Economy | 27 August, 2024 at 9:44 AM
WDP: Companies increasingly favour nearshoring over offshoring
Nearshoring has gained considerable popularity in recent years as a replacement for traditional offshoring/outsourcing practices.
Nearshoring has gained considerable popularity in recent years as a replacement for traditional offshoring/outsourcing practices.
The three acquired entities own a portfolio of assets comprising three warehouse projects of 136,374 sqm and a large plot of land in Constanta.
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.