Business restructuring will become watchword in Romanian business environment
The rather murky economic prospects at the European level, already confirmed in Great Britain and Germany, have raised the level of alert in the Romanian economy.
The rather murky economic prospects at the European level, already confirmed in Great Britain and Germany, have raised the level of alert in the Romanian economy.
Without measures to support consumption, Romania risks losing its most important engine of economic growth.
Business has its eyes firmly set on a positive future, and leaders are looking to expand and grow with confidence.
Romanian companies anticipate improvement of macroeconomic indicators such as GDP, inflation and unemployment, but still adopt a prudent approach as uncertainty remains high.
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.