The lack of real digitization and transparent communication from state institutions throughout 2024 only demotivated taxpayers to invest their financial resources.
The acquisition includes two manufacturing facilities located in the US and the Netherlands, as well as the lease of other manufacturing and R&D facilities in two US locations.
KoçZer, Türkiye's leading procurement and sourcing management company, officially announced its entry into the European market with the establishment of its subsidiary in Romania.
Experts emphasized that cyber threats continue to evolve at a particularly accelerated pace, targeting both organizations and the human element within companies.
In May, Hesburger entered the Romanian market with its first restaurant in Râmnicu Vâlcea.
Latest CONFIDEX Debate, Romanian managers highlighted the budget deficit, fiscal risks, and RON depreciation as the main challenges for the country's economic trajectory in 2025.
The indoor advertising market is projected to grow by 17% in 2024, substantially surpassing the growth rate of the Romanian advertising market.
Beyond those already listed, a major challenge is that 54% of IT executives expect budget cuts, while 10% of respondents anticipate an increase in spending on innovation.
Energy and sustainability were pivotal topics of the event. Romania reaffirmed its ambition to achieve energy independence by 2030.
Romania has the seventh largest M&A transaction in Central and Eastern Europe in the first 9 months.The value of global transactions reached $1.6 trillion, up by 10%.
With the help of technological solutions, continuous auditing will become a proactive tool, not just reactive, playing a crucial role in supporting strategic decisions.
The collaboration involves key activities critical to the brand's long-term success in these new markets, including identifying and selecting franchise partners.
Romania is at 34% of the EU average in innovation in 2024, and the startup success rate is not above 10%.
The BeeFast SaaS platform provides real-time visibility of delivery operations through an intuitive dispatcher tailored to the specific requirements of instant deliveries.
The CONFIDEX Index, which measures confidence in the economy, remains at a level similar to the first half of the year, standing at 52 points.
Turnover was approximately RON 231 million in the first nine months of the year.
DRUID was also named the winner of the CE Tech Rocketship special category, offered by Google Cloud, the program's technology partner at regional level.
Normalized net profit increase of 66.3% compared to 9 months 2023, to RON 71.4 million, almost 90% of the normalized profit of the entire previous year.
Revenue from the second business segment, "Software Products," grew by 14% compared to the same period last year, reaching RON 57.5 million as of September 30, 2024.
The data shows that the average per capita consumption of food supplements in Romania is worth €35.42.
Digi Communications consolidated revenues and other income in Q3 2024 increased 13.6% YOY, reaching €492.5 million, resulting in €1.414 billion in revenues generated in 9M 2024.
In the first 9 months of 2024, at the individual level, cybersecurity services contributed 32% to the total turnover, while cybersecurity solutions implementation contributed 68%.
Currently, Simtel holds seven photovoltaic park projects which, upon completion, will have a total installed capacity of over 80 MWp and generate an annual output of over 108 GWh.
The company also announces Daniel Vaum's promotion to manager of the purchasing department as part of its strategy to optimize internal processes.
The Ministry of Finance and the Investment & Development Bank (BID) are accelerating the implementation of economic support measures.
European financial institutions are in the early stages of preparation for the new EU AML/CFT Package, which aims to harmonise anti-financial crime supervision, finds a Deloitte study.
West Group has announced a robust financial performance for the first nine months of the year, reporting a consolidated revenue of over €65 million.
Kaufland Romania is expanding its national presence with the opening of a new hypermarket in Aiud, Alba County.
Grid operator Transelectrica has launched two key investments in Romania's electricity transmission infrastructure.