Industry | 2 April, 2025 at 5:19 PM
Romania's IT&C sector close to 8% of GDP
The IT&C sector has a contribution of nearly 8% to the Romanian GDP, according to a message from interim president Ilie Bolojan.
The IT&C sector has a contribution of nearly 8% to the Romanian GDP, according to a message from interim president Ilie Bolojan.
81.6% of companies in the IT sector felt a negative and strongly negative impact of the partial elimination of tax breaks in 2023.
Bringing forward the timetable for elimination of tax facilities for the IT industry, starting January 2025, is a deeply negative signal towards a strategic sector of the economy.
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.