NextUp: 2024, a year of fiscal chaos that discourages SME investment
The lack of real digitization and transparent communication from state institutions throughout 2024 only demotivated taxpayers to invest their financial resources.
The lack of real digitization and transparent communication from state institutions throughout 2024 only demotivated taxpayers to invest their financial resources.
Due to legislative unpredictability, which increasingly affects small and medium-sized businesses, more entrepreneurs postpone or stop investments in business development.
Romania continues to be among the least digitized countries, including in the private sector, on the European continent.
Digitization is not a luxury, but the foundation on which the agility and ability of entrepreneurs to immediately respond to market needs is built.
Private equity fund MidEuropa has agreed to sell private healthcare chain Regina Maria to Mehiläinen Group, the largest private healthcare provider in Finland backed by investment fund CVC.
Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).
Romania's informal economy represents about one eighth of its GDP, according to an EY report.
Low-cost airline Wizz Air has opened a new base at Bucharest Băneasa Airport, offering flights to seven destinations including Naples, London, and Budapest.
Public food service company Sphera Franchise Group has earmarked approximately RON 100 million (around €20 million) for investments in 2025.