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Articles - companies

Over 90% of the groups of companies active in Romania are multinationals

Romania had approximately 73,000 multinational groups of companies in 2016, out of a total of 78,181, according to the National Statistics Institute.

How do leaders lead by influence

There can be no leadership without influence, because influencing, including through the power of example, is the way leaders lead. There is a profound difference between leadership and management. Both are important within an organization, but management is a process and can only be implemented on the basis of skills, while leadership has more of self-knowledge, self-management, self-development.

The number of newly established foreign capital companies increased by 12% in the first eight months in Romania

The number of newly established foreign capital companies increased by 12% compared to the same period of the previous year, to 3.951 units, according to the National Trade Register Office (ONRC) data.

Oracle to Relocate to Romania Most of Its Hardware Support Activities in Europe

Oracle, the world's largest software developer, will transfer most European hardware support activities to Romania to reduce current costs, and the liquidation of operations has already been launched, British newspaper The Register quotes sources close to Oracle.

Number of Newly Established Firms Reaches A New Record in Romania

Removing certain taxes and tariffs from February 1, 2017 gave a new impetus to the Romanian entrepreneurial initiative: the establishment of companies reached a new record of the last five years, and the establishment of PFAs started to grow again.

Creation of firms with foreign capital in Romania hits 18-year low in 2016

Romania registered in 2016 the smaller number of new firms with foreign capital out of the last 18 years, according to the National Trade Registry Office (ONRC).

Romanian CEOs are among the most optimistic business leaders worldwide

Unlike 2016, the CEOs’ confidence in their companies’ own one-year revenue growth is on the rise in nearly every major country across the world. Some 71% of the CEOs in India, 57% of those in Brazil, and 52% of those in Romania (up from 50% in 2016) believe that their businesses will grow in the next year according to a survey carried out by consultancy company PwC.

First acceleration fund dedicated to startups in Romania launches in Cluj

More than 30 investors from Transylvania have decided to set up Risky Business, the first acceleration fund for startups in Romania, with a value of EUR 250,000. The fund was recently launched in Cluj-Napoca.

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