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Articles - companii

German group Porsche opens auto software center in Cluj-Napoca

Porsche Engineering Romania, a local subsidiary of German group Porsche, will open a software development center in Cluj-Napoca.

Number of new companies with foreign capital, down by a quarter in Romania

The number of companies with foreign capital that were set up in January dropped by 25% compared to January 2015.

Romania to launch two investment funds for IT startups

The Government wants to create two investment funds with a total budget of over EUR 100 million to finance IT startups.

Number of insolvencies down in January, but many companies suspend activity

A number of 662 companies filed for insolvency in the first month of this year, down 28.82pct compared to the same month of 2015, show the data with the National Office of Trade Registry (ONRC).

Romanian Finance Minister: Minimum wage goes up in May

The minimum wage will increase to RON 1,250 (EUR 280) starting May 1 this year, like previously announced, said the Finance Minister Anca Dragu.

EY Romania: 87 pct of Romanian companies to raise wages in 2016

In 2016, 87 percent of Romanian companies say they will raise wages but 44 percent of them do not estimate an increase of more than 5 percent, according to an EY Romania study. Moreover, 81 percent of the companies participating in the study said they will increase investments in 2016.

Romania’s new insolvency law leads to fewer insolvent companies

The new insolvency law, which entered into force in mid-2014, has reduced the number of businesses that entered insolvency.

Almost a quarter of Romanian CFOs expect the economy to grow in 2016, says Deloitte

Nearly a quarter of Romanian CFOs surveyed by Deloitte Central Europe expect the local economy to grow by up to 3.6 percent this year, in line with the World Bank’s forecast of 3.9 percent.

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