Business Forum
| 27 May, 2024 at 4:50 PM
Summer 2024 - Romanians interest for new destinations increases
Germany is the fourth most popular destination for the summer, after Italy, Spain and Greece.
Germany is the fourth most popular destination for the summer, after Italy, Spain and Greece.
The U.S. - Romania Economic Forum: Partnership for Growth will gather officials from both administrations and leaders of American companies in Romania.
The retailer's sales reached £63 million, up 12.3% on the previous year and up 14.7% on a like-for-like basis at constant exchange rates.
According to an economic impact study conducted by BrandBerry, Dino Parc Râșnov managed to boost the tourism potential of the entire town of Râșnov thanks to more than 3.5 million tourists
Crystal Dental Clinic announces a turnover of €2.6 million for 2023 and the expansion to the B2B segment through dental service subscriptions.
Simtel Team posted, at consolidated level, operating revenues of RON 45.9 million in the first quarter of 2024, down 30% compared to the same period last year.
The initiation of the project to extend the M4 metro line from Străulești to Gara de Nord, and onward to Gara CFR Progresul, promises new development prospects in southern Bucharest.
Cargus will operate in a new, modern facility, of 3,100 square meters including the warehouse, a Cargus SHIP & GO location and offices.
Boston Consulting Group study reveals 68% of women in the tech industry say they use a GenAI tool at work more than once a week, compared with 66% of men.
GETT'S, one of the largest networks in the field of beauty and hairdressing in Romania for the 4 and 5 star segment, announces a new investment by opening a new boutique salon.
Revenue from software services remained almost at the same level as in the first three months of 2023, contributing 82% to revenue, respectively RON 86.4 million.
Systematic will provide the SitaWare Headquarters software suite that will be used by NATO Command Structure, reinforcing the Alliance's operational capabilities.
Telecom operators' adoption of e-KYC solutions could decrease the dropout rate in the enrolment process by approximately 20%.
In the first quarter of 2024, at the individual level, cybersecurity services contributed 30% to total turnover, and implementing cybersecurity solutions contributed 70%.
Emil Sâncrăian and Bogdan Haș, two former managers in top companies in the pharma and medical device industry, have started a business in the medical industry in Romania.
The packaging market experienced a revival process in the first quarter of the year, following an upward slope.
The showroom in Bucharest continued to have a positive impact on business development in the first quarter, after generating around 10% of turnover in 2023.
European foreign direct investment faces first decline in three years with number of projects down 4% and jobs down 7% in 2023.
Located in Timisoara, the new center combines cloud and cybersecurity capabilities, offering customers a unique portfolio of cloud services.
In 2023, Digi Communications registered €1.7 billion in consolidated revenues (+13% YoY) and an adjusted EBITDA of €591.2 million (+17% YoY).
Nine countries experienced a higher number of insolvencies, and three countries recorded a decrease (Bulgaria, Croatia and Latvia).
Only 8% of Romanians actively sought a job abroad in 2023, compared to 13% in 2020 and 22% in 2018.
The human element plays a crucial role in successfully increasing the chance of a transformation significantly, improving performance by up to 12 times.
PayPoint Romania announces the expansion of partnership with the local courier market leader, FAN Courier, in the parcel delivery segment through the PayPoint Colet Expres service.
Bulgarian Energy Holding (BEH) has entered the Han Asparuh offshore exploration joint venture in the Bulgarian Black Sea with a 10% interest.
Romanian communication consultancy Graffiti Plus (GRF+) is opening its private placement round on January 22, targeting retail investors ahead of its planned listing on the Bucharest Stock Exchange's AeRO market in H1 2026.
Only three in ten (30%) global CEOs are confident their companies will have higher revenues in the next 12 months, according to the PwC Global CEO Survey 2026, launched at the World Economic Forum annual meeting in Davos. This percentage is the lowest in five years.
The Black Sea Energy Cooperation Association (Besca) has begun operations in Romania as a platform for collaboration among investors, developers, and experts involved in renewable energy projects across the Black Sea region.
While the EU discusses applying handling fees for parcels worth less than €150 from non-EU countries, Romania and Italy have decided to implement it this year.