Business Forum
| 20 March, 2024 at 6:19 PM
Analysis: Retail, main engine for economy, shows signs of failure
Without measures to support consumption, Romania risks losing its most important engine of economic growth.
Without measures to support consumption, Romania risks losing its most important engine of economic growth.
e automotive and electronics industries are the engine of the transport of Romanian goods to Europe.
he Group's total revenue was RMB271.0 billion, while its adjusted net profit surged by 126.3% to reach RMB19.3 billion.
The number of Romanian tourists staying in the country's hotels reached almost 7 million in 2023.
EXEC-EDU launches the fourth edition of the EXEC-EDU scholarship program, dedicated to entrepreneurs.
Morphosis Capital Fund I Cooperatief UA, a growth capital fund, posts a combined turnover of €100 million in 2023 for its portfolio companies.
More than a third (38%) of enterprises seek measured, incremental GenAI roll-out.
Romania's economy has performed well in recent years, driving living standards higher and supporting convergence with OECD countries.
Business has its eyes firmly set on a positive future, and leaders are looking to expand and grow with confidence.
In 2023, Pepco has employed more than 30,000 women in its European retail chains, with women accounting for up to 93% of the retailer's workforce in Europe.
Entrepreneurs from Bacau can learn how to create and develop their own businesses at Hub Orizont, a space launched by the Municipality of Bacau.
Romanian companies anticipate improvement of macroeconomic indicators such as GDP, inflation and unemployment, but still adopt a prudent approach as uncertainty remains high.
This year should be a much better year for tech startup funding, after 2023 was the worst in nearly a decade.
Romanian companies rely more and more on interpersonal and friendly relationships with employees and business partners, investing more in being different and memorable.
Fulfill.ro, the e-commerce logistics division of Mediapost Hit Mail, the largest integrator of direct marketing services in Romania, has reached a 37% increase in turnover in 2023.
Investments include the completion of a new bottling and storage facility, as well as the expansion of the distribution network, key strategic elements in the upcoming period.
The BMW Group and NTT DATA Romania have signed an agreement to establish a Joint Venture (JV) in Romania.
Connections (CC), a digital transformation company, has increased its revenue by 203% in 2023, reaching 177 million lei.
AccelerAction, a virtual space that connects DeepTech innovators across Europe and that is funded by the European Union, is launching Collab.
International law firm CMS has advised The Cicor Group on its acquisition of 100% of the shares of Romanian engineering company, Evolution Medtec SRL.
In the dynamic realm of the Information Technology (IT) sector, 2024 is poised to be a transformative period defined by a myriad of trends and challenges.
Safetech Innovations, posts an individual turnover of RON 31.1 million, down 11% compared to 2022 and a net profit of RON 9.7 million, down 5%.
PayU GPO Romania, the leader of the local online payment market, estimates that the value of the e-Commerce market will be around €11.5 billion in 2024.
TaxDome, a USA company has announced an investment in Romania, a new enter in the local IT market.
Romania's Government Private Cloud, the country's largest critical digital infrastructure, has entered operational stage nationwide.
Robert Anghel has taken over leadership of Salt Bank, replacing Gabriela Nistor remains close to Salt as a Board Member.
Romania has recorded one of the highest gender employment gaps in the European Union, significantly trailing the bloc's average, according to the latest data from Eurostat.
Romanian deep-tech company Qognifly has launched Drone Wall, an autonomous counter-drone system developed by Romanian engineers and validated in operational conditions.
Alive Capital will return to full ownership of founder Giacomo Billi following the transfer of Premier Energy's majority stake to Omnia Capital, Billi's investment holding.