Deloitte: Romanian Companies’ Success Depends On Managers' Ability To Adapt To Changes On Labor Market
11.05.2024
Romanian companies’ success largely depends on leaders’ ability to adapt to the ever-changing demands of the labor market (81%), but more than half of the companies (57%) are not prepared to address this topic, according to Deloitte 2024 Global Human Capital Trends survey for Romania.
ZF NEWSRSS
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Bicycle Maker Eurosport DHS Revenue Shrinks 56.7% To RON232.2M In 2023
yesterday, 22:43
Bicycle manufacturer Eurosport DHS, held by Chinese and German investors, posted RON232.2 million (about EUR47 million) revenue in 2023, down 56.7%... more
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FAN Courier Completes EUR30M Expansion Of Stefanestii de Jos Warehouse
yesterday, 22:17
FAN Courier, the leader of the parcel delivery market in Romania, has finalized the extension of the warehouse in Stefanestii de Jos, where it is... more
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Hidroelectrica Teams Up With Politehnica University Of Timisoara To Support Innovation And Training Of New Energy Sector Experts
yesterday, 17:50
Hidroelectrica (stock symbol: H2O), the largest electricity producer in Romania, has concluded a partnership with Politehnica University of... more
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Competition Council Looks Into Electrotehno's Takeover By Volta Grup Piatra Neamt
yesterday, 16:47
Romania's Competition Council is assessing the transaction through which Volta Grup S.R.L. plans to acquire Electrotehno S.R.L. more
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IKEA Romania Appoints New Market Managers For Bucharest Stores
yesterday, 16:39
IKEA Romania has appointed two market managers for its Baneasa and Pallady Bucharest stores, overseeing other customer meeting points across the... more
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tbi bank: Romanians Set To Spend At Least RON500 This Black Friday
yesterday, 15:00
Over half (53%) of Romanians plan to go shopping this Black Friday, but, while most of them are set to spend at least RON500, the value is... more
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Electroplast Carries Out over EUR9M Investment To Retool Bistrita Plant
yesterday, 11:28
Electrical cable manufacturer Electroplast is carrying out an investment project valued at over EUR9 million to retool Bistrita plant and expand... more
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InterCapital Asset Management Set to Launch New ETF at BVB By Yearend with Exposure to Slovenia
yesterday, 11:00
InterCapital Asset Management, an independent investment manager of Croatia, with EUR550 million worth of assets under management, wants to launch,... more
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Moldova’s Maib Reports Net Profit of almost EUR57M for Jan-Sept 2024, Up 11% YOY
yesterday, 10:17
Republic of Moldova’s largest lender Maib ended the first nine months of 2024 with net profit worth MDL 1,095 million, the equivalent of EUR56.9... more
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Meta Estate Trust Exits Boutique Residential Project Developed by APX Immo Property in Bucharest
yesterday, 09:54
Holding company Meta Estate Trust has announced the total exit from the boutique residential project developed by APX Immo Property in... more
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Eaton Electro Productie Hits EUR300M Turnover in 2023, Down 7.3% from 2022
yesterday, 09:37
Eaton Electro Productie, the local subsidiary of US giant Eaton, which owns two plants in Maramures county where it manufactures electrical panels... more
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Cake Shop Chain Damarin Invests EUR500,000 in Chocolate Product Lab, Aims to Expand to Bucharest
yesterday, 09:28
Cake shop chain Damarin is investing EUR500,000 in a chocolate product lab, a project that will allow the company to expand beyond Craiova.... more
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ARO-Palace Seeks To Operationalize Mercure Brasov City Center And Hyatt Regency Aro Palace In EUR49.3M Investments
11.05.2024
Hotel company ARO Palace Brasov (stock symbol: ARO), controlled by alternative investment fund Transilvania Investments Alliance (stock symbol:... more
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Wet Wipe Maker Europack Media Expects Revenue To Overshoot RON100M Mark In 2024
11.05.2024
Europack Media, a Constanta-based manufacturer of wet wipes established by local entrepreneurs, will overshoot the RON100 million revenue mark this... more
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Paval Brothers Buy Stake Into Lime, Brick And Roof Tile Maker Helios Astileu
11.05.2024
Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, has made a new investment in shares on the Bucharest Stock Exchange... more
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Delgaz Grid, Part Of E.ON Romania Group, Sets Off Modernization Of Iasi Sud Transformer Station In Over RON73M Investment
11.05.2024
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Hikvision Leases 1,300 Sqm Of Office Space In Bucharest's One Cotroceni Park
11.05.2024
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Competition Council Greenlights Deal Whereby Azzurra Leaf Two SRL Becomes Shareholder In Pasfin Spa
11.05.2024
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DIGI Communications Inaugurates Commercial Operations In Portugal
11.05.2024
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Top Employers Undelucram.ro 2024: Retail, Finance & Banking Sectors In The Lead; IT&C Sees Steep Drop
11.05.2024
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Law Firm Clifford Chance Badea Assisted Alpha Bank Group in Sale of Majority Stake in Alpha Bank Romania to UniCredit
11.05.2024
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DN Agrar’s Compost Factory Becomes Operational in Wake of EUR1.8M Investment
11.05.2024
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Santierul Naval Orsova Seals EUR8.5M Worth of Contracts with Dutch Company Rensen-Driessen For River Vessel Construction
11.05.2024
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Ukrainian Retailer Aurora Reaches 25 Stores in Romania
11.05.2024
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COMES Savinesti Budgets EUR28M Turnover for 2025
11.05.2024
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.
Today's figure
Deloitte: Romania Retains Third Position Among Countries with Cheapest Housing in EuropeRomania continues to rank third among European countries with the cheapest housing, after Bosnia and Herzegovina and Greece, with an average price of EUR1,504/sqm in 2023 for a new home, slightly up from EUR1,461/sqm in 2022, in line with Deloitte Property Index 2024 survey conducted on the basis of data from the main cities of 24 countries.
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