Economy | 16 September, 2024 at 11:38 AM
Oves Enterprise: IT service budgets shrinked 20% in just two years
Romanian programmers have started to accept lower salaries due to the decrease in projects and increased competition
Romanian programmers have started to accept lower salaries due to the decrease in projects and increased competition
In IT and energy are the top salaries. Manufacturing is at the extremes: it records the lowest wages, but also among the highest.
Private healthcare chain Medicover has announced the acquisition of Synlab Group's local businesses in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia for €71.3 million.
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).
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.
Low-cost airline Wizz Air has opened a new base at Bucharest Băneasa Airport, offering flights to seven destinations including Naples, London, and Budapest.
Romania's informal economy represents about one eighth of its GDP, according to an EY report.