JTI expands IT hub in Romania
JTI's global IT hub in Romania is expanding, with the number of employees growing from 140 at the beginning of the year to 170 currently, and projected to exceed 200 by year-end.
JTI's global IT hub in Romania is expanding, with the number of employees growing from 140 at the beginning of the year to 170 currently, and projected to exceed 200 by year-end.
Citi Romania has implemented three GenAI tools for its employees, as part of a significant global investment designed to simplify workflows and streamline daily tasks.
The survey "GenAI for marketing: Fear or FOMO" (Fear Of Missing Out) interviewed more than 50 CMOs and marketing directors in Europe, Australia and the US.
Majority (90%) of firms surveyed have adopted AI into operations to some degree, but most remain in the early stages and 8% have not integrated AI at all.
An overwhelming majority of CFOs (87%) believe that generative artificial intelligence (GenAI) will drive efficiency in the tax area, compared to only 15% in 2023.
A new study from BCG Reveals that employees' confidence in AI and GenAI is growing, but half of regular users believe their job may disappear in the next decade.
Nearly half of Romanian Gen Zs (47%) and 33% of Millennials expect their personal financial situation to improve.

Metinvest has completed the acquisition of ArcelorMittal Tubular Products Iași, located in eastern Romania.
Holiday spending is decreasing by about 10% this year compared to 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods.
State-owned lender CEC Bank has obtained a €25 million loan from the European Investment Bank (EIB) to finance public sector projects that contribute to sustainable economic development, particularly in regions most affected by climate transition.
Engie Romania has doubled its renewable energy capacity to approximately 500 MW following the acquisition of a 253.1 MW wind farm in Ialomița county from Greenvolt Power.
Socar Petroleum has opened its first petrol station in Baia Mare, bringing its total network to 88 stations across 30 counties in Romania.