Business Forum
| 9 May, 2024 at 2:47 PM
Packaging market seeing increase in demand, especially for complete solutions
The packaging market experienced a revival process in the first quarter of the year, following an upward slope.
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.
In today's dynamic economy, the financial year-end poses a significant challenge for Romanian companies.
The company estimates a William Grant & Sons portfolio turnover of up to RON 55 million over the first 12 months
This aligns with the slow growth level recorded by the MerchantPro Compass indicator in the number of transactions also in 2023 compared to the previous year (+5.5%).
Around 53% of Romanians want to change their job in the next 6 months, according to the results of the "HR Research" study conducted by 4Service Group.
Inflation is expected to miss the target in 2024-2025, with the NBR cutting rates to 6% in 2024 and 4.5% in 2025.
The technology developed by Limitless Agency can increase conversion rate by up to 33% and reduce advertising costs by at least 20%.
Genezio, a startup launched in 2023 to create tools to help developers automate app creation, raised a $2 million pre-seed round led by Gapminder Ventures.
A striking 88 percent of respondents across the world said they were planning to increase their FDI in the next three years—up 6 percent from last year.
The new partnership will accelerate MedLife Group's development in the use of the latest genetic sequencing methodologies and technologies in routine diagnostics.
An innovative legislative project aimed at amending Law No. 31/1990 on companies, has entered the final decision-making stage in the Chamber of Deputies.
The rather murky economic prospects at the European level, already confirmed in Great Britain and Germany, have raised the level of alert in the Romanian economy.
Bento, Intellectually Curious, targets operating revenues of RON 78 million in 2024, a 34% increase compared to 2023, and a EBITDA of RON 21.2 million.
AROBS Transilvania Software targets a consolidated turnover of RON 494.9 million and a net profit of RON 48.8 million.
Opinion article by Denisa Simion, Manager, Financial Advisory, Corporate Forensic Services, Deloitte Romania.
Romanians show more and more interest in becoming entrepreneurs, in quitting their jobs and building their future on their own.
Cushman & Wakefield Echinox has been appointed to sell Joyson Safety Systems' industrial property in Ribiţa, Hunedoara County, as the automotive safety components manufacturer consolidates operations at its Arad hub.
Romanian authorities are making over €8 billion available this summer in EU funds and state aid for businesses and local public authorities, according to REI analysis, a consultancy group specialising in attracting non-reimbursable financing.
The National Road Investment Company (CNIR) has capitalised on European financial frameworks by signing the first two infrastructure contracts for the A8 Unirii (Union) Motorway.
Christian Tour, one of Romania's largest tour operators, has successfully completed its initial public offering (IPO), ahead of its listing on the BVB.
A Russian Geran-2 combat drone breached Romanian airspace and crashed into a residential apartment block in the eastern city of Galați early on 29 May, intensifying security concerns along NATO's eastern flank.