The biggest risk for Romania in 2025 is not Trump tariff's policy, the German recession or the Ukraine war, but the continued deterioration of the fiscal situation.
Central banks are adjusting their policies based on economic indicators rather than a fixed schedule, which keeps currency market volatility high.
ECB will continue to cut interest rates by 25 basis points, although a more aggressive cut of 50 basis points would be more justified given the fragile economic situation.
The account opening process on the iBanFirst platform has been streamlined from 10 days to just a few hours, ensuring compliance and AML requirements are met efficiently.
iBanFirst estimates that the dollar index could increase by 10% over five years—thus reinforcing the overvaluation of the US currency compared to its main counterparts.
Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.
2024 brought a 5% increase in new car registrations and re-registrations, while registrations of imported used cars rose 11%.
The unit in Vernesti is part of the 5th phase of the Romania Eficienta program, supported by OMV Petrom with €7.6 million.
The study shows that data-related issues have caused 55% of the organizations to avoid certain Generative AI use cases.
Softeh Plus will move its headquarters in Timpuri Noi Square starting this spring.