 million bond issue on the Regulated Market, consolidating its strategy to diversify funding sources through the capital market.
The Vega Ploiești Refinery, operated by Rompetrol Rafinare, has started producing hexane with a minimum purity of 60%, supporting polypropylene production and the food industry.
The EU's downward trend in transport costs ended abruptly in March 2026, with Romania emerging as one of the most heavily impacted member states.
Energy producer OMV Petrom and RNV Infrastructure have announced that three wind projects in Romania, with a total installed capacity of approximately 300 MW, are entering the execution phase following the final investment decision. The projects hold the necessary permits, with production expected to begin in stages from H1 2027.
Romania's budget deficit calculated according to the European ESA methodology has dropped from 9.3% of GDP in 2024 to 7.9% of GDP in 2025, representing a correction of 1.4 percentage points of GDP.