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Articles - companies

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.

Over EUR 55 bln, the companies’ turnover with foreign capital in Romania

The companies from Romania which have foreign investors registered a total turnover of RON 250 billion (EUR 55 billion) in 2015. On the first place are the Dutch firms, which generated a turnover of approximately EUR 35 billion, says a study of Creditinfo, a company specialized in the supply of products and commercial risk management of services.

Salaries in call centers increase by 10-12% in Romania, 22% in Bucharest

Salaries in call centers and service centers increased by 10-12% in Romania last year, and by 22% in Bucharest.
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