06.20.2024

Although the number of foreign direct investment (FDI) projects in Romania in 2023 decreased by 13%, investor optimism remains strong, with 67% anticipating an increase in the country’s more

05.31.2024

If Romania widely adopts generative artificial intelligence, the country's GDP could increase by EUR14-16 billion, or by 5%, in the next ten years, according to the study “The economic opportunity more

02.01.2024

The finance function evolves in the current business environment and it must become more involved in data strategy and analytics, more connected across the organization, and led by a talent strategy more

11.10.2023

Romania's national grid company Transelectrica (TEL.RO), Abu Dhabi National Energy Company PJSC (TAQA), Meridiam, E-INFRA and Fluor have announced a strategic Memorandum of Understanding (MoU) for a more

04.27.2022

This year’s leader in the ranking of most valuable Romanian brands is eMAG, valued at EUR1.02 billion, an increase of 29%. It beat Dacia for the first time, which dropped 28% to EUR815 million, more

08.11.2021

Romania’s mergers and acquisitions market saw a significant rebound in the first half, with a total of 69 transactions, reflecting an increase of 19% on the year-ago period, an EY study shows. more

05.25.2021

In 2020, global renewable energy capacity investments grew 2% to $303.5 billion, the second-highest annual figure recorded to date despite the impact of the global COVID-19 pandemic, but $5.2 trillion more

05.11.2021

Growing reliance on the digital home has driven a surge in online behaviors during the COVID-19 pandemic but rising service adoption is also marked by an increase in consumer fears around digital more

03.09.2021

The digitization of public services is an indisputable necessity, as it solves citizens' problems quickly and efficiently, especially in the current context of the pandemic, in which social more

02.15.2021

Business leaders worldwide expect a return to pre-pandemic levels of profitability in 2021 (23%) or 2022 (44%), marking improved sentiment compared with estimates in March 2020, an EY survey across 52 more

01.05.2021

This year will bring interesting opportunities on the Romanian mergers and acquisitions market in terms of political change, consumer behavior and entrepreneurs' ability to adapt to the challenges of more

12.09.2019

Romanian state-owned railway operator CFR and Consis Proiect have signed a RON11.3 million contract, net of VAT, for a feasibility study on upgrades to Gara de Nord, Bucharest's main train station. more

09.05.2019

Romania posted the highest VAT gap in the European Union, with 36% of VAT revenues going missing in 2017, followed by Greece (34%) and Lithuania (25%), according to a study released Thursday by the more

08.21.2019

Purchasing power in Romania grew 18% in 2018, to EUR5,083, from EUR4,556 in 2017 and EUR4,181 in 2016 but gaps between counties have widened, a study by GfK showed Wednesday. more

07.30.2019

Nearly 60% of prospective homebuyers choose new apartments, while old apartments lose ground as the supply of new housing is on the rise and prices have stabilized, a study by Imoteca showed Tuesday. more

06.13.2019

Romania (+7%) and Lithuania (+5.9%) are expected to have the highest growth rates in 2019 for brick-and-mortar retail in the 27 EU nations (excluding the UK) even though purchasing power remains among more

05.08.2019

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03.08.2019

Romania's tax on banks' financial assets could wipe out a total of 1.2 to 1.71 points of the country's economic growth in 2019 and 2020, according to an impact study by the central bank, presented more

07.12.2018

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06.28.2018

Subway operator Metrorex said Thursday it has approved a pre-feasibility study for an 11-km section of a fourth mainline that would link the northwestern part of Bucharest to the south. more

04.23.2018

Sales of IT&C products in Romania rose by 14%-15% in 2017, similar with the annual increases of 12.5%-14% registered in 2014-2015, and significantly above the level reported in 2016, of just 9%, more

03.12.2018

The number of Romanians with net wealth of over $5 million rose 13% to 3,720 people in 2017 and their number is expected to reach 5,630 until 2022, according to a study by estate agency, residential more

03.12.2018

A cap on interest rates, currently under debate in parliament, would lead to lower household lending, would reduce consumption and could affect investments, thus hindering economic growth leading, more

03.08.2018

Nearly two in three women in Romania, or 67%, dream of running their own businesses, but when they plan to start a business, they face various challenges such as the lack of financial aid (58%) or the more

03.07.2018

Romania places ninth in a ranking of countries with the highest percentage of businesses run by women, according to the study Mastercard Index of Women Entrepreneurs 2018, which analyses the progress more