Romania's economy has performed well in recent years, driving living standards higher and supporting convergence with OECD countries.
Business has its eyes firmly set on a positive future, and leaders are looking to expand and grow with confidence.
In 2023, Pepco has employed more than 30,000 women in its European retail chains, with women accounting for up to 93% of the retailer's workforce in Europe.
Entrepreneurs from Bacau can learn how to create and develop their own businesses at Hub Orizont, a space launched by the Municipality of Bacau.
Romanian companies anticipate improvement of macroeconomic indicators such as GDP, inflation and unemployment, but still adopt a prudent approach as uncertainty remains high.
This year should be a much better year for tech startup funding, after 2023 was the worst in nearly a decade.
Romanian companies rely more and more on interpersonal and friendly relationships with employees and business partners, investing more in being different and memorable.
Fulfill.ro, the e-commerce logistics division of Mediapost Hit Mail, the largest integrator of direct marketing services in Romania, has reached a 37% increase in turnover in 2023.
Investments include the completion of a new bottling and storage facility, as well as the expansion of the distribution network, key strategic elements in the upcoming period.
The BMW Group and NTT DATA Romania have signed an agreement to establish a Joint Venture (JV) in Romania.
Connections (CC), a digital transformation company, has increased its revenue by 203% in 2023, reaching 177 million lei.
AccelerAction, a virtual space that connects DeepTech innovators across Europe and that is funded by the European Union, is launching Collab.
International law firm CMS has advised The Cicor Group on its acquisition of 100% of the shares of Romanian engineering company, Evolution Medtec SRL.
In the dynamic realm of the Information Technology (IT) sector, 2024 is poised to be a transformative period defined by a myriad of trends and challenges.
Safetech Innovations, posts an individual turnover of RON 31.1 million, down 11% compared to 2022 and a net profit of RON 9.7 million, down 5%.
PayU GPO Romania, the leader of the local online payment market, estimates that the value of the e-Commerce market will be around €11.5 billion in 2024.
TaxDome, a USA company has announced an investment in Romania, a new enter in the local IT market.
Novartis Romania received the international Top Employer certification, a title awarded by the Top Employers Institute, a global authority in human resources.
Libris, an online bookstore in the Romanian market, closed 2023 with a turnover of RON 80 million, representing a 20% increase compared to 2022.
The retailer Flanco announced the acquisition of its first two real estate projects for new greenfield stores. They are located in commercial areas of Botoșani and Brașov and were purchased in the last six months.
Luxury residential prices in 2025 will continue to increase, but at a more moderate pace compared to previous years.
The second half of the year was much more negative, influenced by energy market volatilities which drove weaker results for the sector.
EY Institutional Investor Survey shows that 92% of investors are reluctant to sacrifice short-term gains for the longer-term rewards of ESG investments.
The company is preparing AI-driven commercial solutions for flight safety and wildfire prevention.
Geopolitical conflict is seen as the biggest risk in the Middle East (41%) and Central and Eastern Europe (34%). In Western Europe.