Digitalization in Romania, suffocated under stacks of paper
37,752 round trips are made annually to transport physical documents between commune and prefecture halls just for the approval of a local council decision.
37,752 round trips are made annually to transport physical documents between commune and prefecture halls just for the approval of a local council decision.
New research from Mastercard, released ahead of International Women's Day 2025, reveals four in ten (40%) women in Europe have considered running their own business.
The United States is Romania's second-largest non-EU trading partner, after the United Kingdom.
Throughout the past year, the company continued to implement projects alongside companies from a diverse range of industries.
Significantly improved profitability for KFC Romania, which achieved a net profit of RON 100.2 million (+15.5%), and Taco Bell, which increased its net profit almost six times
The Tomorrow Division, encompassing all insurance-related projects, continued its strong performance, contributing 62% to total turnover.
AI-powered solutions transform the shopping experience and integrate changing consumer needs,
The new branch will be located in Bergamo, and operations in Italy will be carried out by an operational team coordinated by a local representative.
At the group level, Simtel Team S.A. recorded a turnover of RON 273.9 million, GES Furnizare (GES) – RON 64.7 million, Simtel Moldova – RON 8.2 million, and ANT Energy – RON 9.1 million.
Excluding the mega-transactions (with values of more than €500 million), the average transaction value was € 34 million in 2024, compared to €25 million in 2023.
In 2025, rising trade tariffs will become a reality in many markets, affecting supply chains, market access, and corporate costs.
Romania, the main strategic partner of the Republic of Moldova – Reconfirmation by the visit of Prime Minister Dorin Recean to Terra Impex in the Vulcănești Free Economic Zone.
The transaction is financed through the NextGenerationEU program, with the financial support of the Government of Romania and the Government of Bulgaria, through the PNRR.
Axionet is founded and led by entrepreneur Gabriel Ioniță, who has transformed the company into a leading player on the local market.
About 18% of the total number of vacancies was concentrated in manufacturing (6,300 vacancies) and the rate was 0.59%.
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.
Romania has officially joined the InvestEU Ukraine Export Credit Guarantee Facility, a joint initiative by the European Commission and the European Investment Fund (EIF).
The average net salary in Romania decreased by 2.5% to RON 5,508 (€1,109.91) in May, compared to April 2025, according to data from the National Institute of Statistics (INS).
The annual inflation rate in Romania rose to 5.7% in June 2025, up from 5.45% in May.
Romanian private healthcare network MedLife is investing €3 million in genetic testing and will launch a large-scale genetic testing program.
Romania's trade deficit rose by 16.4% in the first five months of this year compared to the same period last year, reaching €14.32 billion.