World Bank indicators show a favorable business environment in Romania, but corruption remains a challenge.
Most confident CEOs taking long-term approach to transformation with a focus on customers and employees, despite evolving disruptive forces.
The project aims to reconfigure, modernize and increase the capacity of the Perișoru power line by replacing the line over a length of about 35 km.
On a gross basis, compared with the same quarter in 2023, GDP in the fourth quarter of 2024 increased by 0.7%.
According to data presented in November 2024 by the governor of the National Bank of Romania (NBR), Mugur Isărescu, the inflation forecast for the end of 2025 is estimated at 3.5%.
Organic growth was 2.2%, with a return to positive real internal growth of 0.8%, and both strengthened in the second half.
Companies that received the certification are Agexim Transport & Logistics, Christian'76 Tour, Compexit Grup, IRUM, Perla Harghitei and Temad Co.
In such a volatile environment, digitalization becomes the safest way for SMEs to maintain control over their businesses.
The individual customer segment recorded a 15% increase compared to 2023, while the business segment grew by 11%. Locker delivery was the top-performing option.
Early Game will remain an investor in the new merged entity.
lie Bolojan, president of the Senate, will become president of Romania, with limited powers, until the May elections.
Imersia Multichannel Agency offers integrated distribution and trade marketing services to fast-moving consumer goods (FMCG) companies.
Bucharest is the national leader in sales with 10.49%, followed by Timisoara (7.23%) and Cluj-Napoca (4.58%).
Replacing fossil-based raw materials with recycled and renewable ones supports the circular economy and decreases tires' carbon footprint.
Romanian 10-year euro-denominated bonds currently trade at a yield of 5.96%, representing a 351-basis point (bps) spread over German Bunds, which equals to 3.51% over Germany.
Significant investments were made in the development of an all-in-one online platform dedicated to offline advertising campaigns.
A key challenge in 2024 was the partial removal of tax incentives for the IT industry, resulting in a sharp rise in operational costs.
Founded in 2002, Fortim Trusted Advisors has been controlled since December 2020 by Costin Nistor, Nicolae Ciobanu and Bogdan Cange.
Between 2015 and 2022, European companies invested €700 billion less in technology than US competitors.
The bulk of this debt, RON 772.92 billion, was government securities. Borrowing amounted to RON 143.42 billion.
Geopolitical conflict is seen as the biggest risk in the Middle East (41%) and Central and Eastern Europe (34%). In Western Europe.
Investments focus on streamlining operations, expanding into international marketplaces and developing services.
The report finds that managing risk can no longer be a siloed activity relegated to annual planning or discussions between high-ranking officials.
In 2024, Marrakech proved to be a perfect escape during the colder months, with December, February and March seeing the highest number of bookings from Romania.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.